Waterfront
For Sale
$669,900
120 W 3rd Ave Unit A & B, Gulf Shores, AL 36542
Two-bedroom residences connect to Little Lagoon and include an existing long-term tenancy in Side B.
Property Size1,280 SF
Price / SF$523.36
Days on Market166
Property Features for 120 W 3rd Ave Unit A & B
General Information
Standard status
Active
Size
1,280 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1960
Year Renovated
2021
Buildings
1
Listing Agency:
Real Broker, LLC
Listed By:
Cory Short · License #143201-1
(251) 504-1676
Source:
Southalabamahomesforsale
Added: Apr 22
Changed: Oct 1
Last Checked: Oct 4 at 10:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker, LLC
Investment Insights
Based on property information with market context.
This 1,280-square-foot duplex contains two units, each with two bedrooms and one bathroom. Side B is leased to a long-term tenant. Renovations completed in 2021 included a roof with added underside insulation, new exterior siding, updated decks and porches, HVAC systems, and water heaters.
The property has water access to Little Lagoon for boating and other water activities. The Gulf Shores location is described as minutes from the beach and near local dining and shopping, including Crico's and Papa Rocco's. There is no HOA.
The property has water access to Little Lagoon for boating and other water activities. The Gulf Shores location is described as minutes from the beach and near local dining and shopping, including Crico's and Papa Rocco's. There is no HOA.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,280 square feet
- Water access connects to Little Lagoon
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
437
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-bedroom residences connect to Little Lagoon and include an existing long-term tenancy in Side B.
Where is this duplex located?
The property is located at 120 W 3rd Ave Unit A & B 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: Two units, each with 2 bedrooms and 1 bathroom; 1,280 square feet; Water access connects to Little Lagoon
