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Waterfront Duplex With Two Units

120 W 3rd Avenue A & B Gulf Shores, AL 36542

120 W 3rd Avenue A & B, Gulf Shores, AL, 36542
$679,900
For Sale
$679,900

Waterfront duplex with two 2-bedroom, 1-bath units and direct water access to Little Lagoon.

Property Size1,280 SF
Price / SF$531.17
Days on Market21

Property Features for 120 W 3rd Avenue A & B

General Information

Standard status
Active
Size
1,280 SF
Property subtype
Multi Family

Building Details

Year Built
1960
Listing agency RE/MAX on the Coast
Listed by Cory Short · License #143201-1
Source Exitrealty
Added: Jul 2 Updated: Jul 20 at 5:14PM Checked: Jul 22 at 9:00AM

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 RE/MAX on the Coast


Investment Insights

Based on property information with market context.

This waterfront duplex includes two separate units, each offering two bedrooms and one bathroom. The property was extensively renovated in 2021, with improvements including a new roof with added insulation underneath, new exterior siding, updated decking and porches, and new HVAC systems and hot water heaters.

The duplex provides direct water access leading out to Little Lagoon. One side (Side B) is currently leased to a long-term tenant. The property is identified as having no HOA, and the buyer is advised to verify all information during due diligence.

With a duplex configuration designed for independent occupancy, the layout supports use as a residential income property with two complete units on-site.

Key Highlights

  • Waterfront duplex with direct water access to Little Lagoon, providing access for boating and jet skis
  • Two units: each is a 2‑bedroom, 1‑bath layout
  • Extensively renovated in 2021, including a new roof with added underneath insulation, new exterior siding, and updated decking/porches

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Auto Parts Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Carpet & Flooring Store (Bike/Boat/Book/etc) Store Butcher Barber Shop Skin Care Clinic Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Waterfront duplex with two 2-bedroom, 1-bath units and direct water access to Little Lagoon.
Where is this duplex located?
The property is located at 120 W 3rd Avenue A & B Gulf Shores, AL.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: Waterfront duplex with direct water access to Little Lagoon, providing access for boating and jet skis; Two units: each is a 2‑bedroom, 1‑bath layout; Extensively renovated in 2021, including a new roof with added underneath insulation, new exterior siding, and updated decking/porches
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