351 E 2nd Ave, Gulf Shores, AL 36542
Local realty services provided by:Better Homes and Gardens Real Estate Emerald Coast
351 E 2nd Ave,Gulf Shores, AL 36542
$705,000
- 4 Beds
- 4 Baths
- 1,952 sq. ft.
- Single family
- Active
Listed by: heather harp
Office: re/max of orange beach
MLS#:686923
Source:FL_PMLS
Price summary
- Price:$705,000
- Price per sq. ft.:$361.17
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 #:686923
- Added:28 day(s) ago
- Updated:August 31, 2026 at 03:32 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Flooring:Tile
- Dining Description:Living/Dining Combo
- Kitchen Description:Electric Water Heater
- Living area:1,952 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:1952
- Building area:1,952 sq. ft.
- Lot Features:Central Access
- Architectural Style:Single Family Residence, Traditional
- Construction Materials:Frame
- Foundation Description:Pillar/Post/Pier
- Levels:2 Story
Schools
- High school:Local School In County
- Middle school:LOCAL SCHOOL IN COUNTY
- Elementary school:Local School In County
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$705,000
- Price per sq. ft.:$361.17
Features and amenities
- Amenities:Electric Water Heater
Parking
- Total parking spaces:2
- Parking description:2 Car Carport
- Carport spaces:2
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