Royal Palms offers breathtaking views from the balcony of this ideal location. It is located within walking distance to the Gulf State Park and Fishing Pier. This 1 bedroom, 2 bath sleeps 6 with the bunks in the hallway. It has tile floors throughout, stainless steel appliances, granite countertops and flat screen TVs. Property amenities include outdoor and indoor pool, steam room, BBQ station, sauna and fitness center. It's ready for its new owners with fresh paint and a new sofa. Royal Palms 702 did $50,458 in gross rentals from 1/15/2021 to 12/31/2021. Rental numbers for 2022 and 2023 averaged over $50,000. This unit can be shown during rental turns. Buyer to verify all information during due diligence.
Closed
$520,000
561 E Beach Blvd Unit 702, Gulf Shores, AL 36542
1beds
676sqft
Condominium
Built in 2000
-- sqft lot
$474,200 Zestimate®
$769/sqft
$1,689 Estimated rent
Home value
$474,200
$446,000 - $498,000
$1,689/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Lee A Mason 850-512-2057,
RE/MAX Paradise
Bought with:
Regina Daily, 98142
RE/MAX of Orange Beach
Source: Baldwin Realtors,MLS#: 363501
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Cooling
- Electric
Appliances
- Included: Disposal, Dishwasher
Features
- Internet, Bunk Alcove, Ceiling Fan(s)
- Flooring: Tile
- Has fireplace: No
- Furnished: Yes
Interior area
- Total interior livable area: 676 sqft
Property
Parking
- Parking features: Condo Lot Parking, Condo Covered Parking
Features
- Stories: 1
- Exterior features: Outdoor Shower
- Has view: Yes
- View description: Direct Gulf Front
- Waterfront features: Deeded Access, Beach Side Building, Gulf Front Building
- Body of water: Gulf Of Mexico / America
Lot
- Features: Waterfront
Details
- Parcel number: 6605211000016.000939
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Condo
- Property subtype: Condominium
Condition
- Year built: 2000
Utilities & green energy
- Utilities for property: Baldwin EMC, Cable
Community & HOA
Community
- Features: BBQ Area, Internet, Covered Entry, Pets Owners Only, Condo One Bedrooms In Complex, Condo Two Bedrooms In Complex
- Subdivision: Royal Palms
HOA
- Has HOA: Yes
- Services included: Pool, Trash, Pest Control, Recreation Facilities, Water Sewer, Reserve Fund, Taxes Common Area, Common Area Insurance, Association Management, Common Area Maintenance
- HOA fee: $435 monthly
- HOA phone: 251-968-5471
Location
- Region: Gulf Shores
Financial & listing details
- Price per square foot: $769/sqft
- Tax assessed value: $540,800
- Annual tax amount: $3,569
- Date on market: 6/8/2024
- Ownership type: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2024 | Sold | $520,000-2.8%$769/sqft |
Source:  Baldwin Realtors #363501 Report a problem | ||
| 10/14/2024 | Pending sale | $535,000$791/sqft |
Source: Baldwin Realtors #363501 Report a problem | ||
| 8/30/2024 | Price change | $535,000-1.8%$791/sqft |
Source: Baldwin Realtors #363501 Report a problem | ||
| 6/10/2024 | Listed for sale | $545,000$806/sqft |
Source: Baldwin Realtors #363501 Report a problem | ||
| 5/1/2024 | Listing removed | -- |
Source: Baldwin Realtors #354641 Report a problem | ||
| 11/22/2023 | Listed for sale | $545,000-2.7%$806/sqft |
Source: Baldwin Realtors #354641 Report a problem | ||
| 11/1/2023 | Listing removed | -- |
Source: Baldwin Realtors #345056 Report a problem | ||
| 6/9/2023 | Listing removed | $560,000$828/sqft |
Source: Baldwin Realtors #345056 Report a problem | ||
| 4/26/2023 | Listed for sale | $560,000-6.5%$828/sqft |
Source: Baldwin Realtors #345056 Report a problem | ||
| 7/1/2022 | Listing removed | -- |
Source: Baldwin Realtors #329192 Report a problem | ||
| 4/15/2022 | Listed for sale | $598,900+68.7%$886/sqft |
Source: Baldwin Realtors #329192 Report a problem | ||
| 1/15/2021 | Sold | $355,000-1.4%$525/sqft |
Source: Baldwin Realtors #305983 Report a problem | ||
| 12/11/2020 | Pending sale | $360,000$533/sqft |
Source: Baldwin Realtors #305983 Report a problem | ||
| 11/9/2020 | Listed for sale | $360,000+5.9%$533/sqft |
Source: RE/MAX Paradise #305983 Report a problem | ||
| 3/25/2020 | Sold | $340,000-2.6%$503/sqft |
Source: RE/MAX Alabama Solds #293069_36542_702 Report a problem | ||
| 1/8/2020 | Listed for sale | $349,000+4%$516/sqft |
Source: Century 21 Meyer Real Estate #293069 Report a problem | ||
| 9/13/2019 | Sold | $335,500-1%$496/sqft |
Source: Agent Provided Report a problem | ||
| 7/11/2019 | Listed for sale | $339,000-40%$501/sqft |
Source: Realty Executives Gulf Coast #286265 Report a problem | ||
| 3/9/2017 | Sold | $565,000+113.2%$836/sqft |
Source: Public Record Report a problem | ||
| 4/15/2015 | Sold | $265,000-5.2%$392/sqft |
Source: Public Record Report a problem | ||
| 3/5/2015 | Listed for sale | $279,500+50.3%$413/sqft |
Source: RE/MAX Of Orange Beach #222768 Report a problem | ||
| 12/22/2014 | Sold | $185,900-60.9%$275/sqft |
Source: Public Record Report a problem | ||
| 11/14/2008 | Listing removed | $475,000$703/sqft |
Source: Systems Engineering, Inc. #121450 Report a problem | ||
| 10/25/2008 | Listed for sale | $475,000$703/sqft |
Source: Systems Engineering, Inc. #121450 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,569 +25% | $108,160 +25% |
| 2023 | $2,855 | $86,520 +23.1% |
| 2022 | -- | $70,300 +5.4% |
| 2021 | $2,202 +10.9% | $66,720 +10.9% |
| 2020 | $1,985 +1.1% | $60,160 +1.1% |
| 2019 | $1,963 +10% | $59,480 +10% |
| 2018 | $1,785 +2.6% | $54,080 +2.6% |
| 2017 | $1,740 -1.8% | $52,720 +5.9% |
| 2016 | $1,771 +5.8% | $49,760 +18.7% |
| 2015 | $1,673 +33% | $41,920 +12.7% |
| 2014 | $1,258 | $37,180 +3.8% |
| 2013 | $1,258 | $35,820 |
| 2011 | -- | $35,820 -0.8% |
| 2010 | -- | $36,100 -28.7% |
| 2009 | $1,672 +91% | $50,660 +91% |
| 2008 | $875 -1.6% | $26,520 -1.6% |
| 2007 | $889 +85.5% | $26,940 +85.5% |
| 2006 | $479 -50% | $14,520 -54.7% |
| 2005 | $958 -9.3% | $32,020 |
| 2004 | $1,057 | $32,020 |
| 2003 | $1,057 +6.4% | $32,020 +6.4% |
| 2002 | $993 +1.5% | $30,080 |
| 2001 | $978 | $30,080 |
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
$474,200
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Estimated market value
$474,200
- Alabama
- Baldwin County
- Gulf Shores
- 36542
- 561 E Beach Blvd Unit 702
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