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$450,000 Just Listed
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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- or three-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.
Full Property Details
Full Property Details for 440 E 1st Ave
General
- Price: $450,000
- Taxes: $1,235
- Status: Active
- Type: Residential Lots
- Source: 934
- MLS ID: 395642
- Updated: Today (4/24/2026)
- Added to Site: Today
Location
- Area: Gulf Shores 1
- County: Baldwin
- Driving Directions: From Hwy 59, go East on East 1st Ave. the property will be on the left.
- Direction Faces: South
School Information
- Elementary School: Gulf Shores Elementary
- Middle School: Gulf Shores Middle
- High School: Gulf Shores
Utilities
- Utility Description: Gulf Shores Utilities
Lot Features
- Property View: Southern View
- Lot Size (Acres): 0.143
- Lot Size (Sq. Ft.): 6,229.08
- Lot Dimensions: 50 x 126 x 50 x 125
- Frontage Feet: 50
- Lot Features: Lot, Less than 1 acre
Water Features
- Water Front View: No Waterfront
Financial Considerations
- Tax Amount: $1,235
- Terms: Other-See Remarks
Disclosures and Reports
- Ownership: Whole/Full
- Property ID: 6605212000088.002
- Block: 51
- Lot Number: 51
Listed by RE/MAX of Gulf Shores
Get Pre-Approved Today
Schools
Schools serving 440 E 1st 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 440 E 1st Ave
Date
Details
Price
Change
Source
4/24/2026
Listed
$450,000
25%
MLS
6/10/2024
Sold
$360,000
—
Public Record
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 440 E 1st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,677
36%
$50,820
36%
2024
$1,236
17%
$37,440
17%
2023
$1,053
34%
$31,920
34%
2022
$785
24%
$23,800
24%
2021
$634
—
$19,200
1%
2021
$634
1%
$19,000
—
2019
$627
33%
$19,000
33%
2018
$471
7%
$14,260
7%
2017
$439
8%
$13,300
8%
2016
$408
—
$12,360
—
2015
$408
—
$12,360
—
2014
$408
-5%
$12,360
-5%
2013
$429
—
$13,000
—
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 440 E 1st Ave
440 E 1st Avenue, Gulf Shores, AL 36542 (MLS# 395642) is a Residential Lots property with a lot size of 0.143 acres. 440 E 1st Avenue is currently listed for $450,000 and was received on April 24, 2026. Want to learn more about 440 E 1st Avenue? Do you have questions about finding other Residential Lots 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.

