NOT LISTED FOR SALE

433 W Beach Blvd Unit 702 Gulf Shores, AL 36542

Estimated Value: $458,000 - $579,000

1 Bed
1.5 Baths
704 Sq Ft
$722/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $339,000 $482 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,300/month

17 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Community Pool
  • Central Heating and Cooling System
  • Gulf Shores Elementary School Rated A-
  • En-Suite Primary Bedroom
  • 8-Story Property

About This Home

As of September 2019

LOCATION, LOCATION, LOCATION! In addition to the fantastic DIRECT GULF FRONT views, this 7th floor one bedroom, one full bath and one half bath unit features tasteful decor with many upgrades. Updated kitchen with new granite and appliances, new queen sofa sleeper, new sinks, faucets and granite in both baths, new waterproof luxury vinyl plank flooring throughout, new A/C and heater with a Coastal Green Air's efficiency system. A floor plan that supports bunk beds along the hallway with privacy pocket door. Easily sleeps six! Tropic Isles is conveniently located to everything in Gulf Shores and within walking distance (less than .5 mile) to ALL festivals and activities. There are approximately 20 eating locations within one mile of the complex. Nice large deep covered balcony that adds a lot of enjoyable outdoor space complete with wooden table with four chairs and two new counter height Polywood chairs. Great place to enjoy seeing the dolphins and those beautiful sunrises/sunsets! Excellent rental record!!! 2018 gross revenue 55k+ (just rental rate 40k+) and 2019 projected gross revenue 56k+ (just rental rate 42K+). 2020 booked gross revenue 13k (just rental $10k). Rent ready! PRIME LOCATION, only 2 blocks from the entrance of the New Gulf Place & The Hangout. Complex is only 40 units with 8 floors, so it is a small footprint with a lot of BEACH!!! Our family friendly Complex has new elevator with assessment fully paid. New Teak wood mat walkout to beach has you on the sand in less than 90 feet. Great association and managed well!

Last Agent to Sell the Property

Tracy Hood

Amerisell Realty Listed on: 08/12/2019

Last Buyer's Agent

Vicki Lynn

Vicki Lynn Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,729

Year Built

  • Built in 2000

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $355 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 7th floor
  • Reinforced Concrete Foundation
  • Steel Frame
  • Stucco Exterior
  • Piling Construction

Interior Spaces

  • 704 Sq Ft Home
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 66-04-20-3-000-001.000932

Community Details

Overview

  • Association fees include common area maintenance, trash, pool
  • 1 Elevator
  • Tropic Isles Community
  • 8-Story Property

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,729

Year Built

Built in 2000

Lot Details

0

HOA Fees

$355 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Steel Frame, P-I-P Reinforced Concrete, Pilings
  • Construction Status: Resale
  • Flood Zone: AE,VE
  • Property Amenities: Internet, Irrigation Sprinkler
  • Property Type: Residential Attached
  • Style: Condo
  • View: Direct Gulf-Across Rd
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-04-20-3-000-001.000932
  • Year Built: 2000
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range-Electric, Refrigerator, Smoke Detector, Washer
  • Estimated Living Area: 704
  • Bathrooms: 1
  • Bedrooms: 1
  • Elevators: 1
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 8x9.5, On Level: Main Level
  • Living Room: Dimensions: 14x19, On Level: Main Level
  • Master Bed: Dimensions: 14x9.5, On Level: Main Level
  • Price Per Sq Ft: 481.53
  • Property Interior Stories: 1
  • Unit Floor: 7
  • 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
  • Utilities: Sewage-City, Total Electric, Water Heater-Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 355
  • Association Fees Include: Common Area Maintenance, Trash, Pool
  • Community Amenities: Pool - Outdoor
  • Condo Building Stories: 8
  • Condo Complex: Tropic Isles

Lot Info

  • Lot Block Unit: 702

Tax Info

  • Property Taxes: 1729
  • Assessor Parcel Number: 233075

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2021
Sold by
Gibson Joseph A and Gibson Carol J
Bought by
R & A Enterprises
Current Estimated Value
$508,024

Purchase Details

Listed on
Aug 12, 2019
Closed on
Sep 6, 2019
Sold by
Beach Breeze Llc
Bought by
R Edwards Company Llc
Seller's Agent
Tracy Hood
Amerisell Realty
Buyer's Agent
Vicki Lynn
Vicki Lynn Real Estate
List Price
$339,000
Sold Price
$339,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%

Purchase Details

Listed on
Apr 8, 2014
Closed on
Jun 20, 2014
Sold by
Riggs John R and Riggs Tamella Spivey Gudger
Bought by
Mcnabb Ryan P and Mcnabb Brandie N
Seller's Agent
Kevin Corcoran
RE/MAX OF GULF SHORES
Buyer's Agent
Outside Area Selling Agent
PAR Outside Area Listing Office
List Price
$234,000
Sold Price
$215,000
Premium/Discount to List
-$19,000
-8.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%
Original Mortgage
$178,500
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2013
Closed on
Nov 21, 2013
Sold by
Crooks Maudlin Lanier
Bought by
Gudger Tamella Spivey
Seller's Agent
Matthew Mogan
RE/MAX of Gulf Shores
Buyer's Agent
Dennis Corcoran
RE/MAX of Gulf Shores
List Price
$203,000
Sold Price
$203,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.22%
Original Mortgage
$162,400
Interest Rate
4.26%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
R & A Enterprises $900,000 None Listed On Document
R Edwards Company Llc $339,000 None Available
Mcnabb Ryan P $31,500 Ct
Gudger Tamella Spivey $203,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcnabb Ryan P $178,500
Previous Owner Gudger Tamella Spivey $162,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2019 09/06/19 Sold $339,000 0.0% $482 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $339,000 +34.3% $482 / Sq Ft
07/06/2016 07/06/16 Sold $252,500 0.0% $359 / Sq Ft View Prior Sale
06/27/2016 06/27/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $252,500 +20.2% $359 / Sq Ft
06/23/2014 06/23/14 Sold $210,000 -2.3% $298 / Sq Ft View Prior Sale
06/23/2014 06/23/14 Sold $215,000 +2.4% $305 / Sq Ft View Prior Sale
05/24/2014 05/24/14 Pending -- -- --
05/02/2014 05/02/14 Pending -- -- --
04/01/2014 04/01/14 For Sale $210,000 -10.3% $298 / Sq Ft
04/01/2014 04/01/14 For Sale $234,000 +15.3% $332 / Sq Ft
11/21/2013 11/21/13 Sold $203,000 0.0% $288 / Sq Ft View Prior Sale
10/22/2013 10/22/13 Pending -- -- --
09/05/2013 09/05/13 For Sale $203,000 -- $288 / 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 $3,271 $99,120 $0 $99,120
2023 $2,965 $89,840 $0 $89,840
2022 $2,530 $76,660 $0 $0
2021 $2,241 $70,480 $0 $0
2020 $2,230 $66,600 $0 $0
2019 $1,882 $57,020 $0 $0
2018 $1,729 $51,400 $0 $0
2017 $1,635 $48,580 $0 $0
2016 $1,519 $45,060 $0 $0
2015 $1,371 $40,560 $0 $0
2014 $1,240 $36,600 $0 $0
2013 -- $35,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 287594

Baldwin REALTORS®

APN: 66-04-20-3-000-001.000-932