$700,000
SOLD FEB 16, 2023

327 E Beach Blvd Unit 5D Gulf Shores, AL 36542

3 Beds
2 Baths
1,728 Sq Ft
0.89 Acres

Recently Sold

$405 Per Sq Ft

4% Below List Price

5 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Community Pool
  • Tile Flooring
  • Gulf Shores Elementary School Rated A-
  • Rear Porch
  • En-Suite Primary Bedroom

About This Home

As of February 2023

Welcome to paradise, in the BEST LOCATION in Gulf Shores. Situated between the Hang Out and Sea N Suds you are steps away from all the fun you can handle and so many other restaurants and shops walking distance on the strip. This is rare floor plan with three large bedrooms AND a bonus bunk room/ study room. The second bath has 2 private sink/dressing areas and shared tub. Perfect for large groups. Updated and freshly painted. It features tile flooring throughout, stainless steel appliances, nicely furnished, and a private balcony over looking the beautiful white sand beaches and breathtaking crystal clear water. One of the only 4 room condos that still can be rented nightly making it an INVESTORS DREAM!!! Rental numbers are strong and can be provided upon request. heated saltwater outdoor pool, BBQ area, outdoor shower, brand new elevator and roof.

Last Agent to Sell the Property

SANDY WISE, IV

Wise Living Real Estate, LLC Listed on: 01/17/2023

Last Buyer's Agent

Carmen Cavanaugh

Coldwell Banker Coastal Realty

Coldwell Banker Coastal Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,566

Year Built

  • Built in 1983

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $1,300 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 1,728 Sq Ft Home
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Gas Grill
  • Rear Porch

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Air
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 66-04-20-1-000-178.000920

Community Details

Overview

  • Association fees include management, common area insurance, common area maintenance, pest control, reserve funds, trash, water/sewer, internet
  • 1 Elevator
  • Castaways Community
  • 9-Story Property

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,566

Year Built

Built in 1983

Lot Details

0

HOA Fees

$1,300 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Slab & Piers
  • Construction Status: Resale
  • Property Amenities: Bunk Alcove, Built-In Gas Grill, Porch-Back
  • Property Type: Residential Attached
  • Style: Condo
  • View: Direct Gulf Front
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-04-20-1-000-178.000920
  • Year Built: 1983
  • Geo Subdivision: AL
  • Living Room Group: Living/Dining
  • Property Legal Description: UNIT 5D CASTAWAYS CONDO LYING IN THE CITY OF GULF SHORES SEC 20-T9S-R4E (AMENDED DECLARATION) IN#109
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range-Electric, Refrigerator W/Ice Maker, Washer, Cooktop
  • Estimated Living Area: 1728
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 11x11, On Level: Main Level
  • Bedroom 3: Dimensions: 8x12, On Level: Main Level
  • Bedrooms: 3
  • Elevators: 1
  • Floors: Tile
  • Kitchen: Dimensions: 9x11, On Level: Main Level
  • Living Dining: Dimensions: 21x24, On Level: Main Level
  • Master Bed: Dimensions: 11x12, On Level: Main Level
  • Price Per Sq Ft: 405.09
  • Property Interior Stories: 1
  • Unit Floor: 5
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity

Exterior Features

  • Body Of Water: Gulf Of Mexico
  • Exterior Finish: Stucco
  • Waterfront: Yes
  • Water Property Type: Gulf Front - Building

Garage/Parking

  • Garage Parking: Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric (Cool)
  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 1300
  • Association Fees Include: Association Management, Common Area Insurance, Common Area Maintenance, Pest Control, Reserve Funds, Trash, Water/Sewer, Internet
  • Community Amenities: Pool - Outdoor, Pets - Owners Only, Satellite Tv
  • Condo Building Stories: 9
  • Condo Complex: Castaways

Fee Information

  • Transfer Fees: Yes

Schools

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

Lot Info

  • Lot Block Unit: 5D

Rental Info

  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 2566.08
  • Assessor Parcel Number: 56564

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2023
Closed on
Feb 14, 2023
Sold by
Ap 2 0 Enterprises Llc
Bought by
Island Time Investments Llc
Seller's Agent
SANDY WISE, IV
Wise Living Real Estate, LLC
Buyer's Agent
Carmen Cavanaugh
Coldwell Banker Coastal Realty
List Price
$729,000
Sold Price
$700,000
Premium/Discount to List
-$29,000
-3.98%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%
Original Mortgage
$700,000
Outstanding Balance
$423,552
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$384,505

Purchase Details

Closed on
Nov 1, 2021
Sold by
Elizabeth Philhower Sandra
Bought by
Ap 2 0 Enterprises Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $700,000 --
Warranty Deed $700,000 --
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $700,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2025 02/22/25 For Sale $889,900 +27.1% $515 / Sq Ft
02/16/2023 02/16/23 Sold $700,000 +0.1% $405 / Sq Ft
01/22/2023 01/22/23 Pending -- -- --
01/19/2023 01/19/23 Price Changed $699,000 -4.1% $405 / Sq Ft
01/17/2023 01/17/23 For Sale $729,000 -- $422 / Sq Ft
Source: Baldwin REALTORS®

Tax History Compared to Growth

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 $4,391 $133,060 $0 $133,060
2023 $4,072 $123,380 $0 $123,380
2022 $3,022 $91,580 $0 $0
2021 $2,646 $77,760 $0 $0
2020 $2,589 $76,040 $0 $0
2019 $2,589 $76,040 $0 $0
2018 $2,361 $69,120 $0 $0
2017 $2,258 $66,000 $0 $0
2016 $2,190 $63,940 $0 $0
2015 $2,019 $58,760 $0 $0
2014 $1,905 $55,300 $0 $0
2013 -- $48,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 340324

Baldwin REALTORS®

APN: 66-04-20-1-000-178.000-920