5531 Bear Point Ave Orange Beach, AL 36561
Estimated payment $2,417/month
Highlights
- Deeded Waterfront Access Rights
- Fishing
- Corner Lot
- Boat Ramp
- Clubhouse
- Cottage
About This Home
Rare opportunity to own a grandfathered vacation rental in Bear Point — no nightly minimum! This 2-bedroom, 2-bath coastal cottage is being sold fully furnished and turnkey, making it ideal as a short-term rental, second home, or investment property. Large living area and a generous covered outdoor entertaining area with covered parking for cars, boats or other gear! (covered parking apx. 36' x 10' x 10.5')Recent updates include the addition of a second bathroom, metal roof (2021), HVAC (2021), water heater (2023), and grinder pump (2019).Partially fenced and on a corner lot located in the highly desirable Bear Point community, just a short walk or golf cart ride to the marina for stunning sunsets, live music, and great food at OSO Restaurant & Tiki Bar. Optional membership in Bear Point Civic Association gives owners access to a beautiful waterfront park, fishing pier and boat launch. Don't miss your chance to own an income-producing property in Bear Point! Buyer to verify all information during due diligence.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,221
Year Built
- Built in 1958
Lot Details
- 5,000 Sq Ft Lot
- Lot Dimensions are 50 x 100
- North Facing Home
- Partially Fenced Property
- Corner Lot
- Level Lot
HOA Fees
- $25 Monthly HOA Fees
Parking
- 1 Carport Space
Home Design
- Cottage
- Pillar, Post or Pier Foundation
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
Interior Spaces
- 1,222 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Window Treatments
- Combination Kitchen and Dining Room
- Property Views
Kitchen
- Electric Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Bathroom
- 2 Full Bathrooms
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Dryer
- Washer
Home Security
- Fire and Smoke Detector
- Termite Clearance
Outdoor Features
- Deeded Waterfront Access Rights
- Boat Ramp
- Covered Patio or Porch
Schools
- Orange Beach Elementary School
- Orange Beach Middle School
- Orange Beach High School
Utilities
- Heating Available
- Grinder Pump
Listing and Financial Details
- Legal Lot and Block 580 / 580
- Assessor Parcel Number 6207370002130.000
Community Details
Overview
- Association fees include common area insurance, ground maintenance, recreational facilities, clubhouse
Amenities
- Clubhouse
Recreation
- Fishing
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 |
|---|---|---|---|---|
| 2025 | $2,221 | $69,400 | $40,140 | $29,260 |
| 2024 | $2,076 | $64,860 | $37,760 | $27,100 |
| 2023 | $1,954 | $61,060 | $32,080 | $28,980 |
| 2022 | $1,550 | $48,440 | $0 | $0 |
| 2021 | $1,296 | $41,800 | $0 | $0 |
| 2020 | $1,203 | $36,540 | $0 | $0 |
| 2019 | $1,050 | $31,660 | $0 | $0 |
| 2018 | $991 | $28,960 | $0 | $0 |
| 2017 | $404 | $12,620 | $0 | $0 |
| 2016 | $336 | $10,500 | $0 | $0 |
| 2015 | -- | $9,080 | $0 | $0 |
| 2014 | -- | $8,340 | $0 | $0 |
| 2013 | -- | $8,040 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/24/2026 03/24/26 | For Sale | $419,000 | +161.9% | $343 / Sq Ft | |
| 03/10/2017 03/10/17 | Sold | $160,000 | 0.0% | $131 / Sq Ft | View Prior Sale |
| 01/13/2017 01/13/17 | Pending | -- | -- | -- | |
| 12/22/2016 12/22/16 | For Sale | $160,000 | +27.0% | $131 / Sq Ft | |
| 04/29/2016 04/29/16 | Sold | $126,000 | 0.0% | $103 / Sq Ft | View Prior Sale |
| 04/10/2016 04/10/16 | Pending | -- | -- | -- | |
| 04/05/2016 04/05/16 | For Sale | $126,000 | -- | $103 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $160,000 | None Available | |
| Warranty Deed | $126,000 | Ct | |
| Interfamily Deed Transfer | -- | None Available | |
| Survivorship Deed | -- | Attorneys Title Inc | |
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $120,000 | New Conventional | |
| Previous Owner | $118,750 | Purchase Money Mortgage |
Source: Baldwin REALTORS®
MLS Number: 394024
APN: 62-07-37-0-002-130.000
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Ask me questions while you tour the home.