507 w beach blvd

Proven Income Producer! BRAND NEW AC installed 7/10/25! Seller to pay 6 months of HOA with accepted offer! LOW-DOWN-PMT SELLER FINANCING AVAILABLE! 2025 assessment PAID In FULL! These are amazing buyer incentives, don't miss out! Looking for a real estate investment? Gross 2024 rental was nearly $39,000 through Airbnb and VRBO combined and 2025 is on track for same. Ocean Reef is a low-density beachside building right in the heart of Gulf Shores. You are close to all the action, only 1/4 mile from Hangout, making this an ideal location for rental, with the added benefit of one assigned parking space plus guest spots. This unit features ceramic tile in living spaces, carpet in the bedroom, and fresh paint on the walls. Unit is being sold furnished with updated furniture and appliances. Enjoy the BBQ grill area and landscaped pool area with recently installed new decking on front and back decks, or take a few steps right out to beautiful white sand and emerald Gulf water.