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$279,000 Just Listed
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Property Description
Rare investment opportunity in the heart of Gulf Shores! Located at 115 E 21st Avenue, this property offers tremendous potential for investors, builders, and buyers looking for a renovation project in one of the fastest-growing areas along Alabama's Gulf Coast.The existing home is a true fixer-upper and is being offered as-is, presenting an excellent opportunity for a complete renovation, rental investment, or redevelopment project. What truly sets this property apart is its highly desirable R-4 zoning, a high-density residential classification intended for multi-family development. Gulf Shores' R-4 district is designed to accommodate higher-density residential uses, creating exceptional redevelopment potential for investors seeking to maximize the property's value. Buyer to verify all permitted uses, density requirements, and development regulations with the City of Gulf Shores.  Positioned just minutes from Gulf Shores' beautiful white-sand beaches, public beach access, restaurants, shopping, entertainment, schools, and the rapidly growing Waterway Village district, this location continues to benefit from strong demand for both long-term and short-term housing opportunities. The property's central location provides convenient access to Highway 59, Gulf State Park, local marinas, and all that Gulf Shores has to offer.Whether you're looking to restore the existing structure, add to your investment portfolio, or explore redevelopment possibilities, opportunities like this are becoming increasingly difficult to find in Gulf Shores. Bring your vision and unlock the full potential of this prime in-town property.Property sold as-is. Buyer to verify all information, zoning, dimensions, and development possibilities during due diligence. Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 115 E 21st Ave
General
- Price: $279,000
- Taxes: $1,561
- Status: Active
- Type: Single Family
- Source: 934
- MLS ID: 398441
- Updated: 6/24/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Number of Fireplaces: 1
- Fireplace(s): None
- Appliances: Dryer, Microwave, Washer
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Shower Only, Single Vanity
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Dining Room: None
Additional Information
- Shared Amenities: None
Parking
- Parking Features: See Remarks
Location
- County: Baldwin County
- Subdivision: Gulf Pines
- Driving Directions: Hwy 59 South across Intracoastal Bridge. Left on 20th Ave. Left on E 2nd St. Right on E 21st Ave. Property on left
School Information
- Elementary School: Gulf Shores Elementary
- Middle School: Gulf Shores Middle
- High School: Gulf Shores High
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Heating Type: Electric
Structural Information
- Architectural Style: Cottage
- Exterior Const.: Other-See Remarks
- Roof: Composition
- Stories/Levels: 1
- Building Size: 1076
- Square Feet: 1,076
- Sq. Ft. Source: Assessor
- Year Built: 1950
- Property Condition: Resale
Lot Features
- Property View: None/Not Applicable
- Lot Size (Acres): 0.258
- Lot Size (Sq. Ft.): 11,238.48
- Lot Dimensions: 75' x 150'
- Lot Features: Less than 1 acre
Water Features
- Water Front View: No Waterfront
Financial Considerations
- Tax Amount: $1,561
Disclosures and Reports
- Ownership: Whole/Full
- Legal Description: 75' X 150' LOTS 3 & THE E 25' OF LOT 4 DIV 2 GULF PINES UNIT OF GULF SHORES BLK 3 IN THE RESURVEY OF BLKS 1-14 PB4 PG71 IN THE CITY OF GULF SHORES SEC 8-T9S-R4E (WD - SURVIVORSHIP)
- Property ID: 6603084000026
- Block: 3
- Lot Number: 3
Listed by Real Broker, LLC
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Schools
Schools serving 115 E 21st Ave
| Name | Grades | Distance |
|---|---|---|
Gulf Shores Elementary School 1600 East 3rd Street, Gulf Shores, AL 36542 | PK-5 | 0.5 mi |
Gulf Shores Middle School 450 East 15th Avenue, Gulf Shores, AL 36542 | 6-8 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 115 E 21st Ave
Date
Details
Price
Change
Source
6/24/2026
Listed
$279,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 115 E 21st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,562
7%
$47,320
7%
2024
$1,460
7%
$44,240
7%
2023
$1,362
18%
$41,280
18%
2022
$1,150
20%
$34,840
21%
2021
$955
—
$28,860
3%
2021
$955
11%
$28,060
8%
2019
$859
8%
$26,020
18%
2018
$796
12%
$22,120
2%
2017
$713
138%
$21,620
138%
2016
$300
-43%
$9,100
-43%
2015
$526
154%
$15,940
155%
2014
$207
—
$6,260
—
2013
$207
—
$6,260
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 115 E 21st Ave
115 E 21st Avenue, Gulf Shores, AL 36542 (MLS# 398441) is a Single Family property with 3 bedrooms and 2 full bathrooms. 115 E 21st Avenue is currently listed for $279,000 and was received on June 24, 2026. Want to learn more about 115 E 21st Avenue? Do you have questions about finding other Single Family real estate for sale in Gulf Shores? You can browse all Gulf Shores real estate or contact a Coldwell Banker agent to request more information.

