4137 Co RdGulf Shores, AL 36542

This exceptional Gulf Shores property, situated on nearly an acre with 75 feet of waterfront, offers a unique investment opportunity. Currently operating as a six-unit single-family rental portfolio (two buildings, each with three bedrooms), the property boasts recently renovated interiors, including new roofs, electrical systems, energy-efficient windows, flooring, and kitchen upgrades in the main house. The main residence features three bedrooms and two baths, plus an enclosed porch overlooking Bay John. The second residence offers three bedrooms and one bath. A private pier and boat slip provide direct access to inshore fishing, kayaking, and boating. The property is conveniently located near the intersection of County Road 4 and County Road 6, offering excellent visibility and accessibility. A pending zoning change (Application ZA24-000054) from R-1-4 Residential to BG General Business opens possibilities for a variety of commercial uses, including bed and breakfast, hotel, restaurant, watersports rental, boat sales, and office space, while also allowing for up to 15 dwelling units per acre. The property is annexed into the City of Gulf Shores, providing access to the new school district and is a short drive from the new Gulf Shores High School. The property's location near recent waterfront commercial developments like Legendary Marina & Yacht Club and Jesse's on the Bay indicates strong potential for future growth. The asking price is $975,000. Buyer to verify all information. Built in 1970, renovated in 2000, the property includes two two-story buildings with a total of 2,628 square feet. APN: 04121.