Residential

507 Beach Boulevard 102 102, Gulf Shores

$340,000

Bedroom 1 bedrooms
Bathroom 1 baths

  • MLS #: 378094
  • Property Type: Residential
  • Address: 507 Beach Boulevard 102 102, Gulf Shores, AL 32507-
  • County: Baldwin
  • Subdivision: Ocean Reef
  • SQFT: 572
  • Year Built: 1982
  • Date Listed: 4/24/2025

Location Location

Agent Comments Agent Comments
Looking for a solid real estate investment or just your own vacation getaway? Ocean Reef is a low-density beachside building right in the heart of Gulf Shores with seller financing offered! This is an ever-booked rental, being only 1/4 from the Hangout and easily walkable to restaurants and shops. This unit comes with one assigned and covered parking spot, and there is guest parking on site. BRAND NEW AC installed 7/10/25! This furnished unit features updated furniture and appliances, low-maintenance ceramic tile in living spaces, carpet in the bedroom, and fresh paint on the walls. Enjoy the BBQ grill area and landscaped pool area with recently installed new decking on front and back decks, or take a few steps right out to beautiful white sand right on the Gulf. Gross 2024 rental was nearly $39,000 through Airbnb and VRBO combined and 2025 is on track for same. Buyer to verify all information during due diligence.

Amenities Amenities
  • Dishwasher
  • Microwave
  • Electric Range
  • Refrigerator

Interior Features Interior Features
  • Cool System: Central Electric (Cool)
  • Heat System: Central
  • Floors: Carpet, Tile
  • Fireplaces: 0
  • Interior: Ceiling Fan(s), En-Suite, Internet

Exterior Features Exterior Features
  • Parking: Assigned, Covered
  • Siding: Concrete Board
  • Exterior: Termite Contract
  • Foundation: Pilings
  • View: Northern View, Southern View

Additional Features Additional Features
  • County: Baldwin
  • Property Type: Condominium
  • Tax Number: 6604203000003
  • Waterfront Features: Deeded Access
  • Stories: 1
  • Year Built: 1982