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$725,000

Listing Price

4beds

3baths

1,920sqft

6,000sqft lot

515 W 1st Ave, Gulf Shores, AL 36542

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Multi-Family

Home type

513.44

Price / sqft

1994

Year built

Home Details

Welcome to your dream investment opportunity just steps away from the stunning Gulf Shores beaches! This exceptional duplex offers not one, but two charming living spaces, each featuring 2 bedrooms and 1.5 bathrooms. Whether you're seeking a coastal getaway or a savvy income generator, this property has it all. Situated just one street away from the pristine Gulf Shores beaches, you'll enjoy the luxury of coastal living at its finest. Picture waking up to the sound of waves crashing and salty sea breezes on your doorstep. Duplex Layout: This property is divided into two identical, mirror-image units, each with 2 spacious bedrooms and 1.5 well-appointed bathrooms. Perfect for accommodating family, friends, or renters. Income Potential: With a duplex configuration, you have the option to live in one unit while renting out the other. Imagine generating a steady stream of rental income to offset your living expenses or as a lucrative investment. Coastal Living: The duplex features ample windows that flood each unit with natural light and showcase the Gulf Coast's beauty. Step outside onto your private balcony to savor the salty sea air and breathtaking sunsets on each level of each duplex. Both units come equipped with appliances, including a fully-equipped kitchen, in-unit laundry facilities, and comfortable living spaces for relaxed beachside living. The low-maintenance exterior ensures more time for you to enjoy the beach, while the property's history of responsible upkee

Interior Details

Square Feet
  • 1920

Bedrooms
  • 4

Bathrooms
  • 3

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Forced Air

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    N/A

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    No Basement

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Carpet

Fireplace
  • Has Fireplace:

    No

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 6000

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 2

Style
  • N/A

Exterior
  • Vinyl

Foundation
  • Pier/post & Beam

Roof
  • Gable/hip

Roofing Material
  • Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$1,894

$0

$0

--%

$57,400

2018

$1,042

$0

$0

--%

$32,840

2017

$1,125

$0

$0

--%

$32,000

2016

$1,100

$0

$0

--%

$34,560

2015

$1,099

$0

$0

--%

$34,560

2013

$1,100

$0

$0

--%

$34,560

2012

$1,074

$0

$0

--%

$33,720

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Average Home Price in 36542

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Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
725,000
$
Down payment
145,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
4,350
$
HOA (Monthly)
0
$
PMI
0
$
$4,693
Your Payment
Total Monthly Payment:$4,693
Percent of Income:80%
Affordable:No
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Details for 515 W 1ST AVE

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Property Debt

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Foreclosure Contact Details

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Current Owner

Transaction History