1389 W Lagoon Avenue, Unit 0

Home » All Multifamily Properties » 1389 W Lagoon Avenue, Unit 0

Address: 1389 W Lagoon Ave #0, Gulf Shores, AL 36542, USA

Atlanta & Southeast + 2-4 Units

Created date: September 18, 2026

Date last updated: September 18, 2026

Price: $1,000,000Investment Analyzer NEW!

Property Description

COASTAL LIVING + POTENTIAL $115,000 RENTAL INCOME! Own both sides of this versatile duplex & create the lifestyle & investment opportunity you've been looking for! Live in one side while short-term renting the other, purchase as a full investment, or start with one side as an entry into the coastal rental market. Ideally located near public beach access to the Gulf of America & Little Lagoon public access, giving you the best of both waters for swimming, boating, kayaking, fishing & relaxing by the shore. Each side offers 3BR/2BA with an open, comfortable layout, granite countertops & stackable washer/dryer. The spacious primary suite features a walk-in closet & en-suite bath with a generous bedroom & tub/shower combination. Step outside to enjoy expansive, individual decks for each side, plus a private pool surrounded by extensive decking, creating the perfect setting for morning coffee, afternoon fun, evening gatherings & unforgettable coastal memories. Parking is abundant underneath the home, with additional decked space for grilling, entertaining & enjoying the coastal lifestyle. Boats & RVs are welcome, & with NO HOA, you have the freedom to use the property in ways that fit your goals. The large yard provides room to expand & potentially add additional rental or recreational features. Whether you envision a personal coastal retreat, a flexible multi-generational property, or an income-producing investment, this duplex offers the rare combination of location, lifestyle, flexibility & opportunity. All BR/LR/Kitchen Windows and French doors replaced. To Purchase each side separately- See MLS#409821 & MLS#409825. Buyer to verify all information during due diligence.

Available

Request Information

Broker Details

Jill L Collins

Real Broker, LLC 334-274-7145 MLS ID: 100606 State License Number: 109619

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	2-4 Units
Price:	$1,000,000
No. of Units:	2
Year Built:	1999
Lot Size:	2,994.00 Sq ft
Opportunity Zone:	No
Price per unit:	$500,000
Property Website	Click Here
Number of Bedrooms:	6
Number of Bathrooms:	4

Address: 1389 W Lagoon Avenue, Unit 0, Gulf Shores, AL 36542, USA

Provided by:

Standard Status: Active

MLS Listing Number: 409825
ID: 3yd-BCARAL-409825

Copyright Disclaimer: Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Analyzer

Step 1Financing Calculation

Purchase Price *

Down Payment *

Financed Amount

Term (Years) *

# of Payments Per Year *

Total Payments

Annual Interest Rate *

Monthly P&I

Annual P&I

Step 2Gross Rent Analysis

Please enter annual amounts.

Gross Rent *

Management Fee

Maintenance Reserve

Insurance

Property Taxes

Vacancy Reserve

Utilities

Misc. Expenses

Monthly Net Income

Annual Net Income

Step 3Final Deal Analysis

Monthly Cashflow

Annual Cashflow

Cash on Cash Return

Overall Return on Full Price

Annual Approx. Depreciation

Annual Approx Market Appreciation

Similar Properties in the Area