1217 W LAGOON AVENUE Gulf Shores, AL 36542 | Carl T Martin | Residential Detached | Raised Beach

$1,040,000

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4
3
0
1920 sqft.
Listing Courtesy of
Elite By The Beach, LLC

Description

UNIQUE investment opportunity! NO HOA!! Inground HEATED AND COOLED pool, Outdoor entertaining space; outdoor bar, tv, sink, etc. As of September 2023 this property has 89k in gross rental income. The newly added pool and hot tub has rental projections over $100k+. This renters paradise consists of FOUR bedrooms, THREE baths (two bedrooms having access to private bathroom), features an open floor plan , TWO south facing balconies that overlook the Gulf of Mexico, and views of Little Lagoon from the front of home. CLOSE walk or biking to restaurants, Waves (convenience store), the public beach access, ice cream and so much more! 2023 upgrades include inground heated and cooled pool and added 6 person hot tub. 2022 upgrades include, new HVAC system, water heater, and decking.

Property Details

List Price $1,040,000 List Date 2023-09-19 MLS ID 351915 Status Active Property Type Residential Detached Property Sub Type Raised Beach County Baldwin

structure

Style Raised Beach Full Baths 3 Half Baths 0 Total Baths 3 bedrooms total 4 building area source Assessor building area total 1920.0 building area units Square Feet carport spaces 2.0 carport y n Yes construction materials Vinyl Siding covered spaces 2.0 Features Exterior Outdoor Shower, Storage # Fireplaces 0 fireplace y n No flooring Vinyl foundation details Pilings garage y n No heating Electric, Central heating y n Yes leasable area units Square Feet levels Two living area 1920.0 living area source Assessor living area units Square Feet new construction y n No Parking Features Double Carport property attached y n No property condition Resale roof Metal year built 2003

characteristics

community features None fencing Fenced Lot Description Less than 1 acre Acres 0 lot size area 0.282 Lot Dimensions 50 x 245 Lot SqFt 12283.92 lot size units sqft. pool features In Ground pool private y n Yes spa features Heated spa y n Yes view Indirect Gulf-Across Rd, Indirect Lagoon-Across Rd view y n Yes waterfront features Gulf Accs (Wlk <=1/4 Mi)

school

elementary school Gulf Shores Elementary high school Gulf Shores High

hoa

HOA Fee 0.0 association y n No Pets Allowed More Than 2 Pets Allowed

tax

parcel number 6706244000034.005 tax annual amount 1120.56 tax block 6 tax legal description 50 X250 CARL T MARTIN UNIT OF GULF SHORES BLK B LOT 6 SEC 2 4-9-3 (WD SURVIVORSHIP) tax lot 6

contract

listing terms Cash, Conventional ownership Whole/Full foreclosure y n No short sale y n No

compensation

Buyer Agency Comp. 2.75 Buyer Agency Comp. Type % Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the Baldwin REALTORS MLS.
This listing was last updated on 2023-09-21T17:28:36.784Z


Map

The buyer agent compensation offered only applies to participants and data share participants of the Baldwin REALTORS MLS.