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435 E 2nd Ave #B, Gulf Shores, AL, 36542

2beds
3baths
1,344sqft
$599,000
$446price/sqft
$3,836/moest. monthly cost
$153,440/yrincome needed

About This Home

Welcome to Knot Far Atoll – Unit B at Eastside Cottages, a charming coastal retreat in the heart of Gulf Shores. Located on East 2nd Avenue, this stand-alone cottage offers an ideal blend of walkability, comfort, and strong rental potential—perfect as an investment property or personal beach getaway. Just a short stroll to the beach and some of Gulf Shores’ most popular attractions, guests love the convenience of parking the car and enjoying everything nearby, from restaurants and live music to shopping and entertainment.This well-designed 2-bedroom, 3-bath home maximizes space and functionality. The primary suite features a private ensuite bath with a tiled walk-in shower, while both bedrooms offer access to the upper deck—great for relaxing after a day in the sun. Built-in bunks both upstairs and downstairs provide additional sleeping space, allowing the home to comfortably accommodate larger groups and increase rental appeal.The heated outdoor pool is a standout feature, helping drive year-round bookings, especially with repeat and monthly winter guests. The property also offers covered parking for up to three vehicles underneath the cottage.“Knot Far Atoll” has a proven rental history with returning guests year after year. Located in a pet-friendly community, it appeals to a wider range of vacationers and adds to its income potential.Additional highlights include a Gold Fortified roof (valid through 3/31/2028) for added durability and potential insurance savings along with the unique second set of bunks making the sleeping capacity (10) higher than most neighboring units. The home is being sold fully furnished, making it a turnkey opportunity ready to generate income from day one. Grossed over $63k in 2025! Currently active on a rental program; showings must be scheduled between guest stays. Buyer to verify all information during due diligence.

Getting Around

28
WalkingCar-Dependent
0
TransitVery Limited Transit
47
BikeSomewhat Bikeable

Schools

9/10
10/10
7/10
Gulf Shores High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2018

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Construction materials: Hardboard,Fortified-Gold

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage
  • Property subType: Residential

Interior

Appliances

  • Appliances included: Dishwasher,Convection Oven,Dryer,Microwave,Electric Range,Refrigerator w/Ice Maker,Washer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Ceiling Fan(s),High Speed Internet
  • Flooring: Luxury Vinyl Plank

Heating

  • Heating features: Heat Pump

Interior Area

  • Total structure area: 1,344
  • Total interior livable area: 1,344 sqft

Master Bathroom

  • Features: Double Vanity, Shower Only

Master Bedroom

  • Features: Balcony/Patio

Property

Details

  • Parcel number: 6605212000040.003

Features

  • Levels: Two
  • Pool features: Community
  • Patio & porch: Covered
  • Exterior features: Termite Contract
  • Has view: Yes
  • View description: Indirect Gulf-Across Rd
  • Has water view: Yes
  • Water view: Indirect Gulf-Across Rd
  • Waterfront features: Deeded Access

Lot

  • Lot size: 1,655 sqft
  • Features: Less than 1 acre

Parking

  • Total spaces: 3
  • Parking features: Carport
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Inland Flooding
    Inland FloodingVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Inland Flooding
Coastal Flooding
Lightning
Tornado
Wildfire
Tsunami

FEMA Declared Disasters Across Alabama Counties

Flood
Hurricane
Severe Storm
Tornado
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,028$36,336
Home Insurance *$424$5,088
Property Taxes $144$1,728
Electricity $240$2,881
Total$3,836$46,032
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$131,520/yr
40% on housing$115,080/yr
45% on housing$102,293/yr

Alabama FAIR Plan Programs

Alabama FAIR Plan

Covered
None
Add-on available
WildfireWildfire
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.4%
10.4%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 5.7%
5.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$446This listing

vs Other Active Listings

Avg $/sqft

ZIP 36542$342
Baldwin County$239

vs Homes Sold Last Month

Median $/sqft

ZIP 36542$249
Baldwin County$189

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-29Listed for sale$599,000
2023-08-02Listing removed--
2023-07-30Listed for sale$645,000
2023-05-09Sold$630,000
2023-03-30Price change$679,000
2022-11-05Listed for sale$720,000
2019-08-23Sold$339,900
2018-03-06Sold$300,000

For Sale by Agent

AgentJonathan Hall
BrokerageCoastal South Realty

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