Nestled in Orange Beach, Alabama's idyllic Mariner Lakes community, this two-story, two-bedroom, two-and-a-half-bath condo embodies coastal comfort. As you enter the 1,132-square-foot space, you're immediately welcomed into a cozy living room, equipped with an electric fireplace and large flat-screen TV, which seamlessly transitions into a well-appointed galley-style kitchen. The adjacent dining area accommodates up to six guests and is further complemented by two bar stools. A conveniently located hallway near the staircase houses an owner's closet, a half bath, and a laundry nook complete with a stackable washer and dryer. The second floor features two ensuite bedrooms: the primary bedroom, boasting a king-size bed and a well-lit vanity area, offers views of the community pool, while the guest bedroom has a queen-size bed and overlooks the verdant Gulf State Park. Additional amenities include a spacious 19-foot deep garage, complete with a newly upgraded golf cart, a fully-stocked mini-fridge, multiple bicycles, and an abundance of beach gear. Recent updates for this unit include a new roof and exterior siding in 2021, New HVAC, and flooring, an upgraded golf cart, popcorn ceiling & and skylights removed and repainted??in May of 2022, and all new kitchen appliances as of June 2023. As an investment, this self-managed vacation rental has consistently generated significant income, earning $37,678 in 2021, $31,748 in 2022, and $33,795 so far in 2023. Mariner Lakes stands out as a serene and well-situated community, positioned directly across from the Gulf's emerald waters and pristine beaches, and bordered by some of the best walking and biking trails in the area. Furthermore, its strategic location ensures convenient access to your choice of dining, shopping, and entertainment options, making it both an ideal residence and a lucrative investment opportunity.
| Date | Price |
|---|---|
| -- | New Value: $355,000 |
| 8/30/2023 3:01:00 PM | New Value: $355,000 |
