Location
Agent Comments
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.
Amenities
- Dishwasher
- Microwave
- Electric Range
- Refrigerator w/Ice Maker
Interior Features
- Cool System: Heat Pump, Ceiling Fan(s)
- Heat System: Electric
- Floors: Tile, Wood
- Fireplaces: 0
- Master Bath: Tub/Shower Combo, Single Vanity
- Interior: En-Suite, Internet
Exterior Features
- Parking: Single Carport
- Siding: Vinyl Siding, Wood Frame
- Roof: Metal
- Exterior: Storage
- Foundation: Pilings
- View: Indirect Gulf-Across Rd
- Utilities: Gulf Shores Utilities
- Lot Features: 1-3 acres
- Architectural Style: Raised Beach
Additional Features
- County: Baldwin County
- Property Type: Raised Beach
- Tax Number: 6605212000030
- Waterfront Features: Deeded Access
- Year Built: 1952