990 Lagoon Avenue W, Gulf Shores AL 36542
990 Lagoon Avenue W, Gulf Shores AL 36542
5 bed
5 bath
2,587 sqft
13,504 sqft lot
Property Overview
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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Price per Sq Ft
$541
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Subdivision
Gulf Shores
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County
Baldwin - AL
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Property Type
Residential
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Property Sub Type
Single Family Residence
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Lot Size (Acres)
0.31
Features & Amenities
Appliances
- Dishwasher
- Electric Cooktop
- Electric Oven
- Electric Water Heater
- Refrigerator
Interior Features
- Beamed Ceilings
- Crown Molding
School Information
Elementary School
Gulf Shores
Middle School
Gulf Shores
High School
Gulf Shores