487 E 1st Ave Unit 1 Gulf Shores, AL 36542
Estimated payment $4,421/month
Total Views
504
2
Beds
3
Baths
1,438
Sq Ft
$486
Price per Sq Ft
Highlights
- Deeded Waterfront Access Rights
- Corner Lot
- Community Pool
- Gulf Shores Elementary School Rated A-
- Combination Kitchen and Living
- Covered patio or porch
About This Home
Prime Location in the Heart of Gulf Shores! Welcome to Cottages at Romeo Beach—a charming, low-density community just steps from deeded beach access and easily walk or bike to popular Gulf Shores restaurants, shops, and festivals. This spacious 2-bedroom, 3-bathroom raised beach cottage is completely turn-key, featuring fresh paint, new high-end furnishings, and stylish finishes throughout. The open-concept main level boasts wood-look tile flooring, granite countertops, stainless steel appliances, a breakfast bar, full-sized dining table, two sleeper sofas, and a beautifully furnished balcony with Polywood table and chairs. Large windows and custom treatments provide abundant natural light, and a full bathroom on the main level for added convenience. Upstairs, you'll find a generous primary suite with a king bed and a guest suite with two queen beds—each with their own private ensuite bathrooms. A laundry closet with a stackable washer/dryer is also located on the upper level. Beneath the home is covered parking for two vehicles plus a private storage closet. Additional community parking is located directly next to the cottage, offering two more spaces. Enjoy the community pool and the benefits of a low-maintenance lifestyle with HOA dues of just $325/month, which include trash, cable, internet, landscaping, common area maintenance/taxes/insurance, and association management. Say goodbye to crowded condo towers and long elevator waits! Whether you're looking for an affordable beach getaway or a smart addition to your rental portfolio, this beach cottage checks all the boxes. Buyer to verify all information during due diligence.
Listing Agent
RE/MAX of Orange Beach Brokerage Phone: 251-597-8125 Listed on: 06/07/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,636
Year Built
- Built in 2017
Lot Details
- 1,481 Sq Ft Lot
- Lot Dimensions are 38' x 38.3'
- East Facing Home
- Landscaped
- Corner Lot
HOA Fees
- $325 Monthly HOA Fees
Home Design
- Stilt Home
- Slab Foundation
- Metal Roof
- Concrete Fiber Board Siding
- Piling Construction
Interior Spaces
- 1,438 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Window Treatments
- Combination Kitchen and Living
- Termite Clearance
- Property Views
Kitchen
- Breakfast Bar
- Convection Oven
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary bedroom located on second floor
- En-Suite Bathroom
- 3 Full Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Primary Bathroom includes a Walk-In Shower
Laundry
- Laundry Located Outside
- Stacked Washer and Dryer
Parking
- 2 Parking Spaces
- 2 Carport Spaces
Outdoor Features
- Deeded Waterfront Access Rights
- Covered patio or porch
Schools
- Gulf Shores Elementary School
- Gulf Shores Middle School
- Gulf Shores High School
Utilities
- Central Heating
- Grinder Pump
- Internet Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 1 / 1
- Assessor Parcel Number 6605212000129.014
Community Details
Overview
- Association fees include management, cable TV, common area insurance, ground maintenance, taxes-common area, trash, internet, pool
Recreation
- Community Pool
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,637 | $140,500 | $59,100 | $81,400 |
| 2023 | $4,380 | $132,720 | $50,400 | $82,320 |
| 2022 | $3,216 | $97,460 | $0 | $0 |
| 2021 | $2,664 | $81,280 | $0 | $0 |
| 2020 | $2,598 | $78,740 | $0 | $0 |
| 2019 | $2,426 | $73,500 | $0 | $0 |
| 2018 | $2,426 | $73,500 | $0 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2025 06/07/25 | For Sale | $699,000 | +27.1% | $486 / Sq Ft |
| 07/12/2021 07/12/21 | Sold | $550,000 | 0.0% | $382 / Sq Ft |
| 07/12/2021 07/12/21 | For Sale | $550,000 | -- | $382 / Sq Ft |
| 05/23/2021 05/23/21 | Pending | -- | -- | -- |
Source: Baldwin REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,200,000 | None Listed On Document | |
| Warranty Deed | $759,000 | -- | |
| Warranty Deed | $375,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $20,564 | Credit Line Revolving | |
| Previous Owner | $455,000 | New Conventional | |
| Previous Owner | $234,500 | New Conventional | |
| Previous Owner | $250,000 | New Conventional |
Source: Public Records
Similar Homes in the area
Source: Baldwin REALTORS®
MLS Number: 380381
APN: 66-05-21-2-000-129.007
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