1332 W Lagoon Avenue $1,650,000

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    1332 W Lagoon Avenue Gulf Shores, AL 36542

    • 6 Beds
    • 6 Baths
    • 3,540 sq. ft.
    • Single Family
    • MLS# 332611
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    Views: 11 Days On Site: 11

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    Property Details

    Massive income opportunity with this 3500 sq ft duplex located on Little Lagoon and situated only 200 yards from the beautiful Gulf Shores beaches! Designed to be rented as separate units or as a single home, the East and West sides are connected by locking double doors. The home boasts a total of 6 bedrooms and 6 ½ baths, accommodating up to 26 guests! The upstairs of each unit features a Lagoon facing master bedroom with en suite bath, 50' wall mounted TV and private balcony overlooking the pool with exquisite Lagoon views! Both units also have a Gulf facing upstairs bedroom w/bath, wall mounted 50' TV, and are furnished with two queen beds and twin bunks, sleeping 6 comfortably. The downstairs bedrooms of each unit are outfitted with both queen and twin beds. The two kitchens both feature granite counter tops, up to date appliances and breakfast bar with stools. The living areas each offer a pull out sleeper sofa, dining table, large 65' wall mounted TV, with window views and door opening out to the private deck and pool! The East unit includes an additional ½ bath, while the same space is utilized as additional storage in the West unit. This duplex has it all, a true revenue winner!

    • General Features
      • Area Gulf Shores 1
      • Association Fees 0
      • County Baldwin
      • Property Taxes 0.00
      • Property Type Residential Detached
      • Terms of Sale Cash, Conventional
      • Year Built 2004
    • Building Features
      • Appliances Dishwasher, Microwave, Range-Electric, Refrigerator w/Ice Maker
      • Apx Living Area 3,540
      • Full Bathrooms 6
      • Boat Facilities Boat Dock, Water Available, Water Depth (4 ft+), Water Depth (4 ft-)
      • Community Amenities Pool - Outdoor
      • Bedrooms 6
      • Construction Foundation Pilings, Wood Frame
      • Construction Status Resale
      • Floors Tile
      • Furnished Yes
      • Half Bathrooms 0
      • Heat Cooling Central Electric (Cool)
      • Master Bedroom Dimensions 14x14
      • Master Bedroom Level Main Level
      • Property Amenities Ceiling Fan(s), Covered Patio
      • Property Interior Stories 2
      • Roof Metal
      • Style Raised Beach
    • Room Features
      • Kitchen Level Main Level
      • Bedroom 5 Dimensions 14x17
      • Bedroom 5 Level 2
      • Great Room Dimensions 14x20
      • Great Room Level Main Level
      • Kitchen Dimensions 10x11
      • Bedroom 2 Dimensions 14x17
      • Bedroom 2 Level 2
      • Bedroom 3 Dimensions 11x12
      • Bedroom 3 Level 2
      • Bedroom 4 Dimensions 14x14
      • Bedroom 4 Level 2
    • Property Features
      • Apx Acreage 0.4
      • Lot Description Less than 1 acre, Level, Water View, Waterfront, Bulkhead, Pier
      • Lot Size 53x340
      • Utilities Cable TV, Sewage-City, Water-City

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    Neighborhood

    36542 (Gulf Shores) Demographics

    51 Median Age
    198 Population Density (per sq. mile)
    42% College Educated
    $52,214 Estimated Median Income
    4,468 Estimated Total Home Owners
    2,808 Estimated Total Renters
    61% / 39% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    14,937 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $409,000 Median Sales Price
    139 Homes Sold
    172 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,650,000
        6/19/2022 10:58:00 AM New in Database Source: Multiple Listing Service New Value: $1,650,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Baldwin REALTORS® Association. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.