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  • $325,000

    507 W Beach Blvd #108, Gulf Shores, AL 36542

    1beds
    572sqft
    Condominium
    Built in 1982
    -- sqft lot
    $288,800 Zestimate®
    $568/sqft
    $1,221 Estimated rent

    Home value

    $288,800

    $269,000 - $309,000

    $1,221/mo

    Zestimate® history
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    What's special

    Introducing Unit 108 in Ocean Reef Condominiums, your perfect coastal retreat in Gulf Shores, Alabama. This condo is your gateway to the serene beauty of the Gulf Coast. As you step inside, you'll be greeted by an open and inviting living area that seamlessly connects to a well-appointed kitchen and dining space. This 1br/1ba condo is a Gulf front complex. This condo has been a rental workhorse for over 13 years. We are putting this moneymaker on the market, our loss is your cash flow! Modern 16x18 neutral ceramic floor tile, we have done many upgrades including fresh paint, black and stainless appliances and a new AC unit. The cozy bedroom features ample space, providing a comfortable sanctuary after a day of sun and sand. The bathroom is modern and convenient, with all the necessary amenities. This unit comes fully furnished, making it ready for your immediate enjoyment or to be used as an investment property. With a strong rental potential, it's an excellent opportunity to generate income when you're not using it yourself. Ocean Reef Condominiums provide a range of amenities, including an outdoor pool and a barbecue area. Ensuring that your time spent on the property is just as enjoyable as your days on the beach. This beach-side condo in the heart of Gulf Shores is within walking distance of stores and restaurants. Decor and furnishings transfer to the new owner to make this condo an immediate income producer. Assigned covered parking. This charming low-density complex offers approximately 45 units with 200' of white sandy beaches. The complex has one of the best tropical pool areas around. Whether you're seeking a vacation getaway, an investment property, or a permanent residence, Unit 108 in Ocean Reef Condominiums offers an incredible opportunity to own a slice of paradise in the heart of Gulf Shores, Alabama. Don't miss your chance to make this coastal haven your own.

    Zillow last checked:

    Listing updated:

    Listed by:

    Patrick Callahan PHONE:251-979-6557,

    MarMac Real Estate Coastal

    Bought with:

    Burke Real Estate Group

    Century 21 J Carter & Company

    Source: Baldwin Realtors,MLS#: 353956MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Electric
    Appliances
    • Included: Cooktop, Dishwasher
    Features
    • Termite Contract
    • Flooring: Tile
    • Windows: Window Treatments
    • Has fireplace: No
    • Fireplace features: No Fireplace
    Interior area
    • Total interior livable area: 572 sqft

    Property

    Parking
    • Parking features: Condo Covered Parking, Condo Assigned Parking
    Features
    • Stories: 1
    • Patio & porch: Covered Patio
    • Has view: Yes
    • View description: None/Not Applicable
    • Waterfront features: Gulf Access Less Than Or Equal To Quarter Mile
    • Body of water: Gulf Of Mexico / America
    Lot
    • Features: Other/See Remarks
    Details
    • Parcel number: 6604203000003.000908
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Condo
    • Property subtype: Condominium
    Materials
    • Roof: Composition Shingle
    Condition
    • Year built: 1982

    Utilities & green energy

    • Utilities for property: Baldwin EMC

    Community & HOA

    Community
    • Features: BBQ Area, Pets Renters Allowed
    • Subdivision: Ocean Reef
    HOA
    • Has HOA: Yes
    • Services included: Pool, Trash, Cable TV, Internet, Pest Control, Recreation Facilities, Water Sewer, Reserve Fund, Taxes Common Area, Common Area Insurance, Association Management, Common Area Maintenance
    • HOA fee: $364 monthly
    • HOA phone: 225-936-0520
    Location
    • Region: Gulf Shores

    Financial & listing details

    • Price per square foot: $568/sqft
    • Tax assessed value: $317,500
    • Annual tax amount: $2,117
    • Date on market: 11/4/2023
    • Ownership type: Condominium

