200 W 1st Avenue, Gulf Shores Alabama 36542 (unit 2), MLS #: 279581 $799,000

Listing Office: Swiger & Company
  • 6 Beds
  • 6 Bath
  • 4,224 SqFt
  • $189.16 / SqFt
  • HOA: N/a

Description of 200 West 1st Avenue Unit 2, Gulf Shores, Alabama, 36542 -

6 BEDROOMS, 6 BATHS of WOW! Over 4200 square feet of absolute RENTAL MACHINE! This REVENUE GOLDEN EGG producer is located just a block from the Gulf of Mexico and has an amazing panoramic view of the Gulf and Gulf Place. This amazing building rents like a duplex with a full 3 bedroom, 3 bath separate living area on each level with mirror image den, kitchen, and dining floorplan...over 2100 sqft on each level (top and bottom). Huge 50 X 197' lot covers the entire corner. 2 levels of revenue-- Top floor produced $59,000 in 2018. Bottom floor was not rented in 2018. Year to date rental top floor $16,000 Year to date bottom floor $22,000 Projected Revenue- Gross $65,000 each level = $130,000. Guaranteed beach access is just steps away and restaurants, festivals, shopping, and all of the Gulf Place attractions are just a short walk down the street. Sold completely furnished with tons of parking and lots of room for guests....bring the big family reunions, weddings, and large parties! Call today for your private showing. Buy now and reap the benefits of the peak rental season!

Essential Information

  • MLS® #279581
  • Price$799,000
  • Bedrooms6
  • Bathrooms6.00
  • Full Baths6
  • Square Footage4,224
  • Acres0.00
  • Year Built2004
  • Age11-15
  • TypeSingle Family
  • StyleRaised Beach
  • StatusActive

Community Information

Utilities

Baldwin EMC, Gulf Shores Utilities

Interior Features

Ceiling Fan(s), Covered Patio, En-Suite, Open Porch, Storage-Out, Bunk Alcove, Cable, Internet, Wet Bar

Exterior

School Information

  • ElementaryGulf Shores Elementary
  • MiddleGulf Shores Middle
  • HighGulf Shores

Listing Details

Sub-Type

Residential Detached, Four or More Bedroom

Amenities

Interior

  • InteriorCarpet, Wood
  • CoolingCentral Electric
  • # of Stories2
  • StoriesTwo

Appliances

Dishwasher, Disposal, Dryer, Range-Electric, Washer, Refrigerator w/Ice Maker

Lot Description

50 x 197, Less than 1 acre, Level, Corner Lot

Additional Information

Property Location for 200 West 1st Avenue Unit 2, Gulf Shores, Alabama, 36542 -

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200 W 1st Avenue, Gulf Shores, Alabama (unit 2) Baldwin MLS® # 279581 recap:

This property has 6 bedrooms and 6 bathrooms, 4,224 square feet, and $799,000 is the listing price.
This property has Beach Accs (Wlk <=1/4 Mi) waterfront and None boat facilities.

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The data relating to real estate for sale on this website comes from the Baldwin County Association Of REALTORS®. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on May 19th, 2019 at 8:15pm CDT.