494 E 1st Avenue Gulf Shores, AL ^$ 725,000

494 E 1st Avenue

^$ 725,000

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494 E 1st Avenue

Gulf Shores, AL, 36542

^$ 725,000

Bedrooms4 Baths2.0 Sq 1,500

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. This 1,500 square foot home was built in 1980 on a lot size of 0.118.

Duplex one block to the beach access! 4 bedrooms/2 baths with lots of deck space.Fully updated and furnished rent ready. Walk to all things great about World Famous Gulf Shores Alabama. Covered parking for 4 vehicles,plus extra 4 spaces make it easy to enjoy for large groups. Short term rentals make the earning potential limitless. Come buy now! Check out the video tours for virtual walk through on your screen today! Buyer to verify all information during due diligence.

Multi-Family Active

Price

^$ 725,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 3,021

Style

Lot Size

0.118

Year Built

1980

Town/City

Gulf Shores

County/Region

Baldwin

MLS | Web ID

392805

List By

Bart Cox

Listing Agent

Shark Realty

Broker

bartcox2000@aol.com

Affordability Calculator

$4,716

Per Month

Monthly Principal & Interest: $4,464
Monthly Property Taxes: $252
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Gulf Shores, AL

Average List Price ^$1,194,022

Percent of Sale Price 65%

About Gulf Shores, AL

11,977 Population

81% Since 2002

^$54,232 Median Income

43.13 Median Age

18% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

0 Elementary School

0 Middle School

Gulf Shores High School High School

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Pricing History

Date	Price	Price Change	Description
3/4/2026	$725,000		Listed Price

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494 E 1st Avenue, Gulf Shores, AL, 36542 is a Multi-Family Home for sale at $725,000 with 1,500 sqft and a lot size of 0.118. 494 E 1st Avenue has 4 bedrooms, 2.0 baths, and was built in 1980. The property's zip code is 36542 which is in Gulf Shores, AL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Baldwin County Baldwin County Association of REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Baldwin County Association of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

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.

Data is updated as of 3/26/2026.

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494 E 1st Avenue

Multi-Family Home for sale in Gulf Shores, AL

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