450 Park Ave

About This Home

This first-floor condominium offers 3 bedrooms, 2 bathrooms, and approximately 1,251 square feet of living space. The open floor plan features granite countertops, tile and luxury vinyl plank flooring throughout, and a screened patio for additional outdoor living space. An exterior storage closet provides added convenience. Residents have access to community amenities, including a swimming pool and BBQ area. Conveniently located in Foley with easy access to shopping, dining, and Gulf coast beaches. HOLDING FEE • A non-refundable holding fee equal to one month's rent is due within 24 hours of application approval. • This fee will hold the home for 14 days from the date of the application. • Once a lease is signed, the holding fee: - Removes the property from the market - Converts to the security deposit • This fee is non-refundable and non-transferable. APPLICATION PROCESS • All applicants 19 and older must apply individually. • Application fee: $75 per person (non-refundable) • Multiple applicants/roommates: Each must complete a separate application. • Applications are valid and transferable within 30 days. • Occupancy Limits: Must comply with HUD guidelines for the property. IDENTIFICATION REQUIREMENTS • A valid photo ID is required for each applicant. • Applicants without a Social Security Number must provide proof of permitted stay in the U.S., such as a valid U.S./INS visa. INCOME & CREDIT REQUIREMENTS • Credit Score: - Minimum 600 - No landlord collections or prior evictions accepted • Income: - Must be 3 times the monthly rent (Example: $1,500 rent requires $4,500 in monthly income) • Acceptable proof of income includes: 1. Recent paystub with YTD income, company name, applicant's name, and date 2. 1099 for self-employment 3. Most recent tax return 4. Documentation of child support, alimony, SSI, SDI, retirement, or pension 5. Employer offer letter with company name, applicant’s name, and date CRIMINAL & FINANCIAL BACKGROUND • Felony convictions are grounds for denial in the last 7 years for: - Violence, assault, battery, firearms, arson, or drug manufacturing/distribution • Sexual offenses: Any conviction regardless of when it occurred will result in denial • Bankruptcies: Must be discharged for 3 years CO-SIGNERS • Must meet all standard criteria • Must submit an application and pay the $75 application fee (non-refundable) RENTAL HISTORY • 2 years of verifiable rental history required - Must include prior landlord’s name, phone number, and email address - History must show: Timely payments, No noise/disturbance complaints, No unpaid NSF fees, damages, evictions, liens, or foreclosures • Prior homeownership is accepted as equivalent to rental history SERVICE/ SUPPORT ANIMALS • Must submit a separate application with: - A reasonable accommodation request - Documentation from a licensed medical professional APPLICATION TIMELINE • Processing time: Up to 1 week • Applications are processed in order received (once fully completed) • No processing on weekends or holidays • We will contact you for missing documents ADDITIONAL NOTES • If multiple applications are submitted for the same property, the first fully completed application will be considered. • Lease start date must be within 14 days of application approval. • Homes are rented in "as-is" condition. • We do not allow: Subletting, Corporate leasing, Airbnb usage FLEXIBLE RENT OPTION We now offer FLEX Flexible Rent. UTILITIES The tenant is responsible for all utilities. Electric - Baldwin EMC