Address
351 E 2nd Avenue, Gulf Shores, AL
Price
$ 705,000
Property Attributes
- MLS#400265
- TypeSingle Family
- Listing Status Active
- MunicipalityGulfShores,BaldwinCounty
- CountyBaldwin
- CityGulf Shores
- NeighborhoodMcphillips
- Zip36542
- StyleRaised Beach
- Year Built1952
- Price$ 705,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage2044
- Lot Size0.143 Acres
Data Source:
Baldwin County MLS (BCAR)
Property Description
12.46% 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 12.46% 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 net rental income is approximately $87,849, 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Gulf Shores Elementary Elementary School | Gulf Shores Middle Middle School | Gulf Shores High High School |
| Price History | |
|---|---|
| 8/3/2026 | Listed $705,000 |
General Features
| Utilities | Baldwin EMC,Gulf Shores Utilities |
|---|---|
| View | Indirect Gulf Across Road |
| Property Subtype | Residential Detached |
| Waterfront Features | Deeded Access |
| Community Features | Water Access Deeded |
| County | Baldwin |
| Property Type | Residential |
| HOA | false |
| Subdivision Name | Mcphillips |
| Status | Active |
| Directions | From Hwy 59 heading South, turn left on E 2nd Ave. Go approximately .4 miles and the home will be on the right. |
| High School | Gulf Shores High |
| City | Gulf Shores |
| MLS Area | Baldwin |
| Elementary School | Gulf Shores Elementary |
| Middle/Junior High School | Gulf Shores Middle |
| Standard Status | Active |
| Heating | Electric |
| Cooling | Heat Pump |
| Possession | At Closing |
| Roof | Metal |
| Appliances | Microwave,Dishwasher,Electric Range,Plumbed For Ice Maker,Smoke Detector |
| Patio/Porch Features | Porch Wrap,Front Porch |
| Architectural Style | Raised Beach |
| Year Built | 1952 |
| Full Baths | 3 |
| Stories Count | 2 |
Interior Features
| Air Conditioning Y/N | true |
|---|---|
| Heating Y/N | true |
| Fireplace Y/N | false |
| Interior Amenities | En Suite,Internet |
| Flooring | Tile,Wood |
| Half Baths | 1 |
| Total Bedrooms | 4 |
| LivingAreaSource | Tax Records |
| Total Baths | 4 |
Exterior Features
| Lot Size Acres | 0.143 |
|---|---|
| Parking Features | Single Carport |
| Exterior Amenities | Storage |
| Fencing | Partial |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 36542
Price
Year Built
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