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  • $529,000

    507 W Beach Blvd #504, Gulf Shores, AL 36542

    3beds
    987sqft
    : 
    $3,715/mo
    Get pre-qualified
    Condominium, Residential
    Built in 1982
    -- sqft lot
    $-- Zestimate®
    $536/sqft
    $581/mo HOA

    What's special

    New furnitureNew tvsMetal roofFresh paintFresh modern interiorLow-density complexStainless steel appliances
    Turnkey Gulf-Side Rental Machine!Welcome to Ocean Reef, where luxury meets location! This completely remodeled 3BR/2BA townhouse-style retreat is the ultimate investment property, vacation home, or both. With an impressive steady rental history, nice future bookings, this unit sleeps 9, and is built for maximum ROI.Step inside to a fresh, modern interior—recently renovated with new flooring, brand new hvac in June 2025, granite countertops, stainless steel appliances, fresh paint, new TVs, new furniture, updated interiors, and NO popcorn ceilings—all designed for style and comfort. The larger private primary suite is a true sanctuary, while front and rear decks let you soak up the salty breeze.Outside, your private pool courtyard offers a serene escape just steps from the Gulf. The low-density complex features a concrete board exterior, metal roof, and NO damage from Hurricane Sally, ensuring peace of mind. Plus, enjoy assigned covered parking and an unbeatable location—less than ½ mile from The Hangout, top restaurants, and shopping.This beachside beauty is truly turnkey and rental-ready—don’t miss out on this Gulf Coast gem! Buyer to verify all information during due diligence.
    57 days
    |
    191
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Marsha Clemons PHONE:256-483-0434,

    EXP REALTY,LLC

    Source: Baldwin Realtors,MLS#: 397283MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Second
      • Area: 180
      • Dimensions: 15 x 12
      Bedroom 2
      • Level: Main
      • Area: 144
      • Dimensions: 12 x 12
      Bedroom 3
      • Level: Main
      • Area: 144
      • Dimensions: 12 x 12
      Primary bathroom
      • Features: Tub/Shower Combo, Single Vanity
      Kitchen
      • Level: Main
      • Area: 63
      • Dimensions: 9 x 7
      Heating
      • Electric
      Cooling
      • Electric
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
      Features
      • Ceiling Fan(s), High Ceilings, High Speed Internet, Split Bedroom Plan, Vaulted Ceiling(s)
      • Flooring: Vinyl
      • Windows: Window Treatments
      • Has basement: No
      • Has fireplace: No
      • Furnished: Yes
      • Common walls with other units/homes: No One Above
      Interior area
      • Total structure area: 987
      • Total interior livable area: 987 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Assigned, Covered
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: Community, Association
      • Has view: Yes
      • View description: Indirect Gulf Side, Pool
      • Has water view: Yes
      • Water view: Indirect Gulf Side
      • Waterfront features: Beach Accs (<=1/4 Mi), Beach Side - Building, Deeded Access, Waterfront
      • Body of water: Gulf of Mexico/America
      Lot
      • Size: 2.01 Acres
      • Dimensions: 200 x 437
      Details
      • Parcel number: 6604203000003.000.932

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium, Residential
      • Attached to another structure: Yes
      Materials
      • Concrete
      • Foundation: Pillar/Post/Pier
      • Roof: Metal
      Condition
      • Resale
      • New construction: No
      • Year built: 1982

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Cable Connected, Electricity Connected

      Community & HOA

      Community
      • Features: BBQ Area, Condo 2-Bdrms in Complex, Condo 3-Bdrms in Complex, Pool
      • Subdivision: Ocean Reef
      HOA
      • Has HOA: Yes
      • Services included: Cable TV, Maintenance Grounds, Pest Control, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool
      • HOA fee: $581 monthly
      Location
      • Region: Gulf Shores

      Financial & listing details

      • Price per square foot: $536/sqft
      • Tax assessed value: $564,600
      • Annual tax amount: $2,894
      • Price range: $529K - $529K
      • Date on market: 5/30/2026
      • Listing terms: Other
      • Ownership: Condominium
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/30/2026Listed for sale$529,000$536/sqft
        Source: Baldwin Realtors #397283 Report a problem
        5/28/2026Listing removed$529,000$536/sqft
        Source: Baldwin Realtors #374964 Report a problem
        3/11/2026Price change$529,000-0.9%$536/sqft
        Source: Baldwin Realtors #374964 Report a problem
        2/18/2026Price change$533,900-0.9%$541/sqft
        Source: Baldwin Realtors #374964 Report a problem
        3/1/2025Listed for sale$538,900+21.1%$546/sqft
        Source: Baldwin Realtors #374964 Report a problem
        11/4/2021Sold$445,000-2.2%$451/sqft
        Source: Baldwin Realtors #313312 Report a problem
        8/27/2021Pending sale$455,000$461/sqft
        Source: Baldwin Realtors #313312 Report a problem
        7/20/2021Listed for sale$455,000$461/sqft
        Source: Baldwin Realtors #313312 Report a problem
        7/12/2021Pending sale$455,000$461/sqft
        Source: Baldwin Realtors #313312 Report a problem
        6/25/2021Price change$455,000+1.1%$461/sqft
        Source: Baldwin Realtors #313312 Report a problem
        5/4/2021Pending sale$449,900$456/sqft
        Source: Baldwin Realtors #313312 Report a problem
        5/2/2021Listed for sale$449,900+60.7%$456/sqft
        Source: Baldwin Realtors #313312 Report a problem
        4/14/2020Sold$280,000-6.4%$284/sqft
        Source: Baldwin Realtors #292427 Report a problem
        2/6/2020Price change$299,000-6.5%$303/sqft
        Source: RE/MAX Paradise #292427 Report a problem
        12/18/2019Listed for sale$319,900$324/sqft
        Source: RE/MAX Paradise #292427 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,763 +1%$112,920 +1%
        2024$3,727 +28.7%$111,820 +27.5%
        2023$2,895 $87,720 +0.1%
        2022-- $87,640
        2021$1,824 +12%$87,640 +77.6%
        2020$1,629 +4.2%$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 $80,160
        2005$2,645 +135.9%$80,160 +135.9%
        2004$1,121 $33,980
        2003$1,121 +45.2%$33,980 +45.2%
        2002$772 +1.5%$23,400
        2001$761 $23,400
        2000$761 $23,400
        Find assessor info on the county website

        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 36542

        Getting around

        40 / 100
        Car-Dependent
        43 / 100
        Somewhat Bikeable

        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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