Gulf Shores, AL Multifamily Properties for Sale

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Orange Beach, AL Bon Secour, AL Foley, AL Elberta, AL Magnolia Springs, AL Pensacola, FL

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Updated: Sep 2

18-Unit Apartment Building

Schoel Lane, Gulf Shores, AL 36542

$2,499,000

15,336 sqft 1.07 AC lot

18‑unit multifamily community with 15,336 square feet of rentable area
1.07‑acre property in Gulf Shores, AL
All units offer a two‑bedroom, one‑bath layout
Approximately 852 square feet per apartment
Laundry hookups, tile flooring, porches, cooktops, and refrigerators

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Updated: Aug 8

Gulf-Front Duplex with Private Beach

3014 Ponce De Leon Court, Gulf Shores, AL 36542

$2,599,000

6,558 sqft

Two‑unit Gulf‑front property totals 6,558 square feet
12 bedrooms and 10 bathrooms, with 6 bedrooms and 5 bathrooms per side
Four master suites in each side of the duplex
Interior renovation completed in 2021
Exterior updates completed in 2025, including siding, soffits, caulking, paint, and deck repairs

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Updated Short-Term Rental Property

1372 W Beach Boulevard, Gulf Shores, AL 36542

$839,000

2,053 sqft 0.29 AC lot

Coastal lodging asset with private baths, balconies, a saltwater pool, and a backyard pickleball court.

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Gulf-Front Furnished Duplex

3014 Ponce De Leon Court A&b, Gulf Shores, AL 36542

$2,599,000

6,558 sqft

Turnkey two-unit property with panoramic Gulf views, direct beach access, and professionally managed rental operations.

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Raised Duplex with Covered Parking

224 W 6th Avenue, Gulf Shores, AL 36542

$889,000

3,600 sqft 0.24 AC lot

Two independent residences offer long-term rental use, flexible living arrangements, and convenient access to Gulf Shores beaches, dining, and shopping.

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Gulf-Front Duplex with Outdoor Living

1201 W Beach Boulevard, Gulf Shores, AL 36542

$2,399,000

3,710 sqft 0.41 AC lot

Elevated duplex with two three-bedroom residences, covered parking, and storage beneath the home.

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Gulf-Front Duplex

1449 W Beach Boulevard, Gulf Shores, AL 36542

$1,850,000

2,728 sqft 0.34 AC lot

Two-unit coastal property with six bedrooms, porch space, and unobstructed Gulf views from the beachfront setting.

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Gulf-Front Furnished Duplex

3014 Ponce De Leon Ct Unit A&b, Gulf Shores, AL 36542

$2,599,000

6,558 sqft

Fully furnished two-unit property with private beach access, multiple Gulf-facing decks, and professionally managed rental operations.

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Waterfront Duplex with Lagoon Access

120 W 3rd Avenue, Gulf Shores, AL 36542

$669,900

1,280 sqft 0.23 AC lot

Two two-bedroom, one-bath units offer direct access to a lagoon and canal.

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Updated Duplex with Beach Access

432 Dune Drive, Gulf Shores, AL 36542

$669,000

2,618 sqft 0.17 AC lot

Gated Gulf-side community property with covered parking, boat and RV storage space, and recent interior and exterior improvements.

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Renovated Beachside Duplex

6488 Sawgrass Dr, Gulf Shores, AL 36542

$1,295,000

3,300 sqft

Two updated residences offer Gulf views, private baths, and balcony access near the shoreline.

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Updated Duplex with Beach Access

432 Dune Drive, Gulf Shores, AL 36542

$645,000

2,618 sqft 0.17 AC lot

Two four-bedroom residences offer flexible owner-occupant and rental configurations in a gated coastal community.

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Waterfront Duplex

120 W 3rd Avenue, Gulf Shores, AL 36542

$669,900

1,280 sqft 0.23 AC lot

Renovated two-unit property with lagoon access, covered parking, and no HOA.

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Triplex with Paver Patio

1871 Bay Breeze Pkwy, Gulf Shores, AL 36542

$200,000

3,050 sqft

Three separate residences offer a flexible multifamily configuration with upgraded interior finishes and shaded outdoor gathering areas.

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Updated Triplex with Patio

1871 Bay Breeze Pkwy, Gulf Shores, AL 36542

$200,000

3,050 sqft 0.22 AC lot

Three separate living units include one upstairs residence and two ground-floor apartments.

