BEDS4
BATHS3 full 1 half
SQUARE FEET2,044
MLS#390598
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONMcphillips
Property Description
Aggressively Priced ? 10% ROI ? $20,000 ALREADY BOOKED FOR 2026 - Deeded Beach Access. This is a high-performing, numbers-driven short-term rental opportunity in the heart of Gulf Shores. With $105,000 in verified rental income in both 2023 and 2024, this property is delivering an approximate 10% ROI and already has $20,000 on the books for 2026, providing immediate forward-looking income and investor confidence. This fully renovated, turn-key 4BR / 3.5BA home sleeps up to 13 guests and is located in one of the very few areas in Gulf Shores that allow short-term rentals?a critical value driver in today's market. STR Investment Highlights: AGGRESSIVE 10% ROI based on historical performance $105,000 rental history in 2023 & 2024 $20,000 already booked for 2026. Zoned for Short-Term Rental + Commercial or Residential use (RARE) Fully furnished & rental-ready ? zero start-up time Fortified Roof (2022) HVAC systems: Up (2018) | Down (2024) Grinder pump replaced in 202427' Gulf-facing deck + deeded beach access. Positioned within walking distance to the beach, festivals, dining, and entertainment, this property consistently outperforms due to its prime location, guest capacity, and proven income history. Set to provide immediate cash flow, appreciation, and long-term demand stability in one of Alabama's strongest vacation markets.Aggressively priced. Proven income. Future bookings in place. This is the kind of STR asset that rarely becomes available in core Gulf Shores. Buyer to verify all information during due diligence. All information deemed reliable but not guaranteed. Buyer to verify all information during due diligence.
Property Features
Property Type: Residential - Single Family
Cooling: Heat Pump, Ceiling Fan(s)
Heating: Electric
Home Style: Raised Beach
Lot Size: 0.14 Acres
Property Type: Raised Beach
Stories: 2.0
Year Built: 1952
Amenities
En-Suite
Internet
Storage
Feature Descriptions
Appliances: Dishwasher, Microwave, Electric Range, Refrigerator w/Ice Maker
Community Features: Water Access-Deeded
Construction Materials: Vinyl Siding, Wood Frame
Days on Site: 44
Dining Room: Dining/Kitchen Combo
Exterior: Vinyl
Fencing: Partial
Flooring: Tile, Wood
Foundation: Pilings
Lot: 1-3 acres
Lot Dimensions: 0.14 acre(s)
Master Bathroom: Tub/Shower Combo, Single Vanity
Utilities: Gulf Shores Utilities
Room Sizes
Primary Bedroom: 20 X 13 Level - Main
Bedroom 2: 15 X 10 Level - Main
Bedroom 3: 15 X 12 Level - Main
Bedroom 4: 15 X 12 Level - Second
Kitchen: 15 X 11 Level - Main
Local Schools
High School: Gulf Shores High
Middle School: Gulf Shores Middle
Elementary School: Gulf Shores Elementary
Listed By / Shown By
Listed By
Agency Name: RE/MAX of Orange Beach
Agency Phone: 251-981-2400
Shown By
Agent Name: Kelsey Davis
Agent Phone: (251) 510-8103
Agency Title: Bellator Real Estate
Estimate Your Payment
Estimated Payment
$ 3,968.70 per month $3,741.20 Principal & Interest $0.00 Property Tax (data not provided by mls) $227.50 Homeowner's InsuranceChange Payment Information
Print This Listingx
Select a format below, new window will open and will prompt you to print.
351 E 2nd Avenue | MLS# 390598
This single family home located at 351 E 2nd Avenue, Gulf Shores, AL 36542 is currently listed for sale with an asking price of $780,000. This property was built in 1952 and has 4 bedrooms and 3 full and 1 partial baths with 2044 sq. ft. E 2nd Avenue is located in the Mcphillips subdivision. Search Mcphillips real estate on kelseydavis.gobellator.com today.