221 E 2nd Avenue Active Save Request In-Person Tour Request Virtual Tour
Gulf Shores,AL 36542
Key Details
Property Type Single Family Home
Sub Type Raised Beach
Listing Status Active
Purchase Type For Sale
Square Footage 1,744 sqft
Price per Sqft $544
Subdivision Gulf Shores
MLS Listing ID 367877
Style Raised Beach
Bedrooms 4
Full Baths 2
Half Baths 1
Construction Status Resale
Year Built 1975
Annual Tax Amount $1,709
Lot Size 6,250 Sqft
Lot Dimensions 50 x 125
Property Description
Located in the heart of Downtown Gulf Shores, this extraordinary two-level home offers the perfect combination of residential comfort, commercial potential, and income-generating possibilities. With no HOA and just steps from the stunning Gulf Coast beaches, this fully furnished, move-in ready property offers versatile opportunities for those seeking a beachside retreat, vacation rental, or commercial space. Zoned Business Tourism (BT-2), the opportunities for this property are limitless. Featuring two levels, the home includes a 3-bedroom, 2-bath layout upstairs and a flexible living area downstairs, offering ample space for multiple uses. Recent upgrades such as a new metal roof, a 2024 air conditioning unit, electrical panel and a new water heater ensure it’s ready for immediate occupancy. The upstairs living area is bright and open, with beach-inspired décor, tile flooring, and a large screened-in porch for enjoying your morning coffee. The primary suite includes an ensuite bath, while the other bedrooms are filled with natural light. Downstairs, the versatile living space can easily be used for entertaining, and the enclosed garage and 17x10 workshop provide ample storage. In the backyard, a newly added pool, built in February 2024, along with a spacious deck, transforms the space into a private paradise. The fully fenced yard is great for relaxing or hosting gatherings, while the low-maintenance landscaping adds convenience. This home’s prime location offers walking access to local shops, restaurants, and entertainment, with the beach just a short stroll away. From the upstairs porch, enjoy a peek-a-boo view of the Gulf. For investors, this property has a proven rental history, generating $55,715.35 in income in 2023 and $57,233.00 by mid-2024, with future bookings already secured. With its flexible zoning, prime location, and established rental income, is a unique opportunity you don’t want to miss! Buyer to verify all information during Buyer to verif
Location
State AL
County Baldwin
Area Gulf Shores 1
Interior
Interior Features Vaulted Ceiling(s)
Cooling Central Electric (Cool),Central Gas (Cool)
Flooring Tile
Fireplace Yes
Appliance Dishwasher,Dryer,Microwave,Electric Range,Refrigerator,Washer
Laundry Lower Level
Exterior
Garage Single Carport,Single Garage
Pool Indoor
Community Features None
Utilities Available Cable Available,Gulf Shores Utilities
Waterfront No
Waterfront Description No Waterfront
View Y/N No
View None/Not Applicable
Roof Type Metal
Parking Type Single Carport,Single Garage
Garage Yes
Building
Lot Description Less than 1 acre
Sewer Public Sewer
Water Public
Architectural Style Raised Beach
New Construction No
Construction Status Resale
Schools
Elementary Schools Gulf Shores Elementary
Middle Schools Gulf Shores Middle
High Schools Gulf Shores High
Others
Ownership Whole/Full