NOT LISTED FOR SALE

433 W Beach Blvd Unit 502 Gulf Shores, AL 36542

Estimated Value: $432,301 - $515,000

1 Bed
1.5 Baths
704 Sq Ft
$669/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $359,900 $511 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,081/month

15 Days on Market

Highlights

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

About This Home

As of August 2021

Just listed 1BR / 1.5BA at the Tropic Isles Condos in the heart of Gulf Shores, directly on the sugar white sandy beaches of the Alabama Gulf Coast. Direct Gulf Front unit, on the fifth floor, short walk to the beach and pool. You are in walking distance to many restaurants, The Shrimp Festival, and Hangout Music Festivals. Gulf Front Pool and Gulf of Mexico. Unit equipped with bunk beds in hallway for additional sleeping. All Assessments from Sally paid by sellers.

Last Agent to Sell the Property

The Pete Vakakes Team

Century 21 J Carter & Company Listed on: 06/24/2021

Century 21 J Carter & Company

Last Buyer's Agent

Chris Vail

RE/MAX of Orange Beach

RE/MAX of Orange Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,998

Year Built

  • Built in 2000

Lot Details

  • 1.19

HOA Fees

  • $355 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 5th floor
  • Reinforced Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Stucco Exterior
  • Piling Construction

Interior Spaces

  • 704 Sq Ft Home
  • Furnished
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Combination Dining and Living Room
  • Tile Flooring
  • Gulf Views
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Additional Features

  • Property fronts gulf or ocean
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 66-04-20-3-000-001.000922

Community Details

Overview

  • Association fees include management, common area insurance, pest control, reserve funds, taxes-common area, trash, water/sewer
  • 2 Elevators
  • Tropic Isles Community
  • The community has rules related to covenants, conditions, and restrictions
  • 8-Story Property

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,998

Year Built

Built in 2000

Lot Details

0

HOA Fees

$355 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: P-I-P Reinforced Concrete, Piers, Pilings
  • Construction Status: Resale
  • Flood Zone: AE,VE
  • Intersecting Street: HWY 59 GS PARKWAY
  • Property Amenities: Ceiling Fan(s)
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Direct Gulf Front
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-04-20-3-000-001.000922
  • Year Built: 2000
  • Geo Subdivision: AL
  • Living Room Group: Living/Dining
  • Property Legal Description: UNIT #502 TROPIC ISLES CONDO IN THE CITY OF GULF SHORES SEC 20-T9S-R4E (WD (QCD)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Range-Electric, Refrigerator W/Ice Maker, Stack Washer/Dryer
  • Estimated Living Area: 704
  • Bathrooms: 1
  • Bedrooms: 1
  • Dining Area Type: Lvg/Dng/Ktchn Combo
  • Elevators: 2
  • Floors: Tile
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 11 x 11, On Level: Main Level
  • Living Dining: Dimensions: 17 x 14, On Level: Main Level
  • Master Bed: Dimensions: 9 x 12, On Level: Main Level
  • Price Per Sq Ft: 511.22
  • Property Interior Stories: 1
  • Unit Floor: 5
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Direct Gulf View-Primary

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, Central Heat
  • Utilities: Baldwin Emc, Gulf Shores Utilities

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 355
  • Association Fees Include: Association Management, Common Area Insurance, Pest Control, Reserve Funds, Taxes-Common Area, Trash, Water/Sewer
  • Community Amenities: Condo 1-Bdrms In Complex, Pool - Outdoor
  • Condo Building Stories: 8
  • Condo Complex: Tropic Isles

Fee Information

  • Transfer Fees: Yes

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: 502
  • Lot Description: Less Than 1 Acre

Rental Info

  • Furnished: Yes
  • Incm Producing Potential: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: 1997.82
  • Assessor Parcel Number: 233065

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Aug 11, 2021
Sold by
Bailey Todd A and Bailey Bret A
Bought by
Flanigan Ricky A and Flanigan Cathy J
Seller's Agent
The Pete Vakakes Team
Century 21 J Carter & Company
Buyer's Agent
Chris Vail
RE/MAX of Orange Beach
List Price
$359,900
Sold Price
$359,900
Current Estimated Value
$471,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,175
Avg. Annual Appreciation
6.67%
Original Mortgage
$195,000
Outstanding Balance
$177,048
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$294,027

Purchase Details

Closed on
Sep 3, 2016
Sold by
Bailey Bret A
Bought by
Bailey Bret A and Bailey Vicki M
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Flanigan Ricky A -- Professional Land Title Inc
Bailey Bret A $101,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flanigan Ricky A $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2021 08/30/21 Sold $359,900 0.0% $511 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $359,900 -- $511 / 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 $2,974 $90,120 $0 $90,120
2023 $2,695 $81,660 $0 $81,660
2022 $2,300 $69,700 $0 $0
2021 $2,041 $64,060 $0 $0
2020 $2,030 $60,540 $0 $0
2019 $1,914 $57,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • The Pete Vakakes Team

    Seller's Agent in 2021

    The Pete Vakakes Team

    Century 21 J Carter & Company

    (251) 948-8008

    36 in this area

    78 Total Sales

    The Pete Vakakes Team
    Section Image
  • Chris Vail

    Buyer's Agent in 2021

    Chris Vail

    RE/MAX of Orange Beach

    (251) 550-5052

    8 in this area

    40 Total Sales

    Chris Vail
    Section Image
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Map

Source: Baldwin REALTORS®

MLS Number: 316120

Baldwin REALTORS®

APN: 66-04-20-3-000-001.000-922

Alabama Baldwin County Gulf Shores 36542

433 W Beach Blvd Unit 502, Gulf Shores, AL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Baldwin REALTORS® IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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