7 months on rocket

1393 W Lagoon Ave, Gulf Shores, AL, 36542

$999,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths, 2 Partial
2,580 SqFt
$387/SqFt
Multi
Schools Nearby

Location

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1393 W Lagoon Ave, Gulf Shores$999,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDouble Carport, Three or More Vehicles
Year Built1994
HeatingElectric, Central
CoolingCentral Air
ViewOther
MLS #352159
Lot Size0.29 Acres
StatusActive

About 1393 W Lagoon Ave

ATTN INVESTORS! Exceptional rental generating over $81,000 in income for 2023! Guests love this charming Key West-style duplex which easily sleeps 16 guests. "Beach Bum" offers not one but two tropical getaways in one property. Inside, each side features 3 bedroom & 2.5 baths, providing space for family and guests. Visitors adore the vibrant Key West-style decor of this duplex, complemented by a spacious POOL, creating an atmosphere that radiates vacation vibes. Both sides offer fully stocked open kitchens & spacious living rooms/ dining areas create a relaxing atmosphere for entertaining. Primary bedrooms are located on the main floor and guest bedrooms upstairs. A unique shared door allows large families to move easily between the two sides. Outdoors, enjoy a private paradise with a generous pool in a fenced backyard. Each side has a grill and picnic table, perfect for gatherings. Storage space beneath the house keeps beach equipment organized. Recent updates include a new metal roof in '20, new windows in '21, new HVAC units in '20 & '21, new H2O heaters in '21, new plumbing in Sunrise in '20, & many more updates (see list in docs). Situated just two blocks from the beach, you're always close to sun, surf, and sea breezes. Restaurants & shopping are a short drive or bike ride away, adding to your convenience. Investors will appreciate "Beach Bum" as a turn-key rental property, generating income from day one. Whether you're looking for a primary residence, a vacation home, or an investment opportunity, "Beach Bum" offers it all. Don't miss your chance to own this amazing duplex. Schedule a showing today and make your beachside dream a reality!

Property Details

Property Features

Property Information:

  • Year Built: 1994
  • Living Area: 2,580 SqFt

Listing Office:

  • Office Name: World Impact Real Estate
  • Office Phone: (251) 233-7462
  • Listing Agent: Gigi Smith

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Ice Maker, Washer
  • Flooring Type: Tile, Laminate
  • Interior: Ceiling Fan(s), En-Suite, Split Bedroom Plan

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Storage, Porch/Covered, Patio, None

Parking Information:

  • Parking: Double Carport, Three or More Vehicles

Lot Features

Lot Information:

  • Lot: Interior Lot, Level
  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Electric, Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Gulf Shores High School, Public District Grades 9-12
  • Gulf Shores Middle School, Public District Grades 7-8
  • Gulf Shores Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Driving South on Hwy 59, turn right/west at the intersection or 59 and 182. Turn right/north at 12th Street, then left/west on Lagoon Ave. 1393 will be on the left side

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,000
  • Price Per SqFt: $387/SqFt

Tax Information:

  • Annual Amount: $3,166
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Gulf Shores, AL.

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Gulf Shores, AL

City

Med. Sold Price

$443.1K

Med. Price/SqFt

$310

Avg. Days On Market

53

# of Sold Homes

113

1393 W Lagoon Ave vs Gulf Shores

224 DAYS ON ROCKET

+171 Days

$999,000

+$555.8K More

$387/SqFt

+$77 More

KEY TAKEAWAY

This property is $555.8K more than the Median Sold Price and $77/SqFt more than other homes in Gulf Shores, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Baldwin County
  • MLS Number: #352159

Listing Office:

  • Office Name: World Impact Real Estate
  • Office Phone: (251) 233-7462
  • Listing Agent: Gigi Smith

IDX Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2024, 6:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 19, 2018Home Sold
$420,000
May 27, 2004Home Sold
$265,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,166$93,940
2019$2,452$74,320
2018$1,791$53,160
2017$1,769$52,560

History based on county public records data.

Payment Calculator

$5,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,062

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7319131
8
/10

  • Gulf Shores Elementary School

  • 1600 E 3rd St

  • 3.28 miles

  • Public District Grades PK-6

Middle School

school-card-donut-7319132
10
/10

  • Gulf Shores Middle School

  • 450 E 15th Ave

  • 3.28 miles

  • Public District Grades 7-8

High School

school-card-donut-7319133
2
/10

  • Gulf Shores High School

  • 600 East 15th Ave

  • 3.49 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,303. Typical income of Gulf Shores, AL residents is between $35k-100k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Alabama›Baldwin County›Gulf Shores›36542›1393 W Lagoon Ave

This home is located at 1393 W Lagoon Ave in Gulf Shores, AL and zip code 36542. This 2,580 square foot home, which was built in 1994, sits on a 0.29 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since September 25, 2023 and is currently priced at $999,000.

Over 3 listings were sold over their listed price in April 2024 in Gulf Shores, AL. In the same period over 86 listings were sold below the listed price and 11 listings were sold for the listed price. The number of homes for sale in Gulf Shores, AL increased by 7.1% between March 2024 and April 2024. In April 2024 median list price was $443,153 and the average listing age was 53 days.

From Rocket Homes Real Estate and based on county public records data.

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