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    • $474,900

    507 W Beach Blvd #204, Gulf Shores, AL 36542

    3beds
    987sqft
    Condominium
    Built in 1982
    -- sqft lot
    $476,400 Zestimate®
    $481/sqft
    $2,013 Estimated rent

    Home value

    $476,400

    $453,000 - $500,000

    $2,013/mo

    Zestimate® history
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    What's special

    Fully-furnished turnkey condoStylish furnishings and decorGulf-front unitTwo assigned parking spaces
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Lazzarino PHONE:832-914-5012,

    eXp Realty, LLC

    Bought with:

    Stephen Mobley, 136057

    Brett R/E Robinson Dev OB

    Source: Baldwin Realtors,MLS#: 390301MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric
    Cooling
    • Electric
    Appliances
    • Included: Disposal, Microwave, Dishwasher
    Features
    • Ceiling Fan(s)
    • Flooring: Tile, Luxury Vinyl Plank
    • Has fireplace: No
    • Furnished: Yes
    Interior area
    • Total interior livable area: 987 sqft

    Property

    Parking
    • Parking features: Condo Assigned Parking
    Features
    • Stories: 2
    • Patio & porch: Porch Open, Covered Patio
    • Has view: Yes
    • View description: Indirect Gulf Side
    • Waterfront features: Beach Side Building, Gulf Front Building, Gulf Access Less Than Or Equal To Quarter Mile, Beach Access Less Than Or Equal To Quarter Mile
    • Body of water: Gulf Of Mexico / America
    Details
    • Parcel number: 6604203000003.000.920
    • Special conditions: None

    Construction

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

    Utilities & green energy

    • Utilities for property: Baldwin EMC, Cable

    Community & HOA

    Community
    • Features: Laundry Facilities
    • Security: Smoke Detector(s)
    • Subdivision: Ocean Reef
    HOA
    • Has HOA: Yes
    • Services included: Pool, Trash, Cable TV, Internet, Pest Control, Water Sewer, Taxes Common Area, Common Area Insurance, Association Management, Common Area Maintenance
    • HOA fee: $529 monthly
    • HOA phone: 334-240-7573
    Location
    • Region: Gulf Shores

    Financial & listing details

    • Price per square foot: $481/sqft
    • Tax assessed value: $564,600
    • Annual tax amount: $3,726
    • Date on market: 1/14/2026
    • Ownership type: Condominium

    Price history

    DateEventPrice
    4/9/2026Sold$474,900$481/sqft
    Source: Baldwin Realtors #390301 Report a problem
    3/11/2026Pending sale$474,900$481/sqft
    Source: Baldwin Realtors #390301 Report a problem
    1/15/2026Listed for sale$474,900-11.2%$481/sqft
    Source: Baldwin Realtors #390301 Report a problem
    3/5/2025Listing removed$534,900$542/sqft
    Source: Baldwin Realtors #370873 Report a problem
    2/17/2025Price change$534,900-2.6%$542/sqft
    Source: Baldwin Realtors #370873 Report a problem
    12/14/2024Price change$548,900-0.2%$556/sqft
    Source: Baldwin Realtors #370873 Report a problem
    11/23/2024Listed for sale$549,900+25%$557/sqft
    Source: Baldwin Realtors #370873 Report a problem
    12/20/2021Sold$440,000-1%$446/sqft
    Source: Baldwin Realtors #315957 Report a problem
    10/5/2021Pending sale$444,500$450/sqft
    Source: Baldwin Realtors #315957 Report a problem
    9/9/2021Price change$444,500-1.2%$450/sqft
    Source: Baldwin Realtors #315957 Report a problem
    7/29/2021Price change$450,000-1.1%$456/sqft
    Source: Baldwin Realtors #315957 Report a problem
    7/3/2021Price change$455,000-2.2%$461/sqft
    Source: Baldwin Realtors #315957 Report a problem
    6/22/2021Listed for sale$465,000+212.1%$471/sqft
    Source: Baldwin Realtors #315957 Report a problem
    8/4/2011Listing removed$149,000$151/sqft
    Source: Swiger & Company Realtors #178078 Report a problem
    7/22/2011Listed for sale$149,000$151/sqft
    Source: Swiger & Company Realtors #178078 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,726 +1%$112,920 +1%
    2024$3,690 +27.5%$111,820 +27.5%
    2023$2,895 $87,720 +0.1%
    2022-- $87,640 +32.1%
    2021$1,824 $66,320 +34.4%
    2020-- $49,360 +4.2%
    2019$1,564 +11.6%$47,380 +11.6%
    2018$1,401 +19.4%$42,440 +19.4%
    2017$1,173 -3.7%$35,540 +5.9%
    2016$1,218 +5.7%$33,560
    2015$1,153 +18%$33,560 +18.9%
    2014$977 $28,220 +10%
    2013$977 $25,660 +4%
    2011-- $24,680 -3.8%
    2010-- $25,660 -39.5%
    2009$1,400 -14.1%$42,420 -14.1%
    2008$1,629 -15%$49,360 -15%
    2007$1,916 -27.6%$58,060 -27.6%
    2006$2,645 +100%$80,160 +372.1%
    2005$1,323 +136%$16,980
    2004$560 $16,980
    2003$560 +45.1%$16,980 +45.1%
    2002$386 +1.5%$11,700
    2001$380 -50%$11,700 -50%
    2000$761 $23,400
    Find assessor info on the county website

    Neighborhood: 36542

    Nearby homes

    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
    $476,400
    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
    $476,400

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