Ad #7176696
MLS #676515
10.17% ROI | NO HOA | DEEDED BEACH ACCESS | FULLY RENOVATED |
351 E 2nd Ave, Gulf Shores, Alabama, 36542
$699,000
4Beds
4Baths
1,952Sqft
0.140Acres
About this property
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 beach 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.
Property Features
4 Beds
4 Baths
1,952 Sqft
Built in 1952
0.140 Acres
2 Stories
Carport
Siding: Frame
Metal Roof
Central
Baldwin County
Mcphillips Community
Additional Photos
Contact Information
Heather Harp
RE/MAX OF ORANGE BEACH
251-981-2400
Location
BeachHouse.com
Printed Jul 21, 2026
Photo Gallery
$699,000
4
Beds
4
Baths
1,952
Sqft
351 E 2nd Ave, Gulf Shores, Alabama, 36542
By contacting this agent you agree to these Terms and Conditions.
MLS# 676515
10.17% ROI | NO HOA | DEEDED BEACH ACCESS | FULLY RENOVATED |
$699,000
351 E 2nd Ave, Gulf Shores, Alabama, 36542
4
Beds
4
Baths
1,952
Sqft
0.140
Acres
$699,000
351 E 2nd Ave, Gulf Shores, Alabama, 36542
4 Beds
4 Baths
1,952 Sqft
0.140 Acres
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 beach 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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Listing Agent
Heather Harp
RE/MAX OF ORANGE BEACH
Listing Agent: Heather Harp 251-981-2400. Broker: RE/MAX OF ORANGE BEACH 251-981-2400 Listing Site. Copyright © 2026 Pensacola Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property Details
HOME DETAILS
4 Beds
4 Baths
1,952 Sqft
Built in 1952
0.140 Acres
2 Stories
EXTERIOR
Carport
Siding: Frame
Metal Roof
INTERIOR
Central
FINANCIAL & COMMUNITY
Baldwin County
Mcphillips Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7176696
Viewed
121 times
Listing Status
Active
Added
Jan 23, 2026
Last Refresh
Jul 21, 2026 03:44:27 PM
Listing Information
Data Source
Pensacola Association of REALTORS
Source Property ID
676515
All information provided is deemed reliable but is not guaranteed and should be independently verified.
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