920 W Lagoon Avenue Unit A218
Gulf Shores, AL 36542
- 2 beds
- 1 bath
- 600 sqft
- $458 per sqft
- 1986 build
- – on site
Your Next Revenue Generator in Gulf Shores Awaits!This two-bedroom, one-bathroom unit offers an incredible investment opportunity with immense rental revenue potential. Welcome to The Cove Unit A218, where affordability meets profitability!Boasting one of the most competitive price points in the area, this poolside unit is a proven rental powerhouse, primed for your astute investment. With its perfect location just a stone's throw away from the pristine sugar-white beaches of Gulf Shores and nestled alongside Little Lagoon with deeded access, this property offers unparalleled convenience and allure.You and your guests can indulge in the quintessential coastal lifestyle as the proximity to all vacation amenities, activities and essentials are within walking distance. Covered parking, alongside overflow options, ensures hassle-free accommodation for all your guests, while additional perks like a boat ramp and fishing pier on Little Lagoon cater to the water enthusiast.Looking to enhance both equity and rental desirability? Look no further! This two-bedroom, one-bath unit presents a golden opportunity to increase its value with the addition of a second bathroom. Already conveniently stubbed in, this project promises both ease and efficiency, amplifying its appeal to prospective renters.The Cove offers an array of amenities designed to elevate the vacation experience, including a refreshing pool, multiple barbecue stations, a charming picnic gazebo, a fishing pier and a boat launch, ensuring endless hours of leisure and recreation for all.Whether you choose to bask in the coastal charm yourself or capitalize on its undeniable rental potential, The Cove offers a gateway to both personal enjoyment and wealth accumulation. Seize the opportunity! Call today to schedule a viewing of this adorable coastal unit and unlock the doors to your next lucrative investment in Gulf Shores! Buyer to verify all information during due diligence.
Listing courtesy of BCAR / Goode Realty, LLC
Last checked:
Checking…
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Last updated May 31, 2024
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MLS# 363048 —
The Building
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Year Built:1986
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Construction Materials:Wood Siding, Wood Frame
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Structure Type:Condo
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Direction Faces:North
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Entry Level:2
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New Construction:false
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Stories:2
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Levels:Two
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Patio And Porch Features:Front Porch
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Exterior Features:Termite Contract
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Security Features:Smoke Detector(s), Fire Sprinkler System
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Building Area Total:600
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Building Area Units:Square Feet
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Building Area Source:Assessor
Interior
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Furnished:Furnished
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Interior Features:Ceiling Fan(s), En-Suite, High Ceilings, Internet, Vaulted Ceiling(s)
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Kitchen Level:Main
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Dining Room Level:Main
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Living Room Level:Main
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Flooring:Carpet, Tile
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Fireplace:false
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Laundry Features:Main Level
Room Dimensions
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Living Area:600
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Living Area Units:Square Feet
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Living Area Source:Assessor
Location
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Directions:West onto West Beach Boulevard and veer right after Pier 33. The Cove is on the right at corner of Shoreland. Take right onto Shoreland and park on left adjacent to lagoon and boat ramp. Building A is facing the beach. Take inside stairs to second floor. Unit 218 is facing the pool.
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Cross Street:Shoreland Dr
The Property
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Parcel Number:6604194000006.000938
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Property Type:Residential
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Property Subtype:Condominium
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Property Condition:Resale
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View:true
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View:Pool Area View, Northern View
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Property Attached:true
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Waterfront:true
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Waterfront Features:Deeded Access, Gulf Accs (Wlk <=1/4 Mi), Lagoon Front - Building
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Water Body Name:Little Lagoon
Listing Agent
- Contact info:
- Agent phone:
- (251) 978-4387
- Office phone:
- (251) 981-2929
Taxes
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Tax Annual Amount:1663.2
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Tax Legal Description:UNIT A 218 THE COVE CONDO SEC 19-T9S-R4E (WD - SURVIVORSHIP)
Beds
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Bedrooms Total:2
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Bedroom 2 Level:Second
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Master Bedroom Level:Main
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Master Bedroom Features:1st Floor Primary, Walk-In Closet(s)
Baths
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Total Baths:1
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Total Baths:1
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Full Baths:1
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Master Bath Features:Tub/Shower Combo, Single Vanity
Heating & Cooling
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Heating:Electric
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Heating:true
Utilities
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Utilities:Gulf Shores Utilities, Cable Connected
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Electric:Baldwin EMC
Appliances
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Appliances:Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator w/Ice Maker
Schools
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Elementary School:Gulf Shores Elementary
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Middle Or Junior School:Gulf Shores Middle
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High School:Gulf Shores High
The Community
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Subdivision Name:The Cove
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Community Features:BBQ Area, Condo 1-Bdrms in Complex, Condo 2-Bdrms in Complex, Covered Entry, Fishing, Gazebo, Internet, Landscaping, Pool - Outdoor, Water Access-Deeded
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Pool Features:Community, Association
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Pets Allowed:Owners Only
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Association:true
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Association Fee:369
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Association Fee Includes:Association Management, Cable TV, Common Area Insurance, Maintenance Grounds, Pest Control, Recreational Facilities, Reserve Funds, Taxes-Common Area, Trash, Internet, Pool
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Association Fee Frequency:Monthly
Parking
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Garage:false
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Carport:false
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Parking Features:Attached, Assigned, Covered, Deeded, Parking Lot
Monthly cost estimate
Asking price
$275,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,472
|
Taxes | $138 |
Insurance | $75 |
HOA fees | $369 |
Utilities | $112 See report |
Total | $2,166/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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5/30/24
May 30, 2024
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Listed / Active | BCAR | $275,000 |