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$730,000

Est. payment - /mo

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4 Beds

4 Baths

2,044 SqFt

Active

351 E 2nd Avenue Gulf Shores, AL 36542

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Jeremy Miller

millercompanyrealestate@gmail.com +1(205) 451-3044

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Raised Beach

Listing Status Active

Purchase Type For Sale

Square Footage 2,044 sqft

Price per Sqft $357

Subdivision Mcphillips

MLS Listing ID 390598

Style Raised Beach

Bedrooms 4

Full Baths 3

Half Baths 1

Construction Status Resale

Year Built 1952

Annual Tax Amount $4,383

Lot Size 6,229 Sqft

Lot Dimensions 50.4 x 125.9

Property Sub-Type Raised Beach

Property Description

OVER $55,834 in Rentals ALREADY BOOKED FOR 2026 through April! - Deeded Beach Access. Seller will pay closing costs or will offer a 2/1 buydown. 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 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. *Seller will pay closing costs or do a 2/1 buydown with an acceptable offer.

Location

State AL

County Baldwin County

Interior

Interior Features En-Suite, Internet

Heating Electric

Cooling Heat Pump, Ceiling Fan(s)

Flooring Tile, Wood

Fireplace No

Appliance Dishwasher, Microwave, Electric Range, Refrigerator w/Ice Maker

Exterior

Exterior Feature Storage

Parking Features Single Carport

Fence Partial

Community Features Water Access-Deeded

Utilities Available Gulf Shores Utilities

Waterfront Description Deeded Access

View Y/N Yes

View Indirect Gulf-Across Rd

Roof Type Metal

Garage No

Building

Lot Description 1-3 acres

Foundation Pilings

Architectural Style Raised Beach

New Construction No

Construction Status Resale

Schools

Elementary Schools Gulf Shores Elementary

Middle Schools Gulf Shores Middle

High Schools Gulf Shores High

Others

Senior Community No

Ownership Whole/Full

Listed by RE/MAX of Orange Beach

Nearby Locations

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Jeremy Miller

Qualifying Broker/Owner

+1(205) 451-3044