351 E 2nd Avenue
Gulf Shores, AL 36542
For more information on this listing, contact us at: (251) 533-1791
Active
$705,000
351 E 2nd Avenue Gulf Shores, AL 36542
Raised Beach
Property Type
4
Beds
3 Full 1 Half
Baths
2,044
Sq. Ft.
1952
Year Built
Baldwin
County
12.46% ROI | NO HOA | DEEDED BEACH ACCESS | FULLY RENOVATED | SELLER WILL PAY BUYER'S CLOSING COSTS Exceptional opportunity to own a fully renovated, turn-key property in the heart of Gulf Shores with an estimated 12.46% ROI, NO HOA, and flexible zoning that allows short-term rentals, residential, or commercial use. Properties offering this combination are exceptionally rare. This spacious 4-bedroom, 3.5-bath home comfortably sleeps up to 13 guests and comes fully furnished, allowing for immediate enjoyment or continued rental operation. Future bookings are already in place, providing a seamless transition for the next owner. Ideally located just a short walk from the sugar-white beaches, dining, shopping, festivals, and popular Gulf Shores attractions, the property also features deeded beach access and a 27-foot Gulf-facing deck perfect for enjoying coastal views and breezes. Major improvements have already been completed, including a Fortified Roof (2022), upstairs HVAC (2018), downstairs HVAC (2024), and a new grinder pump (2024), offering peace of mind for years to come. Projected annual net rental income is approximately $87,849, making this an outstanding opportunity for buyers seeking a strong-performing coastal property. Seller is offering closing cost assistance or a 2/1 interest rate buydown with an acceptable offer, creating additional value for qualified buyers. Properties with NO HOA, deeded beach access, flexible zoning, strong income potential, and a prime Gulf Shores location are rarely available at this price point. Buyer to verify all information during due diligence. Buyer to verify all information during due diligence.
MLS #
400265
Monthly HOA
N/A
On Site
96 Days
Last Updated
8/31/2026
Location
Contact Agent
Kristy Malone
(251) 533-1791Property Details
Community Information
Address
351 E 2nd Avenue, Gulf Shores, AL 36542
Area
Baldwin
County
Baldwin
City
Gulf Shores
Subdivision
Mcphillips
Zip Code
36542
Condo
Mcphillips
School Information
High School
Gulf Shores High
Middle School
Gulf Shores Middle
Elementary School
Gulf Shores Elementary
Architecture
Bedrooms
4
Bathrooms
3 Full / 1 Half
Year Built
1952
Stories
2
Style
Raised Beach
Construction/Foundation
Pilings, Wood Frame
Exterior Finish
Vinyl
Roof
Metal
Parking Features
Single Carport
Features / Amenities
Interior Features
En Suite, Internet
Appliances
Microwave, Dishwasher, Electric Range, Plumbed For Ice Maker, Smoke Detector
Flooring
Tile, Wood
Primary Bed/Bath
Single Vanity, Tub/Shower Combo
Dining Area
Dining/Kitchen Combo
Exterior Features
Storage
Patio And Porch
Porch Wrap, Front Porch
Community Amenities
Water Access Deeded
Energy Saving Features
Ceiling Fan(s)
Cooling Yes/No
Yes
Cooling
Heat Pump
Heating
Electric
Property Features
Lot Size
0.14 Acres
Waterfront
Deeded Access
View
Indirect Gulf Across Road
Utilities
Baldwin EMC, Gulf Shores Utilities
Fencing
Partial
Directions
From Hwy 59 heading South, turn left on E 2nd Ave. Go approximately .4 miles and the home will be on the right.
Tax and Financial Info
Current Financing
Conventional, Cash
Ownership
Whole Full
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Listing Information Last Updated 8/31/2026
Listing provided courtesy of RE/MAX Of Orange Beach (251-533-6677).
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The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.