$340,000
$29K PRICE DROP

507 W Beach Blvd Unit 102 Gulf Shores, AL 36542

Estimated payment $2,238/month

Total Views 25,931
1 Bed
1 Bath
572 Sq Ft
$594 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Beach
  • In Ground Pool
  • Gulf Shores Elementary School Rated A-
  • Property fronts gulf or ocean
  • Updated Kitchen

About This Home

Proven Income Producer! BRAND NEW AC installed 7/10/25! Seller to pay 6 months of HOA with accepted offer! LOW-DOWN-PMT SELLER FINANCING AVAILABLE! 2025 assessment PAID In FULL! These are amazing buyer incentives, don't miss out! Looking for a real estate investment? Gross 2024 rental was nearly $39,000 through Airbnb and VRBO combined and 2025 is on track for same. Ocean Reef is a low-density beachside building right in the heart of Gulf Shores. You are close to all the action, only 1/4 mile from Hangout, making this an ideal location for rental, with the added benefit of one assigned parking space plus guest spots. This unit features ceramic tile in living spaces, carpet in the bedroom, and fresh paint on the walls. Unit is being sold furnished with updated furniture and appliances. Enjoy the BBQ grill area and landscaped pool area with recently installed new decking on front and back decks, or take a few steps right out to beautiful white sand and emerald Gulf water.

Listing Agent

Abby Beckloff

Levin Rinke Realty Brokerage Email: abeckloff@gmail.com Listed on: 04/25/2025

Levin Rinke Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,076

Year Built

  • Built in 1982

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $285 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 572 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Kitchen and Dining Room

Kitchen

  • Updated Kitchen
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Covered Parking
  • Guest Parking

Outdoor Features

  • In Ground Pool
  • Deeded Waterfront Access Rights
  • Balcony
  • Built-In Barbecue

Schools

  • Local School In County Elementary And Middle School
  • Local School In County High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 6604203000003.000902

Community Details

Overview

  • Association fees include maintenance, management, pest control, trash, water/sewer

Amenities

  • Picnic Area
  • Laundry Facilities

Recreation

  • Beach

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,076

Year Built

Built in 1982

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Stories: 1
  • Parcel Number: 6604203000003.000902
  • Property Type: Residential
  • Year Built: 1982
  • Electric: Circuit Breakers, Copper Wiring
  • Property Sub Type: Condo
  • Horses: No
  • Subdivision Name: None
  • Directions: From Hwy 59 intersection with Beach Blvd, go West 1/4 mile, Ocean Reef will be on your left, beachside.
  • Architectural Style: Traditional
  • Building Name: Ocean Reef
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Heat Pump, Thermal Treated
  • Kitchen Level: First
  • Attribution Contact: abeckloff@gmail.com
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile, Carpet
  • Living Area: 572
  • Window Features: Blinds, Drapes
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Kitchen/Dining Combo
  • Room Kitchen Features: Updated

Exterior Features

  • Roof: Composition
  • Pool Features: In Ground
  • Waterfront Features: Gulf, Waterfront, Beach Access, Deed Access
  • Waterfront: Yes
  • Construction Type: Frame
  • Exterior Features: Balcony, Barbecue
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Covered
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Covered, Guest

Utilities

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Laundry Features: Common Area
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach, Picnic Area
  • Association Fee: 3420
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association, Maintenance, Management, Pest Control, Trash, Water/Sewer

Schools

  • Elementary School: Local School In County
  • High School: Local School In County
  • Middle Or Junior School: LOCAL SCHOOL IN COUNTY

Lot Info

  • Zoning Description: Res Single

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $2,076 $62,920 $0 $62,920
2023 $2,002 $60,660 $0 $60,660
2022 $803 $24,320 $0 $0
2021 $680 $20,600 $0 $0
2020 $1,197 $35,460 $0 $0
2019 $1,102 $32,600 $0 $0
2018 $933 $27,460 $0 $0
2017 $838 $24,600 $0 $0
2016 $725 $21,160 $0 $0
2015 $668 $19,440 $0 $0
2014 $630 $18,300 $0 $0
2013 -- $16,580 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2025 11/04/25 Price Changed $340,000 -5.4% $594 / Sq Ft
06/12/2025 06/12/25 Price Changed $359,500 -2.6% $628 / Sq Ft
04/25/2025 04/25/25 For Sale $369,000 -- $645 / Sq Ft
Source: Pensacola Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $315,000 None Listed On Document
Deed In Lieu Of Foreclosure -- None Listed On Document
Warranty Deed $329,500 Professional Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $329,500 New Conventional
Source: Public Records

Source: Pensacola Association of REALTORS®

MLS Number: 663243

Pensacola Association of REALTORS®

APN: 66-04-20-3-000-003.000-902

Alabama Baldwin County Gulf Shores 36542

507 W Beach Blvd Unit 102, 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.

Pensacola Association of REALTORS® Copyright© 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information deemed reliable but not guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. 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.

Nearby Homes
Abby Beckloff
Listing Agent
Abby Beckloff
Section Image
Levin Rinke Realty
(251) 651-0537