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$949,900

Est. payment - /mo

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4 BD

3 BA

1,744 SqFt

Price Dropped by $40K

221 E 2nd Avenue Gulf Shores, AL 36542

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Rika Edge

rikaedge@epique.me +1(850) 292-9327

UPDATED:

09/27/2024 07:12 PM

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

Listed by Bellator Real Estate LLC Orang

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Rika Edge

Agent | License ID: 3576477

+1(850) 292-9327

Rika Edge

221 E 2nd Avenue Gulf Shores, AL 36542

Rika Edge

Key Details

Location

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

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221 E 2nd Avenue