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$2,100,000
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Property Description
Rare Multi-Use Opportunity in the Heart of Gulf Shores - Waterway Village District OverlayExceptional investment property located in the highly desirable Waterway Village District, just steps from the vibrant heart of Gulf Shores! This unique offering includes five income-producing homes, all currently used as rental properties and eligible for short-term and vacation rental approval under existing overlay zoning.Positioned less than 1/4 mile from top local attractions, including live entertainment, restaurants, boutique ice cream shops, art galleries, and a popular brewery, this walkable neighborhood is undergoing exciting infrastructure improvements-including a new pedestrian bridge over the Intracoastal Waterway and pending approval for golf cart-friendly transportation.This property also offers significant redevelopment potential, with ample room to accommodate multi-use retail, restaurant, condo, or apartment buildings-all aligned with the City of Gulf Shores' long-term master plan for the area. Whether you're looking to develop, expand a rental portfolio, or operate a live/work concept, this flexible-use property provides unmatched potential in one of Gulf Shores' most dynamic and fast-evolving communities. Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 334 E 24th Ave
General
- Price: $2,100,000
- Status: Active
- Type: Single Family
- Source: 934
- MLS ID: 380860
- Updated: 12/31/2025
- Added to Site: 214 day(s) ago
Interior
- Appliances: Electric Water Heater
Rooms
Other Rooms
- Dining Room: None
Parking
- Parking Features: See Remarks
Location
- Area: Gulf Shores 1
- County: Baldwin
- Subdivision: AL
- Cross Streets: East 2nd Street
- Driving Directions: From intersection of Gulf Shores Parkway and East 20th Ave turn East on East 20th and go to Traffic Light. Turn North on East on East 2nd Street and go to East 24th Ave. Turn East and Property will be 250' on the North Side of East 24th.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, See Remarks
Structural Information
- # Buildings: 5
- Building Size: 4679
- Square Feet: 4,679
- Sq. Ft. Source: Assessor
- Year Built: 1984
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.69
- Lot Size (Sq. Ft.): 30,056.4
- Lot Dimensions: 200 x 150
- Frontage Feet: 350
- Lot Features: Corner Lot, Few Trees, See Remarks
- Zoning: Business/Commercial, Within Corp Limits
Financial Considerations
- Terms: Other-See Remarks
Disclosures and Reports
- Legal Description: 125 X 150 LOTS 19, 20 AND E1 2 OF 18 BLK 2 SOUTHPORT UNIT OF GULF SHORES MB1 PG151 IN THE CITY OF GULF SHORES SEC 9-T9 S-R4S (WD-SURVIVORSHIP) IN#959943
- Property ID: 6602092000052.002
- Block: 19
- Lot Number: 19
Listed by RE/MAX of Gulf Shores
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Price & Sales History for 334 E 24th Ave
Date
Details
Price
Change
Source
6/17/2025
Listed
$2,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 334 E 24th Ave
334 E 24th Avenue, Gulf Shores, AL 36542 (MLS# 380860) is a Single Family property with 0 bedrooms and 0 full bathrooms. 334 E 24th Avenue is currently listed for $2,100,000 and was received on June 17, 2025. Want to learn more about 334 E 24th 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.

