507 W Beach Boulevard Unit 113, Gulf Shores, AL

$449,900

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2

Beds

2

Baths

1,044

Square feet

2.01

Acres

About 507 W Beach Boulevard Unit 113

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!

Features of 507 W Beach Boulevard Unit 113

MLS® # 355926
Price $449,900
Bedrooms 2
Bathrooms 2.00
Full Baths 1
Half Baths 1
Square Footage 1,044
Acres 2.01
Year Built 1982
Type Residential
Sub-Type Condominium
Status Active

Community Information

Address 507 W Beach Boulevard Unit 113
Area Gulf Shores 1
Subdivision Ocean Reef
City Gulf Shores
County Baldwin
State AL
Zip Code 36542

Amenities

Amenities BBQ Area, Internet, Landscaping, Pool - Outdoor, Water Access-Deeded
Utilities Gulf Shores Utilities, Cable Connected
Parking Covered, Deeded
View Indirect Gulf Side, Pool Area View
Is Waterfront Yes
Waterfront Gulf Front - Building
Has Pool Yes
Pool Community, Association

Interior

Interior Carpet, Tile
Interior Features Internet, Split Bedroom Plan
Appliances Dishwasher, Disposal, Microwave, Electric Range, Refrigerator w/Ice Maker
Heating Electric, Central
Fireplace Yes
# of Fireplaces 1
# of Stories 2
Stories Two
Has Basement No

Exterior

Exterior Wood Siding
Exterior Features Termite Contract
Windows Window Treatments
Construction Resale
Foundation Pilings

School Information

Elementary Gulf Shores Elementary
Middle Gulf Shores Middle
High Gulf Shores High

Additional Information

Zoning PUD
Foreclosure No
Short Sale No
HOA Fees 400
HOA Fees Freq. Monthly

Listing Details

OfficeRealty Executives Gulf Coast
Contact InfoPHONE: 314-221-9008

Listing Map

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