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Closed
    • $710,000

    116 W 5th Ave #A, Gulf Shores, AL 36542

    5beds
    3,700sqft
    Duplex, Residential
    Built in 2006
    -- sqft lot
    $1,470,500 Zestimate®
    $192/sqft
    $5,876 Estimated rent

    Home value

    $1,470,500

    $1.40M - $1.54M

    $5,876/mo

    Zestimate® history
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    What's special

    Experience the epitome of luxury living in this expansive 3,700SF waterfront home nestled in an area designated for full-time residence, ensuring tranquility and exclusivity, allowing 6+ month rentals only. This property is conveniently located on a serene, dead-end strip (practically an island on the island with almost no traffic) just a short, 3-min walk or boat ride from the beach/heart of Gulf Shores; enjoy access directly from your boat dock to Little Lagoon and even to the Gulf of Mexico. This spectacular, 5BED/5.5BA property is undoubtedly a treasure loaded with many wonderful features including no HOA Fees, an elevator, a private pool & boat dock, new roof in 2021, 4 covered balconies w/ beautiful canal views, all kitchen appliances (& kitchenette), 2 fireplaces, stunning light fixtures, ample storage space, beautiful LVP flooring throughout, oversized 2-car garage (could potentially fit more), and much more! This property has also seen some meticulous landscaping/exterior updates in 2022 including new stair railing and paint job (new petrified wood/statues are negotiable). The kitchen, dining/living space, first en-suite bedroom w/ 2 walk-in closets, and access to 2 covered balconies (north and south facing) make up the main floor; the rear balcony has access down to the fenced-in pool yard/seating area and boat dock w/ outdoor shower! The second floor holds two sizeable, en-suite bedrooms (one w/ access to covered balcony) and the laundry room. The top floor is entirely made up of the primary suite along with the last bedroom. Admire the massive primary bedroom w/ 3 walk-in closets and access to 4th covered balcony. Down the hall, the remainder of the floor holds a kitchenette, the last bedroom w/ fireplace, and beautiful primary bath. Don't miss out on this spacious hidden gem. Motto Mortgage Gulf Coast offering a free appraisal credit at closing!

    Zillow last checked:

    Listing updated:

    Listed by:

    The Kevin Corcoran Team 251-968-1000,

    RE/MAX of Gulf Shores,

    Kyra Barmettler 251-233-7304,

    RE/MAX of Gulf Shores

    Bought with:

    Coleman Grau

    RE/MAX Paradise

    Source: Baldwin Realtors,MLS#: 357056MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    • Main level bedrooms: 1
    Rooms
    • Room types: Living/Dining
    Primary bedroom
    • Features: Multiple Walk in Closets, Walk-In Closet(s), Balcony/Patio
    • Level: Third
    • Area: 287.5
    • Dimensions: 12.5 x 23
    Bedroom 2
    • Level: Main
    • Area: 204
    • Dimensions: 12 x 17
    Bedroom 3
    • Level: Second
    • Area: 130.5
    • Dimensions: 14.5 x 9
    Bedroom 4
    • Level: Second
    • Area: 202.5
    • Dimensions: 13.5 x 15
    Bedroom 5
    • Level: Third
    • Area: 180
    • Dimensions: 12 x 15
    Primary bathroom
    • Features: Soaking Tub, Separate Shower
    Kitchen
    • Level: Main
    • Area: 97.75
    • Dimensions: 8.5 x 11.5
    Heating
    • Electric
    Appliances
    • Included: Dishwasher, Microwave, Electric Range, Refrigerator w/Ice Maker, Wine Cooler, Cooktop
    • Laundry: Level 2
    Features
    • Ceiling Fan(s), Elevator, En-Suite, High Ceilings, Storage
    • Flooring: Vinyl
    • Has basement: No
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 3,700
    • Total interior livable area: 3,700 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage
    • Has attached garage: Yes
    • Covered spaces: 2
    Features
    • Levels: Three Or More
    • Patio & porch: Covered, Patio
    • Has private pool: Yes
    • Pool features: In Ground
    • Fencing: Fenced
    • Has view: Yes
    • View description: Other, Canal
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Front, Other-See Remarks, Waterfront
    • Body of water: Canal to Little Lagoon
    Lot
    • Size: 8,851 Square Feet
    • Dimensions: 75 x 118
    • Features: Few Trees
    Details
    • Parcel number: 6604201000042.000903

