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Off market
  • Tax assessed value
    $1,381,100

    517 E Beach Blvd APT 5C, Gulf Shores, AL 36542

    1beds
    700sqft
    SingleFamily
    Built in 1998
    1.05 Acres Lot
    $-- Zestimate®
    $1,973/sqft
    $1,406 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,406/mo

    Zestimate® history
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    What's special

    So Investors this unit should yield over 12.5% in 2019 based on the income already booked for the rest of the year. Yielded 11.5% in 2018 . This condo has grossed over $30,000 pa for the last 5 years and income only getting higher, Not many units on the market today offer such a strong income and high yield. Clearwater Condominium has undergone extensive updating including a new roof, stucco, repainted, new elevator, landscaping and new communal grill area by the pool. This well presented 1 bedroom condo in the heart of Gulf Shores with amazing direct gulf front views across the sugar white sandy beach and the Gulf of Mexico is tastefully decorated throughout with granite and hard wood cabinets in the kitchen and breakfast bar, tiled open plan living space leading directly onto the south facing balcony. The bedroom is well proportioned with private access to the bathroom, full length bunks in the hallway are ideal for the rental market. Turn key and ready to go this is the perfect set up for a no hassle rental investment or 2nd home.

    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: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Ceiling Fan(s), Internet, Bunk Alcove
    • Flooring: Tile, Carpet
    Interior area
    • Total interior livable area: 700 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco
    • Pool features: Outdoor Pool
    • On waterfront: Yes
    • Waterfront features: Beach Side - Building, Gulf Front - Building
    • Body of water: Gulf of Mexico
    Lot
    • Size: 1.05 Acres
    Details
    • Parcel number: 6605212000181

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Slab
    Condition
    • Year built: 1998

    Community & HOA

    Community
    • Security: Smoke Detector(s), Fire Sprinkler System
    HOA
    • Has HOA: Yes
    • Amenities included: Internet, Pool - Outdoor, Pets - Allowed, Fire Sprinkler System, Water Access-Deeded, Pool, Security, Recreation Facilities, Association Management, Cable TV, Pest Control, Reserve Funds, Taxes-Common Area, Trash, Water, Barbecue
    • Services included: Trash, Security, Pest Control, Cable, Common Area Maintenance, Association Management, Internet, Common Area Insurance, Taxes-Common Area, Reserve Funds, Water/Sewer
    • HOA fee: $488 monthly
    Location
    • Region: Gulf Shores

    Financial & listing details

    • Price per square foot: $1,973/sqft
    • Tax assessed value: $1,381,100

    Price history

    DateEventPrice
    12/30/2025Price change$439,000+57.3%$627/sqft
    Source: Baldwin Realtors #389523 Report a problem
    6/14/2019Pending sale$279,000-7%$399/sqft
    Source: RE/MAX of Gulf Shores #276248 Report a problem
    6/14/2019Price change$299,900+7.5%$428/sqft
    Source: RE/MAX of Gulf Shores #276248 Report a problem
    5/31/2019Price change$279,000-3.5%$399/sqft
    Source: RE/MAX of Gulf Shores #276248 Report a problem
    4/8/2019Price change$289,000-3.6%$413/sqft
    Source: RE/MAX of Gulf Shores #276248 Report a problem
    3/1/2019Price change$299,900-1.7%$428/sqft
    Source: RE/MAX of Gulf Shores #276248 Report a problem
    11/13/2018Price change$305,000-1.6%$436/sqft
    Source: RE/MAX of Gulf Shores #276248 Report a problem
    11/4/2018Listed for sale$310,000+55%$443/sqft
    Source: RE/MAX of Gulf Shores #276248 Report a problem
    5/30/2014Sold$200,000+34%$286/sqft
    Source: Baldwin Realtors #202923 Report a problem
    5/28/2010Sold$149,250-38.1%$213/sqft
    Source: Agent Provided Report a problem
    8/5/2009Sold$241,250$345/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2017-- --
    2016-- --
    2015-- --
    2014-- $276,220 -78.9%
    2013-- $1,307,900 -0.8%
    2011-- $1,318,120 -4.2%
    2010-- $1,376,320 -2.9%
    2009-- $1,417,240 -18.8%
    2008-- $1,745,600 -10.9%
    2007-- $1,959,900 -11.6%
    2006-- $2,216,400 +30.8%
    2005-- $1,694,800 +55.3%
    2004-- $1,091,200
    2003-- $1,091,200 +23.1%
    2002-- $886,140
    2001-- $886,140
    2000-- $886,140
    Find assessor info on the county website

    Neighborhood: 36542

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Gulf Shores Elementary
    • High: Gulf Shores

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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