See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

3596 Ponce De Leon Ct #2, Gulf Shores, AL, 36542

7beds
5baths
3,320sqft
$1,350,000
$407price/sqft
$8,478/moest. monthly cost
$339,120/yrincome needed

About This Home

Price drop on a wonderful Gulf-Front Investment Opportunity for one half of a duplex– Two Carats West - Fully booked through August. If you’ve been waiting for a true Gulf-front property that actually performs, this is it. Two Carats West is a fully furnished 7-bedroom, 5-bath duplex located directly on the beaches of Fort Morgan with proven rental history and management already in place. This is turnkey income from day one. Designed for strong occupancy and repeat bookings, the home sleeps up to 18 guests with multiple king suites, bunk rooms, and spacious living areas across three levels. The layout balances capacity and comfort — ideal for large groups and maximizing rental potential. Outdoor amenities set it apart: private pool replaced 2 years ago, direct beach access with a brand new boardwalk, and expansive newly painted balconies with unobstructed Gulf views that keep the calendar full year-round. Inside, you’ll find a fully equipped kitchen, generous dining space, and open gathering areas built for entertaining. Thoughtful design and consistent performance make this property a standout in the Fort Morgan area. Whether you're expanding your short-term rental portfolio or looking for a hybrid personal-use investment, Two Carats West delivers location, income potential, and long-term value. This is one side of the duplex only. Buyer to verify all information during due diligence.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

4/10
Foley Elementary SchoolGrades PK-620.3 mi
4/10
Foley Middle SchoolGrades 7-820.3 mi
7/10
Foley High SchoolGrades 9-1219.3 mi

Construction

Condition

  • Year built: 2000

Materials

  • Roof: Metal

Type & Style

  • Home type: Condo
  • Architectural style: Duplex
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Washer,Microwave,Dishwasher

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 5
  • Full bathrooms: 5

Features

  • Storage,Ceiling Fan(s)
  • Flooring: Tile,Wood,Carpet

Heating

  • Heating features: Electric

Interior Area

  • Total interior livable area: 3,320 sqft

Property

Details

  • Parcel number: 6908010002043.000.902
  • Special condition: None

Features

  • Stories: 3
  • Pool features: Gunite,In Ground
  • Patio & porch: Rear Porch,Covered Patio
  • Has view: Yes
  • View description: Direct Gulf Front
  • On waterfront: Yes
  • Waterfront features: Gulf Front Building
  • Waterbody name: Gulf Of Mexico / America

Lot

  • Features: Waterfront,Water View,Less Than 1 Acre

Parking

  • Parking features: Three Car Carport

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
  • Lightning
    LightningVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Inland Flooding
Lightning
Coastal Flooding
Tornado
Cold Wave
Heat Wave
Strong Wind
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 $6,826$81,912
Home Insurance *$955$11,460
Property Taxes $326$3,912
Electricity $371$4,457
Total$8,478$101,736
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$290,674/yr
40% on housing$254,340/yr
45% on housing$226,080/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

$407This listing

vs Other Active Listings

Avg $/sqft

ZIP 36542$341
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
2026-05-22Price change$1,350,000
2026-03-03Listed for sale$1,425,000

For Sale by Agent

AgentChristine H Slaughter
BrokerageRealty Executives Gulf Coast

Similar Homes