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Gulf Shores Multi-Use Investment Opportunity

334 E 24th Avenue Gulf Shores, AL 36542

334 E 24th Avenue, Gulf Shores, AL, 36542
$2,100,000
For Sale
$2,100,000

Income-producing homes with redevelopment potential in a prime location.

Days on Market396

Property Features for 334 E 24th Avenue

General Information

Standard status
Active
Property subtype
Commercial/Industrial

Building Details

Year Built
1984
Listing Agency RE/MAX of Gulf Shores
Listed by Charles Ogletree · License #13981-1
Source Exitrealty
Added: Jun 18, 2025 Checked: Jul 17 at 4:18 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 RE/MAX of Gulf Shores


Investment Insights

Based on property information with market context.

This investment property is located in the Waterway Village District of Gulf Shores, and includes five income-producing homes currently used as rental properties. The properties are eligible for short-term and vacation rental approval under existing overlay zoning. Situated less than 1/4 mile from local attractions, including live entertainment, restaurants, ice cream shops, art galleries, and a brewery, the walkable neighborhood is undergoing infrastructure improvements, including a new pedestrian bridge over the Intracoastal Waterway and pending approval for golf cart-friendly transportation. The property offers redevelopment potential to accommodate multi-use retail, restaurant, condo, or apartment buildings, aligned with the City of Gulf Shores’ long-term master plan for the area. This flexible-use property provides potential in one of Gulf Shores' communities. Buyer to verify all information during due diligence.

Key Highlights

  • Prime location in the highly desirable Waterway Village District of Gulf Shores.
  • Five income‑producing homes included, currently used as rental properties.
  • Eligible for short‑term and vacation rental approval under existing zoning.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Parking Lot & Garage Locksmith Storage Facility (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Short term rental property - Income-producing homes with redevelopment potential in a prime location.
Where is this short term rental property located?
The property is located at 334 E 24th Avenue Gulf Shores, AL.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Prime location in the highly desirable Waterway Village District of Gulf Shores.; Five income‑producing homes included, currently used as rental properties.; Eligible for short‑term and vacation rental approval under existing zoning.
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