Turnkey Duplex with Gulf
1438 Sandy Lane Gulf Shores, AL 36542
1438 Sandy Lane, Gulf Shores, AL, 36542
$659,900
For Sale
$659,900
SINGLE_FAMILY - Gulf Shores, AL
Property Size2,383 SF
Price / SF$276.92
Days on Market103
Property Features for 1438 Sandy Lane
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 1
- Parking features
- Covered
- Appliances
- Dishwasher, Dryer, Microwave, Range-Electric, Refrigerator w/Ice Maker, Washer
- Standard status
- Active
- APN
- 69-08-01-0-005-008.014-902
- Size
- 2,383 SF
Taxes and HOA fees
- Tax Description
- UNIT B HAVEN ON SANDY LANE CONDO GR SEC 1-T9S-R1E (WD-SURV IVORSHIP)
Building Details
- Year built
- 2000
- Floors in Building
- 2
- Flooring type
- Tile, Vinyl, Carpet
- Roof type
- Composition
- Architectural style
- Other
Listing Agency
1702 Real Estate
(251) 463-3613
127 Dauphin St Suite C, Mobile, AL
Listed by
Tiffany Perkins · License #111363
(251) 264-9550
Added: Apr 8 Checked: Jul 19 at 12:06 am
MLS# 394738
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.
1438 Sandy Lane, Unit B-A is a turnkey duplex home in The Dunes, offered move-in or rental-ready. The property has been well maintained and includes a FORTIFIED roof for added durability, hurricane-rated front windows, and a kitchen equipped with new appliances. Recent exterior updates include new front porch steps (2025) and a refinished back porch (2026). The home is also being offered fully furnished and includes a washer and dryer combo.
The home is positioned next to the neighborhood pool for easy access, and it is directly across the street from Tacky Jacks.
Additional details are available in the agent notes, and the buyer should verify all information during due diligence.
The home is positioned next to the neighborhood pool for easy access, and it is directly across the street from Tacky Jacks.
Additional details are available in the agent notes, and the buyer should verify all information during due diligence.
Key Highlights
- Duplex unit in The Dunes at 1438 Sandy Lane, Unit B‑a, built in 2000
- Gulf views and hurricane‑rated front windows
- Fortified roof (composition) for added durability
Local Financial Insights For Multifamily LT 5
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 | $32.9k | $13.80 |
| − Vacancy | −$1.7k | −$0.72 |
| EGI | $31.2k | $13.08 |
| − OpEx | −$9.4k | −$3.92 |
| NOI | $21.8k | $9.16 |
2,383 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$311.8K
$272.8K – $363.7K
NOI $21,823 @ 7.0% cap · market cap 3.31%
Second Best
Apartment 5plus
$277.5K
$242.8K – $323.7K
NOI $19,424 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$573.1K
$501.4K – $668.6K
NOI $40,114 @ 7.0% cap · market cap 6.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Turnkey unit with fortified roof, hurricane-rated windows, updated kitchen appliances, and furnished interior plus washer/dryer combo.
Where is this duplex located?
The property is located at 1438 Sandy Lane Gulf Shores, AL.
What is the asking price?
The asking price for this property is $659,900.
What are key features of this property?
This property features: Duplex unit in The Dunes at 1438 Sandy Lane, Unit B‑a, built in 2000; Gulf views and hurricane‑rated front windows; Fortified roof (composition) for added durability
