6194 STATE HIGHWAY 59 L-4
Gulf Shores, AL, 36542 $ 229,000
Bedrooms2 Baths2.0 Sq 1,017 Monthly Estimate*
$ 1,410
for $229,000 with 2 bedrooms and 2 full baths. This 1,017 square foot condo was built in 2006.
Welcome to Southern Serenity!! The most affordable way to experience the ultimate coastal lifestyle is this gorgeous 2 bedroom, 2 bathroom 1017 sq. ft. unit with covered balcony at Colony Club! Whether you're seeking a "home-away-from-home" or a FULLY furnished, turnkey investment, this property is perfectly positioned just 5 miles from the sugar-white sands of Gulf Shores. L-4 is perfect with a modern interior featuring a split floor plan and an en-suite primary bedroom. This unit boasts extensive 2024 updates including new shiplap, fresh paint throughout, a new HVAC system, new water heater, new appliances, along with a $7,000. master bath remodel. Other improvements include all-new flooring (2023), and updated sheetrock/ceilings (2020). But wait, there is also outdoor storage and boat parking available! The investment potential here is already established as an income -producing rental with gross income projections ranging from $20,000 to $28,000 per year. Colony Club also offers one of the lowest HOA dues in the area within a secure, gated environment. You or your guests will enjoy the outdoor pool, hot tub, clubhouse, fitness room, tennis courts, a BBQ area, fire pit, and ample parking. Prime Location?? YES! Colony Club is located within walking distance of the Alabama Gulf Coast Zoo, minutes away from the Gulf Shores Sportsplex, OWA, Foley’s premier shopping and dining, and endless coastal activities. Don’t miss this move-in-ready gem! All liens have been lifted with NO litigation pending. Colony Club is ready to finance. Buyer to verify all information during due diligence.
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List ByWendy MorganListing Agent
Lewis & Co. Real EstateBroker
morgan.wendyd17@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,410
- Monthly Property Taxes
- $117
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyCondo listings in Gulf Shores, AL
Average List Price $519,889
Percent of Sale Price 127%
About Gulf Shores, AL 11,977 Population
81% Since 2002
$ 54,232 Median Income
43.13 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Gulf Shores High High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/27/2026 | $229,000 | | Listed Price |