Active

221 E 2nd Avenue

Gulf Shores AL, 36542

$989,900


$567.60 per sqft

Active

4 Beds

3 Baths

1,744 sqft

Residential

Built in 1975

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 decor, 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

367877

MLS ID

September 13, 2024

Listed

September 19, 2024

Updated

Map

221 E 2nd Avenue
Gulf Shores AL, 36542

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

3


Full Bathrooms

2


Half Bathrooms

1


Interior Features

Vaulted Ceiling(s)


Appliances

Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer


Laundry Description

Lower Level


Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No


Heating Description

None

Exterior/Building Features

Lot Size

0.14 Acres


Architectual Style

Raised Beach


Roof

Metal


Sewer

Public Sewer

School Information

High School

Gulf Shores High


Elementary School

Gulf Shores Elementary

Other Property Details

Area Name

Gulf Shores 1


Taxes

$1,709


Tax Frequency

Annually


Garage

No


View

No


County

Baldwin


Water Source

Public


Pool

Yes


Pool Features

Indoor, Private

Courtesy of Bellator Real Estate LLC Orang, Jay Stradley

Listing Contact: PHONE: 251-609-2969 

The data relating to real estate for sale on this web site comes in part from the Baldwin County Association of REALTORS.  Real estate listings held by brokerage firms other than Top Tier Team are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Top Tier Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data on this page was last updated on 9/19/2024.

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