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507 w beach boulevard

Gulf Shores, AL 36542

$449,900

2 BEDS 1-Full 1-Half BATHS
2 AC LOT
Residential - Condo
Image 1
Bedrooms 2
Total Baths 2
Full Baths 1
Acreage 2.0064
Status Off Market
MLS # 355926
County Baldwin
More Info
Category Residential - Condo
Status Off Market
Acreage 2.0064
MLS # 355926
County Baldwin
Indulge in coastal living at its finest at Ocean Reef Condos. Exquisite 2-bedroom, 2-bath condo in Gulf Shores, within walking distance of The Hangout, restaurants and shopping. Perfect for 6-8 guests, this fully furnished gem boasts upscale beach decor, covered parking for 2 cars, and a unique office/study area adds 80 sq ft of living area. Granite counters, wood plank tile floors and an electric fireplace, every detail exudes luxury. Enjoy the best tropical pool area, just steps from the Gulf of Mexico. Gross income of $39,850 for 2022, $25,671 for 2023, with a projected annual income of $38,000 per year, this low-density complex of 45 units offers wood plank porcelain tile, 200' of deeded beach access, and the promise of a dreamy beachside lifestyle. 2024 Summer Rental Bookings look great for this ultimate getaway and income-producing investment! Buyer to verify all information during due diligence.
Location not available

Exterior Features

  • Construction Condo
  • Siding Wood Siding
  • Exterior Termite Contract
  • Garage No

Interior Features

  • Appliances Dishwasher, Disposal, Microwave, Electric Range, Refrigerator w/Ice Maker
  • Heating Electric, Central
  • Year Built 1982
  • Stories 2

Neighborhood & Schools

  • Subdivision Ocean Reef
  • Elementary School Gulf Shores Elementary
  • Middle School Gulf Shores Middle
  • High School Gulf Shores High

Financial Information

  • Parcel ID 6604203000003.001
  • Zoning PUD

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