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4 Beds
4 Baths
2,044 sqft

$705,000

351 E 2nd Avenue, Gulf Shores AL, 36542

Price per sqft$344.91
Built in1952
Property size2,044 sqft
Property typeResidential

Overview

Active

Listed Jan 21, 2026

Updated Jun 24

OVER $55,834 in Rentals ALREADY BOOKED FOR 2026 through April! - Deeded Beach Access. Seller will pay closing costs or will offer a 2/1 buydown. This is a high-performing, numbers-driven short-term rental opportunity in the heart of Gulf Shores. With $105,000 in verified rental income in both 2023 and 2024, this property is delivering an approximate 10% ROI providing immediate forward-looking income and investor confidence. This fully renovated, turn-key 4BR / 3.5BA home sleeps up to 13 guests and is located in one of the very few areas in Gulf Shores that allow short-term rentals—a critical value driver in today’s market. STR Investment Highlights: AGGRESSIVE 10% ROI based on historical performance $105,000 rental history in 2023 & 2024 $20,000 already booked for 2026. Zoned for Short-Term Rental + Commercial or Residential use (RARE) Fully furnished & rental-ready – zero start-up time Fortified Roof (2022) HVAC systems: Up (2018) | Down (2024) Grinder pump replaced in 202427’ Gulf-facing deck + deeded beach access. Positioned within walking distance to the beach, festivals, dining, and entertainment, this property consistently outperforms due to its prime location, guest capacity, and proven income history. Set to provide immediate cash flow, appreciation, and long-term demand stability in one of Alabama’s strongest vacation markets. Aggressively priced. Proven income. Future bookings in place. This is the kind of STR asset that rarely becomes available in core Gulf Shores. Buyer to verify all information during due diligence. All information deemed reliable but not guaranteed. Buyer to verify all information during due diligence. *Seller will pay closing costs or do a 2/1 buydown with an acceptable offer.

$4,690/mo

Est. mortgage payment based on a $705,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
390598

Interior Features

Bedrooms
4
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$4,383
Tax Frequency
Annually
View
Yes

Courtesy of RE/MAX of Orange Beach, Heather Harp

Listing Contact: PHONE: 251-533-6677 

The data relating to real estate for sale on this web site comes in part from the Baldwin County Association of REALTORS.  Real estate listings held by brokerage firms other than PHD Realty are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor PHD Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data on this page was last updated on 6/24/2026.

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