655 Morgantown Boulevard new

Gulf Shores,AL 36542

$ 750000

3 Beds

3 Baths

1806 SqFt


Key Details

Property Type Single Family Home

Sub Type Raised Beach

Listing Status Active

Purchase Type For Sale

Square Footage 1,806 sqft

Price per Sqft $415

Subdivision Morgantown

MLS Listing ID 378961

Style Raised Beach

Bedrooms 3

Full Baths 3

HOA Fees $160/mo

Year Built 1993

Annual Tax Amount $2,701

Lot Size 7,640 Sqft

Property Sub-Type Raised Beach

Property Description

Calling all Investors! Looking for a property to accommodate multiple families at one time for strong rental income? This is it! Located in the popular Gulf Front neighborhood of Morgantown in Gulf Shores, this home offers a unique layout! The ground level features a 450sf studio with Kitchen, Murphy Bed & 2 hideaway Twin Beds, Living area and a full Bath. The main level of the home at approx. 1100sf offers a Living Area, Kitchen with Bar & Dining Table, 2 Bedrooms & 2 Bathrooms. The 3rd story of the home features a Crow's Nest at approx. 256sf where you'll enjoy views of the colorful beach community. The owner has currently been renting the Studio only on Airbnb and enjoying the main level & crow's nest for personal use. You could do the same OR rent the entire home for strong rental income! You've got BEACH ACCESS AT THE END OF THE STREET & the neighborhood Pool is only 2 lots down! Neighborhood Amenities include Multiple Beach Access Points, 2 Outdoor Swimming Pools and Tennis Courts. Buyer to verify all information during due diligence.

Location

State AL

County Baldwin

Area Fort Morgan

Interior

Heating Central

Cooling Central Electric (Cool)

Flooring Tile,Vinyl

Exterior

Exterior Feature Storage

Parking Features Three or More Vehicles

Pool Community,Association

Community Features Landscaping,Pool - Outdoor,Tennis Court(s),Water Access-Deeded

Waterfront Description Beach Accs (<=1/4 Mi),Gulf Accs (<=1/4 Mi)

View Y/N Yes

View Southern View,Eastern View

Roof Type Metal

Building

Lot Description Interior Lot,Subdivision

Foundation Pilings

New Construction No

Schools

Elementary Schools Foley Elementary

Middle Schools Foley Middle

High Schools Foley High

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