NOT LISTED FOR SALE

1373 W Beach Blvd Gulf Shores, AL 36542

Estimated Value: $2,503,000 - $6,021,286

14 Beds
12 Baths
6,300 Sq Ft
$710/Sq Ft Est. Value

Last Sold August 12, 2021

Last sale price $2,412,500 $383 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $25,203/month

412 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Community Beach Access
  • Property fronts gulf or ocean
  • Gulf Shores Elementary School Rated A-
  • Beachside
  • In Ground Pool

About This Home

As of August 2021

Enjoy this massive 14 bedroom, 10 full and 2 half bath beach front duplex located in a low density area of Gulf Shores! Each side of this duplex is a 7 bedroom, 5 full and 1 half bath residence which can be rented separately or together. The total house sleeps 40 comfortably with plenty of room both indoors and outside, with a private beach front pool and deck. Endurance is a rental machine with a consistent revenue stream of returning guests. Excellent rental history for several years and 2017 revenue of $280,000 make this a solid investment! This duplex is strategically constructed beyond required code in the event of high winds. Also for sale is Endurance II MLS #271291 and Irie House MLS #271290.

Last Agent to Sell the Property

Stan Szapiel

Caribe Realty, Inc. Listed on: 02/13/2020

Last Buyer's Agent

Joe Pearson

Keller Williams AGC Realty-Da

Keller Williams AGC Realty-Da

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,436

Year Built

  • Built in 2008

Lot Details

  • Property fronts gulf or ocean
  • Beachside

Home Design

  • Duplex
  • Raised Foundation
  • Metal Roof
  • Concrete Fiber Board Siding
  • Piling Construction

Interior Spaces

  • 6,300 Sq Ft Home
  • 3-Story Property
  • Furnished
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Combination Dining and Living Room
  • Gulf Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 14 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • Carport
  • Parking Lot

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights
  • Water access To Gulf or Ocean
  • Covered Patio or Porch

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 67-06-24-3-001-205.000

Community Details

Overview

  • 2 Units

Recreation

  • Community Beach Access
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,436

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Construction Foundation: Pilings
  • Construction Status: Resale
  • Flood Zone: VE
  • Mineral Rights: No Rights
  • Property Amenities: Ceiling Fan(s), Covered Patio, Porch-Open, Pool-Inground (Home)
  • Property Type: Duplex
  • View: Direct Gulf Front, Direct Gulf-Across Rd, Southern View
  • Named Waterfrnt: Yes
  • Parcel Id Tax Id: 67-06-24-3-001-205.000
  • Structure Style: Raised Beach
  • Year Built: 2008
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric, Refrigerator W/Ice Maker
  • Estimated Living Area: 6300
  • Bathrooms: 10
  • Bedroom 2: Dimensions: 15x20, On Level: Main Level
  • Bedroom 3: Dimensions: 15x20, On Level: 2
  • Bedroom 4: Dimensions: 15x20, On Level: 2
  • Bedroom 5: Dimensions: 15x20, On Level: 3
  • Bedrooms: 14
  • Dining Area Type: Lvg/Dng/Ktchn Combo
  • Floors: Carpet, Tile
  • Half Bathrooms: 2
  • Kitchen: Dimensions: 15x10, On Level: Main Level
  • Living Dining: Dimensions: 15x20, On Level: Main Level
  • Master Bed: Dimensions: 15x20, On Level: Main Level
  • Price Per Sq Ft: 382.94
  • Property Interior Stories: 3
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Balcony/Patio, Direct Gulf View-Primary

Exterior Features

  • Body Of Water: Gulf Of Mexico
  • Exterior Finish: Concrete Board
  • Roof: Metal
  • Water Property Type: Beach Accs (Wlk <=1/4 Mi), Beach Side - Building, Deeded Access, Gulf Accs (Wlk <=1/4 Mi), Gulf Front - Building

Garage/Parking

  • Garage Parking: Double Carport, Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric (Cool)
  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Community Amenities: Covered Entry, Pool - Outdoor
  • Condo Building Stories: 3

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Rental Info

  • Furnished: Yes

Tax Info

  • Property Taxes: 7435.5
  • Assessor Parcel Number: 72447

MLS Schools

  • Elementary School: Gulf Shores Elementary
  • HighSchool: Gulf Shores

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Jul 30, 2021
Sold by
Endurance Llc
Bought by
Empson Investments Llc
Seller's Agent
Stan Szapiel
Caribe Realty, Inc.
Buyer's Agent
Joe Pearson
Keller Williams AGC Realty-Da
List Price
$2,800,000
Sold Price
$2,412,500
Premium/Discount to List
-$387,500
-13.84%
Current Estimated Value
$4,471,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,058,929
Avg. Annual Appreciation
15.79%

Purchase Details

Closed on
Apr 1, 2008
Sold by
Graddick Charles A and Graddick Corinne W
Bought by
Endurance Llc

Purchase Details

Closed on
Mar 25, 2008
Sold by
Whiting Wythe L and Whiting Kay M
Bought by
Graddick Charles A and Graddick Corinne W

Purchase Details

Closed on
Jul 8, 2005
Sold by
Kaycor Llc
Bought by
Graddick Charles A and Graddick Corinne W
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Empson Investments Llc $4,825,000 None Available
Endurance Llc -- Slt
Graddick Charles A -- Slt
Graddick Charles A -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2021 08/12/21 Sold $2,412,500 -13.1% $383 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
08/10/2020 08/10/20 Price Changed $2,775,000 -0.9% $440 / Sq Ft
02/13/2020 02/13/20 For Sale $2,800,000 -- $444 / Sq Ft
Source: Baldwin REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $21,591 $654,280 $203,700 $450,580
2023 $25,126 $749,980 $194,880 $555,100
2022 $15,940 $483,040 $0 $0
2021 $12,572 $382,560 $0 $0
2020 $11,790 $356,160 $0 $0
2019 $10,596 $319,940 $0 $0
2018 $7,739 $233,140 $0 $0
2017 $7,494 $225,320 $0 $0
2016 $7,274 $218,000 $0 $0
2015 -- $195,840 $0 $0
2014 -- $185,100 $0 $0
2013 -- $185,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stan Szapiel

    Seller's Agent in 2021

    Stan Szapiel

    Caribe Realty, Inc.

    (251) 747-1232

    8 in this area

    155 Total Sales

    Stan Szapiel
    Section Image
  • Joe Pearson

    Buyer's Agent in 2021

    Joe Pearson

    Keller Williams AGC Realty-Da

    (251) 255-5335

    5 in this area

    24 Total Sales

    Joe Pearson
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 294682

Baldwin REALTORS®

APN: 67-06-24-3-001-205.000

Alabama Baldwin County Gulf Shores 36542

1373 W Beach Blvd, Gulf Shores, AL

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