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31
Photos
221 E 2nd Avenue, Gulf Shores, AL 36542
$989,900 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
3
baths
1,744
sqft
Built in
1975
Located in the heart of Downtown Gulf Shores, this extraordinary two-level home offers the perfect combination of residential comfort, commercial potential, and income-generating possibilities. With no HOA and just steps from the stunning Gulf Coast beaches, this fully furnished, move-in ready property offers versatile opportunities for those seeking a beachside retreat, vacation rental, or commercial space. Zoned Business Tourism (BT-2), the opportunities for this property are limitless. Featuring two levels, the home includes a 3-bedroom, 2-bath layout upstairs and a flexible living area downstairs, offering ample space for multiple uses. Recent upgrades such as a new metal roof, a 2024 air conditioning unit, electrical panel and a new water heater ensure it’s ready for immediate occupancy. The upstairs living area is bright and open, with beach-inspired décor, tile flooring, and a large screened-in porch for enjoying your morning coffee. The primary suite includes an ensuite bath, while the other bedrooms are filled with natural light. Downstairs, the versatile living space can easily be used for entertaining, and the enclosed garage and 17x10 workshop provide ample storage. In the backyard, a newly added pool, built in February 2024, along with a spacious deck, transforms the space into a private paradise. The fully fenced yard is great for relaxing or hosting gatherings, while the low-maintenance landscaping adds convenience. This home’s prime location offers walking access to local shops, restaurants, and entertainment, with the beach just a short stroll away. From the upstairs porch, enjoy a peek-a-boo view of the Gulf. For investors, this property has a proven rental history, generating $55,715.35 in income in 2023 and $57,233.00 by mid-2024, with future bookings already secured. With its flexible zoning, prime location, and established rental income, is a unique opportunity you don’t want to miss! Buyer to verify all information during Buyer to verif
Features & Amenities
Interior
- General:
- Vaulted Ceiling(s)
- Master Bedroom:
- Second
- Master Bath:
- Separate Shower
- Appliances:
- Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
- Laundry:
- Lower Level
- Flooring:
- Tile
- A/C:
- true, Central Electric (Cool), Central Gas (Cool)
- Heating:
- None
- Fireplace:
- Fireplaces: 0
Exterior
- Style:
- Raised Beach
- Pool:
- Indoor
- Parking:
- Single Carport, Single Garage, Parking spaces: 2
Construction
- Roofing:
- Metal
- General:
- Wood Siding, Wood Frame, Two
Location
- Golf:
- None
- Originating MLS:
- Baldwin County
- County:
- Baldwin
Lot
- Zoning:
- 6604201000093.000
- View:
- None/Not Applicable
Utilities
- Utilities:
- Cable Available, Gulf Shores Utilities, Total Electric, Baldwin EMC
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- Baldwin County
- Ownership:
- Whole/Full
This listing courtesy of:
Bellator Real Estate LLC Orang, Jay Stradley
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Gulf Shores, AL
Housing
- Number of Units
- 19,928
- Median Home Value
- $276,659
- Median Rent
- $918
26.37% of housing units are renter occupied.
53.81% are vacant.
Commute
- Car
-
80.86%
- Public Transportation
-
0.00%
- Walk to Work
-
0.00%
- Work from Home
-
18.63%
- Other
-
0.32%
The median travel time to work is 19 minutes.
People
- Population
- 19,039
- Median Age
- 51.90
- Median Household Size
- 2.28
Education
- High School
-
26.41%
- Associate’s Degree
-
8.76%
- Bachelor’s Degree
-
22.46%
- Graduate Degree
-
12.14%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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