1 of 26

Want to see this home?

507 W Beach Boulevard Unit 115

Gulf Shores, AL 36542

2 beds
2 baths
964 sqft
~2 acre lot
$455 per sqft
1982 build
– on site

GREAT INCOME POTENTIAL! Ocean Reef #115 is walking distance to all of the main attractions, beaches, restaurants, and local shopping Gulf Shores has to offer. Primary bedroom on main floor and loft style 2nd bedroom with 1/2 bath on 2nd floor. Customized with vinyl plank flooring, granite counter tops, stainless steel appliances, and more. This low-density, 45-unit building boasts 200 ft of deeded beach access, a tropical landscaped pool area, charcoal grills and on-site laundry facilities. Assigned, covered parking space include. This is a great opportunity to own an investment property or vacation home on Alabama's Gulf Coast! Buyer to verify all information during due diligence.

Listing courtesy of BCAR / Dolphin Cove Realty LLC

Last checked: Checking… • Last updated Sep 27, 2024 •

MLS# 358765 —

The Building

Year Built:

1982
Construction Materials:

Wood Siding
Structure Type:

Condo
Entry Level:

2
New Construction:

false
Stories:

2
Levels:

Two
Patio And Porch Features:

Porch-Open
Security Features:

Smoke Detector(s)
Foundation Details:

Pilings
Building Area Total:

964
Building Area Units:

Square Feet
Building Area Source:

Assessor

Interior

Furnished:

Furnished
Interior Features:

Ceiling Fan(s), Internet
Kitchen Level:

Main
Flooring:

Carpet, Vinyl
Fireplace:

false

Room Dimensions

Living Area:

964
Living Area Units:

Square Feet
Living Area Source:

Assessor
Kitchen Area:

81
Kitchen Length:

9
Kitchen Width:

9
Master Bedroom Area:

132
Master Bedroom Length:

12
Master Bedroom Width:

11
Bedroom 2 Area:

240
Bedroom 2 Length:

20
Bedroom 2 Width:

12

Location

Directions:

From Hwy-59 at The Hangout, turn right on West Beach Blvd. Ocean Reef is approximately 1/2 mile on the beach side.

The Property

Parcel Number:

6604203000003.000915
Property Type:

Residential
Property Subtype:

Condominium
Property Condition:

Resale
View:

false
View:

None/Not Applicable
Lot Features:

Less than 1 acre
Lot Size Area:

2.0064
Lot Size Acres:

2.0064
Lot Size SqFt:

87400
Lot Size Dimensions:

200 x 437
Lot Size Units:

Acres
Property Attached:

true
Waterfront:

true
Waterfront Features:

Beach Side - Building, Deeded Access, Gulf Accs (<=1/4 Mi), Gulf Front - Building
Water Body Name:

Gulf of Mexico

Listing Agent

Contact info:

Taxes

Tax Lot:

115
Tax Block:

115
Tax Annual Amount:

1463.22
Tax Legal Description:

UNIT 115 OCEAN REEF CONDO IN CITY OF GULF SHORES SEC 20-T9S- R4E (WD)

Beds

Bedrooms Total:

2
Bedroom 2 Level:

Second
Master Bedroom Level:

Main

Baths

Total Baths:

1.5
Total Baths:

2
Full Baths:

1
Half Baths:

1
Master Bath Features:

Tub/Shower Combo

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

false
Cooling:

Central Electric (Cool)
Cooling:

true

Utilities

Utilities:

Gulf Shores Utilities
Electric:

Baldwin EMC

Appliances

Appliances:

Dishwasher, Microwave, Electric Range, Refrigerator

Schools

Elementary School:

Gulf Shores Elementary
Middle Or Junior School:

Gulf Shores Middle
High School:

Gulf Shores High

The Community

Subdivision Name:

Ocean Reef
Community Features:

BBQ Area, Landscaping, Pool - Outdoor
Pool Features:

Community, Association
Association:

false
Association Fee:

400
Association Fee Includes:

Association Management, Cable TV, Common Area Insurance, Maintenance Grounds, Pest Control, Reserve Funds, Trash, Water/Sewer, Internet, Pool
Association Fee Frequency:

Monthly

Parking

Garage:

false
Carport:

false
Parking Features:

Assigned, Covered

Monthly cost estimate

Asking price

$439,000

Expense	Monthly cost
Mortgage	$2,350
Taxes	$121
Insurance	$120
HOA fees	$400
Utilities	$128 See report
Total	$3,119/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/20/24 Apr 20, 2024	Listed / Active	BCAR	$439,000	99.5% (22.8% / YR)
12/6/19 Dec 6, 2019		BCAR	$220,000	51.7% (9.8% / YR)
9/2/14 Sep 2, 2014		BCAR	$145,000

Want a closer look?

Go see 507 W Beach Boulevard

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Gulf Shores, AL

Similar sold homes

This condo located in Gulf Shores, AL 36542 is currently for sale for $439,000. 507 W Beach Boulevard Unit 115 is a 964 square foot condo with 2 beds and 2 baths that has been on Estately for 217 days. This condo is in the attendance area of Gulf Shores Elementary School, Gulf Shores Middle School, and Gulf Shores High School.

Listing Courtesy of: BCAR and Dolphin Cove Realty LLC.

The information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.