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990 W Lagoon Avenue, Gulf Shores, AL 36542
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$1,350,000
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Home Details for 990 W Lagoon Avenue
Price
$1,350,000
Type
Multi Family
Bedrooms
5
Total Bathrooms
5
Full Bathrooms
5
Year Build
1970
Sq. Ft.
2587
Lot Size
0.31
County
Baldwin
Tax
$2,055.2
MLS®️ Listing#
372583
On exitrealty.com
257 days
Property Description
Discover the ultimate investment haven at the Lagoon! This extraordinary property showcases two houses and an apartment offering a rare chance to capitalize on multiple revenue streams. Nestled along the tranquil Little Lagoon, just a short stroll from a public beach. Featuring versatile spaces and endless potential, the property is ideal for various lifestyle needs. The sellers have thoroughly renovated both homes. Recent upgrades include new metal roofs (end of 2020), new exterior, newer water heaters, HVAC systems, plumbing and electrical. The owners meticulous attention to detail is evident throughout. The luxurious waterfront residences boasts breathtaking sunset views from its wrap around porch. The interior features sleek, contemporary finishes, including appliances, fixtures and flooring and stunning views of the lagoon. Additional features include newer high impact hurricane windows. 2 bedrooms & 2 baths, spacious updated kitchen and dining room. Beneath the waterfront home lies a private apartment, complete with 1 bedroom and 1 bathroom, living area and breakfast nook, offering picturesque views and convenient pier access. The possibilities here are endless. The second home currently operated as an Airbnb showcases two porches with stunning views. The interior features 2 bedroom, 2 baths, two bonus rooms, spacious living room & kitchen. A large dining room with porch access is an additional highlight. The lower level accommodates a laundry area for the current rental property and a substantial storage room which could be repurposed as an additional apartment. The potential for these two homes and apartment is vast. With its million dollar view and prime location this property presents a unique opportunity. Located under 1.5 miles from The Hangout, restaurants and shopping, it is a rare gem. Buyer to verify all information during due diligence.
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- House Interior
- Breakfast Bar
- Ceiling Fan(s)
- High Ceilings
- Storage
- Vaulted Ceiling(s)
- Waterfront and Water Access
- Beach Access
- Cooling Information
- Ceiling Fan(s)
- Heating Information
- Electric
- Parking
- Attached
School Information
School Information for 990 W Lagoon Avenue
Elementary School
Gulf Shores Elementary
Middle School
Gulf Shores Middle
High School
Gulf Shores
Listing Courtesy: IXL Real Estate - 251-265-1230
The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Baldwin County Association of REALTORS. Baldwin County MLS deems information reliable but not guaranteed.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.
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$1,350,000
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EXIT REALTY GULF SHORES
3725 Gulf Shores Pkwy, Gulf Shores, AL 36542