Gulf Shores AL Multi Family for Sale

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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:
Duplex
Sq.Ft.:
2,331
Status:
Active
Beds:
8
Lot size:
0.23 Acres
Year built:
2014
Baths:
4.00
MLS#:
363624
Subdivision:
Fort Morgan

ADDITIONAL INFORMATION

Investor's Dream! Gulf Front Fort Morgan Luxury. Excellent income producing investment property or Family Home. One mile East of Fort Morgan Marina. The duplex rental income producing property has deeded walking access to the Gulf beach and beautiful views from the front porches. Walk down the drive to the Gulf. Close to the marina (boater's dream) and Ft Morgan State Park. Newly remodeled and beautifully decorated, these are beautiful beach homes. Four bedrooms and 2 baths on each side; As a bonus, one bedroom on both sides 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 rental for large families or groups who need two houses. $80,000 average in rental income. 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 go together to purchase a family beach house. Offered just in time for 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. No HOA. You will love the area. From large parties to family rentals. Buyer to verify all information during due diligence.

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.

Type:
Duplex
Sq.Ft.:
1,982
Status:
Active
Beds:
3
Lot size:
0.38 Acres
Year built:
1984
Baths:
3.00
MLS#:
363390
Subdivision:
Gulf Shores

ADDITIONAL INFORMATION

Beautiful 1982 square ft. Lagoon front duplex (west side unit only). 45 ft of lagoon frontage with wooden boardwalk plus a shared pier with a private boat lift for this unit. The pier was rebuilt 3 years ago. This unit has one of the most spectacular views on the lagoon with breathtaking sunsets. 3 bedrooms 3 baths with a bonus room. The master bedroom with a private bath plus the second bedroom and bonus room are located upstairs. There is an additional full bathroom upstairs. The 3rd bedroom with a private bath is located downstairs. There are custom plantation shutters on all windows throughout the house. The upstairs flooring is beautiful luxury vinyl planking and the downstair flooring is ceramic tile. All kitchen and bath countertops are granite with undermount sinks. All kitchen appliances are stainless steel. The heating and air conditioner unit was replaced about 4 years ago. The metal fortified roof is 3 years old. There is an L-shaped bar on the upper deck to enjoy the view.Lots of storage area with an outside storage room plus attic storage.The refrigerator and all beds will be included with the sale unless the buyer requests them to be removed. Buyer to verify all information during due diligence.

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.

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Andrea D. Conner, License 000112954-0, Xome Inc., License C000100267, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Listing information Copyright 2024 Baldwin REALTORS®. The information being provided is for consumers’ personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of Baldwin REALTORS®. Real estate listings held by brokerage firms other than Xome Inc. are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.
Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75019


Copyright © 2024 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, re transmitted, copied, framed, re purposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.



Gulf Shores Real Estate

The median home value in Gulf Shores, AL is $499,900. This is higher than the county median home value of $210,900. The national median home value is $219,700. The average price of homes sold in Gulf Shores, AL is $499,900. Approximately 25.49% of Gulf Shores homes are owned, compared to 16.86% rented, while 57.65% 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 11,358. Gulf Shores is less family-centric than the surrounding county with 12.67% of the households containing married families with children. The county average for households married with children is 27.28%.

The median household income in Gulf Shores, Alabama is $50,227. The median household income for the surrounding county is $52,562 compared to the national median of $57,652. The median age of people living in Gulf Shores is 51.6 years.

Gulf Shores Weather

The average high temperature in July is 90.4 degrees, with an average low temperature in January of 38.1 degrees. The average rainfall is approximately 65.9 inches per year, with 0.1 inches of snow per year.

Gulf Shores Real Estate Market Conditions

  • Median sales price

    $499,900
    21.1% change since last quarter
  • # Active listings

    1,032
    30-day change

Gulf Shores Schools and Demographics

Education near Gulf Shores, AL

Metric City County
High School Graduates 96.73 90.21
College Degree - 2 year 12.04 9.62
College Degree - 4 year 35.39 30.74
Graduate Degree 9.39 7.49
Expenditures per Student 8,731 8,976
Students per Teacher 17.3 17.7

Elementary Schools near Gulf Shores, AL

School Grades Students P/T Ratio ZIP
Foley Elementary School KG - 04 1,370 18.3 36535
Gulf Shores Elementary School PK - 06 1,056 18.6 36542
Magnolia School PK - 06 700 17.8 36535
Orange Beach Elementary School KG - 06 454 17.1 36561
Summerdale School PK - 08 507 15.6 36580
Swift Consolidated Elementary School PK - 06 254 14.8 36511

Middle Schools near Gulf Shores, AL

School Grades Students P/T Ratio ZIP
Foley Intermediate School 05 - 06 441 21 36535
Foley Middle School 07 - 08 683 18.9 36535
Gulf Shores Middle School 07 - 08 458 18.5 36542

High Schools near Gulf Shores, AL

School Grades Students P/T Ratio ZIP
Foley High School 09 - 12 1,818 18.6 36535
Gulf Shores High School 09 - 12 873 18.2 36542

Demographics near Gulf Shores, AL

Metric City County
Neighborhood Type Suburban
Population 11,358 203,360
Population Density 405 128
Median Age 51.6 42.6
People per Household 2.1 2.6
Median Household Income 50,227 52,562
Average Income per Capita 38,449 29,364