Ocean Reef Condos for Sale
507 West Beach Blvd. | Gulf Shores, AL 36542

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Ocean Reef Condo Gulf Shores

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Ocean Reef condos were built in 1982. This development was one of the earliest complexes built in Gulf Shores. It is located directly on the beach, just west of the public beach. Like Island Winds, its location is one of the biggest selling points. This 49-unit, two-story, wood-framed complex offers a wide variety of unit types, views, and price ranges. The smallest units are one-bedroom/one-bathroom (572 sq. ft.) condos that are located on the north side of the complex and do not offer any gulf-front views, but do offer pool views and provide owners an inexpensive means to get to the beach. The two-bedroom (900 sq. ft.) units offer indirect or side views of the beach or of the pool area. The three-bedroom/two-bathroom gulf-front units offer a truly unique town home-style floor plan. more

Current Ocean Reef Listings

All Listings $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000
7 Properties Found. Showing Page 1 of 1
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Ocean Reef Amenities:

  • Gulf Front Complex
  • Outdoor Pool
  • High-speed WiFi
  • Coin-Operated Laundry Facilities
  • Onsite Parking
  • No Elevator

Ocean Reef Condo Investment Info / Rental Revenue

1BR Annual rental projections: $22,000 - $30,000
2BR Annual rental projections: $36,000 - $42,000
3BR (GV) Annual rental projections: $50,000 - $58,000 

Use our Alabama Gulf Coast Condo Revenue page to find annual rental incomes for Ocean Reef and all other Gulf Shores condos.

Revenue projections are based on current market performance. Variables affecting rental revenue may include owner use, unit layout/views, furnishings, economic/political trends, and weather conditions. 

These units boast magnificent views of the beach and of the Gulf of Mexico. Each of these two-story units are a whopping 1500 square feet. The complex has a beautiful secluded, heavily landscaped, courtyard area with an outdoor pool. The complex also offers a BBQ area. This complex offers a unique, almost beach house environment that is worth checking out. Please let us know if you would like further info for Ocean Reef or any other condos, homes, or real estate along the Gulf Coast or would like to schedule a private viewing by emailing info@condoinvestment.com or by calling (251) Area-Pro (251-273-2776) for immediate assistance.

OLD Ocean Reef Pictures

 

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 29th, 2025 at 12:00pm CDT.