$359,500
$10K PRICE DROP

507 W Beach Blvd Unit 102 Gulf Shores, AL 36542

Estimated payment $2,401/month

Total Views 4,274
1 Bed
1 Bath
572 Sq Ft
$628 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront
  • Community Pool
  • Gulf Shores Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Covered patio or porch

About This Home

PRICE IMPROVEMENT and ZERO DOWN SELLER FINANCING AVAILABLE! Instant revenue producer with upcoming bookings! 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. 2025 assessment has been paid in full. Gross 2024 rental was nearly $39,000 through Airbnb and VRBO combined. Buyer to verify all information during due diligence.

Listing Agent

Abby Beckloff

Levin Rinke Realty Brokerage Phone: 251-219-0055 Listed on: 04/24/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,359

Year Built

  • Built in 1982

Lot Details

  • Waterfront

HOA Fees

  • $285 Monthly HOA Fees

Home Design

  • Wood Siding
  • Piling Construction

Interior Spaces

  • 572 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Termite Clearance
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • En-Suite Bathroom
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Covered Parking
  • Assigned Parking

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 and Cooling System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 6604203000003.000902

Community Details

Overview

  • Association fees include management, common area insurance, ground maintenance, pest control, reserve funds, taxes-common area, trash, water/sewer, internet, pool
  • 45 Units

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,359

Year Built

Built in 1982

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Property Type: Residential
  • View: Northern View, Southern View
  • Parcel Number: 6604203000003.000902
  • Year Built: 1982
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: BBQ Area, Covered Entry, Internet, Pool - Outdoor, Water Access-Deeded
  • ResoLaundryFeatures: Common Area
  • Water Body Name: Gulf of Mexico/America
  • Attribution Contact: PHONE: 251-219-0055
  • Co List Office Phone: 850-916-5050
  • Ownership: Whole/Full
  • MLS Status: Active
  • Subdivision Name: Ocean Reef
  • ResoBuildingAreaSource: Assessor
  • Carport Y N: No
  • Entry Level: 1
  • Reso Interior Features: Ceiling Fan(s), En-Suite, Internet
  • Unit Levels: One
  • Living Area: 572
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoPropertyCondition: Resale
  • Reso Structure Type: Condo
  • Financial Info Electric: Baldwin EMC
  • BK20_LFD_BoatFacilities_4: None
  • Kitchen Level: Main
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Stories: 1
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 10
  • Room Kitchen Area: 80
  • Room Master Bedroom Area: 120

Exterior Features

  • Waterfront: Yes
  • Pool Features: Community, Association
  • View: Yes
  • Waterfront Features: Deeded Access
  • Construction Type: Wood Siding
  • Direction Faces: North,South
  • Exterior Features: Termite Contract
  • Foundation Details: Pilings
  • Patio And Porch Features: Covered

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Covered
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Electric (Cool)
  • Cooling Y N: Yes
  • Heating: Central
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association Fee: 285
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Owners Only

Fee Information

  • Association Fee Includes: Association Management, Common Area Insurance, Maintenance Grounds, Pest Control, Reserve Funds, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool

Schools

  • Middle Or Junior School: Gulf Shores Middle

Lot Info

  • ResoLotSizeUnits: Square Feet

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 45

Tax Info

  • Tax Annual Amount: 1358.94

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 $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 Change Sq Ft Price
06/10/2025 06/10/25 Price Changed $359,500 -1.2% $628 / Sq Ft
05/20/2025 05/20/25 Price Changed $364,000 -1.4% $636 / Sq Ft
04/24/2025 04/24/25 For Sale $369,000 -- $645 / Sq Ft
Source: Baldwin 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

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Source: Baldwin REALTORS®

MLS Number: 378094

Baldwin 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

This home is located at 507 W Beach Blvd Unit 102, Gulf Shores, AL 36542 and is currently priced at $359,500, approximately $628 per square foot. This property was built in 1982. 507 W Beach Blvd Unit 102 is a home located in Baldwin County with nearby schools including Gulf Shores Elementary School, Gulf Shores Middle School, and Gulf Shores High School.

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.

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