507 W Beach Boulevard #102 Active

Gulf Shores,AL 36542

$ 359500

1 Bed

1 Bath

572 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 572 sqft

Price per Sqft $628

Subdivision Ocean Reef

MLS Listing ID 378094

Bedrooms 1

Full Baths 1

Construction Status Resale

HOA Fees $285/mo

Year Built 1982

Annual Tax Amount $1,358

Property Sub-Type Condominium

Property Description

PRICE IMPROVEMENT and ZERO DOWN SELLER FINANCING AVAILABLE! Instant revenue producer with upcoming bookings! 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. 2025 assessment has been paid in full. Gross 2024 rental was nearly $39,000 through Airbnb and VRBO combined. Buyer to verify all information during due diligence.

Location

State AL

County Baldwin

Area Gulf Shores 1

Interior

Interior Features Ceiling Fan(s),En-Suite,Internet

Heating Central

Cooling Central Electric (Cool)

Flooring Carpet,Tile

Fireplace No

Appliance Dishwasher,Microwave,Electric Range,Refrigerator

Laundry Common Area

Exterior

Exterior Feature Termite Contract

Parking Features Assigned,Covered

Pool Community,Association

Community Features BBQ Area,Covered Entry,Internet,Pool - Outdoor,Water Access-Deeded

Waterfront Description Deeded Access

View Y/N Yes

View Northern View,Southern View

Garage Yes

Building

Story 1

Foundation Pilings

Unit Floor 1

New Construction No

Construction Status Resale

Schools

Elementary Schools Gulf Shores Elementary

Middle Schools Gulf Shores Middle

High Schools Gulf Shores High

Others

Pets Allowed Owners Only

HOA Fee Include Association Management,Common Area Insurance,Maintenance Grounds,Pest Control,Reserve Funds,Taxes-Common Area,Trash,Water/Sewer,Internet,Pool

Ownership Whole/Full

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