Don't miss this outstanding investment opportunity at Clearwater. Perfectly positioned just steps from the sand, this updated 1-bedroom, 1-bath condo with bonus hallway bunks offers the ideal setup for rental success — generating approximately $40,000 annually in rental income.Step inside to find bright coastal décor, updated finishes, and an inviting open layout. The kitchen features stainless steel appliances, granite countertops, and new cabinetry, while fresh flooring and an upgraded bathroom complete the modern look. The private balcony invites you to relax with breezy Gulf views — a perfect place to start your morning or unwind after a day at the beach.This unit has been thoughtfully updated for peace of mind, with a newer HVAC system, hot water heater, and appliances — all under two years old. Additional community-wide improvements include the installation of hurricane-impact sliding glass doors and the full replacement of polybutylene plumbing.Located within walking distance to Gulf Shores' main public beach and popular restaurants, this property offers unbeatable convenience for guests and owners alike. Whether you are looking for a profitable rental property, a second home by the sea, or both, this Gulf-front condo is ready to perform.Schedule your showing today and secure your place in one of Gulf Shores' best locations! $21,000 on the books for 2026! Buyer to verify all information during due diligence.
Active
Price cut: $20K (7/2)
$399,000
517 E Beach Blvd APT 1B, Gulf Shores, AL 36542
1beds
700sqft
:
Get pre-qualified$3,051/mo
Condominium
Built in 1998
-- sqft lot
$-- Zestimate®
$570/sqft
$688/mo HOA
What's special
Newer hvac systemUpdated finishesPrivate balconyGulf-front condoBreezy gulf viewsNew cabinetryInviting open layout
- 126 days |
- 89 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Kristina Halfacre CELL:251-233-6695,
RE/MAX of Orange Beach
Source: Baldwin Realtors,MLS#: 387852
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Heat Pump
Cooling
- Electric
Appliances
- Included: Disposal, Microwave, Dishwasher, Refrigerator
Features
- Internet, Bunk Alcove, Ceiling Fan(s)
- Flooring: Tile
- Has fireplace: No
Interior area
- Total interior livable area: 700 sqft
Property
Parking
- Parking features: Condo Lot Parking
Features
- Stories: 1
- Has view: Yes
- View description: Eastern View, Direct Gulf Front
- Waterfront features: Gulf Front Building
- Body of water: Gulf Of Mexico / America
Details
- Parcel number: 6605212000181.000902
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Condo
- Property subtype: Condominium
Condition
- Year built: 1998
Utilities & green energy
- Utilities for property: Baldwin EMC, Cable
Community & HOA
Community
- Features: BBQ Area, Internet, Landscaping, Condo One Bedrooms In Complex, Condo Two Bedrooms In Complex
- Subdivision: Clearwater
HOA
- Has HOA: Yes
- Services included: Trash, Cable TV, Internet, Pest Control, Water Sewer, Taxes Common Area, Common Area Insurance, Common Area Maintenance
- HOA fee: $688 monthly
- HOA phone: 251-948-7001
Location
- Region: Gulf Shores
Financial & listing details
- Price per square foot: $570/sqft
- Tax assessed value: $444,500
- Annual tax amount: $2,960
- Date on market: 11/10/2025
- Ownership type: Condominium
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Price change | $399,000-4.8%$570/sqft |
Source: | ||
| 3/24/2026 | Price change | $419,000-0.2%$599/sqft |
Source: | ||
| 3/6/2026 | Price change | $420,000-1.2%$600/sqft |
Source: | ||
| 12/8/2025 | Price change | $425,000-2.3%$607/sqft |
Source: | ||
| 11/18/2025 | Price change | $435,000-2.2%$621/sqft |
Source: | ||
| 11/10/2025 | Price change | $445,000-1.1%$636/sqft |
Source: | ||
| 8/12/2025 | Price change | $449,900-4.3%$643/sqft |
Source: | ||
| 4/8/2025 | Price change | $469,900-1.1%$671/sqft |
Source: | ||
| 3/21/2025 | Price change | $475,000-4%$679/sqft |
Source: | ||
| 9/17/2024 | Listed for sale | $495,000$707/sqft |
Source: | ||
| 9/4/2024 | Listing removed | $495,000$707/sqft |
Source: | ||
| 9/3/2024 | Listed for sale | $495,000$707/sqft |
Source: | ||
| 8/21/2024 | Listing removed | $495,000$707/sqft |
Source: | ||
| 9/22/2023 | Listed for sale | $495,000+70.7%$707/sqft |
Source: | ||
| 4/9/2021 | Sold | $290,000$414/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,960 +8.6% | $88,900 +7.6% |
| 2023 | $2,726 | $82,600 +31.1% |
| 2022 | -- | $63,000 +20% |
| 2021 | $1,733 | $52,500 |
| 2020 | $1,733 +3.6% | $52,500 +3.6% |
| 2019 | $1,672 +3.4% | $50,680 +3.4% |
| 2018 | $1,617 +5.4% | $49,000 +5.4% |
| 2017 | $1,534 -2.1% | $46,480 +8.9% |
| 2016 | $1,566 +8.7% | $42,700 +13% |
| 2015 | $1,441 +28.9% | $37,800 +14.9% |
| 2014 | $1,118 | $32,900 +6.8% |
| 2013 | $1,118 | $30,800 +10% |
| 2011 | -- | $28,000 -7.8% |
| 2010 | -- | $30,380 +62.6% |
| 2009 | $616 -18.8% | $18,680 -18.8% |
| 2008 | $759 -20.1% | $23,000 -20.1% |
| 2007 | $950 -5.6% | $28,800 -5.6% |
| 2006 | $1,007 +36.5% | $30,520 +36.5% |
| 2005 | $738 +41.7% | $22,360 +41.7% |
| 2004 | $521 -50% | $15,780 +22.9% |
| 2003 | $1,041 +175% | $12,840 |
| 2002 | $379 -54.7% | $12,840 -50% |
| 2001 | $835 | $25,700 |
| 2000 | $835 | $25,700 |
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.Climate risks
Neighborhood: 36542
Nearby schools
GreatSchools rating
- 9/10Gulf Shores Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 10/10Gulf Shores Middle SchoolGrades: 6-8Distance: 1.4 mi
- 8/10Gulf Shores High SchoolGrades: 9-12Distance: 1.4 mi
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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