Homes for sale - 1372 W Lagoon Avenue #1380A & 1380B, Gulf Shores, ...

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IXL Real Estate Eastern Shore

ixleasternshore@gmail.com +1(251) 254-2272

$ 1,450,000

Est. payment | -/mo

8 Beds

8 Baths

4,050 SqFt

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$ 1,450,000

Est. payment | -/mo

Save

8 Beds

8 Baths

4,050 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,050 sqft

Price per Sqft $358

Subdivision Laguna Sands

MLS Listing ID 368004

Style Raised Beach

Bedrooms 8

Full Baths 6

Half Baths 2

Construction Status Resale

HOA Fees $1,200/mo

Year Built 2006

Annual Tax Amount $8,000

Lot Size 2.360 Acres

Lot Dimensions 200 x 514

Property Description

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

Location

State AL

County Baldwin

Area Gulf Shores 1

Interior

Interior Features Bunk Room, Ceiling Fan(s), En-Suite, High Ceilings

Heating Electric

Flooring Wood

Fireplace Yes

Appliance Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer

Exterior

Exterior Feature Storage, Outdoor Shower

Parking Features Attached, Double Carport, Three or More Vehicles

Fence Fenced

Pool Community, Association

Community Features BBQ Area, Covered Entry, Fencing, Fishing, Pool - Kiddie, Pool - Outdoor

Utilities Available Gulf Shores Utilities

Waterfront Description Lagoon Front - Building,Public Acc (Wlk <=1/4 Mi)

View Y/N Yes

View Direct Lagoon Front, Pool Area View, Northern View, Southern View

Roof Type Metal

Garage No

Building

Foundation Pilings

Architectural Style Raised Beach

New Construction No

Construction Status Resale

Schools

Elementary Schools Gulf Shores Elementary

Middle Schools Gulf Shores Middle

High Schools Gulf Shores

Others

HOA Fee Include Association Management,Maintenance Grounds,Pest Control,Pool,Recreational Facilities,Reserve Funds,Taxes-Common Area

Ownership Condominium

Listed by Keller Williams AGC Realty - Orange Beach

IXL Real Estate Eastern Shore

Company

+1(251) 254-2272

1372 W Lagoon Avenue #1380A & 1380B Gulf Shores, AL 36542

IXL Real Estate Eastern Shore

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1372 W Lagoon Avenue #1380A & 1380B