Listing provided courtesy of Coastal South RealtyMLS# 395855MLS Provider
  • 4 views

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.

Source: Baldwin MLS, MLS#: 395855

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  • Property Type
    Residential
  • Lot
    0.04 acres

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Jimmy Mills

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 435 E 2nd Avenue #B


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/29/2026Source: Baldwin MLS Status Change
Active
4/29/2026Source: Baldwin MLS Added to Database
April 29, 2026