PRICE DROP!!! CURRENT January 2023 written Appraisal at $715,000! INSTANT EQUITY! CASH BUYER needed and must close by 3/24/23. Seller has a Reverse 1031 tax deferred exchange in place and needs closing by March 24 for capital gains reasons. DEEDED community BEACH ACCESS and separate GRANDFATHERED GUEST QUARTERS. Sleeps 12 in beds and that's not counting a sleeper sofa. If your idea of a beach home is capturing an era of coastal life lived at a slower pace with more substance, you'll want to put this home on your list. Tucked behind the trees and dunes on a low flood risk lot of Zone X for lower insurance costs and NOT in the COBRA zone (according to a local insurance inquiry) this property offers one of the best insurance ratings & chance of lowest insurance costs in this area! A total of FOUR BEDROOMS each having its own private bathroom in TWO LIVING SPACES under one roof! TWO KITCHENS, TWO LIVING ROOMS, TWO Bedrooms up, and the other TWO bedrooms downstairs. Outside staircase only. Live in one and rent out the other! Built in 1980 as a 2 bedroom, 2 bath home with 1080 sf, the downstairs addition was City Permitted and completed in 2004 with approximately 936sf of bonus heated and cooled ground floor space with its separate entry. The combined sq footage is approximately 2016sf appraiser measured. Electrical outlets and light switches were updated in 2020, HVAC system replaced in 2020. Septic tank serviced in 2022. Rental income projection through Evolve is over $76K gross. GOLF CART GARAGE with storage space, METAL ROOF, loads of open deck space for sunning and socializing, and so many features you will want to explore. The optional community HOA fee is only $200 A YEAR and provides maintenance of the deeded beach access for all residents and their guests to enjoy. Baldwin EMC electric bills: Low of $85.26 to $293.80. Buyer to confirm all items of importance through due diligence.
Location not available
Listing
Street
Satellite
Exterior Features
Style Raised Beach
Construction Single Family
Siding Vinyl Siding, Wood Siding
Exterior Storage, Termite Contract
Roof Metal
Garage No
Sewer Septic Tank
Lot Description Less than 1 acre, Rolling Slope, Few Trees
Interior Features
Appliances Dishwasher, Dryer, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer, Electric Water Heater
Heating Central
Cooling Central Electric (Cool), Window Unit(s)
Year Built 1980
Neighborhood & Schools
Subdivision Surfside Shores
Elementary School Gulf Shores Elementary
Middle School Gulf Shores Middle
High School Gulf Shores High
Financial Information
Parcel ID 6809300001177
Listing Information
Properties displayed may be listed or sold by various participants in the MLS.