507 W Beach Boulevard #102 Active Save Request In-Person Tour Request Virtual Tour
Gulf Shores,AL 36542
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 572 sqft
Price per Sqft $594
Subdivision Ocean Reef
MLS Listing ID 378094
Bedrooms 1
Full Baths 1
Construction Status Resale
HOA Fees $285/mo
Year Built 1982
Annual Tax Amount $1,358
Property Sub-Type Condominium
Property Description
Looking for a solid real estate investment or just your own vacation getaway? Ocean Reef is a low-density beachside building right in the heart of Gulf Shores with seller financing offered! This is an ever-booked rental, being only 1/4 from the Hangout and easily walkable to restaurants and shops. This unit comes with one assigned and covered parking spot, and there is guest parking on site. BRAND NEW AC installed 7/10/25! This furnished unit features updated furniture and appliances, low-maintenance ceramic tile in living spaces, carpet in the bedroom, and fresh paint on the walls. 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 right on the Gulf. Gross 2024 rental was nearly $39,000 through Airbnb and VRBO combined and 2025 is on track for same. Buyer to verify all information during due diligence.
Location
State AL
County Baldwin
Area Gulf Shores 1
Interior
Interior Features Ceiling Fan(s),En-Suite,Internet
Heating Central
Cooling Central Electric (Cool)
Flooring Carpet,Tile
Fireplace No
Appliance Dishwasher,Microwave,Electric Range,Refrigerator
Laundry Common Area
Exterior
Exterior Feature Termite Contract
Parking Features Assigned,Covered
Pool Community,Association
Community Features BBQ Area,Covered Entry,Internet,Pool - Outdoor,Water Access-Deeded
Waterfront Description Deeded Access
View Y/N Yes
View Northern View,Southern View
Garage No
Building
Story 1
Foundation Pilings
Unit Floor 1
New Construction No
Construction Status Resale
Schools
Elementary Schools Gulf Shores Elementary
Middle Schools Gulf Shores Middle
High Schools Gulf Shores High
Others
Pets Allowed Owners Only
HOA Fee Include Association Management,Common Area Insurance,Maintenance Grounds,Pest Control,Reserve Funds,Taxes-Common Area,Trash,Water/Sewer,Internet,Pool
Ownership Condominium
Virtual Tour https://my.matterport.com/show/?m=nomzn5HPSFh