6763 Sea Shell Drive

Gulf Shores AL 36542

2016 sq. ft.

20240 sq. ft.

Single-Family

Last sold for $615,000

Teresa King, last sold this property on 24 March 2023 after 59 days on market.

Overview

PRICE DROP!!! CURRENT January 2023 written Appraisal at $715, 000! INSTANT EQUITY! CASH BUYER needed and must close by 3/24/23. Seller has a Reverse 1031 tax deferred exchange in place and needs closing by March 24 for capital gains reasons. DEEDED community BEACH ACCESS and separate GRANDFATHERED GUEST QUARTERS. Sleeps 12 in beds and that's not counting a sleeper sofa. If your idea of a beach home is capturing an era of coastal life lived at a slower pace with more substance, you'll want to put this home on your list. Tucked behind the trees and dunes on a low flood risk lot of Zone X for lower insurance costs and NOT in the COBRA zone (according to a local insurance inquiry) this property offers one of the best insurance ratings & chance of lowest insurance costs in this area! A total of FOUR BEDROOMS each having its own private bathroom in TWO LIVING SPACES under one roof! TWO KITCHENS, TWO LIVING ROOMS, TWO Bedrooms up, and the other TWO bedrooms downstairs. Outside staircase only. Live in one and rent out the other! Built in 1980 as a 2 bedroom, 2 bath home with 1080 sf, the downstairs addition was City Permitted and completed in 2004 with approximately 936sf of bonus heated and cooled ground floor space with its separate entry. The combined sq footage is approximately 2016sf appraiser measured. Electrical outlets and light switches were updated in 2020, HVAC system replaced in 2020. Septic tank serviced in 2022. Rental income projection through Evolve is over $76K gross. GOLF CART GARAGE with storage space, METAL ROOF, loads of open deck space for sunning and socializing, and so many features you will want to explore. The optional community HOA fee is only $200 A YEAR and provides maintenance of the deeded beach access for all residents and their guests to enjoy. Baldwin EMC electric bills: Low of $85.26 to $293.80. Buyer to confirm all items of importance through due diligence.

Features

4 bedrooms

4 bathrooms

2 carspaces

2016 sq. ft. floor area

20240 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 4 bedroom single-family properties sold in Gulf Shores over the last 12 months, the estimated median property value of 6763 Sea Shell Drive is $725k.

Median value

$725k

Estimated value range

$377k - $1.85m

Median days on market

155

Estimated value trend

21%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Gulf Shores. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.