San Carlos Condos for Sale
365 East Beach Blvd. | Gulf Shores, AL 36542
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San Carlos condos were finished in 2007 in the midst of a volatile market. San Carlos was developed by the same developer as the Lighthouse condos in downtown Gulf Shores, but what a difference a year can make. Upon completion of San Carlos, a large portion of the original buyers did not close on their units due to the faltering Gulf Shores real estate market. The aforementioned developer was left holding approximately 80% of the units. Alas, he could not continue paying interest for the entire building causing the note holder to force his hand. Shortly after he allowed the condos of San Carlos to enter foreclosure, we began to see, what turned out to be, a trend in our area for a solid year: real estate auctions. more
|Floor Plans||2BR - 3BR (1,229 - 1,568 sq.ft.)|
|Number of units||142|
|Rental Revenue||+/- $45,000 annually|
|Pet Friendly||For Owners|
Current San Carlos Listings
- Watersport Rentals
- Beachside Pool
- Fitness Center
- Covered Parking
San Carlos Condo Investment Info / Rental Revenue
Increase your revenue with these RENTAL TIPS.
2BR Annual rental production: $44,614
3BR Annual rental production: $45,000+ (Please call or email for important info regarding this floor plans annual revenue)
Annual rental income for San Carlos and all other condos
San Carlos became one of the first Gulf Shores, Alabama real estate auctions and over 1,400 potential investors participated to purchase the units at discounted prices. Subsequent to this auction, a negative perception was spawned which seemed to last for almost a full year. What really happened was many San Carlos buyers got great deals on very nice, well-built condos. Today San Carlos represents a solid investment condo with rentals booming. The negative stigma surrounding the San Carlos condos has dissipated, leaving in its place a popular reputation among visitors and residents to Gulf Shores.
Some of the best deals on a beach-front condo can be found at San Carlos. The condo development is just a short walk from the Gulf Shores Hangout, all of downtown Gulf Shores, and the Gulf Shores State Park. San Carlos is also approximately one-quarter of a mile from the Alabama State Fishing Pier. San Carlos would make both a good investment property, primary residence, or second home in central Gulf Shores, Alabama. Please email us for further details or with any questions and as always, we greatly appreciate your consideration in deciding on your local real estate professional. Please contact us with further questions, info needs, or would like to schedule a private viewing for San Carlos condominiums in Gulf Shores, or any other condo or property. Also, browse all Orange Beach condos for sale using a variety of searches.
San Carlos Pictures & Video
The condos below represent the top revenue producing condos in Gulf Shores. Find property details, revenue projections and history details, current listings and helpful info and links to research important real estate info.
Gulf Shores Top Revenue Producing Condos
The Colonnades - 3 & 4BR condos ranging from 1,700 - 2,140 sq ft. Colonnades was built in 2006 and consists of 53 gulf front condos.
Crystal Shores - All 2BR condos over 1,000 sq ft. Crystal Shores consists of 88 units built in 2004.
Crystal Shores West - 2 & 3BR condos built in 2006 and consisting of 108 gulf front condos.
Island Royale - 2 & 3B condos from 1,000 to 1,300 sq ft. Built in 2004, Island Royale consists of 84 gulf front condos.
Island Tower - All 3BR condos around 1,600 sq ft. Built in 2000 and consists of 65 gulf front condos.
Lighthouse - 1, 2, 3 & 4BR condos from 900 - 2,100 sq ft. Lighthouse was built in 2006 and consists of 251 gulf front condos.
San Carlos - 2 & 3BR condos from 1,200 - 1,500 sq ft. San Carlos was built in 2007 and consists of 142 gulf front units.
Seawind - 2 & 3BR condos from 1,100 - 1,700. Seawind consists of 155 gulf front condos built in 2006.
Royal Palms - 1 & 2BR condos. Royal Palms was built in 1999 and consists of 101 gulf front condos.
Click here to view additional info for San Carlos condos in Gulf Shores, AL.
The data relating to real estate for sale on this website comes from the Baldwin County Association Of REALTORS®. The information being provided is 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. Information deemed reliable but not guaranteed.