507 W Beach Boulevard
Gulf Shores, AL 36542
- 3 beds
- 2 baths
- 987 sqft
- $557 per sqft
- 1982 build
- – on site
Exceptional Investment Opportunity in the Heart of Gulf Shores! Don’t miss out on this fully-furnished, turnkey condo with proven rental success—earning over $70k in 2024 alone! Perfectly set up as a short-term rental or second home, this Gulf-front unit offers immediate income potential. All stylish furnishings and decor will convey, ensuring a seamless transition for new owners. Ocean Reef is a sought-after, Gulf-front complex located just steps away from popular restaurants and attractions, including the iconic Hangout Restaurant. Enjoy stunning Gulf views from the guest room balconies and relax by the well-maintained pool and common areas. With two assigned parking spaces, you’ll never have to worry about finding parking during peak season, a major bonus in this prime location. Whether you’re seeking a lucrative rental investment or a perfect beach getaway, this condo offers everything you’ve been looking for at an unbeatable price. Schedule your showing today with your favorite agent and seize this incredible opportunity! Buyer to verify all information during due diligence.
Listing courtesy of BCAR / eXp Realty Southern Branch
Last checked:
Checking…
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Last updated Nov 23, 2024
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MLS# 370873 —
The Building
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Year Built:1982
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Construction Materials:Concrete Board
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Structure Type:Condo
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Entry Level:2
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New Construction:false
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Stories:2
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Levels:Two
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Patio And Porch Features:Covered, Porch-Open
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Security Features:Smoke Detector(s)
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Foundation Details:Pilings
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Building Area Total:987
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Building Area Units:Square Feet
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Building Area Source:Assessor
Interior
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Furnished:Furnished
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Interior Features:Ceiling Fan(s)
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Kitchen Level:Main
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Flooring:Tile
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Fireplace:false
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Laundry Features:Common Area
Room Dimensions
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Living Area:987
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Living Area Units:Square Feet
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Living Area Source:Assessor
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Kitchen Area:136
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Kitchen Length:8
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Kitchen Width:17
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Master Bedroom Area:165
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Master Bedroom Length:11
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Master Bedroom Width:15
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Bedroom 2 Area:120
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Bedroom 2 Length:10
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Bedroom 3 Length:11
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Bedroom 2 Width:12
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Bedroom 3 Area:132
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Bedroom 3 Width:12
Location
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Directions:Head south on Hwy 59 and turn west onto W Beach Blvd. Complex will be on the left.
The Property
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Parcel Number:6604203000003.000.920
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Property Type:Residential
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Property Subtype:Condominium
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Property Condition:Resale
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View:true
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View:Indirect Gulf Side
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Property Attached:true
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Waterfront:true
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Waterfront Features:Beach Accs (<=1/4 Mi), Beach Side - Building, Gulf Accs (<=1/4 Mi), Gulf Front - Building
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Water Body Name:Gulf of Mexico
Listing Agent
- Contact info:
- Agent phone:
- (832) 914-5012
- Office phone:
- (888) 923-5547
Taxes
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Tax Annual Amount:2894.76
Beds
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Bedrooms Total:3
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Bedroom 2 Level:Main
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Bedroom 3 Level:Main
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Master Bedroom Level:Second
Baths
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Total Baths:2
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Total Baths:2
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Full Baths:2
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Master Bath Features:Double Vanity, Tub/Shower Combo
Heating & Cooling
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Heating:Electric, Central
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Heating:true
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Cooling:Central Electric (Cool)
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Cooling:true
Utilities
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Utilities:Cable Connected
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Electric:Baldwin EMC
Appliances
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Appliances:Dishwasher, Disposal, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer/Dryer Stacked
Schools
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Elementary School:Gulf Shores Elementary
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Middle Or Junior School:Gulf Shores Middle
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High School:Gulf Shores High
The Community
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Subdivision Name:Ocean Reef
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Community Features:Pool - Outdoor
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Pool Features:Community, Association
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Association:true
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Association Fee:480
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Association Fee Includes:Association Management, Cable TV, Common Area Insurance, Maintenance Grounds, Internet, Pest Control, Pool, Taxes-Common Area, Water/Sewer
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Association Fee Frequency:Monthly
Parking
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Garage:false
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Carport:false
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Parking Total:2
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Parking Features:Assigned
Monthly cost estimate
Asking price
$549,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,944
|
Taxes | $241 |
Insurance | $151 |
HOA fees | $480 |
Utilities | $135 See report |
Total | $3,951/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/22/24
Nov 22, 2024
|
Listed / Active | BCAR | $549,900 |