507 W Beach Blvd Unit 504 Gulf Shores, AL 36542
Estimated payment $3,747/month
Total Views
8,079
3
Beds
2
Baths
987
Sq Ft
$546
Price per Sq Ft
Highlights
- Deeded Waterfront Access Rights
- Property fronts gulf or ocean
- Vaulted Ceiling
- Gulf Shores Elementary School Rated A-
- No Units Above
- Community Pool
About This Home
Turnkey Gulf-Side Rental Machine!Welcome to Ocean Reef, where luxury meets location! This completely remodeled 3BR/2BA townhouse-style retreat is the ultimate investment property, vacation home, or both. With an impressive steady rental history, nice future bookings, this unit sleeps 9, and is built for maximum ROI.Step inside to a fresh, modern interior—recently renovated with new flooring, brand new hvac in June 2025, granite countertops, stainless steel appliances, fresh paint, new TVs, new furniture, updated interiors, and NO popcorn ceilings—all designed for style and comfort. The larger private primary suite is a true sanctuary, while front and rear decks let you soak up the salty breeze.Outside, your private pool courtyard offers a serene escape just steps from the Gulf. The low-density complex features a concrete board exterior, metal roof, and NO damage from Hurricane Sally, ensuring peace of mind. Plus, enjoy assigned covered parking and an unbeatable location—less than mile from The Hangout, top restaurants, and shopping.This beachside beauty is truly turnkey and rental-ready—don’t miss out on this Gulf Coast gem! Buyer to verify all information during due diligence.
Listing Agent
MarMac Real Estate Coastal Brokerage Phone: 256-483-0434 Listed on: 03/01/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,895
Year Built
- Built in 1982
Lot Details
- Property fronts gulf or ocean
- No Units Above
HOA Fees
- $529 Monthly HOA Fees
Property Views
- Gulf
- Pool
Home Design
- Metal Roof
- Concrete Fiber Board Siding
- Piling Construction
Interior Spaces
- 987 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Window Treatments
- Vinyl Flooring
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary bedroom located on second floor
- Split Bedroom Floorplan
- 2 Full Bathrooms
- Single Vanity
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Dryer
- Washer
Parking
- Covered Parking
- Assigned Parking
Outdoor Features
- Deeded Waterfront Access Rights
Schools
- Gulf Shores Elementary School
- Gulf Shores Middle School
- Gulf Shores High School
Utilities
- Central Air
- Heating Available
- Internet Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 504 / 504
- Assessor Parcel Number 6604203000003.000.932
Community Details
Overview
- Association fees include cable TV, ground maintenance, pest control, taxes-common area, trash, water/sewer, internet, pool
- 45 Units
Amenities
- Community Barbecue Grill
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 | $3,690 | $111,820 | $0 | $111,820 |
| 2023 | $2,895 | $87,720 | $0 | $87,720 |
| 2022 | $2,892 | $87,640 | $0 | $0 |
| 2021 | $1,870 | $87,640 | $0 | $0 |
| 2020 | $1,674 | $49,360 | $0 | $0 |
| 2019 | $1,609 | $47,380 | $0 | $0 |
| 2018 | $1,446 | $42,440 | $0 | $0 |
| 2017 | $1,218 | $35,540 | $0 | $0 |
| 2016 | $1,153 | $33,560 | $0 | $0 |
| 2015 | $1,153 | $33,560 | $0 | $0 |
| 2014 | $977 | $28,220 | $0 | $0 |
| 2013 | -- | $25,660 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/01/2025 03/01/25 | For Sale | $538,900 | +21.1% | $546 / Sq Ft |
| 11/04/2021 11/04/21 | Sold | $445,000 | -2.2% | $451 / Sq Ft |
| 08/27/2021 08/27/21 | Pending | -- | -- | -- |
| 07/20/2021 07/20/21 | For Sale | $455,000 | 0.0% | $461 / Sq Ft |
| 07/11/2021 07/11/21 | Pending | -- | -- | -- |
| 06/25/2021 06/25/21 | For Sale | $455,000 | 0.0% | $461 / Sq Ft |
| 06/25/2021 06/25/21 | Price Changed | $455,000 | +1.1% | $461 / Sq Ft |
| 05/04/2021 05/04/21 | Pending | -- | -- | -- |
| 04/30/2021 04/30/21 | For Sale | $449,900 | +60.7% | $456 / Sq Ft |
| 04/14/2020 04/14/20 | Sold | $280,000 | -6.4% | $284 / Sq Ft |
| 03/30/2020 03/30/20 | Pending | -- | -- | -- |
| 02/05/2020 02/05/20 | Price Changed | $299,000 | -6.5% | $303 / Sq Ft |
| 12/16/2019 12/16/19 | For Sale | $319,900 | -- | $324 / Sq Ft |
Source: Baldwin REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Professional Land Title Inc | |
| Warranty Deed | -- | Professional Land Title Inc | |
| Warranty Deed | -- | Attorneys Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $356,000 | New Conventional | |
| Previous Owner | $135,000 | Future Advance Clause Open End Mortgage |
Source: Public Records
Similar Homes in Gulf Shores, AL
Source: Baldwin REALTORS®
MLS Number: 374964
APN: 66-04-20-3-000-003.000-932
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