RENTAL MACHINE! Unit did $66K for 2022 with $81K+ in potential and 2023 YTD $63K and counting! Unobstructed Gulf views to the South and East! This 2 BR/2 BA East corner unit in Royal Palms has one of the most sought after views on the beach. This complex borders the Gulf State Park and fishing pier in Gulf Shores and offers an indoor and outdoor pool, grilling area, steam room, sauna, fitness room, covered parking availability, short boardwalk to the beach, and an ideal location close to the Hangout, restaurants and shopping. The interior offers a fresh, coastal feel with tastefully selected decor and is fully equipped to become your home away from home or an excellent rental investment opportunity.
Closed
$642,500
561 E Beach Blvd Unit 1201, Gulf Shores, AL 36542
2beds
942sqft
Condominium
Built in 2000
-- sqft lot
$588,900 Zestimate®
$682/sqft
$1,895 Estimated rent
Home value
$588,900
$554,000 - $630,000
$1,895/mo
Zestimate® history
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List your homeWhat's special
Outdoor poolClose to the hangoutUnobstructed gulf viewsGrilling areaFitness roomSteam room
Zillow last checked:
Listing updated:
Listed by:
Clarissa McKinney Rambo PHONE:251-747-1638,
Realty Executives Gulf Coast
Bought with:
Kristine Bohn Mendyk, 146940
RE/MAX of Gulf Shores
Source: Baldwin Realtors,MLS#: 350229
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Disposal, Microwave, Dishwasher, Refrigerator
Features
- Bunk Alcove, Ceiling Fan(s)
- Flooring: Tile
- Windows: Window Treatments
- Has fireplace: No
- Fireplace features: No Fireplace
- Furnished: Yes
Interior area
- Total interior livable area: 942 sqft
Property
Parking
- Parking features: Condo Lot Parking, Condo Covered Parking
Features
- Stories: 1
- Exterior features: Storage
- Has view: Yes
- View description: Eastern View, Southern View, Direct Gulf Front
- Waterfront features: Gulf Front Building
- Body of water: Gulf Of Mexico / America
Details
- Parcel number: 6605211000016.000978
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Condo
- Property subtype: Condominium
Materials
- Roof: Built Up Flat
Condition
- Year built: 2000
Utilities & green energy
- Utilities for property: Water City, Baldwin EMC, Sewage City, Total Electric, Gulf Shores Utilities, Water Heater Electric, Cable
Community & HOA
Community
- Features: BBQ Area, Landscaping, Spa Hot Tub, Steam Sauna, Meeting Room, Covered Entry, Exercise Room, Pets Owners Only, Condo One Bedrooms In Complex, Condo Two Bedrooms In Complex
- Security: Smoke Detector(s)
- Subdivision: Royal Palms
HOA
- Has HOA: Yes
- Services included: Trash, Cable TV, Security, Pest Control, Water Sewer, Reserve Fund, Taxes Common Area, Custodial Services, Common Area Insurance, Association Management, Common Area Maintenance
- HOA fee: $665 monthly
- HOA phone: 251-968-5471
Location
- Region: Gulf Shores
Financial & listing details
- Price per square foot: $682/sqft
- Tax assessed value: $626,400
- Annual tax amount: $4,169
- Date on market: 8/14/2023
- Ownership type: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 12/28/2023 | Sold | $642,500-0.4%$682/sqft |
Source:  Baldwin Realtors #350229 Report a problem | ||
| 11/14/2023 | Price change | $645,000-0.8%$685/sqft |
Source: Baldwin Realtors #350229 Report a problem | ||
| 9/18/2023 | Price change | $649,900-0.8%$690/sqft |
Source: Baldwin Realtors #350229 Report a problem | ||
| 8/14/2023 | Listed for sale | $655,000+71.9%$695/sqft |
Source: Baldwin Realtors #350229 Report a problem | ||
| 3/3/2017 | Sold | $381,000$404/sqft |
Source: Baldwin Realtors #247678 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,169 +21.9% | $125,280 +20.9% |
| 2023 | $3,419 | $103,620 +19.6% |
| 2022 | -- | $86,660 +12.2% |
| 2021 | $2,549 | $77,240 |
| 2020 | $2,549 +3% | $77,240 +3% |
| 2019 | $2,474 +0.8% | $74,980 +0.8% |
| 2018 | $2,456 +8.2% | $74,420 +8.2% |
| 2017 | $2,269 -1.9% | $68,760 +8.9% |
| 2016 | $2,313 +8.8% | $63,120 +11.7% |
| 2015 | $2,127 +28.1% | $56,520 +15.4% |
| 2014 | $1,660 | $48,980 |
| 2013 | $1,660 | $48,980 +2% |
| 2011 | -- | $48,040 -3.8% |
| 2010 | -- | $49,920 -28.5% |
| 2009 | $2,305 -4.5% | $69,840 -4.5% |
| 2008 | $2,412 -1.6% | $73,100 -1.6% |
| 2007 | $2,453 +84.4% | $74,320 +84.4% |
| 2006 | $1,330 | $40,300 |
| 2005 | $1,330 -5.7% | $40,300 -5.7% |
| 2004 | $1,410 | $42,740 +6.5% |
| 2003 | $1,410 +6.5% | $40,120 |
| 2002 | $1,324 +1.5% | $40,120 |
| 2001 | $1,304 | $40,120 |
Find assessor info on the county website
Neighborhood: 36542
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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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Estimated market value
$588,900
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$588,900
- Alabama
- Baldwin County
- Gulf Shores
- 36542
- 561 E Beach Blvd Unit 1201
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