16385 Bon Bay Dr

Gulf Shores, AL 36542
$1,070,000
2858 sqft | 6 beds | 4 baths | 0.59 acres | #651909

Description

Seize the opportunity to own a remarkable duplex on the scenic Bon Secour River. This property offers three income-generating avenues in an unzoned area of Baldwin County, with rental projections of nearly $47,000 per unit annually. Each side of the duplex features 1,440square feet of living space, with 3 bedrooms and 2 bathrooms, providing spacious accommodations for both owners and tenants. The open living areas are enhanced by expansive windows that showcase stunning views of the river, where you can watch shrimp boats, playful dolphins, and pelicans from the comfort of your home. A shared cargo lift between the units makes it easy to transport groceries, luggage, and more. For those with a passion for boating, the property includes two boat slips, each with a 10,000-pound lift and a minimum of 6 feet of water depth, as well as a fish cleaning station and day-use tie-up spaces. Additionally, a concrete RV pad with storage and washer/dryer hookups adds another level of versatility, offering a unique income stream or convenient space for RV guests.The neighborhood is a hidden gem, featuring three extra parking lots for trailers and overflow vehicles and a boat launch with no association fees.The current owner rents through her own website, bonbayhouse.com, with great success, and there is significant potential for even greater rental income by marketing on other platforms. Whether you decide to rent both units, live in one and rent the other, or create a peaceful family retreat, 16385 Bon Bay Dr. provides endless possibilities. Buyer to verify all information during duediligence.
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  • Property Details
      • Bedrooms:6
      • Bathrooms:4
      • Full Baths:4
      • View:River, Water
      • Lot description:Interior Lot
      • Exterior materials:Balcony, Dock, Boat Slip
      • Acres:0.59
      • Square Feet:2858
      • Parking spaces:1
      • Property type:Purchase
      • Year built:2015
      • Foundation:Pillar Post Pier
      • Sewer information:Public Sewer
      • Utility source:Public
      • Subdivision:Bon Bay Shores
      • Elementary School:Local School In County
      • Middle School:Local School In County
      • High School:Local School In County
      • County:Baldwin
      • Original List Price:$1, 070, 000
      • MLS #:651909
      • Cost:1070000
      • Property subtype:Single Family Residence
      • Waterfront:1
      • MLS #:651909

Location

Central Bay Realty and Property ManagementReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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