$1,795,000

1940 W Beach Blvd Unit PH 16 Gulf Shores, AL 36542

Estimated payment $12,199/month

Total Views 1,204
5 Beds
3.5 Baths
3,746 Sq Ft
$479 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Private Dock
  • Fitness Center
  • Gulf Shores Elementary School Rated A-
  • Property fronts an intracoastal waterway
  • Penthouse

About This Home

Looking for a Great Investment Property/1031 Exchange, New Primary Residence or A Second Home For Weekend Get Away? Welcome to Lagoon Tower Penthouse 16 located on West Beach in Gulf Shores, AL. This fully furnished property offers luxurious living with breathtaking views of the Gulf of America and Little Lagoon. You’ll love the open concept living the minute you walk out one of the two private elevators to access the unit. PH 16 features 5 Bedrooms, 3.5 baths, 3,746 SF+/-. Enjoy sunsets & sunrises from the floor to ceiling windows in the kitchen, living room, dining room, and all bedrooms Plus on the 2 oversized balconies with Adirondack chairs. Primary suite is located on the lagoon side of unit with a private balcony and en-suite bathroom with double vanities, jacuzzi tub, walk-in shower, plus a large walk-in closet. It’s a retreat in itself! Get ready to cook in the fabulous Gourmet Chef's Kitchen with dining area and an extra island breakfast bar. Special kitchen features include: stainless steel appliances, granite countertops, abundant wood cabinetry, walk in pantry, and a wet bar area with ice maker and wine cooler. The 38’11” x 23’10” living room is perfect space to watch tv, play pool, relax, or read a book after a day at the beach. This unit has plenty of room for entertaining family and friends. Additional amenities include: Hallway half bath for guests, oversized laundry room, plenty of storage, secure entry, fitness center, outdoor pool and indoor pools with spa, fishing pier, first come first serve boat slips, BBQ area and most importantly DEEDED BEACH ACCESS. Lagoon Tower is one of the few low density (32 units) upscale West Beach condos available. Penthouse 16 is a Must See! Located approximately 3 miles from the heart of Gulf Shores - conveniently located to restaurants, entertainment and shopping. Buyer responsible for verifying all measurements and relevant details. Buyer to verify all information during due diligence.

Listing Agent

Anna Catranis

Roberts Brothers TREC Brokerage Email: annagcatranis@robertsbrothers.com Listed on: 07/23/2025

Roberts Brothers TREC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,653

Year Built

  • Built in 2005

Lot Details

  • Home fronts a lagoon or estuary
  • Property fronts an intracoastal waterway
  • Landscaped

HOA Fees

  • $1,650 Monthly HOA Fees

Parking

  • Parking Lot

Property Views

  • Bay
  • Gulf

Home Design

  • Penthouse
  • Reinforced Concrete Foundation
  • Stucco

Interior Spaces

  • 3,746 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Storage

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deeded Waterfront Access Rights
  • Private Dock
  • Balcony
  • Covered patio or porch

Schools

  • Gulf Shores Elementary School
  • Gulf Shores Middle School
  • Gulf Shores High School

Utilities

  • Central Heating
  • Electric Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6706233001014.000.92

Community Details

Overview

  • Association fees include management, cable TV, common area insurance, ground maintenance, pest control, recreational facilities, reserve funds, trash, water/sewer, internet, pool
  • 32 Units

