$1,099,000
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Kinzalow Lane Gulf Shores, AL 36542
Other
Residence
8
Beds
4
Baths
2,331
Sq. Ft.
0.23
Acre
Lot
Property Activity
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FORT MORGAN GULF BEACH LUXURY DUPLEX! NO HOA! BEACHSIDE WATERFRONT VIEWS. Excellent income producing investment property. The 6 bedroom PLUS 2 bunk rooms, 4 bathroom, duplex is walking access to the private Gulf beach and beautiful views from the front porches. Walk down the private drive to the bea...ch. Close to the Fort Morgan marina (boater's dream) and Fort Morgan State Park. Newly remodeled and beautifully decorated, these are beautiful beach homes designed as a duplex. Four bedrooms and 2 baths on each side; As a bonus, one bedroom on each side is a bunk room located off the back porch. Sides are connected/divided by a double locking door on back porches. It is perfect to share or separate these beach homes. Approximately 1200 sq feet each side. 350 sq ft of porches each side. Great place to sleep 16-20 combined or 8-10 each side. Rental income opportunity $40,000-$80,000 and higher. Perfect for investors or for someone who wants to live in one side and rent out the other or perhaps even a family that wants to purchase a family beach house and huge Gulf Coast Summer rental season. Gulf Shores is a very sought after island resort and Fort Morgan adds the perfect balance of beach, privacy and all the fun things to do close by. The room dimensions listed are per duplex side. Move in and rental ready, you won't need to do one thing to begin living in or renting this beach haven. Rental revenue past and 2024 available. Rental Projections $110,000 from management company willing to manage for new owner. You will love the area close to the Fort Morgan Marina and Restaurants. From larger parties to family rentals. Buyer to verify all information during due diligence.
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MLS#
360914
Property Type
Other
Bedrooms
8
Bathrooms
4 Full
Year Built
2014
Square Feet
2,331
sq. ft
Lot Size
0.23
Stories
1.0
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