232 W 1st Avenue, Gulf Shores, AL 36542
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232 W 1st Avenue, Gulf Shores, AL 36542
232 W 1st Avenue, Gulf Shores, AL 36542
232 W 1st Avenue, Gulf Shores, AL 36542
232 W 1st Avenue, Gulf Shores, AL 36542
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Candyce Heflin

Candyce Heflin

+1(662) 420-0104
$ 1,400,000
Est. payment /mo
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232 W 1st Avenue Gulf Shores, AL 36542

4 Beds

4 Baths

2,200 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Residential Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $636

Subdivision Gulf Shores

MLS Listing ID 411397

Style Raised Beach

Bedrooms 4

Full Baths 4

Construction Status Resale

HOA Y/N No

Rental Info Yes

Year Built 1981

Acres 0.243

Property Sub-Type Residential Detached

Source Baldwin County

Property Description

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.

Location

State AL

County Baldwin

Zoning OtherSeeRemarks

Rooms

Dining Room BreakfastBar, EatInKitchen, LivingDiningKitchenCombo

Interior

Interior Features En Suite, Ceiling Fan(s)

Heating Central

Cooling Electric

Flooring Tile, Luxury Vinyl Plank

Furnishings Partially

Fireplace No

Appliance Dryer, Washer, Disposal, Microwave, Dishwasher, Electric Range, Plumbed For Ice Maker

Heat Source Central

Exterior

Parking Features Double Carport

Pool None

Community Features None

Utilities Available Baldwin EMC

Waterfront Description Gulf Access Less Than Or Equal To Quarter Mile

View Y/N Yes

View Southern View, Indirect Gulf Across Road

Roof Type Metal

Building

Lot Description Level, Less Than 1 Acre

Architectural Style Raised Beach

Construction Status Resale

Schools

Elementary Schools Gulf Shores Elementary

Middle Schools Gulf Shores Middle

High Schools Gulf Shores High

Others

Special Listing Condition None

Listed by BELLATOR REAL ESTATE LLC GULF SHORES

Nearby Locations

Candyce Heflin

Candyce Heflin

Associate Broker AL & FL License ID: 109570-1

+1(662) 420-0104

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232 W 1st Avenue