$474,900

507 W Beach Boulevard 204, Gulf Shores, AL 36542

3 beds |
2 baths |
987 sqft

Condominium
Built in 1982
—— sqft lot
—— car garage
$481/sqft
Listed 1 month ago

Property Description

Exceptional investment opportunity in the heart of Gulf Shores! Don’t miss out on this fully-furnished, turnkey condo with proven rental success—earning over $70k in both 2024 and 2025 for consistently high revenue! Perfectly set up as a short-term rental or second home, this Gulf-front unit offers immediate income potential. All stylish furnishings and decor will convey, ensuring a seamless transition for new owners. Ocean Reef is a sought-after, Gulf-front complex located just steps away from popular restaurants and attractions, including the iconic Hangout Restaurant. Enjoy stunning Gulf views from the guest room balconies and relax by the well-maintained pool and common areas. With two assigned parking spaces, you’ll never have to worry about finding parking during peak season, a major bonus in this prime location. Whether you’re seeking a lucrative rental investment or a wonderful beach getaway, this condo offers everything you’ve been looking for at unbeatable price. Schedule your showing today with your favorite agent and seize this incredible opportunity! Buyer to verify all information during due diligence.

Listing Status:: Active
Data Last Updated:: March 5, 2026 at 8:45PM
Listing Office:: EXP REALTY,LLC : 888-923-5547
Listing Agent:: Jonathan Lazzarino : 832-914-5012
MLS ID:: 390301

General: Ceiling Fan(s)
Master Bedroom: Second
Master Bath: Double VanityTub/Shower Combo
Appliances: DishwasherDisposalMicrowaveElectric RangeRefrigerator w/Ice MakerWasher/Dryer Stacked
Laundry: Common Area
Flooring: TileLuxury Vinyl Plank
A/C: Central Electric (Cool)
Heating: ElectricCentral
Fireplace: Fireplaces: 0

Pool: CommunityAssociation
Parking: Assigned

General: Concrete BoardTwoPilings

HOA Amenities: Association ManagementCable TVCommon Area InsuranceMaintenance GroundsPest ControlTaxes-Common AreaTrashWater/SewerInternetPool529.0Monthly
Golf: Pool - Outdoor
Originating MLS: Baldwin County
County: Baldwin

Zoning: UNIT 204 OCEAN REEF CONDO IN THECITY OF GULF SHORES SEC 20- T9S-R4E (WD SURVIVORSHIP)6604203000003.000.920
View: Indirect Gulf SideView

Utilities: Cable ConnectedBaldwin EMC

Source: Baldwin County
Ownership: Condominium

This listing courtesy of Jonathan Lazzarino , EXP REALTY,LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Gulf Shores Elementary School

1600 E 3rd St, Gulf Shores, AL, 36542

Grades PK-5

1.80 miles away

Gulf Shores Middle School

450 E 15th Ave, Gulf Shores, AL, 36542

Grades 6-8

1.84 miles away

Gulf Shores High School

600 E 15th Ave, Gulf Shores, AL, 36542

Grades 9-12

1.96 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.