About 334 E 24th Avenue
Rare Multi-Use Opportunity in the Heart of Gulf Shores – Waterway Village District OverlayExceptional investment property located in the highly desirable Waterway Village District, just steps from the vibrant heart of Gulf Shores! This unique offering includes five income-producing homes, all currently used as rental properties and eligible for short-term and vacation rental approval under existing overlay zoning.Positioned less than 1/4 mile from top local attractions, including live entertainment, restaurants, boutique ice cream shops, art galleries, and a popular brewery, this walkable neighborhood is undergoing exciting infrastructure improvements—including a new pedestrian bridge over the Intracoastal Waterway and pending approval for golf cart-friendly transportation.This property also offers significant redevelopment potential, with ample room to accommodate multi-use retail, restaurant, condo, or apartment buildings—all aligned with the City of Gulf Shores’ long-term master plan for the area. Whether you're looking to develop, expand a rental portfolio, or operate a live/work concept, this flexible-use property provides unmatched potential in one of Gulf Shores' most dynamic and fast-evolving communities. Buyer to verify all information during due diligence.
Features of 334 E 24th Avenue
| MLS® # | 380860 |
|---|---|
| Price | $2,100,000 |
| Bathrooms | 0.00 |
| Acres | 0.69 |
| Year Built | 1984 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 334 E 24th Avenue |
|---|---|
| Area | Gulf Shores 1 |
| Subdivision | AL |
| City | Gulf Shores |
| County | Baldwin |
| State | AL |
| Zip Code | 36542 |
Amenities
| Utilities | Cable Available, See Remarks |
|---|---|
| Parking | See Remarks |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Electric Water Heater |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Stories | One |
| Has Basement | No |
Exterior
| Lot Description | Corner Lot, Few Trees, See Remarks |
|---|---|
| Construction | Resale |
| Foundation | Pillar/Post/Pier, Slab |
Additional Information
| Zoning | Business/Commercial,Within Corp Limits |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | RE/MAX of Gulf Shores |
|---|