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    990 W Lagoon Ave Gulf Shores, AL 36542

    Sponsored
    For Sale
    $1,350,000

    Raised Beach, Duplex - Gulf Shores, AL

    Type:Duplex
    Property size:
    2,587 SF
    Lot size:
    0.31 Acres
    Days on Market:
    148
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 990 W Lagoon Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    5
    APN
    66-04-19-2-000-006.000
    Appliances
    Cooktop, Dishwasher, Range, Range - Electric, Refrigerator, Washer
    Size
    2,587 SF
    Lot size
    0.31 Acres

    Utilities

    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1970
    Floors in Building
    2
    Flooring type
    Wood
    Roof type
    Metal
    Architectural style
    Other

    IXL Real Estate (251) 265-1230

    Listing agent Kristen Alexander (251) 265-1230 License #112912

    Listing date Aug 11, 2025

    MLS# 372583 Listing URL

    Copyright © 2025 Baldwin County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lagoon Front Duplex Investment Opportunity

    This property features two houses and an apartment, presenting an investment opportunity with multiple revenue streams. Located along the Little Lagoon, it is a short walk to a public beach. The property offers versatile spaces and potential for various lifestyle needs. Both homes have been renovated, including new metal roofs installed at the end of 2020, new exteriors, newer water heaters, HVAC systems, plumbing, and electrical systems. The waterfront residence offers sunset views from its wrap-around porch. The interior features contemporary finishes, including appliances, fixtures, and flooring, along with views of the lagoon. Additional features include newer high-impact hurricane windows. The waterfront home includes 2 bedrooms and 2 baths, a spacious updated kitchen, and a dining room. Beneath the waterfront home is a private apartment with 1 bedroom, 1 bathroom, a living area, and a breakfast nook, offering views and pier access. The second home, currently operated as an Airbnb, features two porches with views. The interior includes 2 bedrooms, 2 baths, two bonus rooms, a spacious living room, and a kitchen. A large dining room with porch access is an additional highlight. The lower level accommodates a laundry area for the current rental property and a storage room which could be repurposed as an additional apartment. The property is located under 1.5 miles from The Hangout, restaurants, and shopping. The property has a lot size of 0.31 acres and a living area of 2587 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Guest House Vacation Home Rental Agency

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Gulf Shores
    County
    Baldwin
    State
    Alabama
    Longitude
    -87.709651
    Latitude
    30.246988

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    FAQs

    What type of property is this?
    Duplex - Two homes and an apartment near the beach.
    Where is this duplex located?
    The property is located at 990 W Lagoon Ave Gulf Shores, AL.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: - Multiple Income Streams: Two renovated homes and an apartment offer significant rental potential.; - **Waterfront Location: Situated on Little Lagoon with breathtaking sunset views and pier access, near a public beach.**; - Extensive Renovations: Includes new metal roofs (2020), exterior, water heaters, HVAC systems, plumbing, and electrical.
    (251) 581-5180
    Request Owner's contact information
    990 W Lagoon Ave Gulf Shores, AL 36542
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    Gulf Shores, AL 36542
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    990 W Lagoon Ave Gulf Shores, AL 36542
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