Alabama
Gulf Shores
507 W Beach Boulevard 102

$359,500

507 W Beach Boulevard 102, Gulf Shores, AL 36542

1 bed |
1 bath |
572 sqft

Condominium
Built in 1982
—— sqft lot
—— car garage
$628/sqft
Listed 1 month ago

Property Description

PRICE IMPROVEMENT and ZERO DOWN SELLER FINANCING AVAILABLE! Instant revenue producer with upcoming bookings! Ocean Reef is a low-density beachside building right in the heart of Gulf Shores. You are close to all the action, only 1/4 mile from Hangout, making this an ideal location for rental, with the added benefit of one assigned parking space plus guest spots. This unit features ceramic tile in living spaces, carpet in the bedroom, and fresh paint on the walls. Unit is being sold furnished with updated furniture and appliances. Enjoy the BBQ grill area and landscaped pool area with recently installed new decking on front and back decks, or take a few steps right out to beautiful white sand and emerald Gulf water. 2025 assessment has been paid in full. Gross 2024 rental was nearly $39,000 through Airbnb and VRBO combined. Buyer to verify all information during due diligence.

Listing Status:: Active
Listing Office:: Levin Rinke Realty : 850-916-5050
Listing Agent:: Abby Beckloff : 251-219-0055
MLS ID:: 378094

General: Ceiling Fan(s)En-SuiteInternet
Master Bedroom: Main
Appliances: DishwasherMicrowaveElectric RangeRefrigerator
Laundry: Common Area
Flooring: CarpetTile
A/C: Central Electric (Cool)
Heating: Central
Fireplace: Fireplaces: 0

This listing courtesy of Abby Beckloff, Levin Rinke Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Gulf Shores Elementary School

1600 E 3rd St, Gulf Shores, AL, 36542

Grades PK-5

1.80 miles away

Gulf Shores Middle School

450 E 15th Ave, Gulf Shores, AL, 36542

Grades 6-8

1.84 miles away

Gulf Shores High School

600 E 15th Ave, Gulf Shores, AL, 36542

Grades 9-12

1.96 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.