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Pending
  • $279,000

    115 E 21st Ave, Gulf Shores, AL 36542

    3beds
    1,076sqft
    : 
    $1,634/mo
    Get pre-qualified
    Single Family Residence
    Built in 1950
    0.26 Acres Lot
    $-- Zestimate®
    $259/sqft
    $-- HOA

    What's special

    Rare investment opportunity in the heart of Gulf Shores! Located at 115 E 21st Avenue, this property offers tremendous potential for investors, builders, and buyers looking for a renovation project in one of the fastest-growing areas along Alabama’s Gulf Coast.The existing home is a true fixer-upper and is being offered as-is, presenting an excellent opportunity for a complete renovation, rental investment, or redevelopment project. What truly sets this property apart is its highly desirable R-4 zoning, a high-density residential classification intended for multi-family development. Gulf Shores’ R-4 district is designed to accommodate higher-density residential uses, creating exceptional redevelopment potential for investors seeking to maximize the property’s value. Buyer to verify all permitted uses, density requirements, and development regulations with the City of Gulf Shores.  Positioned just minutes from Gulf Shores’ beautiful white-sand beaches, public beach access, restaurants, shopping, entertainment, schools, and the rapidly growing Waterway Village district, this location continues to benefit from strong demand for both long-term and short-term housing opportunities. The property’s central location provides convenient access to Highway 59, Gulf State Park, local marinas, and all that Gulf Shores has to offer.Whether you’re looking to restore the existing structure, add to your investment portfolio, or explore redevelopment possibilities, opportunities like this are becoming increasingly difficult to find in Gulf Shores. Bring your vision and unlock the full potential of this prime in-town property.Property sold as-is. Buyer to verify all information, zoning, dimensions, and development possibilities during due diligence. Buyer to verify all information during due diligence.
    39 days
    |
    46
    |
    0
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Antoni L Figueiredo 251-223-3904,

    Real Broker, LLC

    Source: Baldwin Realtors,MLS#: 398441MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Electric
      Appliances
      • Included: Dryer, Washer, Microwave
      Features
      • Ceiling Fan(s)
      • Flooring: Tile
      • Number of fireplaces: 1
      • Fireplace features: No Fireplace
      Interior area
      • Total interior livable area: 1,076 sqft

      Property

      Parking
      • Parking features: Other/See Remarks
      Features
      • Stories: 1
      • Has view: Yes
      • View description: None/Not Applicable
      • Waterfront features: No Waterfront
      Lot
      • Size: 0.26 Acres
      • Features: Less Than 1 Acre
      Details
      • Parcel number: 6603084000026.000
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cottage
      • Property subtype: Single Family Residence
      Materials
      • Roof: Composition Shingle
      Condition
      • Year built: 1950

      Utilities & green energy

      • Utilities for property: Baldwin EMC

      Community & HOA

      Community
      • Features: None
      • Subdivision: Gulf Pines
      HOA
      • Has HOA: No
      Location
      • Region: Gulf Shores

      Financial & listing details

      • Price per square foot: $259/sqft
      • Tax assessed value: $238,300
      • Annual tax amount: $1,562
      • Date on market: 6/24/2026
      • Ownership type: Whole Full

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/27/2026Pending sale$279,000$259/sqft
        Source: Baldwin Realtors #398441 Report a problem
        6/24/2026Listed for sale$279,000$259/sqft
        Source: Baldwin Realtors #398441 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,562 +2.4%$47,320 +7%
        2024$1,525 +11.9%$44,240 +7.2%
        2023$1,362 $41,280 +30.9%
        2022-- $31,540 +9.3%
        2021$952 +2.9%$28,860 +2.9%
        2020$926 +7.8%$28,060 +7.8%
        2019$859 +17.6%$26,020 +17.6%
        2018$730 +2.3%$22,120 +2.3%
        2017$713 $21,620 +137.6%
        2016$713 $9,100 -42.9%
        2015-- $15,940 +154.6%
        2014-- $6,260
        2013-- $6,260 +13%
        2011-- $5,540 -2.8%
        2010-- $5,700 -10.4%
        2009$210 -56.9%$6,360 -56.9%
        2008$487 +0.3%$14,760 +0.3%
        2007$486 +5.3%$14,720 +5.3%
        2006$461 +7%$13,980 +7%
        2005$431 +5%$13,060 +5%
        2004$411 $12,440
        2003$411 +4.9%$12,440 +4.9%
        2002$391 +1.5%$11,860
        2001$385 $11,860
        2000$385 $11,860
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 36542

        Getting around

        63 / 100
        Somewhat Walkable
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Gulf Shores Elementary
        • Middle: Gulf Shores Middle
        • High: Gulf Shores High

        Source: Baldwin Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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