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    Waterfront Duplex with Lagoon Access Title is generated by Realmo AI

    120 W 3rd Avenue, Gulf Shores, AL 36542

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    For Sale
    $679,900

    MULTI_FAMILY - Gulf Shores, AL

    Property size:
    1,280 SF
    Price / SF:
    $531/SF
    Added:
    Mar 5, 2026
    Days on Market:
    97
    Last Refresh:
    Jun 10 at 2:06 am

    Property Features for 120 W 3rd Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 4, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3
    Parking features
    Covered
    Appliances
    Dishwasher, Range-Electric, Refrigerator
    Standard status
    Active
    APN
    66-04-20-1-000-057.000
    Size
    1,280 SF

    Taxes and HOA fees

    Tax Description
    100 X 100 Lot 6 Blk 4 Venetian Isles Pb4 Pg157 In City Of Gulf Shores Sec 20-T9s-R4e (Qcd)

    Utilities

    Water front features
    Lagoon

    Building Details

    Year built
    1960
    Floors in Building
    1
    Flooring type
    Tile
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Cory Short

    Listing agent Cory Short License #143201-1

    Listing office RE/MAX on the Coast 8158 AL-59, Ste 102, Foley, AL

    Listing date Mar 5, 2026

    MLS# 392874 Listing URL

    Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Waterfront duplex with direct water access to Little Lagoon for boating and jet skis
    • Two units: each has 2 bedrooms and 1 bathroom
    • Extensive renovation in 2021, including new roof (added insulation), new exterior siding, and updated decking/porches
    • New HVACs and hot water heaters installed in 2021
    • No HOA
    • Appliances include dishwasher, electric range, and refrigerator; tile flooring; covered parking

    Overview

    This waterfront duplex at 120 W 3rd Avenue in Gulf Shores includes two separate 2-bedroom, 1-bath units. The property was extensively renovated in 2021, including a new roof with added underneath insulation, new exterior siding, updated decking and porches, new HVAC systems, and new hot water heaters. One side (Side B) is currently leased to a long-term tenant, providing an opportunity for continued rental income while the remaining unit remains available to operate as part of a rental strategy.

    The home offers direct water access leading out to Little Lagoon. The seller’s remarks also indicate the property is minutes from the beach and close to local dining and shopping, including Crico’s and Papa Rocco’s. The listing also notes the property has no HOA, which may simplify owner decision-making.

    For buyers looking for a turnkey residential income option, the combination of two well-defined units, 2021 renovation updates, and existing long-term tenancy on one side can support a variety of operating plans. As with any purchase, buyers should confirm all details during due diligence, including tenant terms and any other factors that may affect ongoing operations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Hair Salon Real Estate Agency Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gulf Shores
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.691099
    Latitude
    30.250771

    FAQs

    What type of property is this?
    Duplex - Renovated two-unit duplex offering direct water access to Little Lagoon and a long-term tenant already in place.
    Where is this duplex located?
    The property is located at 120 W 3rd Avenue Gulf Shores, AL.
    What is the asking price?
    The asking price for this property is $679,900.
    What are key features of this property?
    This property features: Waterfront duplex with direct water access to Little Lagoon for boating and jet skis; Two units: each has 2 bedrooms and 1 bathroom; Extensive renovation in 2021, including new roof (added insulation), new exterior siding, and updated decking/porches
    More about this property
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