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507 W Beach Boulevard , #102

Gulf Shores, AL 36542
  • $359,500
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 378094
Price Reduced
UPDATED: 178 min ago
$359,500
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 572
    SQFT
  • $628
    $/SQFT
Neighborhood:
Ocean Reef
Type:
Condo
Built:
1982
County:
Baldwin
Area:
Gulf Shores 1

School Information

Elementary School:
Gulf Shores Elementary
Middle School:
Gulf Shores Middle
High School:
Gulf Shores High
School Ratings & Info

Description

PRICE IMPROVEMENT! 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 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. Buyer to verify all information during due diligence.

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Listing information © 2025 Baldwin County Association of REALTORS® MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Butler & Co Real Estate. Data last updated 2025-06-13T00:27:58.81.
www.thebutlerandco.com/homes/162963032
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507 W Beach Boulevard , #102 Gulf Shores, AL 36542

  • Price: $359,500
  • Status: Active
  • On Site: 49 Days
  • Updated: 178 min ago
  • MLS #: 378094
1
Beds
1
Baths
0
½ Baths
N/A
Acres
572
SQFT
$628
$/SQFT
1982
Built
Neighborhood:
Ocean Reef
County:
Baldwin
Area:
Gulf Shores 1
Elementary School:
Gulf Shores Elementary
Middle School:
Gulf Shores Middle
High School:
Gulf Shores High
Property Description
PRICE IMPROVEMENT! 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 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. Buyer to verify all information during due diligence.
Exterior Features

Boat Facilities Description None Carport YN No Construction Materials Wood Siding Entry Level 1 Exterior Features Termite Contract Foundation Details Pilings Garage YN No Levels One Parking Features AssignedCovered Parking Total 2 Patio And Porch Features Covered View Northern ViewSouthern View View YN Yes Water Body Name Gulf of Mexico/America Waterfront Features Deeded Access Waterfront YN Yes

Interior Features

Appliances DishwasherMicrowaveElectric RangeRefrigerator Building Area Total 572 Cooling Central Electric (Cool) Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring CarpetTile Furnished Furnished Heating Central Heating YN Yes Interior Features Ceiling Fan(s)En-SuiteInternet Kitchen Level Main Laundry Features Common Area Master Bedroom Level Main

Property Features

Association Fee 285 Association Fee Frequency Monthly Association Fee Includes Association ManagementCommon Area InsuranceMaintenance GroundsPest ControlReserve FundsTaxes-Common AreaTrashWater/SewerInternetPool Association YN Yes Community Features BBQ AreaCovered EntryInternetPool - OutdoorWater Access-Deeded Electric Baldwin EMC New Construction YN No Number Of Units In Community 45 Ownership Whole/Full Pets Allowed Owners Only Pool Features CommunityAssociation Property Attached YN Yes Property Condition Resale Property Sub Type Condominium Structure Type Condo Tax Annual Amount 1358.94

Listing provided by Levin Rinke Realty: PHONE: 251-219-0055. Listing information © 2025 Baldwin County Association of REALTORS® MLS.


Listing information © 2025 Baldwin County Association of REALTORS® MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or Butler & Co Real Estate. Data last updated 2025-06-13T00:27:58.81.
 
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Fairhope AL, 36532