$460,000
$40K PRICE DROP

505 E Beach Blvd Unit 1B Gulf Shores, AL 36542

Estimated payment $3,266/month

Total Views 15,320
2 Beds
2 Baths
1,015 Sq Ft
$453 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Property fronts gulf or ocean
  • Covered patio or porch
  • Gulf Shores Elementary School Rated A-
  • Community Pool
  • Views

About This Home

1B is a GREAT turnkey rental machine READY TO GO make you some money! This cozy Gulf front CONDO is in superb condition overlooking the crystal blue pool and pristine sandy beaches of Gulf Shores. No need to wait for a busy elevator, you are 1 small floor up. It's spacious balcony is perfect for those sea breezes paired with your morning coffee or some beachy evening cocktails. With blackout drapes and newer AC units inside and out, spend a rainy day curled up watching movies and playing board games. 1B accommodates an owners closet inside and also on the way to the beach you have your own locked storage unit for chairs, floats, etc. Grab some fresh seafood and grill close to your unit! As one of my favorite condo buildings, The Whaler, is a low density complex with just 27 units and is close to the heart of all of the action in Gulf Shores. Buyer to verify all information during due diligence.

Last Listed By

Mandy Longshore

RE/MAX of Gulf Shores Listed on: 08/31/2023

RE/MAX of Gulf Shores

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,404

Year Built

  • Built in 1985

HOA Fees

  • $491 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Piling Construction
  • Masonry
  • Stucco

Interior Spaces

  • 1,015 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Property Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Covered patio or porch
  • Outdoor Storage

Schools

  • Gulf Shores Elementary School
  • Gulf Shores Middle School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Internet Available
  • Cable TV Available

Additional Features

  • Handicap Accessible
  • Property fronts gulf or ocean

Listing and Financial Details

  • Legal Lot and Block 1B / 1B
  • Assessor Parcel Number 6605212000176.000908

Community Details

Overview

  • Association fees include common area insurance, ground maintenance, pest control, reserve funds, water/sewer
  • 27 Units

Recreation

  • Community Pool

Additional Features

  • Community Barbecue Grill
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,404

Year Built

Built in 1985

Lot Details

0

HOA Fees

$491 per month

Listing Details

  • Property Type: Residential
  • View: Direct Gulf Front
  • Parcel Number: 6605212000176.000908
  • Year Built: 1985
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: BBQ Area, Condo 1-Bdrms in Complex, Condo 2-Bdrms in Complex, Condo 3-Bdrms in Complex, Covered Entry, Internet, Pool - Outdoor, Water Access-Deeded
  • ResoLotFeatures: Waterfront
  • Lot Size Acres: 0.3214
  • Water Body Name: Gulf of Mexico/America
  • ResoSecurityFeatures: Security Service
  • Co List Office Phone: 251-948-2400
  • Ownership: Condominium
  • MLS Status: Active
  • Subdivision Name: Whaler
  • Reso Accessibility Features: Handicap Accessible Property
  • ResoBuildingAreaSource: Assessor
  • Carport Y N: No
  • Entry Level: 1
  • Reso Interior Features: Ceiling Fan(s), Internet, Split Bedroom Plan
  • Unit Levels: One
  • Living Area: 1015
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoPropertyCondition: Resale
  • Reso Structure Type: Condo
  • ResoBuildingAreaSource: Assessor
  • BK20_LFD_BoatFacilities_4: None
  • Kitchen Level: Main
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator w/Ice Maker, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 154
  • Master Bedroom Master Bedroom Width: 12
  • Room Bedroom2 Level: Main
  • Room Kitchen Area: 117
  • Room Master Bedroom Area: 168
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Roof: See Remarks
  • Waterfront: Yes
  • Pool Features: Community
  • View: Yes
  • Waterfront Features: Beach Accs (<=1/4 Mi), Beach Side - Building, Deeded Access, Gulf Accs (<=1/4 Mi), Gulf Front - Building
  • Construction Type: Stucco, Solid Masonry
  • Foundation Details: Pilings
  • Other Structures: Storage
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot

Utilities

  • Utilities: Cable Available
  • Cooling: Central Electric (Cool)
  • Cooling Y N: Yes
  • Heating: Central
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 491
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Insurance, Maintenance Grounds, Pest Control, Reserve Funds, Water/Sewer

Schools

  • Middle Or Junior School: Gulf Shores Middle

Lot Info

  • Lot Dimensions: 100 x 140
  • Lot Size Sq Ft: 14000
  • ResoLotSizeUnits: Square Feet
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 27

Tax Info

  • Tax Annual Amount: 2403.8
  • Tax Block: 1B
  • Tax Lot: 1B

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,166 $95,940 $0 $95,940
2023 $3,132 $94,900 $0 $94,900
2022 $2,392 $72,480 $0 $0
2021 $1,082 $32,780 $0 $0
2020 $997 $30,200 $0 $0
2019 $954 $28,900 $0 $0
2018 $883 $26,760 $0 $0
2017 $789 $23,920 $0 $0
2016 $713 $21,600 $0 $0
2015 $739 $22,380 $0 $0
2014 $641 $19,420 $0 $0
2013 -- $17,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Price Changed $460,000 -3.2% $453 / Sq Ft
10/16/2024 10/16/24 Price Changed $475,000 -2.1% $468 / Sq Ft
10/07/2024 10/07/24 Price Changed $485,000 -1.2% $478 / Sq Ft
03/13/2024 03/13/24 Price Changed $490,900 -1.8% $484 / Sq Ft
08/31/2023 08/31/23 For Sale $499,990 -- $493 / Sq Ft
Source: Baldwin REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Plt
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $138,750 New Conventional
Source: Public Records

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Source: Baldwin REALTORS®

MLS Number: 351099

Baldwin REALTORS®

APN: 66-05-21-2-000-176.000-908