
497 Plantation Rd Unit 1263 Gulf Shores, AL 36542
Fort Morgan NeighborhoodEstimated payment $1,478/month
Highlights
- Property fronts gulf or ocean
- Fitness Center
- In Ground Pool
- Steam Room
- Gated with Attendant
- Community Barbecue Grill
About This Home
Rental Machine! Gulf-Front Studio in a Family-Friendly Resort. Welcome to your relaxing beach getaway! This gulf-front studio is located in one of the most sought-after destinations along the Alabama coast. Situated on the Gulf of Mexico in beautiful Fort Morgan, this resort offers a peaceful retreat away from the hustle and bustle of Gulf Shores — yet still just a short drive to shopping, dining, and entertainment. Enjoy the beautiful sugar-white sand beaches, perfect for spreading out, relaxing, and soaking up the sun without the crowds.Resort amenities include 6 outdoor swimming pools, 2 outdoor hot tubs, indoor hot tub, sauna & fitness center, tennis, putting green, volleyball, basketball & shuffleboard courts, laundry facilities (credit card friendly), boardwalks, BBQ areas & picnic spaces. There is also on on-site restaurant, ice cream shop, and coffee shop.Whether you’re looking for a family vacation spot, an investment property, or a peaceful couple’s escape, this studio offers everything you need. Leave your stress behind, breathe in the salty air, and put your toes in the sand. This unit is currently listed on Airbnb and gross rents for 2024 were $31,134 with 2025 on track to do similar numbers. This unit has a cap rate of 9.8%. Buyer to verify all information during due diligence.
Listing Agent
RE/MAX of Orange Beach Brokerage Phone: 251-256-6231 Listed on: 08/04/2025

Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,169
Year Built
- Built in 1985
Lot Details
- Property fronts gulf or ocean
HOA Fees
- $232 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Studio
- Slab Foundation
- Wood Frame Construction
- Concrete Fiber Board Siding
- Hardboard
Interior Spaces
- 1 Full Bathroom
- 464 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Tile Flooring
- Gulf Views
- Termite Clearance
Kitchen
- Electric Range
- Microwave
- Dishwasher
Pool
- In Ground Pool
- Heated Spa
Schools
- Foley Elementary School
- Foley Middle School
- Foley High School
Utilities
- Central Heating
- Internet Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 6809290000003.006.990
- $2,500 per year additional tax assessments
Community Details
Overview
- Association fees include management, cable TV, common area insurance, ground maintenance, recreational facilities, reserve funds, security, trash, water/sewer, internet, pool
- 107 Units
Amenities
- Community Barbecue Grill
- Steam Room
- Laundry Facilities
Recreation
- Fitness Center
- Community Pool
- Community Spa
Pet Policy
- No Pets Allowed
Security
- Gated with Attendant
Map
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 | $1,117 | $39,900 | $0 | $39,900 |
2023 | $1,091 | $38,980 | $0 | $38,980 |
2022 | $909 | $32,480 | $0 | $0 |
2021 | $780 | $27,840 | $0 | $0 |
2020 | $733 | $25,520 | $0 | $0 |
2019 | $668 | $23,200 | $0 | $0 |
2018 | $616 | $21,340 | $0 | $0 |
2017 | $577 | $19,960 | $0 | $0 |
2016 | $447 | $15,320 | $0 | $0 |
2015 | $447 | $15,320 | $0 | $0 |
2014 | $434 | $14,840 | $0 | $0 |
2013 | -- | $7,420 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/04/2025 08/04/25 | For Sale | $209,900 | +99.9% | $452 / Sq Ft |
04/13/2017 04/13/17 | Sold | $105,000 | 0.0% | $226 / Sq Ft |
03/16/2017 03/16/17 | Pending | -- | -- | -- |
01/13/2016 01/13/16 | For Sale | $105,000 | -- | $226 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | $162,400 | Taupeka Law Llc | |
Warranty Deed | $105,000 | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $61,000 | New Conventional | |
Closed | $83,342 | Credit Line Revolving |
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Source: Baldwin REALTORS®
MLS Number: 383223

APN: 68-09-29-0-000-003.006-990
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