For Sale

Listed by Nancy Gordon and Thomas Gordon from Realty Executives Gulf Coast

Source: Baldwin County Association of Realtors #355926

113/507 West Beach Boulevard, Gulf Shores, AL, 36542

$449,900

2
2
1044 sq. ft.
87400 sq. ft.

Condo

30+ days on the market

What's around 113/507 West Beach Boulevard

About this property

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.

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