Waterfront Duplex with Two
For Sale
$669,900
120 W 3rd Avenue, Gulf Shores, AL 36542
MULTI_FAMILY - Gulf Shores, AL
Property Size1,280 SF
Price / SF$523.36
Days on Market52
Property Features for 120 W 3rd Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1
Parking features
Carport, Covered
Fireplace
1
Appliances
Dishwasher, Dryer, Range-Electric, Refrigerator, Washer, Cooktop
Subdivision
Venetian Isles
Elementary school
Gulf Shores Elementary
Middle school
Gulf Shores Middle
High school
Gulf Shores
Directions
Take a right onto W 3rd Ave from Hwy 59 in Gulf Shores. The property is the 3rd home on the right. Look for signage.
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)
Legal 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
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Cory Short · License #143201-1
(251) 504-1676
Added: Jun 9
Changed: Jul 27
Last Checked: Jul 30 at 3:06PM
MLS# 397758
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 waterfront duplex includes two separate 2-bedroom, 1-bath units. The property provides direct water access leading out to Little Lagoon, supporting boating and other water activities.
The home is located at 120 W 3rd Avenue in Gulf Shores, with proximity to local dining and shopping.
According to the seller, the duplex underwent extensive renovation 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. Side B is currently leased to a long-term tenant. There is no HOA, and buyers are advised to verify all information during due diligence.
The home is located at 120 W 3rd Avenue in Gulf Shores, with proximity to local dining and shopping.
According to the seller, the duplex underwent extensive renovation 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. Side B is currently leased to a long-term tenant. There is no HOA, and buyers are advised to verify all information during due diligence.
Key Highlights
- Waterfront duplex at 120 W 3rd Ave with direct access to Little Lagoon
- Two 2‑bedroom, 1‑bath units for a total of 4 bedrooms and 2 bathrooms
- Extensively renovated in 2021: new roof (metal) with added insulation and new exterior siding
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
439
Businesses Nearby
Explore this area
Business Placement
Demographics for 36542, AL
16,993
Population
18,551
Households
0.9
Avg Household Size
51
Median Age
38%
College-Educated
95%
High-School Grad
52.0 sq mi
ZIP Area
327
Density / Sq Mi
$74,861
Median Household Income
$35,580
Median Earnings
$1,365
Median Rent
$366,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex offers two 2-bedroom, 1-bath units with direct water access to Little Lagoon.
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 $669,900.
What are key features of this property?
This property features: Waterfront duplex at 120 W 3rd Ave with direct access to Little Lagoon; Two 2‑bedroom, 1‑bath units for a total of 4 bedrooms and 2 bathrooms; Extensively renovated in 2021: new roof (metal) with added insulation and new exterior siding
