$209,900

497 Plantation Road 1263, Gulf Shores, AL 36542

  • 1 bath |
  • 464 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1985
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $452/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Rental Machine! Gulf-Front Studio in a Family-Friendly Resort. Welcome to your relaxing beach getaway! This gulf-front studio is located in one of the most sought-after destinations along the Alabama coast. Situated on the Gulf of Mexico in beautiful Fort Morgan, this resort offers a peaceful retreat away from the hustle and bustle of Gulf Shores — yet still just a short drive to shopping, dining, and entertainment. Enjoy the beautiful sugar-white sand beaches, perfect for spreading out, relaxing, and soaking up the sun without the crowds.Resort amenities include 6 outdoor swimming pools, 2 outdoor hot tubs, indoor hot tub, sauna & fitness center, tennis, putting green, volleyball, basketball & shuffleboard courts, laundry facilities (credit card friendly), boardwalks, BBQ areas & picnic spaces. There is also on on-site restaurant, ice cream shop, and coffee shop.Whether you’re looking for a family vacation spot, an investment property, or a peaceful couple’s escape, this studio offers everything you need. Leave your stress behind, breathe in the salty air, and put your toes in the sand. This unit is currently listed on Airbnb and gross rents for 2024 were $31,134 with 2025 on track to do similar numbers. This unit has a cap rate of 9.8%. Buyer to verify all information during due diligence.

Listing Status:
Active
Listing Office:
RE/MAX of Orange Beach : 251-981-2400
Listing Agent:
Melissa Lohmeier : 251-256-6231
MLS ID:
383223
  • General: Ceiling Fan(s)Internet
  • Master Bedroom: Main
  • Appliances: DishwasherMicrowaveElectric RangeRefrigerator
  • Laundry: Common Area
  • Flooring: TileLuxury Vinyl Plank
  • Heating: ElectricCentral
  • Fireplace: Fireplaces: 0

This listing courtesy of Melissa Lohmeier, RE/MAX of Orange Beach

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Swift Elementary School

6330 Bon Secour Hwy, Bon Secour, AL, 36511

Grades PK-6

11.29 miles away

F

Foley Middle School

200 N Oak St, Foley, AL, 36535

Grades 7-8

17.08 miles away

F

Foley High School

1 Pride Pl, Foley, AL, 36535

Grades 9-12

15.84 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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