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Furnished Beachside Duplex

1469 W Lagoon Ave, Gulf Shores, AL 36542

$589,900

1,518 sqft

Three-bedroom coastal residence with covered balconies, outdoor gathering space, and HOA-maintained landscaping.

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Beachfront Short-Term Rental Property

1231 W Beach Boulevard 3, Gulf Shores, AL 36542

$1,525,000

2,475 sqft

Condominium with direct Gulf frontage, a pool, and private parking.

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Short-Term Rental Property with Gulf Views

1454 Sandy Lane, Gulf Shores, AL 36542

$689,000

2,718 sqft 0.19 AC lot

Furnished four-bedroom coastal home with Gulf views, updated systems, two decks, and nearby community pool and beach access.

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Multi-Family

120 W 3rd Avenue A & B, Gulf Shores, AL 36542

$669,900

1,280 sqft

Duplexes · 1,280 SF

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RV Resort Lot with Gazebo

19558 Co Rd 8, Gulf Shores, AL 36542

$149,900

0.09 AC lot

Improved RV site with outdoor amenities, storage, and access to resort facilities near Gulf Shores attractions.

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Duplex with Two 2BR Units

515 W 1st Avenue, Gulf Shores, AL 36542

$725,000

1,920 sqft

Duplex offering two identical 2-bedroom, 1.5-bath units with appliances, in-unit laundry, and off-street parking.

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Shaded RV Resort Lot

19558 Co Rd 8, Gulf Shores, AL 36542

$149,900

0.09 AC lot

Oversized perimeter site with a gazebo, stone grill, storage shed, and established tree cover for outdoor use.

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Beachfront Duplex Income Property

5318 Beach Boulevard, Gulf Shores, AL 36542

$2,650,000

3,996 sqft

Beachfront duplex with direct beach access, offering two 5BR/5BA sides and a private connecting door.

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Deeded Pull-Through RV Lot

19558 County Road 8, Gulf Shores, AL 36542

$127,900

0.05 AC lot

Located near the community pool, clubhouse, and playground in a professionally managed RV resort.

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Gulf Shores, AL Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Gulf Shores, AL, showcased through 42 active listings on our real estate platform. These investment opportunities span a total of 106,013 square feet of properties for sale, with an estimated market value of $32,268,599.

Sale prices for multifamily properties in Gulf Shores, AL start at $69,900, averaging $827,399, and reaching up to $2,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 17K

Population Growth (5Y) +24.4%

Median Household Income $74,861

College Educated 26.7%

High-Yield Neighborhoods for Investment

Identify Gulf Shores submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
36542	$790.1K

Taxes & Financing

Tax Rate (average for all types) 3.27%

Property Tax per SF $54.70 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Baldwin County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Baldwin County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Gulf Shores fall within the 10,000 to 25,000 square foot range.

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Gulf Shores, AL Multifamily Properties for Sale

Schoel Lane, Gulf Shores, AL 36542

3014 Ponce De Leon Court, Gulf Shores, AL 36542

1372 W Beach Boulevard, Gulf Shores, AL 36542

3014 Ponce De Leon Court A&b, Gulf Shores, AL 36542

224 W 6th Avenue, Gulf Shores, AL 36542

1201 W Beach Boulevard, Gulf Shores, AL 36542

1449 W Beach Boulevard, Gulf Shores, AL 36542

3014 Ponce De Leon Ct Unit A&b, Gulf Shores, AL 36542

120 W 3rd Avenue, Gulf Shores, AL 36542

432 Dune Drive, Gulf Shores, AL 36542

6488 Sawgrass Dr, Gulf Shores, AL 36542

432 Dune Drive, Gulf Shores, AL 36542

120 W 3rd Avenue, Gulf Shores, AL 36542

1871 Bay Breeze Pkwy, Gulf Shores, AL 36542

1871 Bay Breeze Pkwy, Gulf Shores, AL 36542

1469 W Lagoon Ave, Gulf Shores, AL 36542

1231 W Beach Boulevard 3, Gulf Shores, AL 36542

1454 Sandy Lane, Gulf Shores, AL 36542

120 W 3rd Avenue A & B, Gulf Shores, AL 36542

19558 Co Rd 8, Gulf Shores, AL 36542

515 W 1st Avenue, Gulf Shores, AL 36542

19558 Co Rd 8, Gulf Shores, AL 36542

5318 Beach Boulevard, Gulf Shores, AL 36542

19558 County Road 8, Gulf Shores, AL 36542

Gulf Shores, AL Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Residential Income

Property Size Breakdown

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