Directly on the canal leading to Little Lagoon, this corner end unit has NO rental restrictions with approximately $48K in gross revenue in 2021. The two-story layout provides a spacious and bright living & kitchen/dining combo area along with a half bath downstairs and two bedrooms and full bath upstairs. Direct views of the water from the kitchen & second bedroom. Primary bedroom has small deck. The condo makes for a great island get-away and/or vacation rental investment in the heart of Gulf Shores. Just a short walk to the Hangout and the public beach as well as restaurants and shopping. Relax with a morning coffee or entertain with family and friends on the large back deck overlooking the canal. Fish or canoe, jet ski and kayak from your backyard using the first-come/first-served boat slips. Storage/laundry room downstairs has brand new washer and dryer. Unit is sold furnished.