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Active
    • $149,000

    500 Grant St APT B206, Daphne, AL 36526

    2beds
    873sqft
    : 
    $1,193/mo
    Get pre-qualified
    Condominium
    Built in 1983
    -- sqft lot
    $140,100 Zestimate®
    $171/sqft
    $250/mo HOA

    What's special

    Move-in ready
    INVESTOR OPPORTUNITY! Seven units are available for purchase together or separately, offering flexibility for investors looking to add to their portfolio or acquire a cash-flowing package. The seller would prefer a portfolio sale but will consider individual offers. The four occupied units are offered together for $572,000, with $63,700 in gross annual income, $41,392 NOI, and a 7.24% pro forma cap rate. These figures are based on historical performance and are provided for informational purposes only; future income, expenses, and returns are not guaranteed and may change. For reference, the individual MLS numbers for the four occupied units are: 395674, 395671, 395670, 395666. Seller will pay off the temporary HOA special assessment at closing. The remaining three units are vacant and move-in ready, with a $5,000 seller concession available toward closing costs or a 2-1 rate buydown. For reference, the individual MLS numbers for the three vacant units are: 395673, 395672, 395668. The seller is ready to make a deal! Call today for details, financials, or package options. Buyer to verify all information during due diligence.
    176 days
    42
    2

    Zillow last checked:

    Listing updated:

    Listed by:

    Evan Burns PHONE:251-600-5111,

    Roberts Brothers Inc. - Gulf Coast,

    James Ossler,

    Roberts Brothers Inc. - Gulf Coast

    Source: Baldwin Realtors,MLS#: 395666MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Electric
      Cooling
      • Electric
      Appliances
      • Included: Dryer, Washer, Dishwasher, Refrigerator
      Features
      • Flooring: Wood
      • Has fireplace: No
      • Fireplace features: No Fireplace
      Interior area
      • Total interior livable area: 873 sqft

      Property

      Parking
      • Parking features: Condo Assigned Parking
      Features
      • Stories: 1
      • Patio & porch: Covered Patio
      • Exterior features: Storage
      • Pool features: In Ground
      • Has view: Yes
      • View description: None/Not Applicable
      • Waterfront features: No Waterfront
      Lot
      • Features: Some Trees
      Details
      • Parcel number: 4303060003001.000.914
      • Special conditions: None

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Condo
      • Property subtype: Condominium
      Materials
      • Roof: Composition Shingle
      Condition
      • Year built: 1983
      Details
      • Warranty included: Yes

      Utilities & green energy

      • Utilities for property: Total Electric, Daphne Utilities, Riviera Utilities, Water Heater Electric

      Community & HOA

      Community
      • Features: None
      • Subdivision: Bay Forest
      HOA
      • Has HOA: Yes
      • Services included: Pool, Taxes Common Area, Common Area Insurance, Common Area Maintenance
      • HOA fee: $250 monthly
      • HOA name: Bay Forest
      • HOA phone: 251-259-0488
      Location
      • Region: Daphne

      Financial & listing details

      • Price per square foot: $171/sqft
      • Date on market: 4/24/2026
      • Ownership type: Condominium

        Estimated market value

        $140,100

        $133,000 - $147,000

        $1,279/mo

        Price history

        DateEventPrice
        4/24/2026Listed for sale$149,000+14.6%$171/sqft
        Source: Baldwin Realtors #395666 Report a problem
        5/22/2023Sold$130,000-10.9%$149/sqft
        Source: Baldwin Realtors #344238 Report a problem
        4/28/2023Price change$145,900-2.7%$167/sqft
        Source: GCMLS #7199468 Report a problem
        4/10/2023Listed for sale$149,900$172/sqft
        Source: GCMLS #7199468 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 36526

        Getting around

        51 / 100
        Somewhat Walkable
        56 / 100
        Bikeable

        Nearby schools

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