1217 W Lagoon Avenue, Gulf Shores, AL 36542

$1,040,000
4
BD
3
BA
1,920
SqFt
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List Price
$1,040,000
MLS#
351915
Status
ACTIVE UNDER CONTRACT
Type
Single Family Residential
Year Built
2003
Acres
0.28
City
Gulf Shores
Subdivision
Carl T Martin
Bedrooms
4
Bathrooms
3
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251-948-4444

Property Description

UNIQUE investment opportunity! NO HOA!! Inground HEATED AND COOLED pool, Outdoor entertaining space; outdoor bar, tv, sink, etc. As of September 2023 this property has 89k in gross rental income. The newly added pool and hot tub has rental projections over $100k+. This renters paradise consists of FOUR bedrooms, THREE baths (two bedrooms having access to private bathroom), features an open floor plan , TWO south facing balconies that overlook the Gulf of Mexico, and views of Little Lagoon from the front of home. CLOSE walk or biking to restaurants, Waves (convenience store), the public beach access, ice cream and so much more! 2023 upgrades include inground heated and cooled pool and added 6 person hot tub. 2022 upgrades include, new HVAC system, water heater, and decking.

251-948-4444
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Additional Information

Style
Raised Beach
High School
Gulf Shores High
Living Area
1,920
Lot Description
Less than 1 acre
Floors
Vinyl
Heating
Electric, Central
Exterior Features
Outdoor Shower, Storage
Waterview Description
Indirect Gulf-Across Rd, Indirect Lagoon-Across Rd
Waterfront Type
Gulf Accs (Wlk <=1/4 Mi)
Waterfront Description
Gulf Accs (Wlk <=1/4 Mi)
Roof
Metal
Pool Description
In Ground
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Calculator source: Real Geeks

Listing courtesy of Elite By The Beach, LLC.

© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .