334 E 24th Avenue, Gulf Shores, AL 36542
Commercial Property
Built in 1984
0.69acre lot
—— car garage
$——/sqft
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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Gulf Shores Elementary School
1600 E 3rd St, Gulf Shores, AL, 36542
Grades PK-5
0.64 miles away
Gulf Shores Middle School
450 E 15th Ave, Gulf Shores, AL, 36542
Grades 6-8
0.65 miles away
Gulf Shores High School
600 E 15th Ave, Gulf Shores, AL, 36542
Grades 9-12
0.71 miles away