515 W 1st Avenue Gulf Shores, AL $ 725,000
515 W 1st Avenue
$ 725,000
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515 W 1st Avenue

Gulf Shores, AL, 36542
$ 725,000
Bedrooms4 Baths2.2 Sq 1,920

Monthly Estimate*

$ 4,464

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Multi-Family Home for sale in Gulf Shores, AL

for $725,000 with 4 bedrooms and 2 full baths, 2 half baths. This 1,920 square foot home was built in 1994 on a lot size of 0.138.

Welcome to a dream opportunity just steps away from the stunning Gulf Shores beaches! This exceptional duplex offers not one, but two charming living spaces, each featuring 2 bedrooms and 1.5 bathrooms. Whether you're seeking a coastal getaway or a savvy income generator, this property has it all. Situated just one street away from the pristine Gulf Shores beaches, you'll enjoy the luxury of coastal living at its finest. Picture waking up to the sound of waves crashing and salty sea breezes on your doorstep. Duplex Layout: This property is divided into two identical, mirror-image units, each with 2 spacious bedrooms and 1.5 well-appointed bathrooms. Just the space for accommodating family, friends, or renters. Income Potential: With a duplex configuration, you have the option to live in one unit while renting out the other. Imagine generating a steady stream of rental income to offset your living expenses or as a lucrative investment. Coastal Living: The duplex features ample windows that flood each unit with natural light and showcase the Gulf Coast's beauty. Step outside onto your balcony to savor the salty sea air and breathtaking sunsets on each level of each duplex. Both units come equipped with appliances, including a fully-equipped kitchen, in-unit laundry facilities, and comfortable living spaces for relaxed beachside living. Off-street parking spaces ensure hassle-free access for both residents and guests.Whether you're looking for a permanent residence, a vacation getaway, or an income-generating property, this Gulf Shores duplex is your ticket to coastal paradise. Don't miss out on this fantastic opportunity to own a slice of Gulf Shores beachside living. Buyer/Buyers agent to verify all information deemed important. Buyer to verify all information during due diligence.

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Multi-Family Contingent

Price

$ 725,000

Bedrooms

4

Full Bath

2

Half Bath

2

Property Type

Multi-Family

Taxes

$ 4,330

Style

Lot Size

0.138

Year Built

1994

Town/City

Gulf Shores

County/Region

Baldwin

MLS | Web ID

391401

List By
Kimberly Samry

Listing Agent

Elite Real Estate Solutions, Llc

Broker

kimberlysamry@gmail.com

Email

Affordability Calculator

$4,825
Per Month
93%
7%
0%
Monthly Principal & Interest
$4,464
Monthly Property Taxes
$361
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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 School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2026$725,000 Listed Price

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515 W 1st Avenue, Gulf Shores, AL, 36542 is a Multi-Family Home for sale at $725,000 with 1,920 sqft and a lot size of 0.138. 515 W 1st Avenue has 4 bedrooms, 2.2 baths, and was built in 1994. The property's zip code is 36542 which is in Gulf Shores, AL