AL
Baldwin
Gulf Shores
36542
990 W Lagoon Avenue
990 W Lagoon Avenue, Gulf Shores, AL 36542
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Listing Type
Multi Family
Listing Status
active
83
$1,350,000

Home Details for 990 W Lagoon Avenue

Price
$1,350,000
Type
Residential Income
Bedrooms
5
Bathrooms
5.0
Square feet
2587
Year built
1970
Lot size acres
0.31
County
Baldwin
Garage
Days on site
255
MLS Listing#
372583
Property Description

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.

Property Features
  • House Interior
    • Breakfast Bar
    • Ceiling Fan(s)
    • High Ceilings
    • Storage
    • Vaulted Ceiling(s)
  • Waterfront and Water Access
    • Beach Access
  • Cooling Information
    • Ceiling Fan(s)
  • Heating Information
    • Electric
  • Parking
    • Attached
School Information
School Information for 990 W Lagoon Avenue, Gulf Shores, AL 36542
Elementary School
Gulf Shores Elementary
Middle School
Gulf Shores Middle
High School
Gulf Shores
Listing Courtesy: IXL Real Estate - 251-265-1230
The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Baldwin County Association of REALTORS. Baldwin County MLS deems information reliable but not guaranteed.

The information being provided is 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 or renting.
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Median Square Feet
Market statistics compiled from data from Baldwin County MLS.
EXIT REALTY LANDMARK
316 South McKenzie Street, Suite 100, Foley, AL 36535
Dan & Paula Cramer
License #: 154361
Associate Broker
Office
251 232 7702
Agent
423 237 3356
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