351 E 2nd Avenue Gulf Shores, AL $ 699,000
351 E 2nd Avenue
$ 699,000
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351 E 2nd Avenue

Gulf Shores, AL, 36542
$ 699,000
Bedrooms4 Baths3.1 Sq 2,044

Monthly Estimate*

$ 4,414

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Single Family Home for sale in Gulf Shores, AL

for $699,000 with 4 bedrooms and 3 full baths, 1 half bath. This 2,044 square foot home was built in 1952 on a lot size of 0.143.

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.

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Single Family Active

Price

$ 699,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 4,383

Style

Lot Size

0.143

Year Built

1952

Town/City

Gulf Shores

County/Region

Baldwin

MLS | Web ID

390598

List By
Heather Harp

Listing Agent

Re/Max Of Orange Beach

Broker

heather@harpsells.com

Email

Affordability Calculator

$4,779
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,414
Monthly Property Taxes
$365
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Gulf Shores High High School High School
Pricing History
DatePricePrice ChangeDescription
7/10/2026$699,000 -0.85% Price Down
6/23/2026$705,000 -3.42% Price Down
5/27/2026$730,000 -3.82% Price Down
4/18/2026$759,000 -2.69% Price Down
1/21/2026$780,000 Listed Price

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351 E 2nd Avenue, Gulf Shores, AL, 36542 is a Single Family Home for sale at $699,000 with 2,044 sqft and a lot size of 0.143. 351 E 2nd Avenue has 4 bedrooms, 3.1 baths, and was built in 1952. The property's zip code is 36542 which is in Gulf Shores, AL