$895,000
PENDING $100K PRICE DROP

Island Towers 521 W Beach Blvd Unit 501 Gulf Shores, AL 36542

Estimated payment $5,904/month

Total Views 5,512
3 Beds
3 Baths
1,621 Sq Ft
$552 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Property fronts gulf or ocean
  • Fitness Center
  • Gulf Shores Elementary School Rated A-
  • Steam Room
  • 1.38 Acre Lot

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 new lighting throughout*Newly installed shower in the front bathroom*Brand-new refrigerator with ice maker and all 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 generated $53,000 YTD plus over $10,000 on the books to year end. It is a proven money-making rental machine! Check out the over 160 5-star reviews on VRBO (929159). 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 diligence Buye Buyer to verify all information during due diligence.

Listing Agent

Paige Randall

EXIT Realty Gulf Shores Listed on: 04/16/2025

EXIT Realty Gulf Shores

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

  • Entry on the 5th floor
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,135

Year Built

Built in 2005

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Property Type: Residential
  • View: Direct Gulf Front
  • Parcel Number: 6604203000004.001.901
  • Year Built: 2005
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: BBQ Area, Common Lobby, Condo 3-Bdrms in Complex, Covered Entry, Fitness Center, Pool - Indoor, Landscaping, Pool - Outdoor, Steam/Sauna, Wheelchair Accessible, Water Access-Deeded
  • Lot Size Acres: 1.3774
  • Water Body Name: Gulf of Mexico/America
  • ResoSecurityFeatures: Smoke Detector(s), Fire Sprinkler System
  • Co List Office Phone: 251-974-1288
  • Ownership: Condominium
  • MLS Status: Pending
  • Subdivision Name: Island Tower
  • Reso Accessibility Features: Handicap Accessible Property, Wheelchair Accessible Property
  • ResoBuildingAreaSource: Assessor
  • Carport Y N: No
  • Entry Level: 5
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan(s)
  • Unit Levels: One
  • Living Area: 1621
  • New Construction: No
  • Property Attached Yn: Yes
  • ResoPropertyCondition: Resale
  • Reso Structure Type: Condo
  • 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
  • Fireplace: No
  • Flooring: Tile
  • Stories: 1
  • Dining Room Features: Lvg/Dng/Ktchn Combo
  • Room Bedroom3 Area: 120
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 120
  • Room Bedroom3 Level: Main
  • Master Bedroom Master Bedroom Width: 15
  • Room Bedroom2 Level: Main
  • Room Kitchen Area: 144
  • Room Master Bedroom Area: 180

Exterior Features

  • Waterfront: Yes
  • Pool Features: Community, Association
  • View: Yes
  • Waterfront Features: Beach Side - Building, Gulf Front - Building
  • Disclosures: Seller Disclosure
  • Home Warranty: No
  • Construction Type: Stucco, Solid Masonry
  • Foundation Details: Pilings
  • Patio And Porch Features: Covered

Garage/Parking

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

Utilities

  • Utilities: Gulf Shores Utilities, Cable Connected
  • Cooling: Central Electric (Cool)
  • Cooling Y N: Yes
  • Heating: Central
  • 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, Pest Control, Recreational Facilities, Reserve Funds, Security, Taxes-Common Area, Trash, Water/Sewer, Pool

Schools

  • Middle Or Junior School: Gulf Shores Middle

Lot Info

  • Lot Dimensions: 150 x 400
  • Lot Size Sq Ft: 60000
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 65

Tax Info

  • Tax Annual Amount: 5135.46

MLS Schools

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

Map

About Island Towers

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $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
09/20/2025 09/20/25 Pending -- -- --
09/17/2025 09/17/25 Price Changed $895,000 -10.1% $552 / Sq Ft
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®

Purchase 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

Source: Baldwin REALTORS®

MLS Number: 377698

Baldwin REALTORS®

APN: 66-04-20-3-000-004.001-901

Alabama Baldwin County Gulf Shores 36542

521 W Beach Blvd Unit 501, Gulf Shores, AL

This home is located at 521 W Beach Blvd Unit 501, Gulf Shores, AL 36542 and is currently priced at $895,000, approximately $552 per square foot. This property was built in 2005. 521 W Beach Blvd Unit 501 is a home located in Baldwin County with nearby schools including Gulf Shores Elementary School, Gulf Shores Middle School, and Gulf Shores High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Baldwin REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Listing Agent
Paige Randall
Section Image
EXIT Realty Gulf Shores
(251) 250-1309