6 months on rocket

920 W Lagoon Ave Unit A218, Gulf Shores, AL, 36542

$275,000

Home List Price

$3,266*

Closing Credit

2 Bedrooms
1 Full Bath
600 SqFt
$458/SqFt
Condo

Location

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920 W Lagoon Ave Unit A218, Gulf Shores$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached, Assigned, Covered, Deeded, Parking Lot
Year Built1986
HeatingElectric
CoolingCeiling Fan(s)
WaterfrontDeeded Access, Lagoon
ViewPool, Other
MLS #363048
StatusActive

About 920 W Lagoon Ave Unit A218

Your Next Revenue Generator in Gulf Shores Awaits!This two-bedroom, one-bathroom unit offers an incredible investment opportunity with immense rental revenue potential. Welcome to The Cove Unit A218, where affordability meets profitability!Boasting one of the most competitive price points in the area, this poolside unit is a proven rental powerhouse, primed for your astute investment. With its perfect location just a stone's throw away from the pristine sugar-white beaches of Gulf Shores and nestled alongside Little Lagoon with deeded access, this property offers unparalleled convenience and allure.You and your guests can indulge in the quintessential coastal lifestyle as the proximity to all vacation amenities, activities and essentials are within walking distance. Covered parking, alongside overflow options, ensures hassle-free accommodation for all your guests, while additional perks like a boat ramp and fishing pier on Little Lagoon cater to the water enthusiast.Looking to enhance both equity and rental desirability? Look no further! This two-bedroom, one-bath unit presents a golden opportunity to increase its value with the addition of a second bathroom. Already conveniently stubbed in, this project promises both ease and efficiency, amplifying its appeal to prospective renters.The Cove offers an array of amenities designed to elevate the vacation experience, including a refreshing pool, multiple barbecue stations, a charming picnic gazebo, a fishing pier and a boat launch, ensuring endless hours of leisure and recreation for all.Whether you choose to bask in the coastal charm yourself or capitalize on its undeniable rental potential, The Cove offers a gateway to both personal enjoyment and wealth accumulation. Seize the opportunity! Call today to schedule a viewing of this adorable coastal unit and unlock the doors to your next lucrative investment in Gulf Shores!

Property Details

Property Features

Property Information:

  • Year Built: 1986
  • Stories: 2
  • Living Area: 600 SqFt

Listing Office:

  • Office Name: Goode Realty, LLC
  • Office Phone: (251) 981-2929
  • Listing Agent: Ms.Vicki Griffin

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Ice Maker
  • Flooring Type: Carpet, Tile
  • Interior: Ceiling Fan(s), En-Suite, High Ceilings, Internet, Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Deeded Access, Lagoon
  • View: Pool, Other
  • Exterior: Porch Front, Boat Dock, Boat Ramp

Parking Information:

  • Parking: Attached, Assigned, Covered, Deeded, Parking Lot

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: West onto West Beach Boulevard and veer right after Pier 33. The Cove is on the right at corner of Shoreland. Take right onto Shoreland and park on left adjacent to lagoon and boat ramp. Building A is facing the beach. Take inside stairs to second floor. Unit 218 is facing the pool.

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $458/SqFt

HOA Fees:

  • Amount: $369
  • 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

$474K

Med. Price/SqFt

$315

Avg. Days On Market

16

# of Sold Homes

50

920 W Lagoon Ave Unit A218 vs Gulf Shores

202 DAYS ON ROCKET

+186 Days

$275,000

-$199K Less

$458/SqFt

+$143 More

KEY TAKEAWAY

This property is $199K less than the Median Sold Price and $143/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: #363048

Listing Office:

  • Office Name: Goode Realty, LLC
  • Office Phone: (251) 981-2929
  • Listing Agent: Ms.Vicki Griffin

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: 12/19/2024, 1:20:58 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

$1,809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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-139015
9
/10

  • Gulf Shores Elementary School

  • 1600 E 3rd St

  • 2.16 miles

  • Public District Grades PK-5

school-card-donut-139016
5
/10

  • Swift Elementary School

  • 6330 Bon Secour Hwy

  • 5.04 miles

  • Public District Grades KG-6

school-card-donut-139017
3
/10

  • Florence B. Mathis Elementary School

  • 600 W 9th Ave

  • 9.66 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. Residents of Gulf Shores, AL typically earn between $35k-100k each year. Residents typically live in married, no kids family. 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 are the common housing types 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.

What are the advantages of living in Gulf Shores, AL?

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 essential services in Gulf Shores, AL convenient?

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.

How do Gulf Shores, AL residents get around?

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.

Frequently Asked Questions About 920 W Lagoon Ave Unit A218

What is the listing price of this property?

The listing price of 920 W Lagoon Ave Unit A218 property is $275,000.

What type of property is this?

The property 920 W Lagoon Ave Unit A218 is a condo located in Gulf Shores, Alabama, 36542.

Is this property for sale now?

Active Listing: 920 W Lagoon Ave Unit A218 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 920 W Lagoon Ave Unit A218 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 920 W Lagoon Ave Unit A218 is 600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 920 W Lagoon Ave Unit A218 is 1986.

Rocket Homes›Alabama›Baldwin County›Gulf Shores›36542›920 W Lagoon Ave Unit A218

This home is located at 920 W Lagoon Ave Unit A218 in Gulf Shores, AL and zip code 36542. This 600 square foot home was built in 1986. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 31, 2024 and is currently priced at $275,000.

While more than 1 listings in Gulf Shores, AL in November 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 39 were sold below. The inventory of homes for sale in Gulf Shores, AL between October 2024 and November 2024 increased by 6.1%. The median list price of listings available in November 2024 was $474,083, while the average time on the real estate market was 16 days.

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

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