
1509 Sandy Ln Unit 1511 Gulf Shores, AL 36542
Fort Morgan NeighborhoodEstimated payment $4,596/month
Highlights
- Deeded Waterfront Access Rights
- Gulf View
- Jetted Tub in Primary Bathroom
- Gated with Attendant
- Wood Flooring
- High Ceiling
About This Home
Seller Offering OWNER FINANCING / LEASE TO OWN / RENT-TO-OWN Options!This huge duplex presents a rare opportunity for flexible ownership — whether you’re looking for a sound investment, a short-term rental property, or a private coastal retreat, this Gulf-adjacent property delivers.Projected rental income exceeds $200,000 annually! With 10 bedrooms and 6 bathrooms total — 5 bedrooms and 3 baths on each side — this property offers spacious accommodations, stunning Gulf views, and privacy in a gated, secluded cul-de-sac community.The interior features an open floor plan with soaring 10’ ceilings, generous living and dining areas, fully equipped kitchens, and convenient layouts with one bedroom and a full bath on the main level, and additional bedrooms (including a luxurious primary suite with a private balcony, garden tub, and separate shower) upstairs.Enjoy easy access to the community pool and a short stroll to the boardwalk leading to pristine white-sand beaches. The Dunes community is nature-friendly and pet-friendly — a perfect combination for residents and guests alike.The seller is willing to sell both sides of the duplex together or individually, offering you maximum flexibility.This is a true turn-key beachside escape, and with owner financing, lease-to-own, or rent-to-own options available, it’s never been easier to make this incredible property yours.Contact us today to learn more or to schedule a tour!To view each side individually, check out these listings:Unit 1509 MLS #377325Unit 1511 MLS #377326Buyer to verify all information during due diligence. Buyer to verify all information during due diligence.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,030
Year Built
- Built in 2002
Lot Details
- 6,935 Sq Ft Lot
- Cul-De-Sac
- Landscaped
HOA Fees
- $208 Monthly HOA Fees
Parking
- 2 Carport Spaces
Home Design
- Duplex
- Slab Foundation
- Metal Roof
- Vinyl Siding
- Piling Construction
- Hardboard
Interior Spaces
- 2,702 Sq Ft Home
- 2-Story Property
- High Ceiling
- Ceiling Fan
- Window Treatments
- Storage
- Gulf Views
- Fire and Smoke Detector
Kitchen
- Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary bedroom located on third floor
- En-Suite Bathroom
- Walk-In Closet
- 3 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Jetted Tub in Primary Bathroom
- Separate Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Deeded Waterfront Access Rights
- Balcony
- Covered Patio or Porch
Schools
- Gulf Shores Elementary School
- Gulf Shores Middle School
- Gulf Shores High School
Utilities
- Heating Available
- Grinder Pump
- Internet Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 6908010005008.008.902
Community Details
Overview
- Association fees include management, ground maintenance, pool
Recreation
- Community Pool
Pet Policy
- Pets Allowed
Security
- Gated with Attendant
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,030 | $143,920 | $0 | $143,920 |
2023 | $3,755 | $134,120 | $0 | $134,120 |
2022 | $2,748 | $98,140 | $0 | $0 |
2021 | $1,731 | $79,820 | $0 | $0 |
2020 | $2,290 | $79,820 | $0 | $0 |
2019 | $2,290 | $79,820 | $0 | $0 |
2018 | $2,363 | $82,420 | $0 | $0 |
2017 | $2,253 | $78,500 | $0 | $0 |
2016 | $2,070 | $71,960 | $0 | $0 |
2015 | $1,960 | $68,040 | $0 | $0 |
2014 | $1,795 | $62,140 | $0 | $0 |
2013 | -- | $52,340 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/10/2025 04/10/25 | For Sale | $749,500 | -- | $277 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $410,000 | None Available | |
Vendors Lien | $360,000 | None Available | |
Quit Claim Deed | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $697,500 | Commercial | |
Closed | $348,500 | New Conventional | |
Previous Owner | $300,000 | Seller Take Back |
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Source: Baldwin REALTORS®
MLS Number: 377326

APN: 69-08-01-0-005-008.008-902
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