$439,000

507 W Beach Blvd Unit 115 Gulf Shores, AL 36542

Estimated payment $2,926/month

Total Views 25,741
2 Beds
1.5 Baths
964 Sq Ft
$455 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Property fronts gulf or ocean
  • Community Pool
  • Gulf Shores Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Porch

About This Home

GREAT INCOME POTENTIAL! Ocean Reef #115 is walking distance to all of the main attractions, beaches, restaurants, and local shopping Gulf Shores has to offer. Primary bedroom on main floor and loft style 2nd bedroom with 1/2 bath on 2nd floor. Customized with vinyl plank flooring, granite counter tops, stainless steel appliances, and more. This low-density, 45-unit building boasts 200 ft of deeded beach access, a tropical landscaped pool area, charcoal grills and on-site laundry facilities. Assigned, covered parking space include. This is a great opportunity to own an investment property or vacation home on Alabama's Gulf Coast! Buyer to verify all information during due diligence.

Listing Agent

Mitch Holliman

Dolphin Cove Realty LLC Listed on: 03/05/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,463

Year Built

  • Built in 1982

Lot Details

  • Property fronts gulf or ocean
  • Landscaped

HOA Fees

  • $400 Monthly HOA Fees

Home Design

  • Wood Siding
  • Piling Construction

Interior Spaces

  • 964 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Parking

  • Covered Parking
  • Assigned Parking

Outdoor Features

  • Deeded Waterfront Access Rights
  • Porch

Schools

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

Utilities

  • Central Air
  • No Heating
  • Internet Available

Listing and Financial Details

  • Legal Lot and Block 115 / 115
  • Assessor Parcel Number 6604203000003.000915

Community Details

Overview

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

Recreation

  • Community Pool

Additional Features

  • Community Barbecue Grill
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,463

Year Built

Built in 1982

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • View: None/Not Applicable
  • Parcel Number: 6604203000003.000915
  • Year Built: 1982
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: BBQ Area, Landscaping, Pool - Outdoor
  • ResoLotFeatures: Less than 1 acre
  • Lot Size Acres: 2.0064
  • Water Body Name: Gulf of Mexico/America
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 251-228-0633
  • Ownership: Condominium
  • MLS Status: Active
  • Subdivision Name: Ocean Reef
  • ResoBuildingAreaSource: Assessor
  • Carport Y N: No
  • Entry Level: 2
  • Reso Interior Features: Ceiling Fan(s), Internet
  • Unit Levels: Two
  • Living Area: 964
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoPropertyCondition: Resale
  • Reso Structure Type: Condo
  • Financial Info Electric: Baldwin EMC
  • ResoBuildingAreaSource: Assessor
  • BK20_LFD_BoatFacilities_4: None
  • Kitchen Level: Main
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Stories: 2
  • ResoLivingAreaSource: Assessor
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 240
  • Master Bedroom Master Bedroom Width: 11
  • Room Bedroom2 Level: Second
  • Room Kitchen Area: 81
  • Room Master Bedroom Area: 132
  • Master Bathroom Features: Tub/Shower Combo

Exterior Features

  • Waterfront: Yes
  • Pool Features: Community, Association
  • View: No
  • Waterfront Features: Beach Side - Building, Deeded Access, Gulf Accs (<=1/4 Mi), Gulf Front - Building
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Foundation Details: Pilings
  • Patio And Porch Features: Porch-Open

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Covered

Utilities

  • Utilities: Gulf Shores Utilities
  • Cooling: Central Electric (Cool)
  • Cooling Y N: Yes
  • HeatingYN: No

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Monthly
  • Association: No

Fee Information

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

Schools

  • Middle Or Junior School: Gulf Shores Middle

Lot Info

  • Lot Dimensions: 200 x 437
  • Lot Size Sq Ft: 87400
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 45

Tax Info

  • Tax Annual Amount: 1463.22
  • Tax Block: 115
  • Tax Lot: 115

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 $2,704 $81,940 $0 $81,940
2023 $2,659 $78,860 $0 $78,860
2022 $1,909 $57,840 $0 $0
2021 $1,463 $44,340 $0 $0
2020 $1,381 $40,480 $0 $0
2019 $1,286 $37,600 $0 $0
2018 $1,190 $34,700 $0 $0
2017 $1,095 $31,820 $0 $0
2016 $936 $27,000 $0 $0
2015 $936 $27,000 $0 $0
2014 $884 $25,440 $0 $0
2013 -- $23,140 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 For Sale $439,000 +99.5% $455 / Sq Ft
12/06/2019 12/06/19 Sold $220,000 -3.5% $228 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $227,900 0.0% $236 / Sq Ft
08/07/2019 08/07/19 Price Changed $227,900 +1.3% $236 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
06/09/2019 06/09/19 For Sale $224,900 +55.1% $233 / Sq Ft
09/02/2014 09/02/14 Sold $145,000 0.0% $181 / Sq Ft
08/03/2014 08/03/14 Pending -- -- --
10/25/2013 10/25/13 For Sale $145,000 -- $181 / Sq Ft
Source: Baldwin REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $500 None Listed On Document
Warranty Deed $220,000 None Available
Warranty Deed $145,000 None Available
Warranty Deed $145,000 Professional Land Title Inc
Source: Public Records

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Source: Baldwin REALTORS®

MLS Number: 358765

Baldwin REALTORS®

APN: 66-04-20-3-000-003.000-915

Alabama Baldwin County Gulf Shores 36542

507 W Beach Blvd Unit 115, Gulf Shores, AL

This home is located at 507 W Beach Blvd Unit 115, Gulf Shores, AL 36542 and is currently priced at $439,000, approximately $455 per square foot. This property was built in 1982. 507 W Beach Blvd Unit 115 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.

Baldwin REALTORS® 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. Information is deemed reliable but not guaranteed.

Nearby Homes
Mitch Holliman
Listing Agent
Mitch Holliman
Section Image
Dolphin Cove Realty LLC
(251) 850-5597