
508 W 1st Ave Gulf Shores, AL 36542
Estimated payment $3,595/month
Highlights
- Combination Kitchen and Living
- No HOA
- Breakfast Bar
- Gulf Shores Elementary School Rated A-
- Porch
- Tile Flooring
About This Home
BEACH HOUSE - Under $640,000 - $70K+ INCOME! Steps away from the Beach! Location, lifestyle, and lucrative returns—this well-maintained 2-bedroom, 2-bath beach house on West 1st Avenue checks all the boxes! Just across the street from the Gulf with deeded beach access and within walking distance to The Hangout, restaurants, shopping, and entertainment, this property offers the perfect blend of convenience and investment potential.This fully furnished, turnkey rental produces over $70,000 annually in rental income—making it an exceptional income-generating opportunity.Features include:3 spacious bedrooms & 2 full bathroomsOpen floor plan filled with natural lightGranite countertops & stainless steel appliancesCovered front porch + outdoor entertaining areaOutdoor shower and utility/storage roomCovered parking underneath the houseHVAC system & water heater both under 5 years oldExterior painted in 2019Whether you're looking for a high-performing short-term rental, a personal beach escape, or both—this beachside beauty delivers. Enjoy the coastal lifestyle just steps from the sand and minutes from all the action. Buyer to verify all information Buyer to verify all information during due diligence.
Listing Agent
RE/MAX of Orange Beach Brokerage Phone: 251-533-6677 Listed on: 07/23/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,592
Year Built
- Built in 1983
Lot Details
- 6,250 Sq Ft Lot
- Lot Dimensions are 50 x 125
Home Design
- Stilt Home
- Metal Roof
- Piling Construction
- Hardboard
Interior Spaces
- 1,224 Sq Ft Home
- 1-Story Property
- Combination Kitchen and Living
Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Single Vanity
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
Home Security
- Fire and Smoke Detector
- Termite Clearance
Schools
- Gulf Shores Elementary School
- Gulf Shores Middle School
- Gulf Shores High School
Additional Features
- Porch
- Heating Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 6604202000183.000
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 | $2,592 | $78,540 | $35,460 | $43,080 |
2023 | $2,404 | $72,840 | $30,240 | $42,600 |
2022 | $1,770 | $53,640 | $0 | $0 |
2021 | $766 | $43,480 | $0 | $0 |
2020 | $742 | $22,480 | $0 | $0 |
2019 | $729 | $22,100 | $0 | $0 |
2018 | $655 | $19,860 | $0 | $0 |
2017 | $586 | $17,760 | $0 | $0 |
2016 | $547 | $16,580 | $0 | $0 |
2015 | -- | $15,860 | $0 | $0 |
2014 | -- | $16,340 | $0 | $0 |
2013 | -- | $14,040 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/13/2025 08/13/25 | Price Changed | $625,000 | -2.2% | $511 / Sq Ft |
07/23/2025 07/23/25 | For Sale | $639,000 | +31.8% | $522 / Sq Ft |
07/26/2021 07/26/21 | For Sale | $484,900 | 0.0% | $396 / Sq Ft |
07/23/2021 07/23/21 | Sold | $484,910 | 0.0% | $396 / Sq Ft |
06/19/2021 06/19/21 | Pending | -- | -- | -- |
06/15/2021 06/15/21 | For Sale | $484,900 | -- | $396 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $484,910 | Law & Land Title Llc |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $436,000 | New Conventional |
Similar Homes in the area
Source: Baldwin REALTORS®
MLS Number: 382630

APN: 66-04-20-2-000-183.000
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