Amenities

  • Community Barbecue Grill
  • Lobby

Recreation

  • Fitness Center
  • Community Indoor Pool
  • Community Spa
  • Fishing

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,653

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,650 per month

Listing Details

  • Property Type: Residential
  • View: Direct Gulf-Across Rd, Direct Lagoon Front
  • Parcel Number: 6706233001014.000.92
  • Year Built: 2005
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: BBQ Area, Common Lobby, Condo 3-Bdrms in Complex, Condo 4-Bdrms in Complex, Covered Entry, Fitness Center, Fishing, Pool - Indoor, Landscaping, Pool - Outdoor, Water Access-Deeded
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Waterfront
  • Water Body Name: Little Lagoon
  • ResoSecurityFeatures: Smoke Detector(s), Fire Sprinkler System
  • Attribution Contact: annagcatranis@robertsbrothers.com
  • Co List Office Phone: 251-344-9220
  • Ownership: Condominium
  • MLS Status: Active
  • Subdivision Name: Lagoon Tower
  • ResoBuildingAreaSource: Builder
  • Carport Y N: No
  • Entry Level: 16
  • Reso Interior Features: Breakfast Bar, Ceiling Fan(s), En-Suite, High Ceilings, Internet, Storage, Wet Bar
  • Unit Levels: One
  • Living Area: 3746
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoPropertyCondition: Resale
  • Reso Structure Type: Condo, Penthouse
  • Reso Window Features: Window Treatments
  • Financial Info Electric: Total Electric, Baldwin EMC
  • BK20_LFD_BoatFacilities_4: Boat Dock, Slip-1st Come 1st Served, Water Available
  • Kitchen Level: Main
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer, Wine Cooler, Electric Water Heater
  • Spa Features: Community
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Carpet, Natural Stone
  • Stories: 1
  • Room Bedroom4 Area: 171.0972
  • Dining Room Features: Lvg/Dng Combo
  • Room Bedroom4 Level: Main
  • Living Room Living Room Level: Main
  • Room Bedroom3 Area: 171.2222
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 211.9792
  • Room Bedroom3 Level: Main
  • Master Bedroom Master Bedroom Width: 19.1667
  • Room Bedroom2 Level: Main
  • Master Bedroom Features: Walk-In Closet(s), Balcony/Patio, Direct Bay View-Primary
  • Room Bedroom5 Level: Main
  • Room Bedroom5 Area: 135.3681
  • Room Living Room Area: 927.5139
  • Room Kitchen Area: 224.5833
  • Dining Room Dining Room Level: Main
  • Room Master Bedroom Area: 364.1667
  • Room Dining Room Area: 231
  • Master Bathroom Features: Double Vanity, Soaking Tub, Separate Shower, Private Water Closet

Exterior Features

  • Waterfront: Yes
  • Pool Features: Community, Association
  • View: Yes
  • Waterfront Features: Deeded Access, Gulf Accs (<=1/4 Mi), ICW Accs (<=1/4 Mi), ICW Front - Building, Lagoon Acc (<=1/4 Mi)
  • Home Warranty: No
  • Construction Type: Stucco, P-I-P Reinforced Concrete
  • Exterior Features: Balcony
  • Patio And Porch Features: Covered

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot

Utilities

  • Utilities: Cable Available, Gulf Shores Utilities, Cable Connected
  • Cooling: Ceiling Fan(s)
  • Heating: Electric, Central
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association Fee: 1650
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Owners Only

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Common Area Insurance, Maintenance Grounds, Pest Control, Recreational Facilities, Reserve Funds, Trash, Water/Sewer, Internet, Pool

Schools

  • Middle Or Junior School: Gulf Shores Middle

Lot Info

  • ResoLotSizeUnits: Square Feet
  • Zoning Description: Single Family Residence

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 32

Tax Info

  • Tax Annual Amount: 8653

MLS Schools

  • Elementary School: Gulf Shores Elementary
  • HighSchool: Gulf Shores High

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,159 $247,240 $0 $247,240
2023 $8,159 $247,240 $0 $247,240
2022 $7,541 $228,500 $0 $0
2021 $5,786 $172,320 $0 $0
2020 $5,786 $172,320 $0 $0
2019 $5,786 $172,320 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 For Sale $1,795,000 +33.0% $479 / Sq Ft
07/19/2021 07/19/21 Sold $1,350,000 -10.0% $360 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $1,500,000 +81.8% $400 / Sq Ft
07/19/2013 07/19/13 Sold $825,000 0.0% $220 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $825,000 -- $220 / Sq Ft
Source: Baldwin REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,350,000 W Beatty Pearson Pc
Warranty Deed $825,000 Slt
Warranty Deed -- Slt
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $945,000 Construction
Source: Public Records

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Source: Baldwin REALTORS®

MLS Number: 382633

Baldwin REALTORS®

APN: 67-06-23-3-001-014.000-929