    Price history

    DateEventPrice
    4/20/2026Listing removed$7,573$13/sqft
    Source: Zillow Rentals Report a problem
    4/18/2026Listed for rent$7,573$13/sqft
    Source: Zillow Rentals Report a problem
    4/24/2024Sold$325,000-0.8%$568/sqft
    Source: Baldwin Realtors #353956 Report a problem
    3/6/2024Pending sale$327,500$573/sqft
    Source: Baldwin Realtors #353956 Report a problem
    3/3/2024Price change$327,500-1.5%$573/sqft
    Source: Baldwin Realtors #353956 Report a problem
    11/4/2023Listed for sale$332,500-2.2%$581/sqft
    Source: Baldwin Realtors #353956 Report a problem
    8/12/2023Listing removed--
    Source: Strategic MLS Alliance #509565 Report a problem
    5/15/2023Price change$339,900-2.9%$594/sqft
    Source: Strategic MLS Alliance #509565 Report a problem
    2/11/2023Listed for sale$349,900+3.7%$612/sqft
    Source: Strategic MLS Alliance #509565 Report a problem
    2/10/2023Listing removed--
    Source: Owner Report a problem
    2/5/2023Listed for sale$337,500-2.1%$590/sqft
    Source: Owner Report a problem
    1/17/2023Listing removed--
    Source: Owner Report a problem
    1/8/2023Listed for sale$344,900-10.6%$603/sqft
    Source: Owner Report a problem
    8/21/2022Listing removed--
    Source: Owner Report a problem
    8/13/2022Price change$385,900-3.3%$675/sqft
    Source: Owner Report a problem
    8/1/2022Listed for sale$399,000+88.3%$698/sqft
    Source: Owner Report a problem
    8/17/2020Sold$211,900-2.6%$370/sqft
    Source: Baldwin Realtors #296000 Report a problem
    6/27/2020Listed for sale$217,500+193.7%$380/sqft
    Source: List With Freedom, Inc #296000 Report a problem
    5/14/2010Sold$74,050-22.1%$129/sqft
    Source: Public Record Report a problem
    10/20/2009Listing removed$95,000$166/sqft
    Source: Systems Engineering, Inc. #143795 Report a problem
    10/3/2009Price change$95,000-26.1%$166/sqft
    Source: Systems Engineering, Inc. #143795 Report a problem
    10/1/2009Listed for sale$128,600$225/sqft
    Source: Systems Engineering, Inc. #143795 Report a problem
    5/2/2009Listing removed$128,600$225/sqft
    Source: iHOUSEWeb Solutions, Inc #143795 Report a problem
    2/12/2009Price change$128,600-0.1%$225/sqft
    Source: Systems Engineering, Inc. #143795 Report a problem
    2/5/2009Price change$128,700-0.1%$225/sqft
    Source: Systems Engineering, Inc. #143795 Report a problem
    1/28/2009Price change$128,800-0.1%$225/sqft
    Source: Systems Engineering, Inc. #143795 Report a problem
    1/24/2009Listed for sale$128,900$225/sqft
    Source: Systems Engineering, Inc. #143795 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,117 +0.9%$63,500 +0.9%
    2024$2,098 +4.8%$62,920 +3.7%
    2023$2,002 $60,660 +24.8%
    2022-- $48,620 +18.1%
    2021$1,359 +16.1%$41,180 +16.1%
    2020$1,170 +8.8%$35,460 +8.8%
    2019$1,076 +18.7%$32,600 +18.7%
    2018$906 +11.6%$27,460 +11.6%
    2017$812 -3.1%$24,600 +16.3%
    2016$838 +15.7%$21,160 +8.8%
    2015$725 +15%$19,440 +6.2%
    2014$630 $18,300 +10.4%
    2013$630 $16,580 +15.9%
    2011-- $14,300 -3.9%
    2010-- $14,880 -42.7%
    2009$857 -12.6%$25,980 -12.6%
    2008$981 -5.5%$29,740 -5.5%
    2007$1,039 -27.5%$31,480 -27.5%
    2006$1,432 +100%$43,400 +100%
    2005$716 +23.9%$21,700 +23.9%
    2004$578 $17,520
    2003$578 +22.2%$17,520 +22.2%
    2002$473 +1.5%$14,340
    2001$466 $14,340
    2000$466 $14,340
    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
    $288,800
    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
    $288,800