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  • $665,000

    515 W 1st Ave, Gulf Shores, AL 36542

    4beds
    1,920sqft
    Duplex, Multi Family
    Built in 1994
    -- sqft lot
    $682,500 Zestimate®
    $346/sqft
    $2,296 Estimated rent

    Home value

    $682,500

    $648,000 - $717,000

    $2,296/mo

    Zestimate® history
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    $2,296/mo

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    $2,296/mo

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    $3,011/mo

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    $3,011/mo

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    What's special

    Fully-equipped kitchenTwo charming living spacesIn-unit laundry facilities
    Welcome to a dream opportunity just steps away from the stunning Gulf Shores beaches! This exceptional duplex offers not one, but two charming living spaces, each featuring 2 bedrooms and 1.5 bathrooms. Whether you're seeking a coastal getaway or a savvy income generator, this property has it all. Situated just one street away from the pristine Gulf Shores beaches, you'll enjoy the luxury of coastal living at its finest. Picture waking up to the sound of waves crashing and salty sea breezes on your doorstep. Duplex Layout: This property is divided into two identical, mirror-image units, each with 2 spacious bedrooms and 1.5 well-appointed bathrooms. Just the space for accommodating family, friends, or renters. Income Potential: With a duplex configuration, you have the option to live in one unit while renting out the other. Imagine generating a steady stream of rental income to offset your living expenses or as a lucrative investment. Coastal Living: The duplex features ample windows that flood each unit with natural light and showcase the Gulf Coast's beauty. Step outside onto your balcony to savor the salty sea air and breathtaking sunsets on each level of each duplex. Both units come equipped with appliances, including a fully-equipped kitchen, in-unit laundry facilities, and comfortable living spaces for relaxed beachside living. Off-street parking spaces ensure hassle-free access for both residents and guests.Whether you're looking for a permanent residence, a vacation getaway, or an income-generating property, this Gulf Shores duplex is your ticket to coastal paradise. Don't miss out on this fantastic opportunity to own a slice of Gulf Shores beachside living. Buyer/Buyers agent to verify all information deemed important. Buyer to verify all information during due diligence.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberly Samry PHONE:251-303-0552,

    Elite Real Estate Solutions, LLC

    Bought with:

    Kimberly Samry

    Elite Real Estate Solutions, LLC

    Source: Baldwin Realtors,MLS#: 391401MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Electric
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator
    Features
    • Ceiling Fan(s)
    • Flooring: Tile, Luxury Vinyl Plank
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,920
    • Total interior livable area: 1,920 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Carport, Garage
    • Has garage: Yes
    • Carport spaces: 2
    • Covered spaces: 3
    Features
    • Levels: Two
    • Has view: Yes
    • View description: Western View
    • Waterfront features: Gulf Accs (<=1/4 Mi)
    Lot
    • Size: 6,011 Square Feet
    • Dimensions: 50 x 120
    Details
    • Parcel number: 6604202000250.000

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Raised Beach
    • Property subtype: Duplex, Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Pillar/Post/Pier
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1994

    Utilities & green energy

    • Utilities for property: Gulf Shores Utilities

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $346/sqft
    • Tax assessed value: $754,900
    • Annual tax amount: $4,330
    • Price range: $665K - $665K
    • Date on market: 2/6/2026
    • Ownership: Whole/Full

    Price history

    DateEventPrice
    4/3/2026Sold$665,000-8.3%$346/sqft
    Source: Baldwin Realtors #391401 Report a problem
    2/6/2026Listed for sale$725,000$378/sqft
    Source: Baldwin Realtors #391401 Report a problem
    3/20/2024Listing removed$725,000$378/sqft
    Source: Baldwin Realtors #351223 Report a problem
    3/18/2024Pending sale$725,000$378/sqft
    Source: Baldwin Realtors #351223 Report a problem
    1/17/2024Price change$725,000-3.3%$378/sqft
    Source: Baldwin Realtors #351223 Report a problem
    11/3/2023Price change$750,000-3.2%$391/sqft
    Source: Baldwin Realtors #351223 Report a problem
    10/3/2023Price change$775,000-3.1%$404/sqft
    Source: Baldwin Realtors #351223 Report a problem
    9/1/2023Listed for sale$800,000+1.7%$417/sqft
    Source: Baldwin Realtors #351223 Report a problem
    12/14/2021Listing removed--
    Source: Baldwin Realtors #322159 Report a problem
    10/29/2021Listed for sale$787,000$410/sqft
    Source: Baldwin Realtors #322159 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,693 +6.8%$140,400 +7%
    2024$4,395 +4.8%$131,220 +3.2%
    2023$4,194 $127,100 +44.2%
    2022-- $88,140 +12.4%
    2021$1,912 -15%$78,420 +15%
    2020$2,251 +18.6%$68,200 +18.8%
    2019$1,898 +82.7%$57,400 +74.8%
    2018$1,039 -7.5%$32,840 -7.2%
    2017$1,123 -0.3%$35,380 +2.4%
    2016$1,126 $34,560
    2015-- $34,560
    2014-- $34,560
    2013-- $34,560 -36.6%
    2009$1,798 +101.2%$54,480 +91.6%
    2008$894 -51.1%$28,440 -49.9%
    2007$1,828 +294.7%$56,760 +268.6%
    2005$463 -44%$15,400 -41.8%
    2004$828 $26,440
    2003$828 +4.2%$26,440 +3.9%
    2002$795 +1.5%$25,440
    2001$783 $25,440
    2000$783 $25,440
    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

    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
    $682,500
    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
    $682,500