351 E 2nd Avenue
Gulf Shores, AL, 36542 $ 705,000
Bedrooms4 Baths3.1 Sq 2,044 Monthly Estimate*
$ 4,451
for $705,000 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.
12.46% 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 12.46% 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 net rental income is approximately $87,849, 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.
See more
FeaturesGeneralUtilities Baldwin EMC Gulf Shores Utilities
View Indirect Gulf Across Road
Property Subtype Residential Detached
Waterfront Features Deeded Access
Community Features Water Access Deeded
County Baldwin
Property Type Residential
HOA false
Subdivision Name Mcphillips
Status Active
Directions From Hwy 59 heading South turn left on E 2nd Ave. Go approximately .4 miles and the home will be on the right.
High School Gulf Shores High
City Gulf Shores
MLS Area Baldwin
Elementary School Gulf Shores Elementary
Middle/Junior High School Gulf Shores Middle
Standard Status Active
Heating Electric
Cooling Heat Pump
Possession At Closing
Roof Metal
Appliances Microwave Dishwasher Electric Range Plumbed For Ice Maker Smoke Detector
Patio/Porch Features Porch Wrap Front Porch
Architectural Style Raised Beach
Year Built 1952
Full Baths 3
Stories Count 2
See more
InteriorAir Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Interior Amenities En Suite Internet
Flooring Tile Wood
Total Fireplaces 0
Half Baths 1
Total Bedrooms 4
Total Baths 4
See more
ExteriorLot Size Acres 0.143
Parking Features Single Carport
Exterior Amenities Storage
Fencing Partial
See more
* Excluded FeaturesList ByHeather W HarpListing Agent
Re/Max Of Orange BeachBroker
heather@harpsells.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,451
- Monthly Property Taxes
- --
- 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.
Learn more about how to save NearbySingle family listings in Gulf Shores, AL
Average List Price $892,666
Percent of Sale Price 27%
About Gulf Shores, AL 11,977 Population
81% Since 2002
$ 54,232 Median Income
43.13 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Gulf Shores High High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/3/2026 | $705,000 | | Listed Price |