Gulf Coast Real Estate Info - CondoInvestment.com

1031 exchange gulf shores alabama

A 1031 exchange is a provision in the United States tax code that allows an individual or entity to defer paying capital gains taxes on the sale of certain types of investment or business property. Under the 1031 exchange, the proceeds from the sale of the original property are reinvested in a similar type of property, which is referred to as a "like-kind" property. This reinvestment must take place within a certain time frame and follow specific rules and regulations. By deferring the capital gains taxes, the individual or entity can use the full proceeds from the sale to invest in the new property, allowing them to potentially build wealth faster than they would if they had paid taxes on the sale of the original property. It's important to note that

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Coastal-AL Restaurant Orange Beach

COASTAL Orange Beach is now open!

A lot of activity is happening in Orange Beach at the intersection of AL-182 and Hwy 161. The city of Orange Beach has partnered with O.B. Land LLC in a public – private partnership to provide public beach access and a family-friendly destination restaurant. The outdoor bar, kitchen and retail space is slated to open later this summer with plans for the indoor restaurant to open in January.

This project promises to be a beautiful addition to Orange Beach.  It will include three one level buildings on four acres with 20,000 square feet of restaurant space, 3,000 square feet of bar space and 5,000 square feet of retail to provide shopping, food and drink for those ready to take a break from the beach.  The

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Tropic Falls at OWA Park

Tickets are now on sale for Tropic Falls Theme Park at OWA. OWA entertainment district expanded its amusement park this summer to include a 100,000 square foot indoor-outdoor water park. Season Passes, which include the water park and amusement park, begin at $269.99 with a one-day admission ticket to both parks priced at $63.00 if purchased online. Tropic Falls is set to open phase one on June 27. OWA, pronounced “oh-wah”, is the Muscogee Creek Indian word for big water and Tropic Falls promises to provide just that. Phase one will include access to six thrill slides, a five slide children's play area, lazy river, dining area, arcade and party rental rooms. The phase one fun is all indoors, enclosed in a beautiful glass building so that locals and

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Wharf Pepsi Beach Ball Drop

Just a 10 – 15 minute drive from the beach you will find The Wharf located at Foley Beach Expressway and Canal Road in Orange Beach, Alabama. The Wharf is an official entertainment district with an array of amenities, where locals and friends here on vacation can experience hundreds of fun activities and family friendly events throughout the year.

The Wharf will kick off Memorial Day Weekend and the unofficial start of summer with the Pepsi Beach Ball Drop on Friday, May 27. This family fun event is open to all and is free of charge. The Wharf will get the ball rolling on a great summer by dropping 4,000 beach balls from the sky. Some of the balls in the beach ball rain shower will contain a letter that corresponds to a prize for the lucky

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Hangout Music Festival

Coming soon, the Hangout Music Festival will be back on the beautiful Gulf Shores public beaches May 20 - 22. The Festival began in 2010 and has grown through the years bringing in more than 40,000 fans a day to the last festival in 2019. Hangout 2020 and 2021 did not happen due to Covid and loyal fans expect this comeback year to be better than ever. This beachside festival is considered one of the top destinations in the world for musical entertainment. The 2022 line up includes more than 80 acts. From Grammy award winning artists to local talent who won the battle of the bands to take the stage, year after year the Hangout Music Fest delivers the best names in pop, rock, rap, dance music and more but it’s the festival perks and location that makes this

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Caribe-seaside-beach

Plans for Caribe Seaside have just been announced and units are available for reservation. With all of the condominiums up and down the beautiful Gulf Coast, renters and investors have no shortage of places to enjoy the sugar sand beaches and southern hospitality. This new project, however, offers more than any other in the area.  Local developer Larry Wireman, who is responsible for the luxury Orange Beach condominiums Turquoise Place and The Caribe, says his company’s motto is to “create a project unlike any other” and I believe he will accomplish just that with this new venture.

Caribe Seaside offers one hundred and fifteen gulf front residences that will consist of three or five bedrooms complete with high end finishes, fireplaces in the living

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New Update: Phoenix South Point will replace the Atlas project. Please call 251-504-1121 or email info@condoinvestment.com for more information. 

Atlas Condos Orange Beach

Atlas is the latest luxury condominium to be built in the heart of Orange Beach near the southern terminus of Hwy 161. World-renown architect Forrest Daniells is the vision behind Atlas and responsible for a number of impressive developments along the Gulf Coast including Turquoise Place, Vista Del Mar, Mirabella, and LaRiva. The project will be kept at low-density offering just 38 exclusive residences each with views of the Gulf of Mexico. 

Atlas will offer desirable resort amenities suited for the entire family including a beachfront zero-entry pool, heated indoor pool, hot tub, exercise facility,

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Boating condos in Orange Beach AL using aerial image map

Over 40 condominiums sit along the backwaters of Orange Beach, Alabama ranging from quiet canals and bayous to the open waters of the Terry Cove and Bayou Saint John. Orange Beach is a boater's haven offering plenty of water activities including sports-fishing, scuba diving, sailing, and dolphin tours. During warmer weather, you will find boaters anchored along Robinson & Bird Islands a popular destination with white sand beaches and shallow water. The back bays are great for sightseeing and you're likely to spot dolphins, blue herons, and other wildlife around Terry Cove and Perdido Pass. If you're looking to grab a bite to eat, the area offers numerous waterfront dining options easy accessible by boat. Some of our favorite

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Alabama Beaches reopen

NEW UPDATE - MAY 12, 2020

Governor Ivey has announced an amended "Safer-At-Home" order during Friday's COVID19 press conference. The statewide health order will allow restaurants to reopen dining areas with limited table seating and follow all social distancing and sanitation guidelines. Close-contact service providers such as commercial gyms, fitness centers, barbershops, hair/nail salons are permitted to reopen subject to social distancing and sanitation rules. Other notable changes include removing the social gathering limit of 10 or less. You are still required to maintain 6 feet of distance between persons not from same household. The amended order will go into effect on Monday, May 11, 2020 and expire Friday, May 22, 2020 at 5:00PM. 

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2020 Gulf Coast events

Aside from beautiful beaches, the Gulf Coast offers a great selection of annual events and festivals throughout the year. There's something for all ages including beachside concerts, fishing rodeos, boat shows, wine tastings, and plenty of festivals! The following is an up-to-date list of 2020 events taking place along the Gulf Coast from Gulf Shores, Alabama to Panama City Beach, FL. Mark your calendars and let's have fun in the sun, sand, and surf!

*Some events have been canceled or postponed due to COVID-19.

2020 Events in Coastal Alabama & Pensacola, FL

Orange Beach Seafood Festival & Car Show
When: February 29, 2020
Where: The Wharf, Orange Beach, AL 

1st Annual Fort Morgan Oyster Festival
When: February 29, 2020
Where: Sassy Bass

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