$2,100,000

334 E 24th Avenue, Gulf Shores, AL 36542

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1984
  • Property Lot Size Icon0.69acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 12 hours ago

Property Description

Rare Multi-Use Opportunity in the Heart of Gulf Shores – Waterway Village District OverlayExceptional investment property located in the highly desirable Waterway Village District, just steps from the vibrant heart of Gulf Shores! This unique offering includes five income-producing homes, all currently used as rental properties and eligible for short-term and vacation rental approval under existing overlay zoning.Positioned less than 1/4 mile from top local attractions, including live entertainment, restaurants, boutique ice cream shops, art galleries, and a popular brewery, this walkable neighborhood is undergoing exciting infrastructure improvements—including a new pedestrian bridge over the Intracoastal Waterway and pending approval for golf cart-friendly transportation.This property also offers significant redevelopment potential, with ample room to accommodate multi-use retail, restaurant, condo, or apartment buildings—all aligned with the City of Gulf Shores’ long-term master plan for the area. Whether you're looking to develop, expand a rental portfolio, or operate a live/work concept, this flexible-use property provides unmatched potential in one of Gulf Shores' most dynamic and fast-evolving communities. Buyer to verify all information during due diligence.

Listing Status:
Active
Listing Office:
RE/MAX of Gulf Shores : 251-948-2400
Listing Agent:
Charles Ogletree : 251-978-0121
MLS ID:
380860
  • Appliances: Electric Water Heater
  • Dining: None
  • A/C: Central Air
  • Heating:

This listing courtesy of Charles Ogletree, RE/MAX of Gulf Shores

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

Gulf Shores Elementary School

1600 E 3rd St, Gulf Shores, AL, 36542

Grades PK-5

0.64 miles away

G

Gulf Shores Middle School

450 E 15th Ave, Gulf Shores, AL, 36542

Grades 6-8

0.65 miles away

G

Gulf Shores High School

600 E 15th Ave, Gulf Shores, AL, 36542

Grades 9-12

0.71 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.