507 W Beach Blvd Active

Gulf Shores,AL 36542

$ 359500

1 Bed

1 Bath

572 SqFt


Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 572 sqft

Price per Sqft $628

MLS Listing ID 663243

Style Traditional

Bedrooms 1

Full Baths 1

HOA Fees $285/ann

HOA Y/N Yes

Year Built 1982

Property Sub-Type Condo

Source Pensacola MLS

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.

Location

State AL

County Baldwin

Zoning Res Single

Rooms

Dining Room Kitchen/Dining Combo

Kitchen Updated

Interior

Heating Central

Cooling Central Air,Ceiling Fan(s)

Flooring Tile,Carpet

Appliance Electric Water Heater,Dishwasher,Refrigerator

Exterior

Exterior Feature Balcony,Barbecue

Parking Features Covered,Guest

Pool In Ground

Community Features Beach,Picnic Area

Waterfront Description Gulf,Waterfront,Beach Access,Deed Access

View Y/N No

Roof Type Composition

Garage No

Building

Faces From Hwy 59 intersection with Beach Blvd, go West 1/4 mile, Ocean Reef will be on your left, beachside.

Story 1

Water Public

Structure Type Frame

New Construction No

Others

HOA Fee Include Association,Maintenance,Management,Pest Control,Trash,Water/Sewer

Tax ID 6604203000003.000902

Pets Allowed Yes

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