Ground-Floor 2BR
1232 E Hummingbird Lane Gulf Shores, AL 36542
1232 E Hummingbird Lane, Gulf Shores, AL, 36542
$230,000
For Sale
$230,000
SINGLE_FAMILY - Gulf Shores, AL
Property Size1,341 SF
Price / SF$171.51
Days on Market90
Property Features for 1232 E Hummingbird Lane
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
- Parking features
- Carport
- Appliances
- Range-Electric, Refrigerator, Stack Washer/Dryer
- Standard status
- Active
- APN
- 67-06-06-0-006-007.000.906
- Size
- 1,341 SF
Taxes and HOA fees
- Tax Description
- UNIT 202 OYSTER BAY VILLAGE CONDO GR SEC 6-T9S-R3E
Utilities
- Water front features
- Lagoon
- Water front
- 1
Building Details
- Year built
- 1984
- Floors in Building
- 1
- Flooring type
- Carpet, Tile
- Roof type
- Metal
- Architectural style
- Other
Listing Agency
EXP Realty Seaside
(251) 279-0099
27075 Marina Rd, Orange Beach, AL
Listed by
Angelo DePaola · License #101339
(251) 279-0099
Added: Apr 21 Checked: Jul 19 at 7:06 am
MLS# 395474
Listing URL
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 well-maintained ground-floor condo offers a functional single-level layout with two bedrooms and two full bathrooms. The home includes a generous living area with a dedicated dining space, plus a bright kitchen with an electric range, refrigerator, and ample cabinetry. A versatile den provides additional flex space, and both bedrooms include en-suite baths. The primary suite features a walk-in closet. Completing the interior are a stacked washer and dryer, along with interior and exterior storage. A screened-in back porch adds outdoor comfort.
Located within Oyster Bay Village, a 55+ community, the property includes assigned covered parking and access to community amenities. Residents can enjoy an indoor pool, clubhouse, fitness room, fishing pier, gazebo, game room, and community library.
The community also provides deeded water access with nearby bay and lagoon access. Buyer to verify all information during due diligence.
Located within Oyster Bay Village, a 55+ community, the property includes assigned covered parking and access to community amenities. Residents can enjoy an indoor pool, clubhouse, fitness room, fishing pier, gazebo, game room, and community library.
The community also provides deeded water access with nearby bay and lagoon access. Buyer to verify all information during due diligence.
Key Highlights
- Ground‑floor 2BR/2BA condo with single‑level layout and 1,341 SF of living space
- Both bedrooms have en‑suite baths; primary suite includes a walk‑in closet
- Bright kitchen with electric range, refrigerator, and ample cabinetry
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.9k | $15.60 |
| − Vacancy | −$1.0k | −$0.78 |
| EGI | $19.9k | $14.82 |
| − OpEx | −$8.9k | −$6.67 |
| NOI | $10.9k | $8.15 |
1,341 SF · lease $15.60/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$156.1K
$136.6K – $182.2K
NOI $10,930 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$322.5K
$282.2K – $376.2K
NOI $22,574 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Ground-floor 2-bedroom, 2-bath condo with screened porch, den, and assigned covered parking in Oyster Bay Village.
Where is this single family property located?
The property is located at 1232 E Hummingbird Lane Gulf Shores, AL.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Ground‑floor 2BR/2BA condo with single‑level layout and 1,341 SF of living space; Both bedrooms have en‑suite baths; primary suite includes a walk‑in closet; Bright kitchen with electric range, refrigerator, and ample cabinetry
