351 E 2nd Avenue, Gulf Shores, AL 36542
Local realty services provided by:Better Homes and Gardens Real Estate Main Street Properties
351 E 2nd Avenue,Gulf Shores, AL 36542
$699,000
- 4 Beds
- 4 Baths
- 2,044 sq. ft.
- Single family
- Active
Listed by: heather w harp
Office: re/max of orange beach
MLS#:390598
Source:AL_BCAR
Price summary
- Price:$699,000
- Price per sq. ft.:$341.98
About this home
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....
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Home facts
- Year built:1952
- Subdivision & Development:Mcphillips
- Listing ID #:390598
- Added:190 day(s) ago
- Updated:July 31, 2026 at 02:56 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Flooring:Tile, Wood
- Kitchen Description:Dishwasher, Electric Range, Microwave
- Living area:2,044 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Roof:Metal
- Year built:1952
- Building area:2,044 sq. ft.
- Architectural Style:Raised Beach
- Exterior Features:Front Porch, Porch Wrap, Storage
- Levels:2 Story
Schools
- High school:Gulf Shores High
- Middle school:Gulf Shores Middle
- Elementary school:Gulf Shores Elementary
Finances and disclosures
- Price:$699,000
- Price per sq. ft.:$341.98
Features and amenities
- Appliances:Dishwasher, Electric Range, Microwave, Plumbed For Ice Maker, Smoke Detector
- Amenities:Internet, Smoke Detector
Parking
- Parking description:Single Carport
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