Island Towers 521 W Beach Blvd Unit 501 Gulf Shores, AL 36542
Estimated payment $6,694/month
Total Views
1,753
3
Beds
3
Baths
1,621
Sq Ft
$614
Price per Sq Ft
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
This wonderfully maintained and upgraded beach retreat is perfect for your next investment property or a place to create many memories with loved ones! Escape to Island paradise in this luxurious 3-bedroom, 3-bathroom corner unit in the highly sought-after Island Tower complex. This condo boasts breathtaking, floor-to-ceiling panoramic views of the Gulf of Mexico/America. Recently renovated with top-of-the-line finishes, this condo features a fully remodeled kitchen and bathrooms, stylish decor and furnishings from the exclusive Malouf Interiors as well as an impressive array of upgrades, including:*Brand-new kitchen quartz countertops and cabinets*New luxury drapes and large smart TV in living room*New sleeper sofa and premium high-grade mattresses*Water heater less than 5 years old*Brand-new smart LED mirrors and special lighting throughout*Newly installed shower in the front bathroom*Brand-new refrigerator with ice maker and all new stainless appliances*New full-sized Speed queen washer and dryer*Fully remodeled master bathroom with expanded shower*New patio furniture With an exceptional rental history and almost a full 2025 calendar, this property has generated over $80,000 annually and is a proven money-making rental machine. Check out the over 160 5-star reviews on VRBO (929159) and let the guests speak for themselves as to the high-end quality experience at this one-of-a-kind condo. All rentals will transfer to new owner. The lower floor allows you easy access without even using the elevators. This east-facing corner unit offers miles of unobstructed views of the Gulf. Located right in the heart of Gulf Shores you are steps away from the Hangout, public beach parks, restaurants and shopping. The complex has many state-of-the-art amenities to offer. There is a large indoor & outdoor pool, fitness center, sauna, grilling area, security, & more! Don't miss this rare opportunity! Schedule a showing today! Buyer to verify all information during due dilligence Buye
Open House Schedule
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Friday, May 09, 20251:00 to 4:00 pm5/9/2025 1:00:00 PM +00:005/9/2025 4:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,135
Year Built
- Built in 2005
Lot Details
- Landscaped
HOA Fees
- $750 Monthly HOA Fees
Home Design
- Piling Construction
- Masonry
- Stucco
Interior Spaces
- 1,621 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Combination Kitchen and Living
- 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
Accessible Home Design
- Wheelchair Access
- Handicap Accessible
Outdoor Features
- Deeded Waterfront Access Rights
- Covered patio or porch
Schools
- Gulf Shores Elementary School
- Gulf Shores Middle School
- Gulf Shores High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 6604203000004.001.901
Community Details
Overview
- Association fees include management, cable TV, common area insurance, ground maintenance, pest control, recreational facilities, reserve funds, security, taxes-common area, trash, water/sewer, pool
- 65 Units
- Community features wheelchair access
Amenities
- Community Barbecue Grill
- Steam Room
- Lobby
Recreation
Pet Policy
- Only Owners Allowed Pets
Security
- Fire and Smoke Detector
- Fire Sprinkler System
Map
About Island Towers
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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 | $5,349 | $162,100 | $0 | $162,100 |
| 2023 | $5,135 | $155,620 | $0 | $155,620 |
| 2022 | $4,173 | $126,440 | $0 | $0 |
| 2021 | $3,905 | $118,340 | $0 | $0 |
| 2020 | $3,637 | $110,220 | $0 | $0 |
| 2019 | $3,627 | $107,640 | $0 | $0 |
| 2018 | $3,445 | $102,120 | $0 | $0 |
| 2017 | $3,391 | $100,500 | $0 | $0 |
| 2016 | $3,124 | $92,400 | $0 | $0 |
| 2015 | $3,017 | $89,160 | $0 | $0 |
| 2014 | $2,942 | $86,880 | $0 | $0 |
| 2013 | -- | $81,060 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/16/2025 04/16/25 | For Sale | $995,000 | +100.8% | $614 / Sq Ft |
| 09/30/2016 09/30/16 | Sold | $495,500 | 0.0% | $306 / Sq Ft |
| 08/26/2016 08/26/16 | Pending | -- | -- | -- |
| 02/28/2016 02/28/16 | For Sale | $495,500 | -- | $306 / Sq Ft |
Source: Baldwin REALTORS®
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | $369,000 | None Available | |
| Warranty Deed | $511,000 | None Available | |
| Warranty Deed | $511,000 | None Available | |
| Warranty Deed | $495,900 | None Available | |
| Warranty Deed | $495,500 | None Available | |
| Warranty Deed | -- | Slt |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $369,000 | New Conventional | |
| Previous Owner | $396,400 | New Conventional | |
| Previous Owner | $779,263 | Unknown |
Source: Public Records
Similar Homes in Gulf Shores, AL
Source: Baldwin REALTORS®
MLS Number: 377698
APN: 66-04-20-3-000-004.001-901
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