507 W Beach Blvd #115 $459,000

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    507 W Beach Blvd #115 Gulf Shores, AL 36542

    • 1 Beds
    • 2 Baths
    • 964 sq. ft.
    • Condo/Townhouse
    • MLS# 334349
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    Views: 12 Days On Site: 19

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    Property Details

    GREAT INCOME POTENTIAL! Ocean Reef #115 is walking distance to all of the main attractions, beaches, restaurants, and local shopping Gulf Shores has to offer. This 1BR/1.5BA with a loft has vinyl plank flooring, granite counter tops, stainless steel appliances, and more. The loft area has two full size beds. This low-density, 45-unit building boasts 200 ft of deeded beach access, a tropical landscaped pool area, charcoal grills and on-site laundry facilities. Assigned, covered parking space include. HOA constructing a new Ocean Reef backlit sign! This is a great opportunity to own an investment property or vacation home on Alabama's Gulf Coast!

    • General Features
      • Area Gulf Shores 1
      • Association Fees 400
      • County Baldwin
      • Property Type Residential Attached
      • Terms of Sale Cash, Conventional
      • Year Built 1982
    • Building Features
      • Apx Living Area 964
      • Appliances Dishwasher, Microwave, Range-Electric, Refrigerator
      • Furnished Yes
      • Floors Carpet, Vinyl
      • Exterior Finish Wood
      • Energy Saving Features Ceiling Fan(s)
      • Construction Foundation Pilings
      • Condo Complex Ocean Reef
      • Condo Building Stories 2
      • Bedrooms 1
      • Community Amenities BBQ Area, Landscaping, Pool - Outdoor
      • Boat Facilities None
      • Full Bathrooms 1
      • Style Condo
      • Property Interior Stories 2
      • Property Amenities Ceiling Fan(s), Internet, Split Bedroom Plan
      • Master Bedroom Level 2
      • Master Bedroom Dimensions 12x11
      • Heat Cooling Central Electric (Cool)
      • Half Bathrooms 1
    • Room Features
      • Kitchen Level Main Level
      • Kitchen Dimensions 9x9
      • Bedroom 2 Level 2
      • Bedroom 2 Dimensions 20x12
    • Property Features
      • Water Property Type Deeded Access

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    Neighborhood

    36542 (Gulf Shores) Demographics

    51 Median Age
    198 Population Density (per sq. mile)
    42% College Educated
    $52,214 Estimated Median Income
    4,468 Estimated Total Home Owners
    2,808 Estimated Total Renters
    61% / 39% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    14,937 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $410,543 Median Sales Price
    117 Homes Sold
    129 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $459,000
        7/26/2022 1:13:00 PM New in Database Source: Multiple Listing Service New Value: $459,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Baldwin REALTORS® Association. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.