- Price$449,900
- Beds2
- Baths2
- SQ. Feet1,044
- Acres2.01
- Built1982
507 W Beach Boulevard Unit 113, Gulf Shores
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!
Essential Information
- MLS® #355926
- Price$449,900
- Bedrooms2
- Bathrooms2.00
- Full Baths1
- Half Baths1
- Square Footage1,044
- Acres2.01
- Year Built1982
- TypeResidential
- Sub-TypeCondominium
- StatusActive
Amenities
- AmenitiesBBQ Area, Internet, Landscaping, Pool - Outdoor, Water Access-Deeded
- UtilitiesGulf Shores Utilities, Cable Connected
- ParkingCovered, Deeded
- ViewIndirect Gulf Side, Pool Area View
- Boat FacilitiesNone
- Is WaterfrontYes
- WaterfrontGulf Front - Building
- Has PoolYes
- PoolCommunity, Association
Exterior
- ExteriorWood Siding
- Exterior FeaturesTermite Contract
- WindowsWindow Treatments
- ConstructionResale
- FoundationPilings
Additional Information
- ZoningPUD
- HOA Fees400
- HOA Fees Freq.Monthly
Community Information
- Address507 W Beach Boulevard Unit 113
- AreaGulf Shores 1
- SubdivisionOcean Reef
- CityGulf Shores
- CountyBaldwin
- StateAL
- Zip Code36542
Interior
- InteriorCarpet, Tile
- Interior FeaturesInternet, Split Bedroom Plan
- AppliancesDishwasher, Disposal, Microwave, Electric Range, Refrigerator w/Ice Maker
- HeatingElectric, Central
- FireplaceYes
- # of Fireplaces1
- # of Stories2
- StoriesTwo
School Information
- ElementaryGulf Shores Elementary
- MiddleGulf Shores Middle
- HighGulf Shores High
Listing Details
- Listing OfficeRealty Executives Gulf Coast
- Contact InfoPHONE: 314-221-9008
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.
Listing information last updated on April 27th, 2024 at 4:00pm CDT.