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$ 413,000
$ 450,000 8.2%
Est. payment /mo
Sold on 07/07/2026
440 E 1st Avenue Gulf Shores, AL 36542
UPDATED:
Key Details
Sold Price $413,000
Property Type Single Family Home
Sub Type Residential Lots
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 395642
Sold Date 07/07/26
HOA Y/N No
Acres 0.143
Property Sub-Type Residential Lots
Source Baldwin County
Property Description
Located in the heart of Gulf Shores, AL, this lot offers exceptional investment potential in one of the area's most desirable short-term rental markets. Zoned BT-2, which allows short-term rentals, this property is ideal for developing a two- three or five-story income-producing rental. Its proximity to top attractions like The Hangout, Sea-N-Suds, The Pink Pony Pub, and Waterville USA enhances its strong rental appeal and occupancy potential.The lot includes deeded beach access just one block south, along with additional nearby public access points—an attractive feature for vacation renters seeking convenience and walkability. With the ability to add a pool and maximize outdoor living space, this property presents an excellent opportunity to increase nightly rates and overall return.Positioned in a high-demand rental corridor, this is a prime opportunity to build, capitalize, and generate consistent income. Reach out today to discuss development potential and projected returns. Buyer to verify all information during due diligence.
Location
State AL
County Baldwin
Exterior
Utilities Available Baldwin EMC, Gulf Shores Utilities
Waterfront Description No Waterfront
View Y/N Yes
View Southern View
Building
Lot Description Lot, Less Than 1 Acre
Schools
Elementary Schools Gulf Shores Elementary
Middle Schools Gulf Shores Middle
High Schools Gulf Shores High
Others
Financing Conventional
Special Listing Condition Other/See Remarks
Listed by RE/MAX of Gulf Shores
Bought with RE/MAX of Gulf Shores
Bought with RE/MAX of Gulf Shores
NEARBY SCHOOLS & PROPERTIES
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