Morgantown Beach Side Duplex - This property offers incredible investment opportunity with substantial rental income with each side of the duplex having 4 bedrooms 3 baths with easy access to the beach with amazing gulf views from large balcony. Completely Renovated and updated, including new furniture & flooring, February 2020. 55” TV in living room. Located approx. 120 yards from the waters edge! Dune Walk East & West are raised 1 story duplex. Total of 3300 sq. ft. Sleeps 12 per side. It has two master bedrooms with private baths, the 3rd bedroom shares a large bathroom with the 4th bedroom that has two bunk beds The perfect place for a family vacation or reunion.You will love relaxing on the deck while the kids build sandcastles in the sugar, white sand below. There are two swimming pools and a tennis court in this Gulf Front community of Morgantown.There is plenty of shopping, golf, walking trails, mini-golf, go carts and restaurants nearby. Don't feel like going out to eat? No problem...the kitchen is well equipt with everything you need...or grill outside on the bbq pit and watch the beautiful sunset while relaxing your cares away. So, close your eyes and just imagine yourself on the balcony with the cool, gentle breeze blowing and the tranquil sounds of the ocean waves crashing. Besides...that's what BEACH stands for...Best Escape Anyone Can Have. Buyer to verify all information during due diligence.
**SELLER IS OFFERING 2% SELLER CONCESSIONS WITH ACCEPTABLE OFFER AT CLOSING** Welcome to your private 100ft Gulf-front paradise in the peaceful community of Fort Morgan, Alabama! Nestled along the pristine shores of the Gulf of Mexico, this luxurious vacation rental duplex offers the perfect blend of comfort, convenience, and breathtaking views. With the capacity to accommodate a total of 32 guests, this duplex is an ideal choice for large gatherings or any special occasion. The duplex is situated right on the Gulf-front, providing unobstructed views of the sparkling waters and comes fully furnished! The property is designed as two identical, mirror-image units, each with its own private entrance with6 bedrooms/6.5 bathrooms and a pool on each side. A private boardwalk leads directly to the 100ft private sandy shores, allowing guests easy access to the beach for sunbathing, swimming, and relaxing. Property is currently listed with a management company projected rentals are$350K rental projections. Buyer to verify all information during due diligence.
Discover the ultimate investment haven at the Lagoon! This extraordinary property showcases two houses and an apartment offering a rare chance to capitalize on multiple revenue streams. Nestled along the tranquil Little Lagoon, just a short stroll from a public beach. Featuring versatile spaces and endless potential, the property is ideal for various lifestyle needs. The sellers have thoroughly renovated both homes. Recent upgrades include new metal roofs (end of 2020), new exterior, newer water heaters, HVAC systems, plumbing and electrical. The owners meticulous attention to detail is evident throughout. The luxurious waterfront residences boasts breathtaking sunset views from its wrap around porch. The interior features sleek, contemporary finishes, including appliances, fixtures and flooring and stunning views of the lagoon. Additional features include newer high impact hurricane windows. 2 bedrooms & 2 baths, spacious updated kitchen and dining room. Beneath the waterfront home lies a private apartment, complete with 1 bedroom and 1 bathroom, living area and breakfast nook, offering picturesque views and convenient pier access. The possibilities here are endless. The second home currently operated as an Airbnb showcases two porches with stunning views. The interior features 2 bedroom, 2 baths, two bonus rooms, spacious living room & kitchen. A large dining room with porch access is an additional highlight. The lower level accommodates a laundry area for the current rental property and a substantial storage room which could be repurposed as an additional apartment. The potential for these two homes and apartment is vast. With its million dollar view and prime location this property presents a unique opportunity. Located under 1.5 miles from The Hangout, restaurants and shopping, it is a rare gem. Buyer to verify all information during due diligence.
Gulf Shores is located in Alabama. Gulf Shores, Alabama has a population of 14,712. Gulf Shores is less family-centric than the surrounding county with 19.65% of the households containing married families with children. The county average for households married with children is 29.71%.
The median household income in Gulf Shores, Alabama is $53,048. The median household income for the surrounding county is $64,346 compared to the national median of $69,021. The median age of people living in Gulf Shores is 50 years.
The average high temperature in July is 90 degrees, with an average low temperature in January of 40.8 degrees. The average rainfall is approximately 63.5 inches per year, with 0 inches of snow per year.
