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507 W Beach Blvd , #102

Gulf Shores, AL 36542
  • $340,000
  • STATUS: Active
  • ON SITE: 204 Days
  • MLS #: 663243
Price Reduced
UPDATED: 78 min ago
$340,000
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 572
    SQFT
  • $594
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1982
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Proven Income Producer! BRAND NEW AC installed 7/10/25! Seller to pay 6 months of HOA with accepted offer! LOW-DOWN-PMT SELLER FINANCING AVAILABLE! 2025 assessment PAID In FULL! These are amazing buyer incentives, don't miss out! Looking for a real estate investment? Gross 2024 rental was nearly $39,000 through Airbnb and VRBO combined and 2025 is on track for same. Ocean Reef is a low-density beachside building right in the heart of Gulf Shores. You are close to all the action, only 1/4 mile from Hangout, making this an ideal location for rental, with the added benefit of one assigned parking space plus guest spots. This unit features ceramic tile in living spaces, carpet in the bedroom, and fresh paint on the walls. Unit is being sold furnished with updated furniture and appliances. Enjoy the BBQ grill area and landscaped pool area with recently installed new decking on front and back decks, or take a few steps right out to beautiful white sand and emerald Gulf water.

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© 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated: 2025-11-16T17:54:22.143.
www.perdidokeypropertysearch.com/homes/162989312
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507 W Beach Blvd , #102 Gulf Shores, AL 36542

  • Price: $340,000
  • Status: Active
  • On Site: 204 Days
  • Updated: 78 min ago
  • MLS #: 663243
1
Beds
1
Baths
0
½ Baths
N/A
Acres
572
SQFT
$594
$/SQFT
1982
Built
Neighborhood:
None
County:
Baldwin
Area:
Gulf Shores
Elementary School:
Local School In County
Middle School:
Local School In County
High School:
Local School In County
Property Description
Proven Income Producer! BRAND NEW AC installed 7/10/25! Seller to pay 6 months of HOA with accepted offer! LOW-DOWN-PMT SELLER FINANCING AVAILABLE! 2025 assessment PAID In FULL! These are amazing buyer incentives, don't miss out! Looking for a real estate investment? Gross 2024 rental was nearly $39,000 through Airbnb and VRBO combined and 2025 is on track for same. Ocean Reef is a low-density beachside building right in the heart of Gulf Shores. You are close to all the action, only 1/4 mile from Hangout, making this an ideal location for rental, with the added benefit of one assigned parking space plus guest spots. This unit features ceramic tile in living spaces, carpet in the bedroom, and fresh paint on the walls. Unit is being sold furnished with updated furniture and appliances. Enjoy the BBQ grill area and landscaped pool area with recently installed new decking on front and back decks, or take a few steps right out to beautiful white sand and emerald Gulf water.
Exterior Features

Architectural Style Traditional Carport YN No Construction Materials Frame Exterior Features BalconyBarbecue Foundation Details Pillar/Post/Pier Garage YN No Levels One Parking Features CoveredGuest Patio And Porch Features Covered Pool Features In Ground Roof Composition Waterfront Features GulfWaterfrontBeach AccessDeed Access Waterfront YN Yes

Interior Features

Appliances Electric Water HeaterDishwasherRefrigerator Cooling Central AirCeiling Fan(s) Cooling YN Yes Flooring TileCarpet Heating Central Heating YN Yes Laundry Features Common Area Room Bathroom Level First Room Dining Room Features Kitchen/Dining Combo Room Kitchen Features Updated Room Kitchen Level First Window Features BlindsDrapes

Property Features

Association Fee 3420 Association Fee Frequency Annually Association Fee Includes AssociationMaintenanceManagementPest ControlTrashWater/Sewer Association YN Yes Building Area Total 572 Building Name Ocean Reef Community Features BeachPicnic Area Electric Circuit BreakersCopper Wiring Green Energy Efficient Heat PumpThermal Treated Homestead No Horse YN No Listing Agreement Exclusive Right To Sell New Construction YN No Pets Allowed Yes Possession Close Of Escrow Property Condition Resale Property Sub Type Condo Rent Restrictions No Road Responsibility Public Maintained Road Sale Rent For Sale Sale Subject To Lease No Sewer Public Sewer Water Source Public Zoning Description Res Single

Listing provided by Levin Rinke Realty: 850-916-5050.


© 2025 by the Multiple Listing Service of the Pensacola Association of REALTORS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the Pensacola Association of REALTORS®. Florida recognizes single and transaction agency relationships. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. Data last updated: 2025-11-16T17:54:22.143.
 
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The Kathy Justice Team - Levin Rinke Realty
14112 Perdido Key Dr
Perdido Key FL, 32507