9 months on rocket

359 E 1st Ave, Gulf Shores, AL, 36542

$850,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,064 SqFt
$799/SqFt
House
Schools Nearby

Location

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359 E 1st Ave, Gulf Shores$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1963
HeatingElectric
WaterfrontDeeded Access
MLS #349797
Lot Size0.14 Acres
StatusActive

About 359 E 1st Ave

Charming Gulf Shores Beach Cottage - A Must-See Property! Discover your perfect oasis in Gulf Shores with this charming raised beach cottage located at 359 1st Ave in Gulf Shores. This 3-bedroom, 1 and 1/2 bath home exudes coastal charm with modern updates for comfortable living. Conveniently situated just a short walk away from the public beach, shopping centers, and several restaurants, this property offers the perfect blend of convenience and relaxation. Enjoy deeded beach access, allowing you to indulge in the sun and surf at your leisure. While the property has never been rented, this cottage presents an excellent investment opportunity with impressive annual rental projections of up to $59,000. Whether you're looking for a vacation rental or a permanent residence, this property has the potential to provide a fantastic return on investment. Step inside, and you'll be greeted by a delightful interior featuring hardwood, luxury vinyl plank (LVP), and tile flooring, creating an inviting and low-maintenance living space. The vaulted ceiling adds an open and airy feel, perfect for enjoying the coastal breeze. Fully furnished in a coastal chic style, this home is ready for you to move in and start living the beach life. The well-appointed kitchen comes with all appliances, making meal preparation a breeze. Recent upgrades include new electrical wiring installed in 2022, new PEX pipe plumbing in 2021, and updated windows (all but two replaced) in 2021. The metal roof, installed in 2005, ensures durability and peace of mind for years to come. With no homeowners association, you'll have the freedom to make this property truly your own. Take advantage of the outdoor shower located under the house to rinse off after a day at the beach. Don't miss the opportunity to make this beachside retreat your own. Act fast, as this desirable property won't be available for long! Buyer to verify all information during due diligence.

Property Details

Property Features

Property Information:

  • Architectural Style: Raised Beach
  • Year Built: 1963
  • Stories: 1
  • Living Area: 1,064 SqFt

Listing Office:

  • Office Name: RE/MAX Paradise
  • Office Phone: (251) 948-8000
  • Listing Agent: Jeremy Sullivan

Interior Features

Interior Information:

  • Appliances: Microwave, Electric Range, Refrigerator
  • Flooring Type: Tile, Vinyl, Wood
  • Interior: High Ceilings, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Deeded Access
  • Exterior: Porch, None

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Electric

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: From the intersection of HWY 59 & US HWY 98 in Foley, drive down AL-59 S/S McKenzie Street for 10.7 miles. Turn left onto E 2nd Ave drive 0.2 miles. Turn right onto E 2nd Street. In 322 ft turn left at the 1st cross street onto E 1st Ave. Destination will be on the right in 0.3 miles. 359 E 1st Ave Gulf Shores, AL 36542

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $799/SqFt

Tax Information:

  • Annual Amount: $651
  • 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

359 E 1st Ave vs Gulf Shores

290 DAYS ON ROCKET

+237 Days

$850,000

+$406.8K More

$799/SqFt

+$489 More

KEY TAKEAWAY

This property is $406.8K more than the Median Sold Price and $489/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: #349797

Listing Office:

  • Office Name: RE/MAX Paradise
  • Office Phone: (251) 948-8000
  • Listing Agent: Jeremy Sullivan

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: 5/21/2024, 3:20:36 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

Apr 29, 2014Home Sold
$234,000

Tax History

YEARPROP. TAXASSESSMENT
2020$651$19,720
2019$617$18,700
2018$526$15,960
2017$498$15,100

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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-4717363
8
/10

  • Gulf Shores Elementary School

  • 1600 E 3rd St

  • 1.32 miles

  • Public District Grades PK-6

Middle School

school-card-donut-4717364
10
/10

  • Gulf Shores Middle School

  • 450 E 15th Ave

  • 1.30 miles

  • Public District Grades 7-8

High School

school-card-donut-4717365
2
/10

  • Gulf Shores High School

  • 600 East 15th Ave

  • 1.32 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 $72,000. The majority of Gulf Shores, AL residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Gulf Shores, AL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Gulf Shores, AL?

Gulf Shores offers a diverse array of housing options, with a significant portion of the market dedicated to single-family homes that exhibit a blend of coastal cottage, Mediterranean, and contemporary architectural styles. Condominiums and townhouses are also prevalent, particularly in areas closer to the beach, catering to those seeking a vacation home or investment property. The housing market is dynamic, with new developments and renovations reflecting the area's growth as a desirable coastal destination.

Is Gulf Shores, AL a good place to live?

Gulf Shores is celebrated for its laid-back beach town atmosphere and strong sense of community. The area prides itself on its pristine white sandy beaches and outdoor recreational activities, including the annual Shrimp Festival, which draws visitors and locals alike. The community is also known for its commitment to preserving natural habitats, with several wildlife reserves and state parks that offer a tranquil escape from the more developed areas.

Are things conveniently located in Gulf Shores, AL?

The community is served by a number of public schools, offering educational opportunities from elementary to high school levels, as well as private institutions that cater to various educational needs. Healthcare services are accessible, with facilities providing urgent care, primary care, and specialized medical services. The local library system supports lifelong learning with a range of programs and resources. Retail and dining options are abundant, with many establishments showcasing local seafood and southern cuisine, reflecting the Gulf Shores culture.

What does the transportation in Gulf Shores, AL look like?

Transportation in Gulf Shores includes a mix of private and public options. The Baldwin Regional Area Transit System (BRATS) provides public bus services catering to residents and tourists, with schedules that accommodate peak beach-going times. Ride-sharing services are available, enhancing mobility for those without personal vehicles. The area is bike-friendly, with several trails and dedicated lanes. Major roadways such as State Highway 59 and the Beach Express facilitate travel and commuting, with ongoing improvements to manage the growing traffic demands.

Frequently Asked Questions About 359 E 1st Ave

What is the listing price of this property?

The listing price of 359 E 1st Ave property is $850,000.

What type of property is this?

The property 359 E 1st Ave is a house located in Gulf Shores, Alabama, 36542.

Is this property for sale now?

Active Listing: 359 E 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 359 E 1st Ave are:
Gulf Shores Elementary School: GreatSchools Rating 8/10
Gulf Shores Middle School: GreatSchools Rating 10/10
Gulf 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 $651 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 29, 2014 for $234,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 359 E 1st Ave has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 359 E 1st Ave is 1,064 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 359 E 1st Ave is 1963.

Rocket Homes›Alabama›Baldwin County›Gulf Shores›36542›359 E 1st Ave

This home is located at 359 E 1st Ave in Gulf Shores, AL and zip code 36542. This 1,064 square foot home, which was built in 1963, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 04, 2023 and is currently priced at $850,000.

In April 2024 more than 3 listings in Gulf Shores, AL were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 86 were sold below. 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, listings were on the market for 53 days. During the same period, the median list price in this real estate market was $443,153.

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

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