1217 W Lagoon Ave

Gulf Shores, AL

UNIQUE investment opportunity! NO HOA!! Inground HEATED AND COOLED pool, Outdoor entertaining space; outdoor bar, tv, sink, etc. As of September 2023 this property has 89k in gross rental income. The newly added pool and hot tub has rental projections over $100k+. This renters paradise consists of FOUR bedrooms, THREE baths (two bedrooms having access to private bathroom), features an open floor plan , TWO south facing balconies that overlook the Gulf of Mexico, and views of Little Lagoon from the front of home. CLOSE walk or biking to restaurants, Waves (convenience store), the public beach access, ice cream and so much more! 2023 upgrades include inground heated and cooled pool and added 6 person hot tub. 2022 upgrades include, new HVAC system, water heater, and decking.