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  • Price cut: $6K (7/10)
    $699,000

    351 E 2nd Ave, Gulf Shores, AL 36542

    4beds
    2,044sqft
    : 
    $4,047/mo
    Get pre-qualified
    Single Family Residence
    Built in 1952
    6,229 Square Feet Lot
    $-- Zestimate®
    $342/sqft
    $-- HOA

    What's special

    Fully furnishedDeeded beach accessFully renovated turn-key propertyCoastal views and breezes
    10.17% 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 10.17% 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 gross rental income is approximately $76,391.99, with a projected net operating income of $71,671.31, 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.
    112 days
    |
    642
    |
    51
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Heather W Harp PHONE:251-533-6677,

    RE/MAX of Orange Beach

    Source: Baldwin Realtors,MLS#: 390598MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Heating
      • Electric
      Cooling
      • Heat Pump
      Appliances
      • Included: Microwave, Dishwasher
      Features
      • En Suite, Internet
      • Flooring: Tile, Wood
      • Has fireplace: No
      Interior area
      • Total interior livable area: 2,044 sqft

      Property

      Parking
      • Parking features: Single Carport
      Features
      • Stories: 2
      • Patio & porch: Porch Wrap, Front Porch
      • Exterior features: Storage
      • Fencing: Partial
      • Has view: Yes
      • View description: Indirect Gulf Across Road
      • Waterfront features: Deeded Access
      Lot
      • Size: 6,229 Square Feet
      Details
      • Parcel number: 6605212000030.000
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Raised Beach
      • Property subtype: Single Family Residence
      Materials
      • Roof: Metal
      Condition
      • Year built: 1952

      Utilities & green energy

      • Utilities for property: Baldwin EMC, Gulf Shores Utilities

      Community & HOA

      Community
      • Features: Water Access Deeded
      • Security: Smoke Detector(s)
      • Subdivision: Mcphillips
      HOA
      • Has HOA: No
      Location
      • Region: Gulf Shores

      Financial & listing details

      • Price per square foot: $342/sqft
      • Tax assessed value: $754,800
      • Annual tax amount: $4,689
      • Date on market: 1/21/2026
      • Ownership type: Whole Full

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/10/2026Price change$699,000-0.9%$342/sqft
        Source: PAR #676515 Report a problem
        6/23/2026Price change$705,000-3.4%$345/sqft
        Source: Baldwin Realtors #390598 Report a problem
        6/6/2026Listed for sale$730,000$357/sqft
        Source: Baldwin Realtors #390598 Report a problem
        6/4/2026Pending sale$730,000$357/sqft
        Source: Baldwin Realtors #390598 Report a problem
        5/27/2026Price change$730,000-3.8%$357/sqft
        Source: Baldwin Realtors #390598 Report a problem
        4/18/2026Price change$759,000-2.7%$371/sqft
        Source: Baldwin Realtors #390598 Report a problem
        1/21/2026Listed for sale$780,000-2.1%$382/sqft
        Source: Baldwin Realtors #390598 Report a problem
        1/1/2026Listing removed$797,000$390/sqft
        Source: Baldwin Realtors #379796 Report a problem
        9/30/2025Price change$797,000-5.7%$390/sqft
        Source: Baldwin Realtors #379796 Report a problem
        9/10/2025Price change$845,000-1.7%$413/sqft
        Source: Baldwin Realtors #379796 Report a problem
        8/21/2025Price change$860,000-1.1%$421/sqft
        Source: Baldwin Realtors #379796 Report a problem
        5/27/2025Listed for sale$870,000+2.4%$426/sqft
        Source: Baldwin Realtors #379796 Report a problem
        5/25/2025Listing removed$850,000$416/sqft
        Source: GALMLS #21405625 Report a problem
        12/30/2024Listed for sale$850,000+7.6%$416/sqft
        Source: GALMLS #21405625 Report a problem
        7/8/2022Sold$790,000-1.3%$386/sqft
        Source: Baldwin Realtors #329352 Report a problem
        6/16/2022Pending sale$800,000$391/sqft
        Source: Baldwin Realtors #329352 Report a problem
        5/12/2022Listed for sale$800,000$391/sqft
        Source: Baldwin Realtors #329352 Report a problem
        4/22/2022Pending sale$800,000$391/sqft
        Source: Baldwin Realtors #329352 Report a problem
        4/20/2022Listed for sale$800,000+33.4%$391/sqft
        Source: Baldwin Realtors #329352 Report a problem
        12/3/2021Sold$599,900$293/sqft
        Source: Baldwin Realtors #320474 Report a problem
        9/29/2021Pending sale$599,900$293/sqft
        Source: Baldwin Realtors #320474 Report a problem
        9/23/2021Listed for sale$599,9000%$293/sqft
        Source: Baldwin Realtors #320474 Report a problem
        8/2/2021Listing removed--
        Source: Baldwin Realtors #315647 Report a problem
        7/24/2021Price change$599,999-7.7%$294/sqft
        Source: Baldwin Realtors #315647 Report a problem
        7/19/2021Price change$649,990-2.8%$318/sqft
        Source: Baldwin Realtors #315647 Report a problem
        7/15/2021Price change$669,000-3.7%$327/sqft
        Source: Baldwin Realtors #315647 Report a problem
        6/28/2021Listed for sale$694,900$340/sqft
        Source: Baldwin Realtors #315647 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,689 +7%$142,100 +7%
        2024$4,383 +3.6%$132,820 +3.6%
        2023$4,233 $128,260 +255.7%
        2022-- $36,060 +41%
        2021$786 $25,580 -12.9%
        2020-- $29,360 +6.7%
        2019$863 +9.9%$27,520 +9.4%
        2018$785 +5.1%$25,160 +4.8%
        2017$747 $24,000 +14.3%
        2016$747 $21,000 +1.8%
        2015-- $20,620 -5.8%
        2014-- $21,880 +14.8%
        2013-- $19,060 +9.3%
        2011-- $17,440 -10.3%
        2010-- $19,440 -13.4%
        2009$696 -30.6%$22,460 -29.2%
        2008$1,002 +15.1%$31,740 +14.3%
        2007$871 +71.4%$27,760 +65.6%
        2006$508 -9.7%$16,760 -9%
        2005$563 -41.6%$18,420 -37%
        2004$964 $29,220
        2003$964 +26.2%$29,220 +26.2%
        2002$764 +1.5%$23,160
        2001$753 $23,160
        2000$753 $23,160
        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

        35 / 100
        Car-Dependent
        47 / 100
        Somewhat 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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