Water Views
Address
232 W 1st Avenue, Gulf Shores, AL
Price
$ 1,400,000
Property Attributes
  • MLS#411397
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityGulfShores
  • CountyBaldwin
  • CityGulf Shores
  • NeighborhoodGulf Shores
  • Zip36542
  • StyleRaised Beach
  • Year Built1981
  • Price$ 1,400,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2200
  • Lot Size0.243 Acres
Data Source:
Baldwin County MLS (BCAR)
Property Description

RARE GULF SHORES INVESTMENT & DEVELOPMENT OPPORTUNITY! Located just 1 block from the Gulf Shores Public Beach and steps from the restaurants, entertainment, shopping, and attractions of the city’s vibrant beach district, 232 W 1st Ave offers an exceptional combination of location, income potential, & future development possibilities. Situated w/in the Gulf Shores Walking Area Overlay District & zoned BT-2 (Tourism Business Medium Density), the property offers tremendous flexibility for continued rental use or future redevelopment, subject to applicable city requirements & approvals. The 50' x 212' lot features 2 well-maintained homes, each offering 2 bedrooms, 2 bathrooms, & approximately 1,100 square feet ea. The home to the north will convey fully furnished & rent-ready, providing an opportunity to begin utilizing the property for vacation rentals while the home to the south will convey partially furnished & includes a cargo lift for added convenience. Each residence features welcoming sliding glass doors that open onto a private deck (30x8 for home to the north) (30x15 for home to the south), creating an inviting outdoor space for relaxing & entertaining. There is room (35 x 30) to build a shared pool between the homes to boost rental income. See rental projections for each home as-is & w/ an addition of a pool in Documents. The property’s BT-2 zoning adds another valuable layer of opportunity, w/potential for future commercial development should an owner choose to redevelop the site, subject to applicable zoning, permitting, & development requirements. The existing homes provide immediate utility while the underlying zoning and prime location create long-term possibilities. W/ the Gulf Shores Public Beach just one block away, vacation rental eligibility, 2 existing income-producing residences, & a substantial 50' x 212' lot in a high-demand tourism corridor, this is a truly distinctive property w/both immediate and future potential. Some photos virtually staged. Buyer to verify all information during due diligence.

Elementary School Middle School High School
Gulf Shores Elementary Elementary School Gulf Shores Middle Middle School Gulf Shores High High School
Price History
10/30/2026 Listed $1,400,000

General Features

Utilities Baldwin EMC
View Southern View,Indirect Gulf Across Road
Property Subtype Residential Detached
Waterfront Features Gulf Access Less Than Or Equal To Quarter Mile
Community Features None
County Baldwin
Property Type Residential
HOA false
Subdivision Name Gulf Shores
Status Active
Directions Head west on W Beach Blvd. Turn right on W 2nd St. Turn right onto W 1st Ave, home will be on your left. Or head south on Hwy 59, take a right (west) on West 1st Ave., go to the 2nd block and the homes will be on the right.
High School Gulf Shores High
City Gulf Shores
MLS Area Baldwin
Elementary School Gulf Shores Elementary
Middle/Junior High School Gulf Shores Middle
Standard Status Active
Virtual Tour https://link.edgepilot.com/x/Q8faobUOh6fruW1tPBfXg-I?u=https://unbranded.visithome.ai/5r2XiYXvvEdnY9g4pynZJY?mu=ft
Heating Central
Cooling Electric
Roof Metal
Appliances Dryer,Washer,Disposal,Microwave,Dishwasher,Electric Range,Plumbed For Ice Maker
Architectural Style Raised Beach
Year Built 1981
Other Structures Guest Cottage
Full Baths 4
Stories Count 1
Assoc Fee Paid Per Monthly
Pool Features None

Interior Features

Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Interior Amenities En Suite,Ceiling Fan(s)
Flooring Tile,Luxury Vinyl Plank
Furnished Y/N Partially
Total Bedrooms 4
LivingAreaSource Tax Records
Total Baths 4

Exterior Features

Lot Features Level,Less Than 1 Acre
Lot Size Acres 0.243
Parking Features Double Carport

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 36542

Price
AVG $730K
$1.4M
Year Built
AVG 2003
1981

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