Gulf Shores AL Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 1,900
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.28 Acres
- Year built:
- 1980
- Baths:
- 5.00
- MLS#:
- 369433
- Subdivision:
- Gulf Pines
ADDITIONAL INFORMATION
This versatile property offers four separate dwellings, each with unique features and onsite laundry access. With three units currently tenant-occupied, it’s already generating income. Here’s what’s included:Main House: 3 bed, 1.5 bath upstairs, plus a 2 bed, 1 bath unit below.Tiny Home: Centrally located with a full bath and new vinyl plank flooring.Garage Apartment: Complete with a full bath, stack washer/dryer hookup, HVAC, and dedicated living, kitchen, and dining spaces.Ideal for expanding your rental portfolio, creating a multi-purpose property, or establishing a generational home. A rare find—schedule a tour today! Buyer to verify all information during due diligence.
- Type:
- Duplex
- Sq.Ft.:
- 4,050
- Status:
- Active
- Beds:
- 8
- Lot size:
- 2.36 Acres
- Year built:
- 2006
- Baths:
- 8.00
- MLS#:
- 368004
- Subdivision:
- Laguna Sands
ADDITIONAL INFORMATION
Here's your chance to own both sides of this little lagoon front duplex located in a prime Gulf Shores location. Laguna sands consist of 4 standalone duplex buildings with shared amenities such as pool, baby pool, hot tub, & pier/boat dock on Little Lagoon. This building is the only one in the complex situated directly pool front, making it the prime building out of the 4 available. The gulf and beautiful white sand beaches are only a short walk making this property a best of both worlds situation. Spend the day at the beach, come back in the evening & fish off the pier for dinner, or kayak the Lagoon to enjoy the tranquility! Ea. unit has 4 bedroom and 3.5 baths with the primary bedroom on the main level. Upstairs you will find a split bedroom plan with a bunkroom between the two. The two upper north and south bedrooms each have private balconies off the room. The upper balcony on the south side with views of the gulf, while the northern side of each unit has balconies on each level overlooking the Lagoon and property amenities. Each bedroom space is LARGE! Plenty of space, plenty of storage, and in some of the rooms, there is even additional pull out bedding due to the tremendous amount of space offered. The beautiful wood floors throughout each unit and rare in this area & add to the charm of these beautifully decorated beachy duplex units. Many updates have been completed, leaving the new owner with little to worry about! New appliances and one HVAC, as well as constant upkeep & maintenance on decor or any needed rental supplies to make this a well-stocked and kept rental. Fantastic Net income in 2023 of $125k, and 135k this year despite the trending lower rents of 2024. This is a unique situation and a great opportunity for someone to own both sides and take advantage of large group rentals with 8 total bedrooms, &/or use one side and rent the other while enjoying a bounty of amenities, and a location that can't be beat! See MLS 353981 for single side listing
- Type:
- Triplex
- Sq.Ft.:
- 2,574
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.74 Acres
- Year built:
- 2004
- Baths:
- 3.00
- MLS#:
- 365599
ADDITIONAL INFORMATION
CALLING ALL INVESTORS LOOKING FOR A DEAL! Sellers are open to OWNER FINANCING! Own not one, but THREE RENTAL HOUSES on a spacious 150 x 218 lot in Gulf Shores. Located directly behind Dollar General, Chevron, Fresh Market Seafood, Beach Bums Coffee & Deli, and Plane Sudz Laundromat on Ft Morgan Rd! Mo's Landing Park & Boat Launch on Little Lagoon and the public beach access on Mobile St are only a few minutes away! House "A" recently experienced a kitchen fire and has undergone a complete gutting in the kitchen. It is currently vacant. Prior to the tenant moving out, the combined monthly gross income for all three properties was $2,750, totaling an annual income of over $33,000 with the opportunity to easily earn more. The same renters have been leasing these homes for over 5 years at same amount. House "A," constructed in 2004, offers approximately 864 square feet of living space, 2 