920 W Lagoon Avenue Unit B201, Gulf Shores, AL 36542

$277,500
2
BD
2
BA
750
SqFt
Sold Price
$277,500
List Price
$280,000
Closing Date
Oct 31, 2023
MLS#
351460
Year Built
1984
Bedrooms
2
Bathrooms
2
Full baths
2
Living Area
750
Acres
0.24
County
Baldwin
Region
Gulf Shores 1
Subdivision
The Cove

Property Description

This incredible investment property is ready to make money for YOU! Your new condo sits on the lagoon AND across the street from the beautiful sugar white beaches of the Gulf of Mexico. This unit is waiting for your creative custom touch to make this your perfect coastal getaway. Whether you are looking to own a beach getaway for personal use or looking for an outstanding investment opportunity, THIS unit fills the bill. Located lagoon side, with deeded access, boat ramp and fishing pier, within walking distance to beach, restaurants, retail and activities makes this a favorite for vacationers. This end unit has lots of natural light, views and nice balcony overlooking the pool. Rental projections based on only 50% occupancy is $28,000/year! Low monthly condo fees, low purchase price along with the outstanding possible rental income makes this property a top pick for an investment! Load up the water toys, fishing gear and beach chairs then head on down to make this your new beach home! Make an appointment to see TODAY! All information provided is deemed reliable, but is not guaranteed and should be independently verified.

Additional Information

Roof
Metal
Acres
0.24
Floors
Carpet, Tile
Lot Description
Corner Lot, Level, Waterfront, Pier
Heating
Electric
Elementary School
Gulf Shores Elementary
Middle School
Gulf Shores Middle
High School
Gulf Shores High
Waterfront Description
Deeded Access, Gulf Accs (Wlk <=1/4 Mi), Lagoon Acc (Wlk <=1/4 Mi)
Stories
2

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Goode Realty, LLC. Selling Office: MarMac Real Estate Coastal.

© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .