$970,000
SOLD APR 30, 2025

Island Towers 521 W Beach Blvd Unit 2502 Gulf Shores, AL 36542

3 Beds
3 Baths
1,597 Sq Ft
$750/mo HOA Fee

Recently Sold

$607 Per Sq Ft

8% Below List Price

323 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Property fronts gulf or ocean
  • Fitness Center
  • Gulf Shores Elementary School Rated A-
  • Steam Room
  • Community Indoor Pool

About This Home

As of April 2025

Better than new - All Upgrades done in 2021!!! Everything from plumbing, fixtures, cabinetry, doors, flooring, kitchen, bathrooms, everything has been upgraded to make this Unit by far the best on the market. Low Density Building with 2 Gulf Front Primary Suites - Unit was a Primary Residence and NOT A Rental. This luxurious property offers designer upgrades, ensuring unparalleled elegance. Every inch of this unit has been meticulously crafted, undergoing a complete transformation to optimize space and functionality. From the custom kitchen to the meticulously designed bathrooms and formal dining room, no detail has been overlooked. Set apart from the rest, this unit stands as a unique gem within the complex. The exterior has also received a stunning facelift, enhancing the allure of this coastal paradise. Nestled in the heart of Gulf Shores, the private balcony spanning 295 square feet offers a breathtaking panorama, with the Gulf of Mexico stretching before you. The moment you step inside, a sense of tranquility envelops you, amplified by the captivating Gulf views. For those seeking amenities, this complex boasts an indoor pool, outdoor pool, fitness center, sauna, and grilling area, all within walking distance of Gulf Shores' attractions. Sold fully furnished and professionally decorated, including several custom-made pillows and seat cushions, this property epitomizes luxury living. Whether you're seeking an investment opportunity, a second home, or a primary residence, unit 2502 stands as the pinnacle of coastal living. Simply pack your bags and sunscreen, and let the beach become your backyard. Buyer to verify all information during due diligence.

Last Agent to Sell the Property

Rachel Wallace

RE/MAX on the Coast Listed on: 05/08/2024

Last Buyer's Agent

Joseph Smith

RE/MAX Paradise

RE/MAX Paradise

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,530

Year Built

  • Built in 2004

HOA Fees

  • $750 Monthly HOA Fees

Home Design

  • Entry on the 25th floor
  • Slab Foundation
  • Piling Construction
  • Masonry
  • Stucco

Interior Spaces

  • 1,597 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Tile Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Covered Parking
  • Parking Lot

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Internet Available
  • Cable TV Available

Additional Features

  • Wheelchair Access
  • Deeded Waterfront Access Rights

Listing and Financial Details

  • Assessor Parcel Number 6604203000004.001962

Community Details

Overview

  • Association fees include management, cable TV, common area insurance, ground maintenance, custodial services, pest control, security, taxes-common area, trash, water/sewer, internet, pool
  • 65 Units

Amenities

  • Community Barbecue Grill
  • Steam Room

Recreation

Pet Policy

  • Only Owners Allowed Pets

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,530

Year Built

Built in 2004

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Property Type: Residential
  • View: Direct Gulf Front
  • Parcel Number: 6604203000004.001962
  • Year Built: 2004
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: BBQ Area, Covered Entry, Fitness Center, Internet, Pool - Indoor, Pool - Outdoor, Steam/Sauna, Water Access-Deeded
  • Water Body Name: Gulf of Mexico/America
  • ResoSecurityFeatures: Fire Sprinkler System
  • Co List Office Phone: 251-948-8000
  • Ownership: Whole/Full
  • MLS Status: Closed
  • Subdivision Name: Island Tower
  • Reso Accessibility Features: Wheelchair Accessible Property
  • ResoBuildingAreaSource: Assessor
  • Carport Y N: No
  • Entry Level: 25
  • Reso Interior Features: Ceiling Fan(s)
  • Unit Levels: One
  • Living Area: 1597
  • 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, Disposal, Dryer, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Living Room Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Room Bedroom2 Level: Main

Exterior Features

  • Waterfront: Yes
  • Pool Features: Community, Association
  • View: Yes
  • Waterfront Features: Gulf Front - Building
  • Construction Type: Stucco, Solid Masonry
  • Foundation Details: Pilings, Slab

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 750
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Owners Only

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Common Area Insurance, Maintenance Grounds, Custodial Services, Pest Control, Security, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool

Schools

  • Middle Or Junior School: Gulf Shores Middle

Lot Info

  • ResoLotSizeUnits: Square Feet
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 65

Tax Info

  • Tax Annual Amount: 2529.78

MLS Schools

  • Elementary School: Gulf Shores Elementary
  • HighSchool: Gulf Shores High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2012
Closed on
Aug 12, 2013
Sold by
Rgi Properties Llc
Bought by
Spanton Stephen G
Seller's Agent
Robert Jaeger
Youngs Suncoast Realty on Gulf
Buyer's Agent
Lorraine Gatti
RE/MAX of Orange Beach
List Price
$440,000
Sold Price
$440,000
Current Estimated Value
$943,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,201
Avg. Annual Appreciation
6.36%

Purchase Details

Closed on
Feb 15, 2007
Sold by
Turchetta Gary and Kimball Ralph C
Bought by
Rgi Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.37%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $440,000 None Available
Warranty Deed -- Slt
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $540,000 Unknown
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2025 04/30/25 Sold $970,000 -2.0% $607 / Sq Ft
03/27/2025 03/27/25 Pending -- -- --
02/14/2025 02/14/25 Price Changed $989,999 -0.9% $620 / Sq Ft
02/14/2025 02/14/25 Price Changed $998,999 -0.1% $626 / Sq Ft
12/07/2024 12/07/24 Price Changed $999,999 -2.4% $626 / Sq Ft
11/14/2024 11/14/24 Price Changed $1,025,000 -2.4% $642 / Sq Ft
10/30/2024 10/30/24 For Sale $1,050,000 0.0% $657 / Sq Ft
10/30/2024 10/30/24 Pending -- -- --
09/04/2024 09/04/24 Price Changed $1,050,000 -4.5% $657 / Sq Ft
08/08/2024 08/08/24 Price Changed $1,100,000 -4.3% $689 / Sq Ft
07/31/2024 07/31/24 Price Changed $1,149,000 -0.1% $719 / Sq Ft
06/12/2024 06/12/24 Price Changed $1,149,999 -4.2% $720 / Sq Ft
05/08/2024 05/08/24 For Sale $1,199,999 +172.7% $751 / Sq Ft
08/12/2013 08/12/13 Sold $440,000 0.0% $269 / Sq Ft View Prior Sale
07/13/2013 07/13/13 Pending -- -- --
06/06/2012 06/06/12 For Sale $440,000 -- $269 / Sq Ft
Source: Baldwin REALTORS®

Tax History Compared to Growth

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 $2,635 $79,860 $0 $79,860
2023 $2,485 $76,660 $0 $76,660
2022 $2,010 $62,280 $0 $0
2021 $1,800 $55,900 $0 $0
2020 $1,668 $51,900 $0 $0
2019 $1,616 $50,320 $0 $0
2018 $1,563 $48,720 $0 $0
2017 $1,510 $47,120 $0 $0
2016 $1,518 $46,000 $0 $0
2015 $1,449 $43,920 $0 $0
2014 $1,412 $42,800 $0 $0
2013 -- $79,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 362096

Baldwin REALTORS®

APN: 66-04-20-3-000-004.001-962