#7464565, Laura Reeves, Listing office: Coastal Alabama Real Estate
$639,000 List price
508 W 1st Ave Gulf Shores, AL 36542
3 beds
2 full
1,224 sqft
0.1 acres
$522 / sqft
House
Property details
About 508 W 1st Ave
3/2 BEACH HOUSE - Under $640,000 - $70K+ INCOME! Steps away from the Beach! Location, lifestyle, and lucrative returns—this well-maintained 3-bedroom, 2-bath beach house on West 1st Avenue checks all the boxes! Just across the street from the Gulf with deeded beach access and within walking distance to The Hangout, restaurants, shopping, and entertainment, this property offers the perfect blend of convenience and investment potential.This fully furnished, turnkey rental produces over $70,000 annually in rental income—making it an exceptional income-generating opportunity.Features include:3 spacious bedrooms & 2 full bathroomsOpen floor plan filled with natural lightGranite countertops & stainless steel appliancesCovered front porch + outdoor entertaining areaOutdoor shower and utility/storage roomCovered parking underneath the houseHVAC system & water heater both under 5 years oldExterior painted in 2019Whether you're looking for a high-performing short-term rental, a personal beach escape, or both—this beachside beauty delivers. Enjoy the coastal lifestyle just steps from the sand and minutes from all the action. Buyer to verify all information Buyer to verify all information during due diligence.
Highlights
Home typeSingle Family Residence
HeatingElectric
StatusActive
Size1,224 sqft
Lot size0.1435 Acres
Year built1983
MLS #382630
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Ice Maker, Washer
- Flooring Type: Carpet, Tile
- Interior: Breakfast Bar
- Fireplace: None
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: None
- Exterior: Porch, None
- Architectural Style: Raised Beach
- Heating: Electric
- List Price: $639,000
- Price/SqFt: $522
- Annual Tax Amount: $2,403
- Tax Year: 2023
- Directions: Head west on W. Beach Blvd. Turn right onto W 4th St. Turn left onto W 1st Ave. Property will be on the right.
- Year Built: 1983
- Stories: 1
- Living Area: 1,224 SqFt
- Lot Size: 0.1435 Acres
- MLS Number: 382630
- MLS Name: Baldwin County
- Office Name: RE/MAX of Orange Beach
- Office Phone: (251) 533-6677
- Listing Agent: Heather Harp
Listing information Copyright © 2025 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 8:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 26, 2021 | Home Sold | $484,910 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $72,840 | $2,403 |
| 2022 | $53,640 | $1,770 |
| 2021 | $43,480 | $1,770 |
| 2020 | $22,480 | $765 |
| 2019 | $22,100 | $729 |
| 2018 | $19,860 | $655 |
| 2017 | $17,760 | $586 |
History based on county public records data.
Nearby schools
9
Gulf Shores Elementary School
Public District PK-5
1.8 mi
•1600 E 3rd St
5
Swift Elementary School
Public District KG-6
5.0 mi
•6330 Bon Secour Hwy
3
Florence B. Mathis Elementary School
Public District KG-6
9.5 mi
•600 W 9th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $65,303. The majority of Gulf Shores, AL residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
27%
<35k
47%
35k-100k
24%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
42%
Single, No Kids
5%
Single, with Kids
42%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
5%
12-17 yrs old
14%
18-34 yrs old
51%
35-64 yrs old
22%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dillards
Wal-Mart
Dick's Sporting Goods
Where do the neighbors go to eat?
Cracker Barrel
Hardee's
Texas Roadhouse
What do the neighbors drive?
Cadillac
Ram
Subaru
What do the neighbors listen to?
News/Talk/Information
Classic Country
New Country
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
Living in Gulf Shores, AL
Transportation in Gulf Shores includes a mix of private and public options. The Baldwin Regional Area Transit System (BRATS) provides public bus services catering to residents and tourists, with schedules that accommodate peak beach-going times. Ride-sharing services are available, enhancing mobility for those without personal vehicles. The area is bike-friendly, with several trails and dedicated lanes. Major roadways such as State Highway 59 and the Beach Express facilitate travel and commuting, with ongoing improvements to manage the growing traffic demands.
The community is served by a number of public schools, offering educational opportunities from elementary to high school levels, as well as private institutions that cater to various educational needs. Healthcare services are accessible, with facilities providing urgent care, primary care, and specialized medical services. The local library system supports lifelong learning with a range of programs and resources. Retail and dining options are abundant, with many establishments showcasing local seafood and southern cuisine, reflecting the Gulf Shores culture.
Gulf Shores is celebrated for its laid-back beach town atmosphere and strong sense of community. The area prides itself on its pristine white sandy beaches and outdoor recreational activities, including the annual Shrimp Festival, which draws visitors and locals alike. The community is also known for its commitment to preserving natural habitats, with several wildlife reserves and state parks that offer a tranquil escape from the more developed areas.
Gulf Shores offers a diverse array of housing options, with a significant portion of the market dedicated to single-family homes that exhibit a blend of coastal cottage, Mediterranean, and contemporary architectural styles. Condominiums and townhouses are also prevalent, particularly in areas closer to the beach, catering to those seeking a vacation home or investment property. The housing market is dynamic, with new developments and renovations reflecting the area's growth as a desirable coastal destination.
About 508 W 1st Ave
The listing price of 508 W 1st Ave property is $639,000.
The property 508 W 1st Ave is a house located in Gulf Shores, Alabama, 36542.
Active Listing: 508 W 1st Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 508 W 1st Ave are: Gulf Shores Elementary School (GreatSchools Rating 9/10), Swift Elementary School (GreatSchools Rating 5/10), Florence B. Mathis Elementary School (GreatSchools Rating 3/10), Gulf Shores Middle School (GreatSchools Rating 9/10), Foley Middle School (GreatSchools Rating 3/10), Elberta Middle School (GreatSchools Rating 9/10), Foley High School (GreatSchools Rating 6/10), Elberta High School (GreatSchools Rating 6/10), Robertsdale High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $2,403 (source: MLS/based on county public records data).
The last sale was on July 26, 2021 for $484,910 (source: MLS/tax record).
The property at 508 W 1st Ave has 3 bedrooms and 2 bathrooms.
The property 508 W 1st Ave is 1,224 SqFt (source: MLS/tax record).
The year of construction for 508 W 1st Ave is 1983.
This home is located at 508 W 1st Ave in Gulf Shores, AL and zip code 36542. This 1,224 square foot home, which was built in 1983, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 23, 2025 and is currently priced at $639,000.
While more than 5 listings in Gulf Shores, AL in June 2025 were sold above asking price, there were more than 11 listings sold at asking price, and more than 69 were sold below. The number of listings in Gulf Shores, AL increased by 3.9% between May and June 2025. The median list price of listings available in June 2025 was $500,830, while the average time on the real estate market was 1 days.
From Rocket Homes Real Estate and based on county public records data.