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Julie Grice

julie.grice@engelvoelkers.com +1(251) 593-3333

$ 350,000

Est. payment -/mo

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Active

1027 W Beach Blvd #108 Gulf Shores, AL 36542

2 Beds

1 Bath

840 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Residential Attached

Listing Status Active

Purchase Type For Sale

Square Footage 840 sqft

Price per Sqft $416

Subdivision Gulf Village

MLS Listing ID 407392

Style Condo

Bedrooms 2

Full Baths 1

Construction Status Resale

HOA Fees $675/mo

HOA Y/N Yes

Rental Info Yes

Year Built 1984

Property Sub-Type Residential Attached

Source Baldwin County

Property Description

This property is projected to deliver a 15% gross ROI and a 20% cash-on-cash return, with a potential Year-1 gross rental projection of 50K dollars and year 1 cost segregation tax benefit of approximately $60,000.Tucked into one of West Beach's most established communities, this coastal 2-bedroom, 1-bath condo puts you steps from the Gulf without the direct-beachfront price tag. From the patio, you can see and hear the waves rolling in. Gulf Village is a well-known beachfront community offering deeded lagoon access, a fishing pier, grilling areas, and two community pools. Inside, the unit has been updated with solid surface countertops, a remodeled bathroom, and wide plank LVP flooring throughout.

Projections based on comparable rental performance and AirDNA data; individual results will vary. Buyer and buyer's agent to independently verify all information deemed important, including square footage, HOA fees, rental projections, and tax benefit estimates. Buyer to verify all information during due diligence.

Location

State AL

County Baldwin

Interior

Interior Features Ceiling Fan(s)

Heating Electric

Cooling Electric

Fireplace No

Appliance Dishwasher, Refrigerator, Electric Range

Heat Source Electric

Exterior

Parking Features Condo Lot Parking, Condo Covered Parking

Community Features BBQ Area, Landscaping, Fishing Pier, Pets Allowed, Private Security

Utilities Available Cable TV, Water City, Sewage City, Total Electric, Water Heater Electric

Waterfront Description Deeded Access,Gulf Access Less Than Or Equal To Quarter Mile,Lagoon Access Less Than Or Equal To Quarter Mile

View Y/N Yes

View Indirect Gulf Side

Roof Type Composition Shingle

Building

Story 4

Entry Level 1

Architectural Style Condo

Construction Status Resale

Schools

Elementary Schools Gulf Shores Elementary

Middle Schools Gulf Shores Middle

High Schools Gulf Shores High

Others

HOA Fee Include Trash,Cable TV,Pest Control,Recreation Facilities,Water Sewer,Reserve Funds,Taxes Common Area,Common Area Insurance,Association Management,Common Area Maintenance

Special Listing Condition None

Listed by eXp Realty, LLC

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Julie Grice

Advisor | License ID: 115554

+1(251) 593-3333

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