Beach Home Investment
1454 Sandy Lane Gulf Shores, AL 36542
1454 Sandy Lane, Gulf Shores, AL, 36542
$689,000
For Sale
$689,000
Well-maintained 4-bedroom beach home with strong rental history.
Property Size2,718 SF
Price / SF$253.50
Days on Market118
Property Features for 1454 Sandy Lane
General Information
- Standard status
- Active
- Size
- 2,718 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2000
Listing Agency
Prickett Properties, LLC
(251) 209-0074
Listed by
Daniel Prickett · License #000082526
(251) 209-0074
Source
Exitrealty
Added: Mar 24 Checked: Jul 19 at 5:10 am
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 Prickett Properties, LLC
Investment Insights
Based on property information with market context.
This listing represents the western half of a well-maintained duplex situated on the second row from the beach in the Dunes Subdivision. The property features sweeping gulf views and a history of consistent rental income, presenting a proven investment opportunity. The home includes four bedrooms and three and a half bathrooms. The master suite has an ensuite bath, and there is a spacious bunk room with sleeping arrangements for seven and an ensuite bath. A queen room offers direct access to a hall bath, and a fourth bedroom with a queen bed is located on the third floor. The interior showcases a soft, peaceful coastal decor and comes fully furnished. The kitchen is equipped with Fantasy Brown marble countertops and ample seating at the bar and kitchen dining table. The living area includes a sofa and sleeper sofa upholstered in durable Perennials and Sunbrella fabrics. Recent upgrades include a new standing seam roof, grinder pump, whole house dehumidifier, and newly replaced decking. There are two gulf-facing decks with low-maintenance plywood dining sets and Adirondack chairs. The community pool is located across the street, and beach access is a short walk away. The property spans 2718 square feet. This house is turn key and ready to generate income now!
Key Highlights
- Strong rental history, proven investment opportunity.
- Enjoy sweeping gulf views from two gulf‑facing decks.
- Well‑maintained 4 bedroom, 3.5 bath home, fully furnished.
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 | $37.5k | $13.80 |
| − Vacancy | −$2.0k | −$0.72 |
| EGI | $35.6k | $13.08 |
| − OpEx | −$10.7k | −$3.92 |
| NOI | $24.9k | $9.16 |
2,718 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$355.6K
$311.1K – $414.9K
NOI $24,891 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$316.5K
$276.9K – $369.2K
NOI $22,154 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$653.6K
$571.9K – $762.6K
NOI $45,754 @ 7.0% cap · market cap 6.64%
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 - Well-maintained 4-bedroom beach home with strong rental history.
Where is this duplex located?
The property is located at 1454 Sandy Lane Gulf Shores, AL.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: Strong rental history, proven investment opportunity.; Enjoy sweeping gulf views from **two gulf‑facing decks.**; Well‑maintained 4 bedroom, 3.5 bath home, fully furnished.