8 months on rocket

507 W Beach Blvd Unit 115, Gulf Shores, AL, 36542

$439,000

Home List Price

$5,213*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
964 SqFt
$455/SqFt
Condo

Location

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507 W Beach Blvd Unit 115, Gulf Shores$439,000

Buyer Closing Credits

$5,213*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered
Year Built1982
CoolingCentral Air, Ceiling Fan(s)
WaterfrontBeach, Deeded Access, Gulf
MLS #358765
Lot Size2.01 Acres
StatusActive

About 507 W Beach Blvd Unit 115

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. Primary bedroom on main floor and loft style 2nd bedroom with 1/2 bath on 2nd floor. Customized with vinyl plank flooring, granite counter tops, stainless steel appliances, and more. 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. This is a great opportunity to own an investment property or vacation home on Alabama's Gulf Coast! Buyer to verify all information during due diligence.

Property Details

Property Features

Property Information:

  • Year Built: 1982
  • Stories: 2
  • Living Area: 964 SqFt

Listing Office:

  • Office Name: Dolphin Cove Realty LLC
  • Office Phone: (251) 228-0633
  • Listing Agent: Mitch Holliman

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Flooring Type: Carpet, Vinyl
  • Interior: Ceiling Fan(s), Internet

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Beach, Deeded Access, Gulf
  • Exterior: Porch, None

Parking Information:

  • Parking: Assigned, Covered

Lot Features

Lot Information:

  • Lot Size: 2.01 Acres

Utilities

Utilities Information:

  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Hwy-59 at The Hangout, turn right on West Beach Blvd. Ocean Reef is approximately 1/2 mile on the beach side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $439,000
  • Price Per SqFt: $455/SqFt

HOA Fees:

  • Amount: $400
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Gulf Shores, AL.

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Gulf Shores, AL

City

Med. Sold Price

$473.1K

Med. Price/SqFt

$310

Avg. Days On Market

3

# of Sold Homes

77

507 W Beach Blvd Unit 115 vs Gulf Shores

261 DAYS ON ROCKET

+258 Days

$439,000

-$34.1K Less

$455/SqFt

+$144 More

KEY TAKEAWAY

This property is $34.1K less than the Median Sold Price and $144/SqFt more than other homes in Gulf Shores, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Baldwin County
  • MLS Number: #358765

Listing Office:

  • Office Name: Dolphin Cove Realty LLC
  • Office Phone: (251) 228-0633
  • Listing Agent: Mitch Holliman

IDX Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,659

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,383

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-462215
9
/10

  • Gulf Shores Elementary School

  • 1600 E 3rd St

  • 1.87 miles

  • Public District Grades PK-5

school-card-donut-462216
5
/10

  • Swift Elementary School

  • 6330 Bon Secour Hwy

  • 5.18 miles

  • Public District Grades KG-6

school-card-donut-462217
3
/10

  • Florence B. Mathis Elementary School

  • 600 W 9th Ave

  • 9.63 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,303. The most common annual income of people living in Gulf Shores, AL is between $35k-100k. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Gulf Shores, AL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Gulf Shores, AL.

Gulf Shores offers a diverse array of housing options, with a significant portion of the market dedicated to single-family homes that exhibit a blend of coastal cottage, Mediterranean, and contemporary architectural styles. Condominiums and townhouses are also prevalent, particularly in areas closer to the beach, catering to those seeking a vacation home or investment property. The housing market is dynamic, with new developments and renovations reflecting the area's growth as a desirable coastal destination.

What is it like to live in Gulf Shores, AL?

Gulf Shores is celebrated for its laid-back beach town atmosphere and strong sense of community. The area prides itself on its pristine white sandy beaches and outdoor recreational activities, including the annual Shrimp Festival, which draws visitors and locals alike. The community is also known for its commitment to preserving natural habitats, with several wildlife reserves and state parks that offer a tranquil escape from the more developed areas.

Is it easy to get around Gulf Shores, AL without a car?

The community is served by a number of public schools, offering educational opportunities from elementary to high school levels, as well as private institutions that cater to various educational needs. Healthcare services are accessible, with facilities providing urgent care, primary care, and specialized medical services. The local library system supports lifelong learning with a range of programs and resources. Retail and dining options are abundant, with many establishments showcasing local seafood and southern cuisine, reflecting the Gulf Shores culture.

Transportation in Gulf Shores, AL.

Transportation in Gulf Shores includes a mix of private and public options. The Baldwin Regional Area Transit System (BRATS) provides public bus services catering to residents and tourists, with schedules that accommodate peak beach-going times. Ride-sharing services are available, enhancing mobility for those without personal vehicles. The area is bike-friendly, with several trails and dedicated lanes. Major roadways such as State Highway 59 and the Beach Express facilitate travel and commuting, with ongoing improvements to manage the growing traffic demands.

Frequently Asked Questions About 507 W Beach Blvd Unit 115

What is the listing price of this property?

The listing price of 507 W Beach Blvd Unit 115 property is $439,000.

What type of property is this?

The property 507 W Beach Blvd Unit 115 is a condo located in Gulf Shores, Alabama, 36542.

Is this property for sale now?

Active Listing: 507 W Beach Blvd Unit 115 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 507 W Beach Blvd Unit 115 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 507 W Beach Blvd Unit 115 is 964 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 507 W Beach Blvd Unit 115 is 1982.

Rocket Homes›Alabama›Baldwin County›Gulf Shores›36542›507 W Beach Blvd Unit 115

This home is located at 507 W Beach Blvd Unit 115 in Gulf Shores, AL and zip code 36542. This 964 square foot home, which was built in 1982, sits on a 2.01 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $439,000.

While more than 2 listings in Gulf Shores, AL in October 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 59 were sold below. The inventory of homes for sale in Gulf Shores, AL between September 2024 and October 2024 increased by 9.9%. While the average time on the market in October 2024 was 3 days, the median list price was $473,151.

From Rocket Homes Real Estate and based on county public records data.

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