This parcel is being sold together with the adjacent parcels Tax ID 43872 & 73737 for a total of 200 front feet on West 1st Ave. The 3 parcels could be combined for development as a PUD or beach business with City approval.
Property Details
Property Features
Listing Office:
Office Name: Malcolm Bond Realty, Inc.
Office Phone: (251) 981-4378
Listing Agent: Malcolm Bond
Exterior Features
Exterior Information:
View: Gulf
Lot Features
Lot Information:
Lot: Other
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: Turn west off Hwy 59 on West First Ave and parcels will be on the right just past the 4 way stop in the 2nd block.
Price Information
Listing Price Info
Price Summary:
List Price: $6,000,000
Tax Information:
Annual Amount: $1,043
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Gulf Shores, AL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$30K
Per Month
Principal & Interest
$29.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$18K
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
8
/10
Gulf Shores Elementary School
1600 E 3rd St
Distance between this listing and this school1.56 miles
Public District Grades PK-6
Middle School
10
/10
Gulf Shores Middle School
450 E 15th Ave
Distance between this listing and this school1.55 miles
Public District Grades 7-8
High School
2
/10
Gulf Shores High School
600 East 15th Ave
Distance between this listing and this school1.66 miles
Public District Grades 9-12
Assigned Schools
8
/10
Gulf Shores Elementary School
1600 E 3rd St
Distance between this listing and this school1.56 miles
Public District Grades PK-6
Nearby Schools
5
/10
Swift Consolidated Elementary School
6330 Bon Secour Hwy
Distance between this listing and this school5.10 miles
Public District Grades PK-6
9
/10
Orange Beach Elementary School
4900 S Wilson Blvd
Distance between this listing and this school8.66 miles
Public District Grades KG-6
Assigned Schools
10
/10
Gulf Shores Middle School
450 E 15th Ave
Distance between this listing and this school1.55 miles
Public District Grades 7-8
Nearby Schools
4
/10
Foley Intermediate School
2000 S Cedar St
Distance between this listing and this school9.43 miles
Public District Grades 5-6
3
/10
Foley Middle School
200 N Oak St
Distance between this listing and this school10.92 miles
Public District Grades 7-8
Assigned Schools
2
/10
Gulf Shores High School
600 East 15th Ave
Distance between this listing and this school1.66 miles
Public District Grades 9-12
Nearby Schools
2
/10
Foley High School
1 Pride Pl
Distance between this listing and this school9.18 miles
Public District Grades 9-12
3
/10
Robertsdale High School
21630 Hwy 59 South
Distance between this listing and this school20.33 miles
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. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 204 W 1st Ave
What is the listing price of this property?
The listing price of 204 W 1st Ave property is $6,000,000.
What type of property is this?
The property 204 W 1st Ave is land located in Gulf Shores, Alabama, 36542.
Is this property for sale now?
Active Listing: 204 W 1st Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 204 W 1st Ave are: Gulf Shores Elementary School: GreatSchools Rating 8/10Gulf Shores Middle School: GreatSchools Rating 10/10Gulf Shores High School: GreatSchools Rating 2/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,043 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 204 W 1st Ave in Gulf Shores, AL and zip code 36542. It has been listed on Rocket Homes since July 05, 2023 and is currently priced at $6,000,000.
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. Between March 2024 and April 2024, Gulf Shores, AL real estate market has seen increase in the number of listings by 7.1%. 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.