Furnished Residential Income
5601 State Highway 180 2601 Gulf Shores, AL 36542
New
5601 State Highway 180 2601, Gulf Shores, AL, 36542
$330,000
For Sale
$330,000
Other - Gulf Shores, AL
Property Size1,135 SF
Price / SF$290.75
Days on Market5
Property Features for 5601 State Highway 180 2601
General Information
- Property type
- Other
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
- Parking features
- On Street
- Interior features
- Ceiling Fan(s)
- EntryLevel
- 2601
- Exterior features
- Storage
- Appliances
- Dishwasher, Dryer, Microwave, Range, Washer
- Standard status
- Active
- APN
- 6907250000002.006.946
- Size
- 1,135 SF
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Ceiling Fan(s)
Building Details
- Year built
- 2005
- Floors in Building
- 1
- Flooring type
- Tile, Wood
- Roof type
- Metal
- Architectural style
- Other
- Additional Structures
- Storage
Listing Agency
Engel & Völkers Gulf Shores
(251) 304-9520
4780 Wharf Pkwy F-105, Orange Beach, AL
Listed by
Joe Emerson
(251) 304-9520
Added: Jul 15 Checked: Jul 19 at 12:06 am
MLS# 399452
Listing URL
Copyright © 2026 Engel & Völkers. 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 cottage is being sold fully furnished and features wood flooring throughout the living areas and bedrooms, with custom tile flooring in the bathrooms. The kitchen includes Corian countertops, oak cabinetry, a ceramic tile backsplash, a gooseneck faucet, and newer appliances. Recent updates include a newer HVAC heat pump system and water heater, ceiling fans in every room, upgraded blinds, and high-speed satellite internet. Additional in-home features include newer TVs, a water filtration system, and bed bug-protected mattress covers.
The property includes a private front patio shaded by a mature palm tree, plus hurricane shutters for every window. Outside improvements include an approved outdoor storage building and a golf cart charging station. For security and convenience, a Ring doorbell is installed, and the home offers spacious owner’s closets.
Residents of The Rookery have access to community amenities including a zero-entry swimming pool with hot tub, tennis courts, a grilling area, and boat parking. Buyer to verify all information during due diligence.
The property includes a private front patio shaded by a mature palm tree, plus hurricane shutters for every window. Outside improvements include an approved outdoor storage building and a golf cart charging station. For security and convenience, a Ring doorbell is installed, and the home offers spacious owner’s closets.
Residents of The Rookery have access to community amenities including a zero-entry swimming pool with hot tub, tennis courts, a grilling area, and boat parking. Buyer to verify all information during due diligence.
Key Highlights
- Cottage built in 2005 with metal roof and wood and tile flooring throughout living areas and bathrooms
- Newer HVAC heat pump system and newer water heater, plus ceiling fans in every room
- Kitchen includes Corian countertops, oak cabinetry, ceramic tile backsplash, and newer appliances (dishwasher, microwave, range, washer and dryer)
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 | $15.7k | $13.80 |
| − Vacancy | −$814 | −$0.72 |
| EGI | $14.8k | $13.08 |
| − OpEx | −$4.5k | −$3.92 |
| NOI | $10.4k | $9.16 |
1,135 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$148.5K
$129.9K – $173.2K
NOI $10,394 @ 7.0% cap · market cap 3.15%
Second Best
Apartment 5plus
$132.2K
$115.6K – $154.2K
NOI $9,251 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$272.9K
$238.8K – $318.4K
NOI $19,106 @ 7.0% cap · market cap 5.79%
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 - Sold fully furnished with wood flooring, custom tile bathrooms, and updated HVAC, water heater, and kitchen appliances.
Where is this duplex located?
The property is located at 5601 State Highway 180 2601 Gulf Shores, AL.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Cottage built in 2005 with metal roof and wood and tile flooring throughout living areas and bathrooms; Newer HVAC heat pump system and newer water heater, plus ceiling fans in every room; Kitchen includes Corian countertops, oak cabinetry, ceramic tile backsplash, and newer appliances (dishwasher, microwave, range, washer and dryer)
