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507 W Beach Boulevard Unit 504

Gulf Shores, AL 36542

3 beds
2 baths
987 sqft
~2 acre lot
$545 per sqft
1982 build
– on site

Turnkey Gulf-Side Rental Machine!Welcome to Ocean Reef, where luxury meets location! This completely remodeled 3BR/2BA townhouse-style retreat is the ultimate investment property, vacation home, or both. With an impressive steady rental history, nice future bookings, this unit sleeps 9, and is built for maximum ROI.Step inside to a fresh, modern interior—recently renovated with new flooring, granite countertops, stainless steel appliances, fresh paint, new TVs, new furniture, updated interiors, and NO popcorn ceilings—all designed for style and comfort. The larger private primary suite is a true sanctuary, while front and rear decks let you soak up the salty breeze.Outside, your private pool courtyard offers a serene escape just steps from the Gulf. The low-density complex features a concrete board exterior, metal roof, and NO damage from Hurricane Sally, ensuring peace of mind. Plus, enjoy assigned covered parking and an unbeatable location—less than ½ mile from The Hangout, top restaurants, and shopping.This beachside beauty is truly turnkey and rental-ready—don’t miss out on this Gulf Coast gem! Buyer to verify all information during due diligence.

Listing courtesy of BCAR / MarMac Real Estate Coastal

Last checked: Checking… • Last updated Mar 1, 2025 •

MLS# 374964 —

The Building

Year Built:

1982
New Construction:

false
Construction Materials:

Concrete Board
Structure Type:

Condo
Roof:

Metal
Foundation Details:

Pilings
Stories:

2
Levels:

Two
Window Features:

Window Treatments
Entry Level:

2
Common Walls:

No One Above
Building Area Total:

987
Building Area Units:

Square Feet
Building Area Source:

Assessor

Interior

Interior Features:

Ceiling Fan(s), High Ceilings, Internet, Split Bedroom Plan, Vaulted Ceiling(s)
Flooring:

Vinyl
Kitchen Level:

Main
Furnished:

Furnished
Fireplace:

false

Room Dimensions

Living Area:

987
Living Area Units:

Square Feet
Living Area Source:

Assessor
Kitchen Area:

63
Kitchen Length:

9
Kitchen Width:

7
Master Bedroom Area:

180
Master Bedroom Length:

15
Master Bedroom Width:

12
Bedroom 2 Area:

144
Bedroom 2 Length:

12
Bedroom 3 Length:

12
Bedroom 2 Width:

12
Bedroom 3 Area:

144
Bedroom 3 Width:

12

Financial & Terms

Ownership:

Condominium

Location

Directions:

Starting from Highway 59, turn right on West Beach Blvd. Ocean Reef complex will be on the left 1/4 mile down West Beach Blvd.

The Property

Property Type:

Residential
Property Subtype:

Condominium
Property Attached:

true
Property Condition:

Resale
Parcel Number:

6604203000003.000.932
Lot Size Area:

2.0064
Lot Features:

Waterfront
Lot Size Acres:

2.0064
Lot Size SqFt:

87400
Lot Size Dimensions:

200 x 437
Lot Size Units:

Acres
View:

true
View:

Indirect Gulf Side, Pool Area View
Water Source:

Public
Waterfront:

true
Waterfront Features:

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

Gulf of Mexico

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

2894.76
Tax Lot:

504
Tax Block:

504

Beds

Bedrooms Total:

3
Bedroom 2 Level:

Main
Bedroom 3 Level:

Main
Master Bedroom Level:

Second

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2
Master Bath Features:

Tub/Shower Combo, Single Vanity

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

Central Electric (Cool)
Cooling:

true

Utilities

Utilities:

Cable Available, Cable Connected
Electric:

Total Electric
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer

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, Condo 2-Bdrms in Complex, Condo 3-Bdrms in Complex, Pool - Outdoor
Association:

true
Association Fee:

529
Association Fee Frequency:

Monthly
Association Fee Includes:

Cable TV, Maintenance Grounds, Pest Control, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool
Pool Features:

Community, Association
Subdivision:

AL

Parking

Garage:

false
Carport:

false
Parking Features:

Assigned, Covered

Monthly cost estimate

Asking price

$538,900

Expense	Monthly cost
Mortgage	$2,885
Taxes	$241
Insurance	$148
HOA fees	$529
Utilities	$135 See report
Total	$3,938/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

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Sale history

Date	Event	Source	Price	% Change
3/1/25 Mar 1, 2025	Listed / Active	BCAR	$538,900	21.1% (6.4% / YR)
11/4/21 Nov 4, 2021		BCAR	$445,000	58.9% (37.8% / YR)
4/14/20 Apr 14, 2020		BCAR	$280,000

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This condo located in Gulf Shores, AL 36542 is currently for sale for $538,900. 507 W Beach Boulevard Unit 504 is a 987 square foot condo with 3 beds and 2 baths that has been on Estately for 2 days. This condo is in the attendance area of Gulf Shores Middle School, Gulf Shores High School, and Gulf Shores Elementary School.

Listing Courtesy of: BCAR and MarMac Real Estate Coastal.

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.