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Off market
  • $533,900

    561 E Beach Blvd Unit 508, Gulf Shores, AL 36542

    2beds
    2baths
    942sqft
    RESIDENTIAL ATTACHED
    Built in 2000
    -- sqft lot
    $533,900 Zestimate®
    $567/sqft
    $2,277 Estimated rent

    Home value

    $533,900

    $497,000 - $571,000

    $2,277/mo

    Zestimate® history
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    $2,277/mo

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    $3,676/mo

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    $3,676/mo

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    What's special

    ONLY 2 BR unit available in building! AMAZING value at very popular and affordable ROYAL PALMS! Enjoy exquisite Gulf views from the balcony of this updated 2 BR, 2BA, CORNER unit on the 5th floor. New flooring, new countertops, fresh decor! Hall bunks and a sleeper sofa - plus 2 bedrooms and 2 full baths - provide a comfortable and affordable beach experience. Royal Palms is located on the eastern edge of Gulf Shores - adjacent to the state park for extra privacy and lower beach density, but close enough to easily walk to classic Gulf Shores dining and entertainment, including the Hangout and Sea N' Suds. Royal Palms offers large outdoor AND indoor pools, a parking deck and a large ground level parking deck. Low monthly fees cover Internet, TV, insurance, amenities and more. No additional assessments. Your beach dream is within reach!

    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: 2
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Ceiling Fan(s), Other, Bunk Alcove, High Speed Internet, Storage, Living/Dining
    • Flooring: Linoleum / Vinyl
    • Common walls with other units/homes: End Unit
    Interior area
    • Total interior livable area: 942 sqft

    Property

    Features
    • Exterior features: Stucco
    • Spa features: Community
    • Waterfront features: Beach Side - Building, Gulf Front - Building
    • Body of water: Gulf of Mexico
    Lot
    • Size: 1.59 Acres
    Details
    • Parcel number: 6605211000016000929

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: RESIDENTIAL ATTACHED
    Condition
    • Year built: 2000

    Utilities & green energy

    • Electric: Baldwin EMC
    • Utilities for property: Gulf Shores Utilities

    Community & HOA

    Community
    • Security: Fire Sprinkler System, Gated with Guard
    HOA
    • Has HOA: Yes
    • Amenities included: Pool, Recreation Facilities, Management, Taxes
    • Services included: Trash, Maintenance Grounds, Insurance, Cable TV, Security, Pest Control, Internet, Other-See Remarks, Reserve Funds, Telephone
    • HOA fee: $606 monthly
    Location
    • Region: Gulf Shores

    Financial & listing details

    • Price per square foot: $567/sqft
    • Tax assessed value: $626,400
    • Annual tax amount: $4,169

    Price history

    DateEventPrice
    4/30/2020Listing removed$399,000$424/sqft
    Source: RE/MAX of Orange Beach #296964 Report a problem
    4/8/2020Price change$399,000+2.3%$424/sqft
    Source: RE/MAX of Orange Beach #296964 Report a problem
    4/4/2020Price change$390,000+1.3%$414/sqft
    Source: RE/MAX of Orange Beach #296964 Report a problem
    4/2/2020Price change$385,000+2.7%$409/sqft
    Source: Owner Report a problem
    4/1/2020Price change$375,000-9.6%$398/sqft
    Source: Owner Report a problem
    3/30/2020Price change$415,000-1.2%$441/sqft
    Source: Owner Report a problem
    3/28/2020Listed for sale$420,000+2.9%$446/sqft
    Source: Owner Report a problem
    12/27/2019Sold$408,000-2.6%$433/sqft
    Source: Baldwin Realtors #291147 Report a problem
    11/8/2019Listed for sale$418,900$445/sqft
    Source: Avast Realty Orange Beach #291147 Report a problem

    Public tax history

    YearProperty taxesTax 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
    2003$1,410 +6.5%$42,740 +6.5%
    2002$1,324 +1.5%$40,120
    2001$1,304 $40,120
    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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    Estimated market value
    $533,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $533,900