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  • $630,000

    487 1st Ave E #C, Gulf Shores, AL 36542

    2beds
    1,438sqft
    Single Family Residence
    Built in 2017
    -- sqft lot
    $635,500 Zestimate®
    $438/sqft
    $2,416 Estimated rent

    Home value

    $635,500

    $591,000 - $680,000

    $2,416/mo

    Zestimate® history
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    $3,937/mo

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    What's special

    Swimming poolAll-new furnitureDeeded beach accessPrivate locationStunning beach cottageWhite-washed wood wallsCovered parking
    UNBELIEVABLE DEAL – PRICED TO SELL!FULLY RENOVATED BEACH COTTAGE – DEEDED BEACH ACCESS! This is a rare opportunity to own a turn-key, high-income rental property in the heart of Gulf Shores. Located directly across from the Gulf of Mexico, this stunning beach cottage includes DEEDED BEACH ACCESS with a street light for safe crossing, giving you quick and easy access to the sugar-white sands.Rental Machine – Sleeps 8!This spacious 2-bedroom, 3-bathroom coastal retreat is designed for both comfort and maximum rental income. The two large bedrooms feature one king bed and two queen beds, each with its own en-suite bath. The main floor boasts a large living area, separate dining space, a fully equipped kitchen with granite countertops and an island, plus a full bath for extra guests. The sofa sleeper adds additional accommodations. Property Highlights: DEEDED BEACH ACCESS with Safe Street Crossing All-New Furniture – Fully Furnished & Rent-Ready White-Washed Wood Walls and Plank Tile Floors Granite Countertops Throughout + Full-Size Washer/Dryer Covered Parking and Ample Storage Swimming Pool and Private Location Walking Distance to The Beach, The Hangout, Dining, Shopping, and Entertainment This chic beach cottage is turn-key and ready to generate income or become your perfect coastal escape. Buyers & Buyer’s Agent to verify all measurements. Buyer to verify all information during due diligence.

    Zillow last checked:

    Listing updated:

    Listed by:

    Heather W Harp PHONE:251-533-6677,

    RE/MAX of Orange Beach

    Bought with:

    Tommy Stanton, 97921

    EXIT Realty Orange Beach

    Source: Baldwin Realtors,MLS#: 374679MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Electric
    Appliances
    • Included: Dryer, Washer, Cooktop, Dishwasher
    Features
    • En Suite, Internet, Ceiling Fan(s)
    • Flooring: Luxury Vinyl Plank
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,438 sqft

    Property

    Parking
    • Parking features: Attached, Three Or More Vehicles
    Features
    • Stories: 2
    • Has view: Yes
    • View description: Indirect Gulf Across Road
    • Waterfront features: Gulf Access Less Than Or Equal To Quarter Mile, Beach Access Less Than Or Equal To Quarter Mile
    Lot
    • Features: Less Than 1 Acre
    Details
    • Parcel number: 371503
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Roof: Metal
    Condition
    • Year built: 2017

    Utilities & green energy

    • Utilities for property: Baldwin EMC, Gulf Shores Utilities

    Community & HOA

    Community
    • Features: Pets Owners Only
    • Subdivision: Cottages At Romeo Beach
    HOA
    • Has HOA: Yes
    • Services included: Pool, Trash, Internet, Water Sewer, Common Area Insurance, Association Management, Common Area Maintenance
    • HOA fee: $325 monthly
    • HOA phone: 404-538-3005
    Location
    • Region: Gulf Shores

    Financial & listing details

    • Price per square foot: $438/sqft
    • Tax assessed value: $782,000
    • Annual tax amount: $4,982
    • Date on market: 2/25/2025
    • Ownership type: Whole Full

    Price history

    DateEventPrice
    4/7/2025Sold$630,000-5.8%$438/sqft
    Source: Baldwin Realtors #374679 Report a problem
    3/10/2025Pending sale$669,000$465/sqft
    Source: Baldwin Realtors #374679 Report a problem
    2/25/2025Listed for sale$669,000+21.6%$465/sqft
    Source: Baldwin Realtors #374679 Report a problem
    5/28/2021Sold$550,000$382/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,982 +7%$150,960 +7%
    2024$4,656 +5.8%$141,100 +5.8%
    2023$4,400 $133,320 +47.5%
    2022-- $90,400 +12.2%
    2021$2,639 +2.5%$80,540 +3.3%
    2020$2,574 +18.8%$78,000 +18.8%
    2019$2,166 $65,640
    2018$2,166 $65,640
    Find assessor info on the county website

    Neighborhood: 36542

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gulf Shores Elementary
    • Middle: Gulf Shores Middle
    • High: Gulf Shores High

    Source: Baldwin Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $635,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $635,500