RateMyAgentGo to search
Back 113/507 West Beach Boulevard
Active

113/507 West Beach Boulevard

Gulf Shores AL 36542

2
2
1044 sq. ft.
87400 sq. ft.
Condo
Currently for sale - view listing

Overview

Indulge in coastal living at its finest at Ocean Reef Condos. Exquisite 2-bedroom, 2-bath condo in Gulf Shores, within walking distance of The Hangout, restaurants and shopping. Perfect for 6-8 guests, this fully furnished gem boasts upscale beach decor, covered parking for 2 cars, and a unique office/study area adds 80 sq ft of living area. Granite counters, wood plank tile floors and an electric fireplace, every detail exudes luxury. Enjoy the best tropical pool area, just steps from the Gulf of Mexico. Gross income of $39,850 for 2022, $25,671 for 2023, with a projected annual income of $38,000 per year, this low-density complex of 45 units offers wood plank porcelain tile, 200' of deeded beach access, and the promise of a dreamy beachside lifestyle. 2024 Summer Rental Bookings look great for this ultimate getaway and income-producing investment! Buyer to verify all information during due diligence.

Features

2 bedrooms
2 bathrooms
1044 sq. ft. floor area
87400 sq. ft. lot size
Condo

Property history for 113/507 West Beach Boulevard

2020
Sold
$257,000
26 Aug 2020 by Nancy Gordon, of Bellator Real Estate & Dev - Ono Branch

Happy sellers in Gulf Shores

70%
70% of sellers in Gulf Shores reported that their sale price either exceeded or met their price expectations.

Gulf Shores stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 31 reviews in Gulf Shores over the last 12 months.

Local market activity for 2 bedroom condos in Gulf Shores

In the last 12 months, 248 two-bedroom condos similar to 113/507 West Beach Boulevard, have been sold.

This represents a 8% decrease in two-bedroom condos sales when compared to the previous 12 months.

RateMyAgent
Sales:
(619) 566-0008
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsLicensingSitemap