BEACH HOUSE - Under $640,000 - $70K+ INCOME! Steps away from the Beach! Location, lifestyle, and lucrative returns—this well-maintained 2-bedroom, 2-bath beach house on West 1st Avenue checks all the boxes! Just across the street from the Gulf with deeded beach access and within walking distance to The Hangout, restaurants, shopping, and entertainment, this property offers the perfect blend of convenience and investment potential.This fully furnished, turnkey rental produces over $70,000 annually in rental income—making it an exceptional income-generating opportunity.Features include:3 spacious bedrooms & 2 full bathroomsOpen floor plan filled with natural lightGranite countertops & stainless steel appliancesCovered front porch + outdoor entertaining areaOutdoor shower and utility/storage roomCovered parking underneath the houseHVAC system & water heater both under 5 years oldExterior painted in 2019Whether you're looking for a high-performing short-term rental, a personal beach escape, or both—this beachside beauty delivers. Enjoy the coastal lifestyle just steps from the sand and minutes from all the action. Buyer to verify all information Buyer to verify all information during due diligence.
Closed
$610,000
508 W 1st Ave, Gulf Shores, AL 36542
2beds
1,224sqft
Single Family Residence
Built in 1983
-- sqft lot
$615,300 Zestimate®
$498/sqft
$1,759 Estimated rent
Home value
$615,300
$585,000 - $652,000
$1,759/mo
Zestimate® history
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List your homeWhat's special
Deeded beach accessOutdoor entertaining areaOutdoor showerStainless steel appliancesGranite countertopsCovered front porch
Zillow last checked:
Listing updated:
Listed by:
Heather W Harp PHONE:251-533-6677,
RE/MAX of Orange Beach
Bought with:
Judah Castagne, 97996
Bellator Real Estate LLC Orange Beach
Source: Baldwin Realtors,MLS#: 382630
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Appliances
- Included: Dryer, Washer, Microwave, Dishwasher
Features
- Termite Contract
- Flooring: Tile, Carpet
- Has fireplace: No
- Fireplace features: No Fireplace
Interior area
- Total interior livable area: 1,224 sqft
Property
Parking
- Parking features: No Garage/Carport Parking
Features
- Stories: 1
- Patio & porch: Porch Open
- Has view: Yes
- View description: None/Not Applicable
- Waterfront features: No Waterfront
Lot
- Features: Less Than 1 Acre
Details
- Parcel number: 6604202000183.000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Raised Beach
- Property subtype: Single Family Residence
Materials
- Roof: Metal
Condition
- Year built: 1983
Utilities & green energy
- Utilities for property: Riviera Utilities, Gulf Shores Utilities
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: Gulf Shores
HOA
- Has HOA: No
Location
- Region: Gulf Shores
Financial & listing details
- Price per square foot: $498/sqft
- Tax assessed value: $469,400
- Annual tax amount: $2,832
- Date on market: 7/23/2025
- Ownership type: Whole Full
Price history
| Date | Event | Price |
|---|---|---|
| 11/28/2025 | Sold | $610,000-2.4%$498/sqft |
Source:  Baldwin Realtors #382630 Report a problem | ||
| 9/22/2025 | Pending sale | $625,000$511/sqft |
Source: Baldwin Realtors #382630 Report a problem | ||
| 8/13/2025 | Price change | $625,000-2.2%$511/sqft |
Source: Baldwin Realtors #382630 Report a problem | ||
| 7/23/2025 | Listed for sale | $639,000+1.6%$522/sqft |
Source: Baldwin Realtors #382630 Report a problem | ||
| 6/25/2025 | Listing removed | $629,000$514/sqft |
Source: Baldwin Realtors #366987 Report a problem | ||
| 5/29/2025 | Price change | $629,000-1.7%$514/sqft |
Source: Baldwin Realtors #366987 Report a problem | ||
| 2/12/2025 | Price change | $639,900-1.2%$523/sqft |
Source: Baldwin Realtors #366987 Report a problem | ||
| 8/25/2024 | Price change | $647,900+33.6%$529/sqft |
Source: Baldwin Realtors #366987 Report a problem | ||
| 7/26/2021 | Listed for sale | $484,9000%$396/sqft |
Source: Baldwin Realtors #315644 Report a problem | ||
| 7/23/2021 | Sold | $484,910+0%$396/sqft |
Source: Baldwin Realtors #315644 Report a problem | ||
| 6/19/2021 | Pending sale | $484,900$396/sqft |
Source: Baldwin Realtors #315644 Report a problem | ||
| 6/16/2021 | Listed for sale | $484,900$396/sqft |
Source: Baldwin Realtors #315644 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,832 +6.6% | $84,020 +7% |
| 2024 | $2,656 +10.5% | $78,540 +7.8% |
| 2023 | $2,404 | $72,840 +48.5% |
| 2022 | -- | $49,040 +12.8% |
| 2021 | $766 +3.2% | $43,480 +93.4% |
| 2020 | $742 +1.7% | $22,480 +1.7% |
| 2019 | $729 +11.3% | $22,100 +11.3% |
| 2018 | $655 +11.8% | $19,860 +11.8% |
| 2017 | $586 | $17,760 +7.1% |
| 2016 | $586 | $16,580 +4.5% |
| 2015 | -- | $15,860 -2.9% |
| 2014 | -- | $16,340 +16.4% |
| 2013 | -- | $14,040 +5.1% |
| 2011 | -- | $13,360 -60.8% |
| 2010 | -- | $34,120 -12.3% |
| 2009 | $1,284 -5.7% | $38,900 -5.7% |
| 2008 | $1,361 -9.9% | $41,240 -9.9% |
| 2007 | $1,510 | $45,760 |
| 2006 | $1,510 +114.4% | $45,760 +114.4% |
| 2005 | $704 -11.1% | $21,340 -11.1% |
| 2004 | $792 | $24,000 |
| 2003 | $792 +3.4% | $24,000 +3.4% |
| 2002 | $766 +1.5% | $23,200 |
| 2001 | $754 | $23,200 |
| 2000 | $754 | $23,200 |
Find assessor info on the county website
Neighborhood: 36542
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Nearby schools
GreatSchools rating
- 9/10Gulf Shores Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 10/10Gulf Shores Middle SchoolGrades: 6-8Distance: 1.8 mi
- 8/10Gulf Shores High SchoolGrades: 9-12Distance: 2 mi
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
$615,300
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$615,300
- Alabama
- Baldwin County
- Gulf Shores
- 36542
- 508 W 1st Ave
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