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351 E 2nd Ave

Gulf Shores, AL 36542
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$699,000 $2,947/Mo
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Bed 4

Bed

Bath 4

Bath

SqFt1,952

Sqft

Acres0.14

Acre(Lot)

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 beac h 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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Detail Ic Property Details

Property Type : Residential

Price : $699,000

AD Id : 74471925

MLS Id : 676515

Beds : 4

Lot Size : 0.14 Acre

Living Area Size : 1,952

Year Built : 1952

County : Baldwin

Subdivision: South Gulf Condo

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Bedroom Dimensions: 15x10 Bedroom 1 Dimensions: 15x12 Total beds: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 3 Half Baths: 1

    Kitchen Information

    Dining Room Remarks: Living/Dining Combo Kitchen Dimensions: 15x11 Kitchen Room Remarks: Updated

  • Flooring Information

    Tile

  • Roofing Information

    Metal

  • Interior Features

    Roof: Metal Appliances: Electric Water Heater

  • Heating & Cooling

    Heating: Central Cooling: Central Air, Ceiling Fan(s) WaterSource: Public

  • Building Information

    Year Built: 1952 Construction Materials: Frame

  • Exterior Features

    Foundation Details: Pillar/Post/Pier

  • Pool Information

    None

  • Lot Information

    Lot Description: Central Access Lot Size Area: 0.14 Lot Size Units: Acres Lot Square Feet: 6,098 Lot Acres: 0.14 Stories: 2 Main Square Feet: 0.14

    Property Information

    Property Type: Residential Sub Type: Single Family ResidenceStyle: Traditional SQ ft (Living Area): 1,952 Subdivision: Mcphillips

  • Listing Price Information

    Original Listing Price: $780000

  • Tax Information

    Parcel Number: 6605212000030.000

  • Parking Information

    Parking Total: 2 2 Car Carport

  • Elementary School: Local School In County
    Junior High School: LOCAL SCHOOL IN COUNTY
    Senior High School: Local School In County

  • Location Information

    Direction: From Hwy 59 heading South, turn left on E 2nd Ave. Go approximately .4 miles and the home will be on the right.
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Nearby Home Value

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1517 Regency Road #123, Gulf Shores, AL, 36542 $275,500 2 2.5 1,229 1,229 SqFt
1037 Lagoon Avenue #7, Gulf Shores, AL, 36542 $254,900 1 1 608 608 SqFt
1037 Lagoon Avenue #6, Gulf Shores, AL, 36542 $242,500 1 1 608 608 SqFt
400 Plantation Road #2227, Gulf Shores, AL, 36542 $299,000 2 2 785 785 SqFt
645 Plantation Road #6102, Gulf Shores, AL, 36542 $424,500 2 2 915 915 SqFt
2715 State Highway 180 .., Gulf Shores, AL, 36542 $379,999 2 2 1,055 1,055 SqFt
2737 State Highway 180 .., Gulf Shores, AL, 36542 $375,000 2 2 1,270 1,270 SqFt
2715 State Highway 180 .., Gulf Shores, AL, 36542 $435,000 2 2 1,270 1,270 SqFt
1467 Sandy Lane #B, Gulf Shores, AL, 36542 $695,000 3 3 2,247 2,247 SqFt

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Copyright © 2026 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, retransmitted, copied, framed, repurposed, 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.

ByOwner last updated this listing 07/21/2026 @ 19:45

MLS: 676515 LISTED BY: Heather Harp, RE/MAX OF ORANGE BEACH 251-981-2400 SOURCE: Pensacola MLS

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