440 E 1st Ave, Gulf Shores, AL 36542

$413,000
Sold Price
$413,000
List Price
$450,000
Closing Date
Jul 07, 2026
MLS#
395642
Status
CLOSED
Type
Land
Acres
0.14
City
Gulf Shores

Property Description

Located in the heart of Gulf Shores, AL, this lot offers exceptional investment potential in one of the area’s most desirable short-term rental markets. Zoned BT-2, which allows short-term rentals, this property is ideal for developing a two- three or five-story income-producing rental. Its proximity to top attractions like The Hangout, Sea-N-Suds, The Pink Pony Pub, and Waterville USA enhances its strong rental appeal and occupancy potential.The lot includes deeded beach access just one block south, along with additional nearby public access points—an attractive feature for vacation renters seeking convenience and walkability. With the ability to add a pool and maximize outdoor living space, this property presents an excellent opportunity to increase nightly rates and overall return.Positioned in a high-demand rental corridor, this is a prime opportunity to build, capitalize, and generate consistent income. Reach out today to discuss development potential and projected returns. Buyer to verify all information during due diligence.

Additional Information

High School
Gulf Shores High

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of RE/MAX of Gulf Shores. Selling Office: RE/MAX of Gulf Shores.

© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .