407 West Beach Blvd Unit 880, Gulf Shores

$445,000

3 Beds
2 Baths
1,234 Sqft
0 Acres
0 Garages

For the first time in over twenty years, this stunning Gulf front west corner penthouse unit is for sale! The condo features expansive Gulf views from the living room and kitchen, an oversized southern balcony, floor to ceiling glass installed in 2018/19, custom drapes, and Italian tile floors. The complex offers an outdoor pool, kiddie pool, barbecue area, exercise room, and easy access to the beach. The highly sought-after Island Winds complex is located less than 4/10 of a mile from Hwy 59, adjacent to the Alabama State Park, and only steps to the Hangout and other dining and shopping. The HVAC was replaced in 2019, hot water heater in 2020, and disposal in 2019. Rental returns are excellent in this building due to its convenient location (TurnKey Vacation Rentals projection of $55,433 generating a 5.91% Cap Rate and an Internal Rate of Return of 23.30% over a ten year hold period)! This unit can also be purchased with a private one car garage (G2) that includes an additional surface parking space (MLS 298104 - priced at $35,000).

Essential Information
MLS® #298103
Price$445,000
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage1,234
Acres0.00
Year Built1983
TypeCondo
StyleCondo
StatusActive
Sub-Type

Corner Unit, Penthouse, Top Floor, Residential Attached, Three Bedroom

Community Information
Address407 West Beach Blvd Unit 880
AreaGulf Shores 1
SubdivisionIsland Winds West
CityGulf Shores
CountyBaldwin
StateAlabama
Zip Code36542
Amenities
FeaturesCeiling Fan(s)
ViewDirect Gulf Front
Is WaterfrontYes
Has PoolYes
Amenities

Landscaping, Pool - Outdoor, BBQ Area, Common Lobby, Exercise Room, Pool - Kiddie

Utilities

Baldwin EMC, Gulf Shores Utilities

Waterfront

Gulf Front - Building, Gulf of Mexico

Interior
InteriorCarpet, Tile
CoolingCentral Electric, Heat Pump
# of Stories1
StoriesOne
Interior Features

Cable, En-Suite, Internet, Window Treatments

Appliances

Dishwasher, Microwave, Refrigerator, Range-Electric

Exterior
ExteriorStucco
ConstructionResale
FoundationConcrete Block
School Information
ElementaryGulf Shores Elementary
MiddleGulf Shores Middle
HighGulf Shores
Additional Information
Date ListedMay 6th, 2020
Days on Market30
HOA Fees780.00
HOA Fees Freq.Monthly
Listing Details
OfficeRE/MAX of Orange Beach
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Listing information last updated on June 5th, 2020 at 2:00pm CDT.