351 E 2nd Avenue Gulf Shores, AL 36542
351 E 2nd Avenue Gulf Shores, AL 36542 | MLS 400265 Photo 1
351 E 2nd Avenue Gulf Shores, AL 36542 | MLS 400265 Photo 2
351 E 2nd Avenue Gulf Shores, AL 36542 | MLS 400265 Photo 3
351 E 2nd Avenue Gulf Shores, AL 36542 | MLS 400265 Photo 4
351 E 2nd Avenue Gulf Shores, AL 36542 | MLS 400265 Photo 5
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
View All Property Details
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

Kristy Malone

(251) 533-1791

Property Details

Community Information

Address 351 E 2nd Avenue, Gulf Shores, AL 36542
Area Baldwin
County Baldwin
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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351 E 2nd Avenue Gulf Shores, AL 36542 | MLS 400265
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Listing Information Last Updated 8/31/2026
Listing provided courtesy of RE/MAX Of Orange Beach (251-533-6677).
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than Signature Properties are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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.
351 E 2nd Avenue Gulf Shores, AL 36542
  • $705,000
  • 4 beds
  • 3 full  1 half baths
  • 2,044 Sq. Ft.