$1,050,000
SOLD APR 15, 2022

620 W Beach Blvd Unit 17A Gulf Shores, AL 36542

1 Bed
1 Bath
531 Sq Ft
1.1 Acres

Recently Sold

$1,977 Per Sq Ft

5% Below List Price

732 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Spa
  • Corner Lot
  • Gulf Shores Elementary School Rated A-
  • Gulf View
  • Community Pool

About This Home

As of April 2022

Rare invenstment opportunity to own FOUR impressive income producing short term rentals at the Paradise Isle complex located in beautiful Gulf Shores! Units #17, 12, 4, & 2 are being sold as one purchase. This complex offers everything needed for the perfect rental property. Perfectly situated in the heart of Gulf Shores walking distance to the Gulf Place where many festivals are centered around, dining, and shopping. Public beach access right across the street at the stoplight offers easy access for days spent on the white sandy beaches, AND the complex is PET FRIENDLY FOR RENTERS. Each unit is a one bedroom, one bath comfortably sleeping 6 guests. All units are located on the first floor and two units are side by side and face West Beach Blvd, offering a glimpse of the Gulf. Impressive rental history! #17 grossed over $44k in 2021 and the others are on track to do just as well.

Last Agent to Sell the Property

Kimberly Willman

RE/MAX Paradise Listed on: 03/22/2022

RE/MAX Paradise

Last Buyer's Agent

Chad Harris

RE/MAX of Orange Beach

RE/MAX of Orange Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,490

Year Built

  • Built in 1996

Lot Details

  • Landscaped
  • Corner Lot
  • Level Lot

HOA Fees

  • $569 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Wood Frame Construction
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 531 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Gulf Views
  • Termite Clearance

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Spa
  • Water access To Gulf or Ocean
  • Front Porch

Schools

  • Gulf Shores Elementary School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 66-04-19-1-000-014.000910

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, pest control, taxes-common area, trash, water/sewer, internet, pool
  • Paradise Isle Community

Amenities

  • Community Barbecue Grill
  • Community Wi-Fi

Recreation

  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,490

Year Built

Built in 1996

Lot Details

0

HOA Fees

$569 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Wood Frame, Pilings
  • Construction Status: Resale
  • Property Amenities: Ceiling Fan(s), Internet, Outdoor Hot Tub, Termite Contract, Porch-Front
  • Property Type: Residential Attached
  • Style: Condo
  • View: Direct Gulf-Across Rd
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-04-19-1-000-014.000910
  • Year Built: 1996
  • Geo Subdivision: AL
  • Living Room Group: Living/Dining
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Disposal, Icemaker, Microwave, Range-Electric, Refrigerator W/Ice Maker
  • Estimated Living Area: 531
  • Bathrooms: 1
  • Bedrooms: 1
  • Floors: Tile, Laminate
  • Kitchen: Dimensions: 12x9, On Level: Main Level
  • Living Dining: Dimensions: 14x13, On Level: Main Level
  • Master Bed: Dimensions: 12x18, On Level: Main Level
  • Price Per Sq Ft: 1977.4
  • Property Interior Stories: 1
  • Unit Floor: 1
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Walk In Closet, Tub/Shower Combo

Exterior Features

  • Exterior Finish: Wood
  • Water Property Type: Gulf Accs (Wlk <=1/4 Mi), Public Acc (Wlk <=1/4 Mi)

Garage/Parking

  • Garage Parking: Condo: Covered Parking

Utilities

  • Heat Cooling: Central Electric, Central Heat
  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 569
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool
  • Community Amenities: Bbq Area, Condo 1-Bdrms In Complex, Condo 2-Bdrms In Complex, Internet, Landscaping, On-Site Management, Pool - Outdoor, Pets - Renters Allowed, Pets - Allowed, Spa/Hot Tub
  • Condo Building Stories: 1
  • Condo Complex: Paradise Isle

Fee Information

  • Transfer Fees: Yes

Schools

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

Lot Info

  • Lot Description: Corner Lot, Level

Rental Info

  • Incm Producing Potential: Yes
  • More Than2 Pets Allowed: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: new
  • Assessor Parcel Number: multiple

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Jan 15, 2021
Sold by
Pelagia Rentals Llc
Bought by
Sugar Mama Properties Llc
Seller's Agent
Debra Wood
Engel and Volkers Gulf Shores
Buyer's Agent
Kimberly Willman
RE/MAX Paradise
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%

Purchase Details

Closed on
Aug 15, 2016
Sold by
Hers Llc
Bought by
Pelagia Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.41%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 4, 2013
Sold by
Andoe Shelley D
Bought by
Hers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,250
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 22, 2013
Sold by
Montgomery William R and Montgomery Darlene C
Bought by
Andoe Shelley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,250
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 1, 2011
Sold by
Zimmerle Kim
Bought by
Montgomery William R and Montgomery Darlene C

Purchase Details

Closed on
Jan 10, 2008
Sold by
Matherene Olga
Bought by
Zimmerle Kim
Source: Public Records

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Range of Values:

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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 $190,000 None Available
Warranty Deed -- None Available
Warranty Deed $15,000 None Available
Warranty Deed -- None Available
Warranty Deed -- Ct
Warranty Deed -- Atc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Future Advance Clause Open End Mortgage
Previous Owner $54,250 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 For Sale $275,000 -73.8% $518 / Sq Ft
04/15/2022 04/15/22 Sold $1,050,000 +452.6% $1,977 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
01/15/2021 01/15/21 Sold $190,000 -2.6% $358 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $195,000 -82.3% $367 / Sq Ft
03/22/2020 03/22/20 For Sale $1,100,000 -- $2,072 / 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 $1,490 $45,140 $0 $45,140
2023 $1,611 $47,260 $0 $47,260
2022 $1,244 $37,700 $0 $0
2021 $1,073 $31,860 $0 $0
2020 $968 $28,680 $0 $0
2019 $827 $24,420 $0 $0
2018 $677 $20,180 $0 $0
2017 $607 $18,060 $0 $0
2016 $543 $16,140 $0 $0
2015 $477 $13,800 $0 $0
2014 $466 $13,800 $0 $0
2013 -- $13,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 327903

Baldwin REALTORS®

APN: 66-04-19-1-000-014.000-913