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232 W 1st Ave, Gulf Shores
$1,400,000
4 Beds ⋅ 4 Baths ⋅ 411397 MLS
RARE GULF SHORES INVESTMENT & DEVELOPMENT OPPORTUNITY! Located just 1 block from the Gulf Shores Public Beach and steps from the restaurants, entertainment, shopping, and attractions of the city’s vibrant beach district, 232 W 1st Ave offers an exceptional combination of location, income potential, & future development possibilities. Situated w/in the Gulf Shores Walking Area Overlay District & zoned BT-2 (Tourism Business Medium Density), the property offers tremendous flexibility for continued rental use or future redevelopment, subject to applicable city requirements & approvals. The 50' x 212' lot features 2 well-maintained homes, each offering 2 bedrooms, 2 bathrooms, & approximately 1,100 square feet ea. The home to the north will convey fully furnished & rent-ready, providing an opportunity to begin utilizing the property for vacation rentals while the home to the south will convey partially furnished & includes a cargo lift for added convenience. Each residence features welcoming sliding glass doors that open onto a private deck (30x8 for home to the north) (30x15 for home to the south), creating an inviting outdoor space for relaxing & entertaining. There is room (35 x 30) to build a shared pool between the homes to boost rental income. See rental projections for each home as-is & w/ an addition of a pool in Documents. The property’s BT-2 zoning adds another valuable layer of opportunity, w/potential for future commercial development should an owner choose to redevelop the site, subject to applicable zoning, permitting, & development requirements. The existing homes provide immediate utility while the underlying zoning and prime location create long-term possibilities. W/ the Gulf Shores Public Beach just one block away, vacation rental eligibility, 2 existing income-producing residences, & a substantial 50' x 212' lot in a high-demand tourism corridor, this is a truly distinctive property w/both immediate and future potential. Some photos virtually staged. Buyer to verify all information during due diligence.

232 W 1st Ave, Gulf Shores
1288 W Beach Blvd, Gulf Shores
$1,350,000
4 Beds ⋅ 4 Baths ⋅ 412782 MLS
Meet Twin Palms, a fully renovated stacked duplex where each floor is its own beach getaway, steps from the sand in the heart of Gulf Shores. Each level has a primary suite plus a bunk room with a full bed and a full-over-full bunk. Rent the whole place to a group of up to 16, or book each floor on its own for two income streams. Both covered front balconies have Gulf views and bar-height seating, and the sugar-white beach is about a one-minute walk across the street at the public beach access. Twin Palms was gutted and redone inside and out. That includes 38 new high-impact, hurricane-resistant windows, storm panels that convey, all new cabinets and appliances, all four bathrooms renovated, and fresh paint inside and out. The upstairs primary has a vaulted ceiling that makes the room feel bright and open. Out back, the two palms that gave the home its name frame a brand-new heated and chilled pool with a tanning ledge and paver deck, plus a turf lawn with cornhole, all inside a fully fenced yard. Under the house is a shaded lounge with a fire pit and Adirondack seating, and the big rear deck has room for outdoor dining. It all sits on a deep 50' x 246' lot (0.28 acres) zoned R-2 within Gulf Shores' West Beach vacation rental overlay. It comes fully furnished and turnkey, ready to start taking bookings. Buyer to verify all information during due diligence.

1288 W Beach Blvd, 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 .

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