$705,000

Single Family Residence In Gulf Shores

  • 4 Beds
  • 4 Baths
  • 1,952 Sqft
  • 6,099 Sqft lot
  • Updated: August 4
  • Source:
    Pensacola Association of REALTORS  MLS#686923

About the Property

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-bedro
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 type

    House

  • Floors

    2

  • Year built

    1952

  • Price/sqft

    $361

Features

  • Terrace
  • Sea View
  • Renovated
  • Investment Property
  • Coastal

Explore the Area

351 E 2nd Ave, Gulf Shores, Alabama, United States View on Google Maps
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RE/MAX OF ORANGE BEACH - Orange Beach

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RE/MAX OF ORANGE BEACH - Orange Beach
Alabama, United States
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20
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2026
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RE/MAX OF ORANGE BEACH - Orange Beach
Orange Beach, Alabama, United States
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Last updated
August 4
First listed
Aug 4
Listing reference
686923
Listing status
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