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Residential
    • Attached to another structure: Yes
    Materials
    • Concrete
    • Foundation: Pillar/Post/Pier, Slab
    • Roof: Metal
    Condition
    • Resale
    • New construction: No
    • Year built: 2006

    Utilities & green energy

    • Electric: Baldwin EMC
    • Utilities for property: Gulf Shores Utilities

    Community & HOA

    Community
    • Features: None
    • Subdivision: Twelve Palms
    HOA
    • Has HOA: Yes
    • Services included: Other-See Remarks
    Location
    • Region: Gulf Shores

    Financial & listing details

    • Price per square foot: $192/sqft
    • Tax assessed value: $746,400
    • Annual tax amount: $2,179
    • Price range: $710K - $710K
    • Date on market: 1/31/2024
    • Ownership: Whole/Full

    Price history

    DateEventPrice
    5/27/2026Price change$1,558,000-6.7%$421/sqft
    Source: Baldwin Realtors #397118 Report a problem
    5/13/2026Price change$1,669,000-0.8%$451/sqft
    Source: Baldwin Realtors #394987 Report a problem
    4/12/2026Listed for sale$1,683,000+137%$455/sqft
    Source: Baldwin Realtors #394987 Report a problem
    5/31/2024Sold$710,000-2.1%$192/sqft
    Source: Baldwin Realtors #357056 Report a problem
    5/16/2024Pending sale$724,900$196/sqft
    Source: RE/Max of Alabama #357056 Report a problem
    4/22/2024Price change$724,900-3.3%$196/sqft
    Source: Baldwin Realtors #357056 Report a problem
    3/19/2024Price change$749,900-1.8%$203/sqft
    Source: Baldwin Realtors #357056 Report a problem
    3/8/2024Price change$764,000-1.3%$206/sqft
    Source: Baldwin Realtors #357056 Report a problem
    2/21/2024Price change$773,900-3.1%$209/sqft
    Source: Baldwin Realtors #357056 Report a problem
    1/31/2024Listed for sale$799,000+21.1%$216/sqft
    Source: Baldwin Realtors #357056 Report a problem
    3/4/2022Sold$660,000-4.2%$178/sqft
    Source: PAR #602819 Report a problem
    2/9/2022Pending sale$689,000$186/sqft
    Source: Baldwin Realtors #325273 Report a problem
    2/7/2022Listed for sale$689,000$186/sqft
    Source: Baldwin Realtors #325273 Report a problem
    2/4/2022Pending sale$689,000$186/sqft
    Source: Baldwin Realtors #325273 Report a problem
    1/24/2022Listed for sale$689,000-1.6%$186/sqft
    Source: Baldwin Realtors #325273 Report a problem
    9/14/2021Listing removed--
    Source: Baldwin Realtors #311249 Report a problem
    6/29/2021Price change$699,900-2.7%$189/sqft
    Source: Baldwin Realtors #311249 Report a problem
    6/11/2021Price change$719,500-2.7%$194/sqft
    Source: Baldwin Realtors #311249 Report a problem
    4/2/2021Listed for sale$739,500+1660.7%$200/sqft
    Source: Baldwin Realtors #311249 Report a problem
    8/16/2018Sold$42,000-90.2%$11/sqft
    Source: Public Record Report a problem
    4/15/2018Price change$429,000-2.3%$116/sqft
    Source: RE/MAX of Gulf Shores #266866 Report a problem
    4/9/2018Listed for sale$439,000+11.1%$119/sqft
    Source: RE/MAX of Gulf Shores #266866 Report a problem
    7/11/2016Sold$395,000+424.6%$107/sqft
    Source: Public Record Report a problem
    9/5/2008Sold$75,300$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,463 +5.2%$74,640 +5.2%
    2024$2,340 +7.4%$70,920 +7.4%
    2023$2,180 $66,060 +7.3%
    2022-- $61,580 +32%
    2021$1,155 -25%$46,660
    2020$1,540 +13.9%$46,660 +13.9%
    2019$1,352 +28.6%$40,960 +1.4%
    2018$1,051 -17.6%$40,380 +4.4%
    2017$1,276 $38,660 -41.7%
    2016$1,276 -43.2%$66,340
    2015$2,247 --
    Find assessor info on the county website

    Neighborhood: 36542

    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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    Estimated market value
    $1,470,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,470,500

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