1275 W Lagoon Avenue $1,495,000

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    1275 W Lagoon Avenue Gulf Shores, AL 36542

    • 6 Beds
    • 6 Baths
    • 3,000 sq. ft.
    • Single-Family
    • MLS# 351849
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    Views: 17 Days On Site: 7

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    Property Details

    Just completed unique designed top and bottom duplex with saltwater pool and elevator. Vaulted ceilings in the top floor unit with awesome views of the gulf from the kitchen/living room combo. Tiled throughout with beautiful kitchen and bath designs featuring large walk-in showers. Property is being sold unfurnished at this time. Large balconies overlooking the pool and the Gulf of Mexico to the south and the lagoon from the north facing side. Built by Tom Martin Homebuilders - awesome rental investment with owner financing with 25% and a 3-year balloon. The duplex can be rented as two separate 3-bedroom 3 bath units or as a 6-bedroom 6 bath house. This is a must see for the investment minded buyer.

    • General Features
      • Area Gulf Shores 1
      • Bathrooms 6
      • Bedrooms 6
      • Community Features None
      • Full Bathrooms 6
      • Half Bathrooms 0
      • Listing Terms Cash, Conventional, Owner Will Carry
      • Property Sub Type Duplex
      • Subdivision Name Gulf Shores
    • Building Features
      • Appliances Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer
      • Construction Materials Hardboard, Wood Frame, Fortified-Gold
      • Flooring Tile
      • Foundation Details Pilings
      • Furnished Unfurnished
      • Heating Electric
      • Roof Metal
    • Room Features
      • Bedroom 2 Area 180
      • Bedroom 2 Length 15
      • Bedroom 2 Level Main
      • Bedroom 2 Width 12
      • Bedroom 3 Area 144
      • Bedroom 3 Length 12
      • Bedroom 3 Level Main
      • Bedroom 3 Width 12
      • Bedroom 4 Area 180
      • Bedroom 4 Length 15
      • Bedroom 4 Level Main
      • Bedroom 4 Width 12
      • Bedroom 5 Area 180
      • Bedroom 5 Length 15
      • Bedroom 5 Level Main
      • Bedroom 5 Width 12
      • Kitchen Area 150
      • Kitchen Length 15
      • Kitchen Level Main
      • Kitchen Width 10
      • Master Bedroom Area 180
      • Master Bedroom Length 12
      • Master Bedroom Width 15
      • Room Master Bedroom Level Main
    • Property Features
      • Boat Facilities None
      • Exterior Features Storage, Termite Contract
      • Lot Features Less than 1 acre
      • Parking Features None
      • Pool Features In Ground
      • Utilities Gulf Shores Utilities
      • View Indirect Gulf Side, Indirect Lagoon-Across Rd
    • Schools
      • custom elem Gulf Shores Elementary
      • custom high Gulf Shores High

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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

    $387,000 Median Sales Price
    129 Homes Sold
    205 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: $1,495,000
        9/18/2023 9:15:00 AM New in Database Source: Multiple Listing Service New Value: $1,495,000

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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.