2 months on rocket

6194 State Highway 59 Unit K3, Gulf Shores, AL, 36542

$262,000

Home List Price

$3,111*

Closing Credit

3 Bedrooms
2 Full Baths
1,285 SqFt
$204/SqFt
Condo

Location

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6194 State Highway 59 Unit K3, Gulf Shores$262,000

Buyer Closing Credits

$3,111*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built2006
HeatingElectric
CoolingCentral Air, Ceiling Fan(s)
WaterfrontPond
FireplaceElectric, Living Room
ViewOther
MLS #368542
StatusActive

About 6194 State Highway 59 Unit K3

Fabulous investment opportunity in Gulf Shores! The Colony Club is a gated community conveniently located next to ONE Golf Course, the Gulf Coast Zoo, and just a little over 4 miles from the beach. The complex has ample amenities including ponds, tennis courts, and an outdoor pool & hot tub. There is also onsite trailer storage for $50 a month. Unit K3 is a second floor unit on the south side of the complex. Which over looks the pond and tennis courts offering serene views from the wrap-around balcony and all three bedrooms. The neighboring unit, K4, is also for sale. Both units have impressive rental history and brought in around $60k in rental revenue in 2023. This turnkey unit is sold fully furnished and ready for new owners! Buyer to verify all information during due diligence.

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Stories: 1
  • Living Area: 1,285 SqFt

Listing Office:

  • Office Name: Dodson Real Estate Group, LLC
  • Office Phone: (251) 533-9404
  • Listing Agent: Martha Massey

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Flooring Type: Carpet, Tile
  • Interior: Ceiling Fan(s), En-Suite
  • Fireplace: Electric, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Pond
  • View: Other
  • Exterior: Balcony

Parking Information:

  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: The main entrance of Colony Club is on the east of State Highway 59, in between County Road 6 and 8 in Gulf Shores. There's also a gated entrance on Oak Road East/Co Rd 6. from front entrance, drive past the front pond, turn right, then left, and right again to the end. Building K will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $262,000
  • Price Per SqFt: $204/SqFt

HOA Fees:

  • Amount: $442
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$474K

Med. Price/SqFt

$315

Avg. Days On Market

16

# of Sold Homes

50

6194 State Highway 59 Unit K3 vs Gulf Shores

82 DAYS ON ROCKET

+66 Days

$262,000

-$212K Less

$204/SqFt

-$111 Less

KEY TAKEAWAY

This property is $212K less than the Median Sold Price and $111/SqFt less 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: #368542

Listing Office:

  • Office Name: Dodson Real Estate Group, LLC
  • Office Phone: (251) 533-9404
  • Listing Agent: Martha Massey

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: 12/18/2024, 10:21:01 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

$1,817

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$852

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-111748
5
/10
  • Swift Elementary School

  • 6330 Bon Secour Hwy

  • 3.01 miles

  • Public District Grades KG-6

school-card-donut-111749
9
/10
  • Gulf Shores Elementary School

  • 1600 E 3rd St

  • 3.08 miles

  • Public District Grades PK-5

school-card-donut-111750
3
/10
  • Florence B. Mathis Elementary School

  • 600 W 9th Ave

  • 5.08 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,795. Residents of Gulf Shores, AL typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living 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 6194 State Highway 59 Unit K3

What is the listing price of this property?

The listing price of 6194 State Highway 59 Unit K3 property is $262,000.

What type of property is this?

The property 6194 State Highway 59 Unit K3 is a condo located in Gulf Shores, Alabama, 36542.

Is this property for sale now?

Active Listing: 6194 State Highway 59 Unit K3 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 6194 State Highway 59 Unit K3 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 6194 State Highway 59 Unit K3 is 1,285 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6194 State Highway 59 Unit K3 is 2006.

Rocket HomesAlabamaBaldwin CountyGulf Shores365426194 State Highway 59 Unit K3

This home is located at 6194 State Highway 59 Unit K3 in Gulf Shores, AL and zip code 36542. This 1,285 square foot home was built in 2006. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $262,000.

In November 2024, from all listings sold in Gulf Shores, AL there were more than 1 sold above asking price, over 39 sold below and more than 5 were sold right at the asked price. In November 2024 in Gulf Shores, AL there were 6.1% more homes for sale than in October 2024. Listings spent 16 days on the market in November 2024, and had a median list price of $474,083 during the same period.

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

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