115 E 21st Ave, Gulf Shores, AL 36542

$200,000
3
BD
2
BA
1,076
SqFt

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Sold Price
$200,000
List Price
$279,000
Closing Date
Aug 07, 2026
MLS#
398441
Status
CLOSED
Type
Single Family Residential
Year Built
1950
Acres
0.26
City
Gulf Shores
Subdivision
Gulf Pines
Bedrooms
3
Bathrooms
2

Property Description

Rare investment opportunity in the heart of Gulf Shores! Located at 115 E 21st Avenue, this property offers tremendous potential for investors, builders, and buyers looking for a renovation project in one of the fastest-growing areas along Alabama’s Gulf Coast.The existing home is a true fixer-upper and is being offered as-is, presenting an excellent opportunity for a complete renovation, rental investment, or redevelopment project. What truly sets this property apart is its highly desirable R-4 zoning, a high-density residential classification intended for multi-family development. Gulf Shores’ R-4 district is designed to accommodate higher-density residential uses, creating exceptional redevelopment potential for investors seeking to maximize the property’s value. Buyer to verify all permitted uses, density requirements, and development regulations with the City of Gulf Shores.  Positioned just minutes from Gulf Shores’ beautiful white-sand beaches, public beach access, restaurants, shopping, entertainment, schools, and the rapidly growing Waterway Village district, this location continues to benefit from strong demand for both long-term and short-term housing opportunities. The property’s central location provides convenient access to Highway 59, Gulf State Park, local marinas, and all that Gulf Shores has to offer.Whether you’re looking to restore the existing structure, add to your investment portfolio, or explore redevelopment possibilities, opportunities like this are becoming increasingly difficult to find in Gulf Shores. Bring your vision and unlock the full potential of this prime in-town property.Property sold as-is. Buyer to verify all information, zoning, dimensions, and development possibilities during due diligence.

Additional Information

Style
Cottage
High School
Gulf Shores High
Living Area
1,076
Interior Features
Ceiling Fans
Heating
Electric
Roof
Composition

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Calculator source: Real Geeks

Listing courtesy of Real Broker, LLC. Selling Office: Real Broker, LLC.

© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .