Waterfront Duplex with Lagoon
For Sale
$669,900
120 W 3rd Avenue, Gulf Shores, AL 36542
Residential, Gulf Shores, AL
Property Size1,280 SF
Lot Size0.23 Acres
Price / SF$523.36
Days on Market89
Property Features for 120 W 3rd Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Utility Room, Bedroom 3, Bathroom 1, Laundry Room, Bedroom 1, Bedroom 4
Interior features
Ceiling Fan(s)
Fireplace
1
Appliances
Dishwasher, Refrigerator, Electric Range
Subdivision
Venetian Isles
Lot features
Waterfront
Elementary school
Gulf Shores Elementary
Middle school
Gulf Shores Middle
High school
Gulf Shores High
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
Lot size
0.23 Acres
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
Cooling system
Electric
Water front features
Beach Access, Lagoon, Canal Access
Building Details
Year built
1960
Floors in Building
1
Number of units
2
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 5
Changed: Aug 19
Last Checked: Sep 1 at 8:06AM
MLS# 398821
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 Gulf Shores duplex contains two two-bedroom, one-bath units within 1,280 square feet. The waterfront property provides canal access connecting to Little Lagoon, along with beach access and room for boating and other water activities. Side B is leased to a long-term tenant, while the two-unit layout supports separate occupancy arrangements.
Renovations completed in 2021 included a metal roof with added insulation beneath, exterior siding, decking and porches, HVAC systems, and water heaters. Interior features include tile flooring, ceiling fans, dishwashers, refrigerators, and electric ranges. The property was built in 1960 and sits on 0.2296 acres. It is located near Gulf Shores dining and shopping, including Crico’s and Papa Rocco’s, with no HOA.
Renovations completed in 2021 included a metal roof with added insulation beneath, exterior siding, decking and porches, HVAC systems, and water heaters. Interior features include tile flooring, ceiling fans, dishwashers, refrigerators, and electric ranges. The property was built in 1960 and sits on 0.2296 acres. It is located near Gulf Shores dining and shopping, including Crico’s and Papa Rocco’s, with no HOA.
Key Highlights
- Waterfront duplex with canal access leading to Little Lagoon
- Two 2‑bedroom, 1‑bath units totaling 1,280 square feet
- Side B is leased to a long‑term tenant
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
437
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 - Two two-bedroom, one-bath units offer direct access to a lagoon and canal.
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 with canal access leading to Little Lagoon; Two 2‑bedroom, 1‑bath units totaling 1,280 square feet; Side B is leased to a long‑term tenant
