Canal-Front Duplex with Boat
26427 Marina Road Orange Beach, AL 36561
26427 Marina Road, Orange Beach, AL, 36561
$1,299,000
For Sale
$1,299,000
SINGLE_FAMILY - Orange Beach, AL
Property Size5,000 SF
Lot Size0.45 Acres
Price / SF$259.80
Days on Market45
Property Features for 26427 Marina Road
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 3, Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 5, Bathroom 5
- Parking features
- Garage
- Fireplace
- 1
- Appliances
- Dishwasher, Microwave, Range-Gas, Refrigerator w/Ice Maker
- Standard status
- Active
- APN
- 65-02-09-0-001-039.000
- Size
- 5,000 SF
- Lot size
- 0.45 Acres
Building Details
- Year built
- 2008
- Floors in Building
- 3
- Flooring type
- Wood, Tile
- Roof type
- Metal
- Architectural style
- Other
Listing Agency
RE/MAX Paradise
(251) 948-8000
26754 Canal Rd., Gulf Shores, AL
Listed by
Mindy Jones · License #83237-1
(251) 747-0854
Added: Jun 4 Checked: Jul 18 at 4:06 am
MLS# 397703
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.
Investment Insights
Based on property information with market context.
This canal-front duplex is available for purchase as one side or both sides. The east-side unit is described as a spacious residence with hardwood and tile floors, five bedrooms, and five and a half bathrooms, plus a main level featuring a large living room with wet bar, an oversized laundry room, a bedroom, and a full bath. The upper level includes a large primary suite with a soaking tub, separate shower, and dual walk-in closets, along with two additional bedrooms, each with a private bath. A separate lower-level living space includes a kitchen, living room, bedroom, bathroom, and built-in hallway bunk beds with four twin beds. Additional features listed include gas cooktops, gas tankless water heaters, an elevator shaft for future installation, two garage spaces, and heated and cooled storage.
The property is located on a canal and includes a large boat slip and a composite pier with power, with room described as suitable for a pool. The listing notes a 15-night minimum rental. The west side of the duplex is referenced as MLS 397705, and buyers are instructed to verify all information during due diligence.
The property is located on a canal and includes a large boat slip and a composite pier with power, with room described as suitable for a pool. The listing notes a 15-night minimum rental. The west side of the duplex is referenced as MLS 397705, and buyers are instructed to verify all information during due diligence.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.0k | $13.80 |
| − Vacancy | −$3.6k | −$0.72 |
| EGI | $65.4k | $13.08 |
| − OpEx | −$19.6k | −$3.92 |
| NOI | $45.8k | $9.16 |
5,000 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$654.1K
$572.4K – $763.1K
NOI $45,788 @ 7.0% cap · market cap 3.52%
Second Best
Apartment 5plus
$582.2K
$509.4K – $679.3K
NOI $40,755 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,168 @ 7.0% cap · market cap 6.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Canal-front duplex offers an oversized east-side residence with boat slip, composite pier with power, and gas utilities.
Where is this duplex located?
The property is located at 26427 Marina Road Orange Beach, AL.
What is the asking price?
The asking price for this property is $1,299,000.
