Furnished Cottage with Private
5601 State Highway 180 Gulf Shores, AL 36542
New
5601 State Highway 180, Gulf Shores, AL, 36542
$330,000
For Sale
$330,000
SINGLE_FAMILY - Gulf Shores, AL
Property Size1,135 SF
Price / SF$290.75
Days on Market4
Property Features for 5601 State Highway 180
General Information
- Property type
- Residential
- Property subtype
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2
- Parking features
- On Street
- Appliances
- Dishwasher, Dryer, Microwave, Range-Electric, Refrigerator w/Ice Maker, Washer
- Standard status
- Active
- APN
- 69-07-25-0-000-002.006.946
- Size
- 1,135 SF
Building Details
- Year built
- 2005
- Floors in Building
- 1
- Flooring type
- Wood, Tile
- Roof type
- Metal
- Architectural style
- Other
Listing Agency
Engel and Volkers Gulf Shores
(251) 304-9520
4780 Wharf Parkway East F105, Fairhope, AL
Listed by
Joe Emerson · License #120179-1
(251) 550-9021
Added: Jul 15 Checked: Jul 18 at 8:06 pm
MLS# 399452
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.
Welcome to Rookery 2601, a fully furnished cottage featuring 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, and a gooseneck faucet, along with newer appliances. Comfort upgrades include a newer HVAC heat pump system and water heater, ceiling fans in every room, upgraded blinds, and high-speed satellite internet. Additional included items are newer TVs, a water filtration system, and bed bug-protected mattress covers.
Outside, enjoy a private front patio shaded by a mature palm tree. The property also includes a golf cart charging station, an approved outdoor storage building, and hurricane shutters for every window. A Ring doorbell is installed, and the home offers spacious owner’s closets for secure storage.
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.
Outside, enjoy a private front patio shaded by a mature palm tree. The property also includes a golf cart charging station, an approved outdoor storage building, and hurricane shutters for every window. A Ring doorbell is installed, and the home offers spacious owner’s closets for secure storage.
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
- 2005‑built cottage with wood flooring in living areas and bedrooms, plus custom tile flooring in the bathrooms
- Kitchen includes Corian countertops, oak cabinetry, ceramic tile backsplash, and newer appliances (range, refrigerator w/ ice maker, microwave, dishwasher)
- Newer HVAC heat pump system and water heater, with ceiling fans in every room
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 | $17.7k | $15.60 |
| − Vacancy | −$885 | −$0.78 |
| EGI | $16.8k | $14.82 |
| − OpEx | −$7.6k | −$6.67 |
| NOI | $9.3k | $8.15 |
1,135 SF · lease $15.60/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$132.2K
$115.6K – $154.2K
NOI $9,251 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
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
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Fully furnished cottage with wood and custom tile flooring, newer HVAC and water heater, and a private front patio.
Where is this single family property located?
The property is located at 5601 State Highway 180 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: 2005‑built cottage with wood flooring in living areas and bedrooms, plus custom tile flooring in the bathrooms; Kitchen includes Corian countertops, oak cabinetry, ceramic tile backsplash, and newer appliances (range, refrigerator w/ ice maker, microwave, dishwasher); Newer HVAC heat pump system and water heater, with ceiling fans in every room
