507 W Beach Boulevard # 113 Gulf Shores, AL $ 449,900
507 W Beach Boulevard # 113
$ 449,900
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507 W Beach Boulevard # 113

Gulf Shores, AL, 36542
$ 449,900
Bedrooms2 Baths1.1 Sq 1,044

Monthly Estimate*

$ 3,143

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Condo for sale in Gulf Shores, AL

for $449,900 with 2 bedrooms and 1 full bath, 1 half bath. This 1,044 square foot condo was built in 1982 on a lot size of 2.0064.

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!

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Condo Active

Price

$ 449,900

Bedrooms

2

Full Bath

1

Half Bath

1

Property Type

Condo

Taxes

$ 1,609

Style

Condominium

Lot Size

2.0064

Year Built

1982

Town/City

Gulf Shores

County/Region

Baldwin

MLS | Web ID

355926

Features
General
Interior Features Internet Split Bedroom Plan
Heating Electric Central
Utilities Gulf Shores Utilities Cable Connected
Appliances Dishwasher Disposal Microwave Electric Range Refrigerator w/Ice Maker
Exterior Features Termite Contract
HOA 400
Association Fee Includes Association Management Cable TV Common Area Insurance Maintenance Grounds Custodial Services Pest Control Recreational Facilities Reserve Funds Taxes-Common Area Trash Water/Sewer Internet Pool
Pool Features Community Association
Construction Materials Wood Siding
Pets Allowed Allowed
Year Built 1982
Electric Baldwin EMC
View Indirect Gulf Side Pool Area View
Stories 2
Levels Two
Unit Number 113
Property SubType Condominium
Percent Ownership Condominium
Waterfront Features Gulf Front - Building
Community Features BBQ Area Internet Landscaping Pool - Outdoor Water Access-Deeded
Assoc Fee Paid Per Monthly
County Baldwin
New Construction N
Property Type Residential
HOA / Comm Assn Y
Subdivision Name Ocean Reef
Garage Y/N N
Status Active
Directions From Hwy 59 and The Hang Out turn right on W Beach Blvd Ocean Reef Condos on the beach side 1/2 mile just before you get to the Island Tower Condos
High School Gulf Shores High
City Gulf Shores
Buyer Agent Compensation 2.5
Body of Water Gulf of Mexico
View Y/N Y
Senior Community Y/N N
Zoning Description PUD
MLS Area Gulf Shores 1
Lot Size Square Feet 87400
Waterfront Y/N Y
Carport Y/N N
Street Name Beach Boulevard
Elementary School Gulf Shores Elementary
Property Attached Y/N Y
Tax Annual Amount 1609
Home Warranty Y/N N
Middle/Junior High School Gulf Shores Middle
Property Condition Resale
Structure Type Condo
Building Area Units Square Feet
Master on main Main
Standard Status Active
Tax Lot 113
Buyer Agent Compensation Type %
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Interior
Flooring Carpet Tile
Furnished Y/N Furnished
Total Fireplaces 1
Kitchen Level Main
Air Conditioning Y/N N
Heating Y/N Y
Window Features Window Treatments
Fireplace Y/N Y
Full Baths 1
Half Baths 1
Laundry Features Common Area
Total Bedrooms 2
Entry Level 2
Living Room Level Main
Total Baths 2
Master Bathroom Features Tub/Shower Combo Single Vanity
Dining Room Features Lvg/Dng Combo
Kitchen Area 81
Kitchen Length 9
Kitchen Width 9
Primary Bedroom Level: First Floor 240
Second Bedroom Length 20
Second Bedroom Width 12
Dining Room Area 8 64
Dining Room Width 8
Living Room Area 288
Living Room Length 24
Living Room Width 12
Master Bedroom Area 132
Master Bedroom Features 1st Floor Primary
Master Bedroom Length 12
Master Bedroom Width 11
Dining Room Level Main
Second Bedroom Level Second
Living Area Units Square Feet
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Exterior
Parking Features Covered Deeded
Lot Size Area 2.0064
Foundation Details Pilings
Spa N
Building Area Total 1044
Lot Dimensions 200 x 437
Lot Size Acres 2.0064
Lot Size Units Acres
Open Parking Y/N N
Boat Facilities None
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* Excluded Features
List By
Nancy Gordon

Listing Agent

Realty Executives Gulf Coast

Broker

nancyanngordon@gmail.com

Email

Affordability Calculator

$3,277
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,143
Monthly Property Taxes
$134
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2086579 Elementary School
2086574 Middle School
Gulf Shores High High School
Pricing History
DatePricePrice ChangeDescription
1/6/2024$449,900 Listed Price

Map


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507 W Beach Boulevard # 113, Gulf Shores, AL, 36542 is a Condo for sale at $449,900 with 1,044 sqft and a lot size of 2.0064. 507 W Beach Boulevard # 113 has 2 bedrooms, 1.1 baths, and was built in 1982. The property's zip code is 36542 which is in Gulf Shores, AL