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504/561 E Beach Blvd

Gulf Shores AL 36542

1
2
676 sq. ft.
Condo
Currently for sale - view listing

Overview

This truly is a MUST SEE RECENTLY COMPLETELY RENOVATED condo with exceptional rental history! Upscale coastal design combined with a fantastic unique location makes this a RARE opportunity for a buyer looking for a beachfront condo that needs absolutely nothing, just bring your suitcase!! If you are looking for a true turnkey unit, look no further. Recent renovation includes entire unit painted including ceilings, popcorn removal, new LVT flooring throughout, shiplap feature wall, complete kitchen renovation (new cabinets, quartz countertops, all new appliances, dishes & cookware). Both bathrooms have new vanities, fixtures and decor, entire unit furnished with ALL new furniture, mattresses, ceiling fans, washer & dryer, wall mounted smart TVs and new glass in sliding glass doors. Custom bunks with a fun shiplap theme and features private secure owner storage underneath the bunks. Unlike many 1 Bedroom condos, at Royal Palms the 1 bedroom units have the benefit of a full second bathroom. Royal Palms is the last condo complex on the beach adjacent to the Gulf State Park so instead of a condo complex as your neighbor you have the beautiful 6500 acre state park, with a recreational fishing pier, restaurants, bike trails and so much more just a short stroll from Royal Palms. For the buyer looking for great proven vacation rental property look no further: having earned 47 5 STAR reviews this popular rental unit began renting in May of 2021 and generated over $49K in rental income in only 8 months. The year to date NET rental income for 2022 is already over $52K for this rental machine. To make it an even easier transition for a buyer interested in vacation rentals the KABA Keyless lock, linens and towels will convey with the sale. Royal Palms is a well managed condo complex featuring sought after amenities such as indoor pool, hot tub, outdoor pool (heated seasonally), fitness room, sauna, steam room and BBQs.

Features

1 bedroom
2 bathrooms
676 sq. ft. floor area
Condo

Property history for 504/561 E Beach Blvd

2021
Sold
$358,000
12 Mar 2021 by Brittany Delmore, of eXp Realty, LLC (CE - SR08 - Indiana)
2018
Sold
Undisclosed
30 Jan 2018 by Scott Myrick, of Cortright & Company

Happy sellers in Gulf Shores

64%
64% 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 1 bedroom condos in Gulf Shores

In the last 12 months, 94 one-bedroom condos similar to 504/561 E Beach Blvd, have been sold.

This represents a 40% decrease in one-bedroom condos sales when compared to the previous 12 months.

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