$775,000
$799,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
2,360 SqFt
SOLD DATE : 06/27/2025
Key Details
Sold Price $775,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,360 sqft
Price per Sqft $328
Subdivision Carl T Martin
MLS Listing ID 375333
Style Raised Beach
Bedrooms 6
Full Baths 4
Year Built 1998
Annual Tax Amount $4,945
Lot Size 0.287 Acres
Property Sub-Type Duplex
Property Description
LOOKING FOR A RENTAL MACHINE? This turn-key furnished duplex on W Lagoon Ave is the ultimate investment opportunity and vacation retreat in the heart of Gulf Shores. Featuring 6 bedrooms and 4 full bathrooms, this rare gem is the ONLY duplex in the area priced under $1 million! Each unit offers 3 bedrooms, 2 bathrooms, and approximately 1,100 sq. ft. (over 2,200 total), comfortably sleeping 16-18 guests—perfect for large groups and families. Ideally located within walking distance to beach access off 12th Street, this property offers the best of Gulf Shores' coastal lifestyle. Spend your days lounging by your fenced private pool, playing a game on your volleyball court, or relaxing on your expansive deck, perfect for entertaining or soaking up the sun. Enjoy the convenience of covered parking and an elevated design that enhances Gulf breezes. Beyond the property, Gulf Shores is an outdoor lover's paradise. Whether you're an angler, boater, or nature enthusiast, this area has it all. Fish from the Gulf State Park Pier, launch a boat into Little Lagoon, or explore miles of scenic trails at Gulf State Park. Kayak through Bon Secour National Wildlife Refuge, embark on a dolphin cruise, or enjoy world-class golf at nearby courses. With award-winning restaurants, lively entertainment, and sugar-white sand beaches, Gulf Shores is a top-tier vacation destination. This proven income producer boasts rental projections of $85,000 annually, with a rental history of $117,000 in 2021 and $99,806 in 2022. Recent updates, including a new roof (2019), HVAC (2018), and water heater (2022), ensure long-term value and efficiency. This rare investment opportunity won't last—make it yours today! Buyer to verify all information during due diligence.
Location
State AL
County Baldwin
Area Gulf Shores 1
Interior
Heating Electric
Flooring Vinyl
Exterior
Parking Features Golf Cart Garage, Three or More Vehicles
Pool Above Ground
Utilities Available Gulf Shores Utilities
Waterfront Description Beach Accs (<=1/4 Mi)
View Y/N Yes
View Indirect Gulf-Across Rd, Indirect Lagoon-Across Rd
Roof Type Metal
Building
Story 1
Foundation Pilings
New Construction No
Schools
Elementary Schools Gulf Shores Elementary
Middle Schools Gulf Shores Middle
High Schools Gulf Shores
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Bought with Waters Edge Realty