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Off market
  • $367,300

    507 W Beach Blvd #302, Gulf Shores, AL 36542

    2beds
    720sqft
    Condo
    Built in 1982
    -- sqft lot
    $367,300 Zestimate®
    $510/sqft
    $1,431 Estimated rent

    Home value

    $367,300

    $342,000 - $393,000

    $1,431/mo

    Zestimate® history
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    $2,348/mo

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    What's special

    If you've ever dreamed of owning a piece of paradise, now is your chance! Ocean Reef #302 is a beautiful unit just steps away from the white sandy beaches and turquoise waters of the Gulf of Mexico. This unit has proven to be an excellent rental investment. The complex is beautifully landscaped with tropical surroundings and the outdoor pool is centrally located in the heart of the complex. The complex recently completed exterior renovations including new siding, fresh paint, new pool decking, and new roof in 2017/2018. The unit has a cool coastal dcor and is being sold furnished. Kitchen includes granite countertops and white cabinets to keep the interior light and bright. The dining area has a glass sliding door that leads out to a balcony overlooking the pool. This unit will not disappoint and will make the next owners very happy whether it be for investment or for personal use.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Appliances
    • Included: Dishwasher, Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Tile
    • Basement: None
    Interior area
    • Total interior livable area: 720 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off-street
    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 2.01 Acres
    Details
    • Parcel number: 6604203000003000922

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Foundation: Piling
    Condition
    • Year built: 1982

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $237 monthly
    Location
    • Region: Gulf Shores

    Financial & listing details

    • Price per square foot: $510/sqft
    • Tax assessed value: $455,400
    • Annual tax amount: $3,032

    Price history

    DateEventPrice
    3/7/2022Sold$365,000$507/sqft
    Source: Baldwin Realtors #325131 Report a problem
    1/26/2022Pending sale$365,000$507/sqft
    Source: Baldwin Realtors #325131 Report a problem
    1/20/2022Listed for sale$365,000+15.9%$507/sqft
    Source: Baldwin Realtors #325131 Report a problem
    7/30/2021Sold$315,000$438/sqft
    Source: Baldwin Realtors #315832 Report a problem
    6/24/2021Pending sale$315,000$438/sqft
    Source: Baldwin Realtors #315832 Report a problem
    6/18/2021Listed for sale$315,000$438/sqft
    Source: Baldwin Realtors #315832 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,032 +0.9%$91,080
    2024$3,006 +18.4%$91,080 +18.4%
    2023$2,539 $76,940 +29.1%
    2022-- $59,620 +114.9%
    2021$796 +7%$27,740 +23.1%
    2020$744 +8%$22,540 +8%
    2019$689 +16%$20,880 +16%
    2018$594 +16.3%$18,000 +16.3%
    2017$511 $15,480 +19.4%
    2016$511 +19.4%$12,960
    2015$428 +12.5%$12,960 +12.5%
    2014$380 $11,520 +10.3%
    2013$380 $10,440 +3.6%
    2011-- $10,080 -3.4%
    2010-- $10,440 -34.5%
    2009$526 -13.3%$15,940 -13.3%
    2008$607 -32.9%$18,380 -32.9%
    2007$904 -51.5%$27,400 -3%
    2006$1,865 +99.9%$28,260 +103.3%
    2005$933 +103.3%$13,900
    2004$459 $13,900
    2003$459 +65.1%$13,900 +65.1%
    2002$278 +1.5%$8,420
    2001$274 $8,420
    2000$274 $8,420
    Find assessor info on the county website

    Neighborhood: 36542

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $367,300
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    Estimated market value
    $367,300