507 W Beach Blvd Unit 402 Gulf Shores, AL 36542
Estimated payment $2,738/month
Total Views
7,612
2
Beds
1
Bath
720
Sq Ft
$556
Price per Sq Ft
Highlights
- Property fronts gulf or ocean
- Community Pool
- Central Heating
- Gulf Shores Elementary School Rated A-
- Tile Flooring
- Ceiling Fan
About This Home
Seller offering to cover 12 months of HOA dues to new buyer. This charming Beachfront condo is in a low density, two storied complex that offers a fantastic partial ocean view and quick access to the beach. Located in the heart of Gulf Shores, Ocean Reef is within walking distance to the Hang Out, local restaurants, and popular attractions. From this unit you will have views of the courtyard pool and the Gulf of Mexico. This short-term rental has covered parking as well as a large outdoor deck. Don’t miss out on this rare opportunity to own a piece of Gulf Shores paradise! Buyer to verify all information during due diligence.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,318
Year Built
- Built in 1982
HOA Fees
- $336 Monthly HOA Fees
Parking
- Covered Parking
Home Design
- Concrete Fiber Board Siding
- Piling Construction
Interior Spaces
- 720 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Tile Flooring
- Gulf Views
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Gulf Shores Elementary School
- Gulf Shores Middle School
- Gulf Shores High School
Additional Features
- Property fronts gulf or ocean
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 6604203000003.000.926
Community Details
Overview
- Association fees include common area insurance, ground maintenance, trash, water/sewer, internet, pool
- 45 Units
Recreation
- Community Pool
Map
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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 | $2,744 | $83,160 | $0 | $83,160 |
| 2023 | $2,318 | $70,240 | $0 | $70,240 |
| 2022 | $1,797 | $54,440 | $0 | $0 |
| 2021 | $1,705 | $50,660 | $0 | $0 |
| 2020 | $1,521 | $45,080 | $0 | $0 |
| 2019 | $1,411 | $41,760 | $0 | $0 |
| 2018 | $1,221 | $36,000 | $0 | $0 |
| 2017 | $1,055 | $30,960 | $0 | $0 |
| 2016 | $888 | $25,920 | $0 | $0 |
| 2015 | $888 | $25,920 | $0 | $0 |
| 2014 | $793 | $23,040 | $0 | $0 |
| 2013 | -- | $20,880 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | For Sale | $399,990 | +9.6% | $556 / Sq Ft |
| 03/04/2022 03/04/22 | Sold | $365,000 | +0.3% | $507 / Sq Ft |
| 01/24/2022 01/24/22 | Pending | -- | -- | -- |
| 01/22/2022 01/22/22 | For Sale | $363,999 | +40.5% | $506 / Sq Ft |
| 04/01/2020 04/01/20 | Sold | $259,000 | -0.4% | $360 / Sq Ft |
| 03/04/2020 03/04/20 | Pending | -- | -- | -- |
| 02/08/2020 02/08/20 | For Sale | $260,000 | +33.3% | $361 / Sq Ft |
| 11/17/2017 11/17/17 | Sold | $195,000 | -4.8% | $271 / Sq Ft |
| 10/11/2017 10/11/17 | Pending | -- | -- | -- |
| 09/25/2017 09/25/17 | For Sale | $204,900 | -- | $285 / Sq Ft |
Source: Baldwin REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $272,500 | Professional Land Title | |
| Warranty Deed | $365,000 | None Listed On Document | |
| Warranty Deed | $259,000 | None Available | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $328,500 | New Conventional | |
| Previous Owner | $194,250 | New Conventional | |
| Previous Owner | $146,250 | New Conventional |
Source: Public Records
Similar Homes in Gulf Shores, AL
Source: Baldwin REALTORS®
MLS Number: 377610
APN: 66-04-20-3-000-003.000-926
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