Residential

351 2nd Avenue, Gulf Shores

$699,000

Bedroom 4 bedrooms
Full Bathroom 3 full baths
Half Baths 1 half baths

  • MLS #: 390598
  • Property Type: Residential
  • Address: 351 2nd Avenue, Gulf Shores, AL 36561-
  • County: Baldwin County
  • Subdivision: Mcphillips
  • SQFT: 2044
  • Acres: 0.143
  • Year Built: 1952
  • Date Listed: 6/6/2026

Location Location

Agent Comments 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 Amenities
  • Dishwasher
  • Microwave
  • Electric Range
  • Refrigerator w/Ice Maker

Interior Features 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 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 Additional Features
  • County: Baldwin County
  • Property Type: Raised Beach
  • Tax Number: 6605212000030
  • Waterfront Features: Deeded Access
  • Year Built: 1952