STR in Alabama

[Erica Calella]

Looking to gain some insight on the Alabama coast STR market.

During the 1970s, my grandfather bought two land plots on the Jersey Shore and built a house on each for $5-$10K. Today these houses are valued at $700K- $1MM (original home structures).

I'm looking to do something similar, but the East Coast has obviously appreciated significantly since. Does anyone have any experience in the Gulf Coast? I recently discovered Dauphin Island online and was wondering if this would be somewhere that would experience significant property appreciation.