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$780,000 Just Listed
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Property Description
Aggressively Priced "¢ 10% ROI "¢ $20,000 ALREADY BOOKED FOR 2026 - Deeded Beach Access. This is a high-performing, numbers-driven short-term rental opportunity in the heart of Gulf Shores. With $105,000 in verified rental income in both 2023 and 2024, this property is delivering an approximate 10% ROI and already has $20,000 on the books for 2026, providing immediate forward-looking income and investor confidence. This fully renovated, turn-key 4BR / 3.5BA home sleeps up to 13 guests and is located in one of the very few areas in Gulf Shores that allow short-term rentals-a critical value driver in today's market. STR Investment Highlights: AGGRESSIVE 10% ROI based on historical performance $105,000 rental history in 2023 & 2024 $20,000 already booked for 2026. Zoned for Short-Term Rental + Commercial or Residential use (RARE) Fully furnished & rental-ready - zero start-up time Fortified Roof (2022) HVAC systems: Up (2018) | Down (2024) Grinder pump replaced in 202427' Gulf-facing deck + deeded beach access. Positioned within walking distance to the beach, festivals, dining, and entertainment, this property consistently outperforms due to its prime location, guest capacity, and proven income history. Set to provide immediate cash flow, appreciation, and long-term demand stability in one of Alabama's strongest vacation markets.Aggressively priced. Proven income. Future bookings in place. This is the kind of STR asset that rarely becomes available in core Gulf Shores. Buyer to verify all information during due diligence. All information deemed reliable but not guaranteed. Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 351 E 2nd Ave
General
- Price: $780,000
- Taxes: $4,383
- Status: Active
- Type: Single Family
- Source: 934
- MLS ID: 390598
- Updated: 1/22/2026
Property History
- 351 E 2nd Ave, Gulf Shores, AL
- Listed $780,000 on 1/21/26
Interior
- Interior Features: En-Suite, Internet
- Appliances: Dishwasher, Microwave, Electric Range, Refrigerator w/Ice Maker
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
- Primary Bathroom: Tub/Shower Combo, Single Vanity
Bedrooms
- Total Bedrooms: 4
- Primary Bedroom: 20 x 13, Main, 260 Sq. Ft.
- Bedroom 2: 15 x 10, Main, 150 Sq. Ft.
- Bedroom 3: 15 x 12, Main, 180 Sq. Ft.
- Bedroom 4: 15 x 12, Second, 180 Sq. Ft.
Other Rooms
- Kitchen: 15 x 11, Main, 165 Sq. Ft.
- Dining Room: Dining/Kitchen Combo
Additional Information
- Shared Amenities: Water Access-Deeded
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Storage
- Porch/Patio/Deck: Front Porch, Wrap Around
Parking
- Carports: Yes
- Carport Spaces: 1
- Covered Spaces: 1
- Parking Features: Single Carport
Location
- Area: Gulf Shores 1
- County: Baldwin
- Subdivision: Mcphillips
- Driving Directions: From Hwy 59 heading South, turn left on E 2nd Ave. Go approximately .4 miles and the home will be on the right.
School Information
- Elementary School: Gulf Shores Elementary
- Middle School: Gulf Shores Middle
- High School: Gulf Shores High
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Heat Pump, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Utility Description: Gulf Shores Utilities
Structural Information
- Architectural Style: Raised Beach
- Exterior Const.: Vinyl Siding, Wood Frame
- Roof: Metal
- Building Size: 2044
- Square Feet: 2,044
- Sq. Ft. Source: Assessor
- Year Built: 1952
- Property Condition: Resale
Lot Features
- Property View: Indirect Gulf-Across Rd
- Lot Size (Acres): 0.143
- Lot Size (Sq. Ft.): 6,229.08
- Lot Dimensions: 50.4 x 125.9
- Fence: Yes
- Lot Features: 1-3 acres
- Fencing (Description): Partial
Water Features
- Water Front View: Deeded Access
Financial Considerations
- Tax Amount: $4,383
Disclosures and Reports
- Ownership: Whole/Full
- Legal Description: 50.4 X 125.9 The W1 2 Of Lot 29 McPhillips Sub Pb4 Pg7 In The City Of Gulf Shores Sec 21-T9s-R4e (Wd)
- Property ID: 6605212000030
- Block: 29
- Lot Number: 29
Listed by RE/MAX of Orange Beach
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Listing agent
— 351 E 2nd Ave —
RE/MAX of Orange Beach
PHONE: 251-533-6677
NMLS#: 1598647
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Schools
Schools serving 351 E 2nd Ave
| Name | Grades | Distance |
|---|---|---|
Gulf Shores Elementary School 1600 East 3rd Street, Gulf Shores, AL 36542 | PK-5 | 1.3 mi |
Gulf Shores Middle School 450 East 15th Avenue, Gulf Shores, AL 36542 | 6-8 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Estimate the Cost
Estimate the Cost for 351 E 2nd Ave
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351 E 2nd Avenue, Gulf Shores, AL 36542 (MLS# 390598) is a Single Family property with 4 bedrooms, 3 full bathrooms and 1 partial bathroom. 351 E 2nd Avenue is currently listed for $780,000 and was received on January 21, 2026. Want to learn more about 351 E 2nd 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.