6194 STATE HIGHWAY 59 D5
Gulf Shores, AL, 36542 $ 209,900
Bedrooms2 Baths2.0 Sq 1,040 Monthly Estimate*
$ 1,292
for $209,900 with 2 bedrooms and 2 full baths. This 1,040 square foot condo was built in 2006 on a lot size of 15.
Gorgeous 2 bedroom, 2 bathroom 1040 sq. ft. first floor unit with covered balcony at Colony Club at Drakes Landing! This could be your "home-away-from-home", or a FULLY furnished, turnkey investment, or a combination that pays for itself. At only a few miles from the sugar-like sands of Gulf Shores it is just outside all the traffic and commotion. D-5 is fabulous with an updated and modern interior featuring a split floor plan, shaker cabinets, stainless steel appliances, new luxury vinyl plank flooring (2026), new light fixtures (2026), fresh paint throughout (2026), a new water heater (2025). Pull out queen sofa in living room will accommodate additional guests. Outdoor storage and boat parking available on site. This gem has established investment potential as an income producing rental with projections of upwards of $28,000 per year. With one of the lowest HOA dues in the area within a private, secure, gated community Colony Club provides you or your guests an outdoor pool, hot tub, clubhouse with fitness center, tennis courts, a BBQ area, fire pit, and plenty of parking. Colony Club is in a prime location as it is within minutes from the Gulf Shores Sportsplex, OWA, Foley’s premier outlets with shopping and dining, and countless coastal and beach activities. There are no liens, pending litigation, upcoming special assessments or other such obstacles or roadblocks. Buyer or buyers agent to verify any and all information. Buyer to verify all information during due diligence.
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List BySteven KolenoListing Agent
Beycome Brokerage Realty LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,292
- Monthly Property Taxes
- $116
- 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 $504,228
Percent of Sale Price 140%
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
Foley High High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/24/2026 | $209,900 | | Listed Price |