Waterfront
120 W 3rd Avenue #A & B, Gulf Shores, AL 36542
For Sale
$669,900
The property contains two two-bedroom residences, with one side occupied by a long-term tenant.
Property Size1,280 SF
Price / SF$523.36
Days on Market161
Property Features for 120 W 3rd Avenue #A & B
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
Ceiling Fan(s)
Storage
Building Details
Building Size
Year Built
Year Renovated
Stories
Listing Agency:
Real Broker, LLC
(855) 450-0442
Listed By:
Cory Short · License AL 143201-1
(251) 504-1676
Source:
Karenroserealestate
Added: Jun 5
Changed: Nov 12
Last Checked: Nov 12 at 1:42AM
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
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Investment Insights
Based on property information with market context.
Built in 1960, this 1,280-square-foot duplex contains two units, each configured with two bedrooms and one bathroom. Water access connects the property to Little Lagoon. Side B is leased to a long-term tenant.
Improvements completed in 2021 included a replacement roof with added insulation beneath it, new exterior siding, refreshed decks and porches, HVAC systems, and water heaters. The property is also minutes from the beach and has no HOA.
Improvements completed in 2021 included a replacement roof with added insulation beneath it, new exterior siding, refreshed decks and porches, HVAC systems, and water heaters. The property is also minutes from the beach and has no HOA.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- Water access leading to Little Lagoon
- 1,280 square feet; built in 1960
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
310
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
$366,600
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Gulf Shores, AL
Properties on Market for Duplexes in Gulf Shores
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - The property contains two two-bedroom residences, with one side occupied by a long-term tenant.
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 $669,900.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; Water access leading to Little Lagoon; 1,280 square feet; built in 1960
