3 months on rocket

15777 E Renee Marie Dr, Gulf Shores, AL, 36542

$375,000

Home List Price

$4,453*

Closing Credit

6 Bedrooms
3 Full Baths
2,574 SqFt
$146/SqFt
Multi

Location

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15777 E Renee Marie Dr, Gulf Shores$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingSee Remarks, Three or More Vehicles
Year Built2004
HeatingElectric
CoolingCeiling Fan(s)
FireplaceNone
ViewOther
MLS #365599
Lot Size0.74 Acres
StatusActive

About 15777 E Renee Marie Dr

CALLING ALL INVESTORS LOOKING FOR A DEAL! Sellers are open to OWNER FINANCING! Own not one, but THREE RENTAL HOUSES on a spacious 150 x 218 lot in Gulf Shores. Located directly behind Dollar General, Chevron, Fresh Market Seafood, Beach Bums Coffee & Deli, and Plane Sudz Laundromat on Ft Morgan Rd! Mo's Landing Park & Boat Launch on Little Lagoon and the public beach access on Mobile St are only a few minutes away! House "A" recently experienced a kitchen fire and has undergone a complete gutting in the kitchen. It is currently vacant. Prior to the tenant moving out, the combined monthly gross income for all three properties was $2,750, totaling an annual income of over $33,000 with the opportunity to easily earn more. The same renters have been leasing these homes for over 5 years at same amount. House "A," constructed in 2004, offers approximately 864 square feet of living space, 2 bedrooms and 1 bathroom, and spacious screen porch. HVAC age: 2019. Rents for $975 and has septic tank. House "B" was relocated to the property in 1985 and offers around 868 square feet of living space with 1 bedroom and a loft being used as a second bedroom, along with 1 bathroom, this home rents for $900 per month and is on city sewer. HVAC replaced two years ago. House "C" is currently rented for $950 per month and is on city sewer. This original 1985 house offers 768 square feet of living space, featuring 2 bedrooms & 1 bathroom. HVAC replaced two years ago. All 3 houses have access to city water, central heating and air, & separate utility meters. The utility sheds on the property are fully plumbed for washers and dryers, providing added convenience for tenants. Additionally, the houses have undergone renovations & rent very easily. Lot is approximately 0.74 acres with majestic Live Oaks & large common areas. Continue to rent all THREE houses or live in one while the rental income pays your expenses! Please do not access the property without an agent present & permission. Buyer to

Property Details

Property Features

Property Information:

  • Year Built: 2004
  • Stories: 1
  • Living Area: 2,574 SqFt

Listing Office:

  • Office Name: Coastal Leaders Realty Group
  • Office Phone: (251) 589-7815
  • Listing Agent: Gloria Crump

Interior Features

Interior Information:

  • Appliances: Electric Range
  • Flooring Type: Laminate, Tile
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Porch

Parking Information:

  • Parking: See Remarks, Three or More Vehicles

Lot Features

Lot Information:

  • Lot Size: 0.74 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Head West on Highway 180 approx. 5 miles. Turn right onto Meeker Lane in between the Chevron Gas Station, and strip mall with Plane Sudz Laundromat. Renee Marie Dr is on the left directly behind the gas station.

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $146/SqFt
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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

15777 E Renee Marie Dr vs Gulf Shores

116 DAYS ON ROCKET

+113 Days

$375,000

-$98.1K Less

$146/SqFt

-$165 Less

KEY TAKEAWAY

This property is $98.1K less than the Median Sold Price and $165/SqFt less 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: #365599

Listing Office:

  • Office Name: Coastal Leaders Realty Group
  • Office Phone: (251) 589-7815
  • Listing Agent: Gloria Crump

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

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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-649411
9
/10

  • Gulf Shores Elementary School

  • 1600 E 3rd St

  • 4.68 miles

  • Public District Grades PK-5

school-card-donut-649412
5
/10

  • Swift Elementary School

  • 6330 Bon Secour Hwy

  • 4.73 miles

  • Public District Grades KG-6

school-card-donut-649413
3
/10

  • Florence B. Mathis Elementary School

  • 600 W 9th Ave

  • 9.94 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 $76,739. Typical income of Gulf Shores, AL residents is between $35k-100k annually. Most families are married, no kids. Typical level of education for residents 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›15777 E Renee Marie Dr

This home is located at 15777 E Renee Marie Dr in Gulf Shores, AL and zip code 36542. This 2,574 square foot home, which was built in 2004, sits on a 0.74 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $375,000.

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 homes for sale in Gulf Shores, AL increased by 9.9% between September 2024 and October 2024. In October 2024, listings were on the market for 3 days. During the same period, the median list price in this real estate market was $473,151.

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

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