517 E Beach Blvd Unit 1B Gulf Shores, AL 36542
Estimated payment $3,061/month
Highlights
- Popular Property
- Property fronts gulf or ocean
- Community Pool
- Gulf Shores Elementary School Rated A-
- Main Floor Primary Bedroom
- Views
About This Home
Don't miss this outstanding investment opportunity at Clearwater. Perfectly positioned just steps from the sand, this updated 1-bedroom, 1-bath condo with bonus hallway bunks offers the ideal setup for rental success — generating approximately $40,000 annually in rental income.Step inside to find bright coastal décor, updated finishes, and an inviting open layout. The kitchen features stainless steel appliances, granite countertops, and new cabinetry, while fresh flooring and an upgraded bathroom complete the modern look. The private balcony invites you to relax with breezy Gulf views — a perfect place to start your morning or unwind after a day at the beach.This unit has been thoughtfully updated for peace of mind, with a newer HVAC system, hot water heater, and appliances — all under two years old. Additional community-wide improvements include the installation of hurricane-impact sliding glass doors and the full replacement of polybutylene plumbing.Located within walking distance to Gulf Shores' main public beach and popular restaurants, this property offers unbeatable convenience for guests and owners alike. Whether you are looking for a profitable rental property, a second home by the sea, or both, this Gulf-front condo is ready to perform.Schedule your showing today and secure your place in one of Gulf Shores' best locations! (Buyer to verify all information during due diligence.) Buyer to verify all information during due diligence.
Listing Agent
RE/MAX of Orange Beach Brokerage Phone: 251-233-6695 Listed on: 11/10/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,732
Year Built
- Built in 1998
Lot Details
- Property fronts gulf or ocean
- East Facing Home
- Landscaped
HOA Fees
- $688 Monthly HOA Fees
Parking
- Parking Lot
Home Design
- Entry on the 1st floor
- Stucco
Interior Spaces
- 700 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Tile Flooring
- Stacked Washer and Dryer
- Property Views
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
- Bathtub and Shower Combination in Primary Bathroom
Schools
- Gulf Shores Elementary School
- Gulf Shores Middle School
- Gulf Shores High School
Utilities
- Central Air
- Heat Pump System
- Internet Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 1B / 1B
- Assessor Parcel Number 6605212000181.000902
- $1,441 per year additional tax assessments
Community Details
Overview
- Association fees include cable TV, common area insurance, ground maintenance, pest control, taxes-common area, trash, water/sewer, internet
- 32 Units
Amenities
- Community Barbecue Grill
Recreation
- Community Pool
Matterport 3D Tour
Floorplan
Map
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 | $2,934 | $88,900 | $0 | $88,900 |
| 2023 | $2,726 | $82,600 | $0 | $82,600 |
| 2022 | $2,079 | $63,000 | $0 | $0 |
| 2021 | $1,733 | $52,500 | $0 | $0 |
| 2020 | $1,765 | $52,500 | $0 | $0 |
| 2019 | $1,705 | $50,680 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/08/2025 12/08/25 | Price Changed | $425,000 | -2.3% | $607 / Sq Ft |
| 11/18/2025 11/18/25 | Price Changed | $435,000 | -2.2% | $621 / Sq Ft |
| 11/10/2025 11/10/25 | For Sale | $445,000 | -- | $636 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $290,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $292,000 | Fannie Mae Freddie Mac |
About the Listing Agent
Kristina Halfacre, a dedicated Realtor affiliated with RE/MAX Paradise in Orange Beach, Alabama, found her true home on the Gulf Coast when she relocated to Gulf Shores in 2008. Drawn to the region by its splendid weather and the warm embrace of southern hospitality, Kristina has made a significant impact in the real estate industry.
A graduate of the University of Arkansas with a BA in Communication, Kristina Halfacre brings a strong academic background to her real estate career. Her
Kristina's Other Listings
Source: Baldwin REALTORS®
MLS Number: 387852
APN: 66-05-21-2-000-181.000-902
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