AL
Baldwin County
Gulf Shores
36542
351 E 2nd Avenue
351 E 2nd Avenue, Gulf Shores, AL 36542
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Listing Type
Single Family
Listing Status
Active
43
$705,000

Home Details for 351 E 2nd Avenue

Price
$705,000
Type
Residential
Bedrooms
4
Total Bathrooms
4
Full Bathrooms
3
Half Bathrooms
1
Square feet
2044
Year built
1952
Lot size acres
0.143
County
Baldwin County
Days on site
177
MLS Listing#
390598
Property Description

10.17% ROI | NO HOA | DEEDED BEACH ACCESS | FULLY RENOVATED | SELLER WILL PAY BUYER'S CLOSING COSTS Exceptional opportunity to own a fully renovated, turn-key property in the heart of Gulf Shores with an estimated 10.17% ROI, NO HOA, and flexible zoning that allows short-term rentals, residential, or commercial use. Properties offering this combination are exceptionally rare.This spacious 4-bedroom, 3.5-bath home comfortably sleeps up to 13 guests and comes fully furnished, allowing for immediate enjoyment or continued rental operation. Future bookings are already in place, providing a seamless transition for the next owner.Ideally located just a short walk from the sugar-white beaches, dining, shopping, festivals, and popular Gulf Shores attractions, the property also features deeded beach access and a 27-foot Gulf-facing deck perfect for enjoying coastal views and breezes.Major improvements have already been completed, including a Fortified Roof (2022), upstairs HVAC (2018), downstairs HVAC (2024), and a new grinder pump (2024), offering peace of mind for years to come.Projected annual gross rental income is approximately $76,391.99, with a projected net operating income of $71,671.31, making this an outstanding opportunity for buyers seeking a strong-performing coastal property.Seller is offering closing cost assistance or a 2/1 interest rate buydown with an acceptable offer, creating additional value for qualified buyers.Properties with NO HOA, deeded beach access, flexible zoning, strong income potential, and a prime Gulf Shores location are rarely available at this price point.Buyer to verify all information during due diligence. Buyer to verify all information during due diligence.

Property Features
  • Cooling Information
    • Heat Pump
    • Ceiling Fan(s)
  • Heating Information
    • Heat Pump
    • Electric
School Information
School Information for 351 E 2nd Avenue, Gulf Shores, AL 36542
Elementary School
Gulf Shores Elementary
Middle School
Gulf Shores Middle
High School
Gulf Shores High
Listing Courtesy: RE/MAX of Orange Beach - 251-981-2400
The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Baldwin County Association of REALTORS. Baldwin County MLS deems information reliable but not guaranteed.

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EXIT REALTY ORANGE BEACH
23005 Perdido Beach Blvd., Orange Beach, AL 36561
Office
251 981 7335
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