8 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.

Med. Sold Price

$444.8K

Med. Price/SqFt

$309

# of Sold Homes

113

1393 W Lagoon Ave vs Gulf Shores

250 DAYS ON ROCKET

$999,000

+$554.1K More

$387/SqFt

+$78 More

KEY TAKEAWAY

This property is $554.1K more than the Median Sold Price and $78/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: 6/2/2024, 7:20:35 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-7135625
8
/10
  • Gulf Shores Elementary School

  • 1600 E 3rd St

  • 3.28 miles

  • Public District Grades PK-6

Middle School

school-card-donut-7135626
10
/10
  • Gulf Shores Middle School

  • 450 E 15th Ave

  • 3.28 miles

  • Public District Grades 7-8

High School

school-card-donut-7135627
2
/10
  • Gulf Shores High School

  • 600 East 15th Ave

  • 3.49 miles

  • Public District Grades 9-12

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. 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

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.

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 5 listings were sold over their listed price in May 2024 in Gulf Shores, AL. In the same period over 79 listings were sold below the listed price and 13 listings were sold for the listed price. The number of homes for sale in Gulf Shores, AL increased by 9.4% between April 2024 and May 2024.

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

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