2 months on rocket

1372 W Lagoon Ave Unit 1380A & 1380B, Gulf Shores, AL, 36542

$1,450,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
6 Full Baths, 2 Partial
4,050 SqFt
$358/SqFt
Multi

Location

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1372 W Lagoon Ave Unit 1380A & 1380B, Gulf Shores$1,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAttached, Double Carport, Three or More Vehicles
Year Built2006
HeatingElectric
CoolingCeiling Fan(s)
WaterfrontLagoon
ViewLagoon, Pool, Other
MLS #368004
Lot Size2.36 Acres
StatusActive

About 1372 W Lagoon Ave Unit 1380A & 1380B

Here's your chance to own both sides of this little lagoon front duplex located in a prime Gulf Shores location. Laguna sands consist of 4 standalone duplex buildings with shared amenities such as pool, baby pool, hot tub, & pier/boat dock on Little Lagoon. This building is the only one in the complex situated directly pool front, making it the prime building out of the 4 available. The gulf and beautiful white sand beaches are only a short walk making this property a best of both worlds situation. Spend the day at the beach, come back in the evening & fish off the pier for dinner, or kayak the Lagoon to enjoy the tranquility! Ea. unit has 4 bedroom and 3.5 baths with the primary bedroom on the main level. Upstairs you will find a split bedroom plan with a bunkroom between the two. The two upper north and south bedrooms each have private balconies off the room. The upper balcony on the south side with views of the gulf, while the northern side of each unit has balconies on each level overlooking the Lagoon and property amenities. Each bedroom space is LARGE! Plenty of space, plenty of storage, and in some of the rooms, there is even additional pull out bedding due to the tremendous amount of space offered. The beautiful wood floors throughout each unit and rare in this area & add to the charm of these beautifully decorated beachy duplex units. Many updates have been completed, leaving the new owner with little to worry about! New appliances and one HVAC, as well as constant upkeep & maintenance on decor or any needed rental supplies to make this a well-stocked and kept rental. Fantastic Net income in 2023 of $125k, and 135k this year despite the trending lower rents of 2024. This is a unique situation and a great opportunity for someone to own both sides and take advantage of large group rentals with 8 total bedrooms, &/or use one side and rent the other while enjoying a bounty of amenities, and a location that can't be beat! See MLS 353981 for single side listing

Property Details

Property Features

Property Information:

  • Architectural Style: Raised Beach
  • Year Built: 2006
  • Living Area: 4,050 SqFt

Listing Office:

  • Office Name: Keller Williams AGC Realty - Orange Beach
  • Office Phone: (251) 609-4434
  • Listing Agent: Alisha Hileman

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Flooring Type: Wood
  • Interior: Bunk Room, Ceiling Fan(s), En-Suite, High Ceilings

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 6
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Waterfront: Lagoon
  • View: Lagoon, Pool, Other
  • Exterior: Storage, Outdoor Shower, Porch/Covered, Porch, Patio, Porch Front

Parking Information:

  • Parking: Attached, Double Carport, Three or More Vehicles

Lot Features

Lot Information:

  • Lot Size: 2.36 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: Heading West on Lagoon Ave, you will find units 1380A & B on the right. It is the blue bldg. Use 1380 in your GPS instead of 1372 has been found to be helpful.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,450,000
  • Price Per SqFt: $358/SqFt

HOA Fees:

  • Amount: $1200
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Gulf Shores, AL.

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Gulf Shores, AL

City

Med. Sold Price

$473.1K

Med. Price/SqFt

$310

Avg. Days On Market

3

# of Sold Homes

77

1372 W Lagoon Ave Unit 1380A & 1380B vs Gulf Shores

62 DAYS ON ROCKET

+59 Days

$1,450,000

+$976.8K More

$358/SqFt

+$47 More

KEY TAKEAWAY

This property is $976.8K more than the Median Sold Price and $47/SqFt more than other homes in Gulf Shores, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Baldwin County
  • MLS Number: #368004

Listing Office:

  • Office Name: Keller Williams AGC Realty - Orange Beach
  • Office Phone: (251) 609-4434
  • Listing Agent: Alisha Hileman

IDX Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$8,504

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,414

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-650580
9
/10

  • Gulf Shores Elementary School

  • 1600 E 3rd St

  • 3.19 miles

  • Public District Grades PK-5

school-card-donut-650581
5
/10

  • Swift Elementary School

  • 6330 Bon Secour Hwy

  • 4.90 miles

  • Public District Grades KG-6

school-card-donut-650582
3
/10

  • Florence B. Mathis Elementary School

  • 600 W 9th Ave

  • 9.88 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,303. The majority of Gulf Shores, AL residents have income between $35k-100k annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Gulf Shores, AL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Gulf Shores, AL?

Gulf Shores offers a diverse array of housing options, with a significant portion of the market dedicated to single-family homes that exhibit a blend of coastal cottage, Mediterranean, and contemporary architectural styles. Condominiums and townhouses are also prevalent, particularly in areas closer to the beach, catering to those seeking a vacation home or investment property. The housing market is dynamic, with new developments and renovations reflecting the area's growth as a desirable coastal destination.

Is Gulf Shores, AL a good place to live?

Gulf Shores is celebrated for its laid-back beach town atmosphere and strong sense of community. The area prides itself on its pristine white sandy beaches and outdoor recreational activities, including the annual Shrimp Festival, which draws visitors and locals alike. The community is also known for its commitment to preserving natural habitats, with several wildlife reserves and state parks that offer a tranquil escape from the more developed areas.

Are things conveniently located in Gulf Shores, AL?

The community is served by a number of public schools, offering educational opportunities from elementary to high school levels, as well as private institutions that cater to various educational needs. Healthcare services are accessible, with facilities providing urgent care, primary care, and specialized medical services. The local library system supports lifelong learning with a range of programs and resources. Retail and dining options are abundant, with many establishments showcasing local seafood and southern cuisine, reflecting the Gulf Shores culture.

What does the transportation in Gulf Shores, AL look like?

Transportation in Gulf Shores includes a mix of private and public options. The Baldwin Regional Area Transit System (BRATS) provides public bus services catering to residents and tourists, with schedules that accommodate peak beach-going times. Ride-sharing services are available, enhancing mobility for those without personal vehicles. The area is bike-friendly, with several trails and dedicated lanes. Major roadways such as State Highway 59 and the Beach Express facilitate travel and commuting, with ongoing improvements to manage the growing traffic demands.

Rocket Homes›Alabama›Baldwin County›Gulf Shores›36542›1372 W Lagoon Ave Unit 1380A & 1380B

This home is located at 1372 W Lagoon Ave Unit 1380A & 1380B in Gulf Shores, AL and zip code 36542. This 4,050 square foot home, which was built in 2006, sits on a 2.36 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $1,450,000.

While more than 2 listings in Gulf Shores, AL in October 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 59 were sold below. The number of listings in Gulf Shores, AL increased by 9.9% between September 2024 and October 2024. The median list price of listings available in October 2024 was $473,151, while the average time on the real estate market was 3 days.

From Rocket Homes Real Estate and based on county public records data.

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