bedrooms and 1 bathroom, and spacious screen porch. HVAC age: 2019. Rents for $975 and has septic tank. House "B" was relocated to the property in 1985 and offers around 868 square feet of living space with 1 bedroom and a loft being used as a second bedroom, along with 1 bathroom, this home rents for $900 per month and is on city sewer. HVAC replaced two years ago. House "C" is currently rented for $950 per month and is on city sewer. This original 1985 house offers 768 square feet of living space, featuring 2 bedrooms & 1 bathroom. HVAC replaced two years ago. All 3 houses have access to city water, central heating and air, & separate utility meters. The utility sheds on the property are fully plumbed for washers and dryers, providing added convenience for tenants. Additionally, the houses have undergone renovations & rent very easily. Lot is approximately 0.74 acres with majestic Live Oaks & large common areas. Continue to rent all THREE houses or live in one while the rental income pays your expenses! Please do not access the property without an agent present & permission. Buyer to
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2005
- Baths:
- 3.00
- MLS#:
- 647154
ADDITIONAL INFORMATION
Two gulf front bedroom suites with access to huge the balcony (8 x 40). Living room features floor to ceiling windows overlooking the beach and 9 ft ceilings. Wonderful kitchen with granite counters, stainless appliances and large bar area. Parking is easy. Drive up to parking garage, covered parking available with access to 2 elevators or 1 flight of stairs. This is a unique building with only 3 condos per floor. Island Tower amenities include infinity edge outdoor pool and climate controlled indoor pool, fitness center overlooking the white sandy beach, and private grilling area. SUPER LOCATION with everything you need in walking distance, including the Hangout, City Park, Coffee Shops, etc. Great rental with approx. $40,000 for this year thru July 31, 2024. Building has received an exterior restoration including balconies,pools,and boardwalk. Buyer to verify all information during due diligence.
$2,645,000
1261 W Beach Boulevard Gulf Shores, AL 36542
- Type:
- Duplex
- Sq.Ft.:
- 4,230
- Status:
- Active
- Beds:
- 9
- Lot size:
- 0.39 Acres
- Year built:
- 1983
- Baths:
- 7.00
- MLS#:
- 350243
- Subdivision:
- Gulf Shores
ADDITIONAL INFORMATION
GULF FRONT DUPLEX! 2024 rental revenue is projected to be $320k! This 9 BR/7 BA duplex has direct access to the white sandy beaches of Gulf Shores. A private heated pool and expansive deck overlook the Gulf of Mexico. Equipped to comfortably sleep 29 guests this property has it all - prime location, amazing views of the Gulf and plenty of space to make memories. The oversized master bedroom and new tile shower in the master bathroom will be a peaceful retreat at the end of the day. Ample guest rooms enjoy Gulf front balconies. Schedule an appointment to view this duplex today! Buyer to verify all information during due diligence.
Gulf Shores Real Estate
The median home value in Gulf Shores, AL is $500,830. This is higher than the county median home value of $357,700. The national median home value is $338,100. The average price of homes sold in Gulf Shores, AL is $500,830. Approximately 29.18% of Gulf Shores homes are owned, compared to 19.6% rented, while 51.22% are vacant. Gulf Shores real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Gulf Shores real estate agent to arrange a tour today!
Gulf Shores, Alabama has a population of 14,712. Gulf Shores is less family-centric than the surrounding county with 19.65% of the households containing married families with children. The county average for households married with children is 29.71%.
The median household income in Gulf Shores, Alabama is $53,048. The median household income for the surrounding county is $64,346 compared to the national median of $69,021. The median age of people living in Gulf Shores is 50 years.
Gulf Shores Weather
The average high temperature in July is 90 degrees, with an average low temperature in January of 40.8 degrees. The average rainfall is approximately 63.5 inches per year, with 0 inches of snow per year.