$548,900
For Sale

507 W Beach Boulevard

Gulf Shores, AL 36542
987 sqft | 3 beds | 2 baths | #370873
Browse 41 photos
Type:Purchase
Structure:Condo
Zone:Residential

Description

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.

  • Property Details
      • AppliancesDishwasher, Disposal, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer/Dryer Stacked
      • Waterfront FeaturesBeach Accs (<=1/4 Mi), Beach Side - Building, Gulf Accs (<=1/4 Mi), Gulf Front - Building
      • CoolingCentral Electric (Cool)
      • Pool DescriptionCommunity, Association
      • Pool FeaturesCommunity, Association
      • Elementary SchoolGulf Shores Elementary
      • Parcel Number6604203000003.000.920
      • ViewIndirect Gulf Side
      • Middle SchoolGulf Shores Middle
      • HeatingElectric, Central
      • High SchoolGulf Shores High
      • Utility FeaturesCable Connected
      • InteriorCeiling Fan(s)
      • Community FeaturesPool - Outdoor
      • Property SubtypeCondominium
      • SubdivisionOcean Reef
      • OwnershipWhole/Full
      • Parking FeaturesAssigned
      • Property TypePurchase
      • FoundationPilings
      • CountyBaldwin
      • Taxes Annual$2,894
      • MLS #370873
      • Cost548900
      • MLS #370873
      • Property ConditionResale
      • Structure TypeCondo
      • Year Built1982
      • Square Feet987
      • Hoa Fees480
      • Bedrooms3
      • Bathrooms2
      • Full Baths2
      • Stories2
      • Hoa1

Location

Lindsey MilamReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

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2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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