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561 E Beach Blvd , #504

Gulf Shores, AL 36542
  • $586,500
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 333779
UPDATED: 41 min ago
$586,500
  • 1
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 676
    SQFT
  • $868
    $/SQFT
Neighborhood:
Type:
Condo
Built:
2000
County:

School Information

Elementary School:
High School:

Description

This truly is a MUST SEE RECENTLY COMPLETELY RENOVATED condo with exceptional rental history! Upscale coastal design combined with a fantastic unique location makes this a RARE opportunity for a buyer looking for a beachfront condo that needs absolutely nothing, just bring your suitcase!! If you are looking for a true turnkey unit, look no further. Recent renovation includes entire unit painted including ceilings, popcorn removal, new LVT flooring throughout, shiplap feature wall, complete kitchen renovation (new cabinets, quartz countertops, all new appliances, dishes & cookware). Both bathrooms have new vanities, fixtures and decor, entire unit furnished with ALL new furniture, mattresses, ceiling fans, washer & dryer, wall mounted smart TVs and new glass in sliding glass doors. Custom bunks with a fun shiplap theme and features private secure owner storage underneath the bunks. Unlike many 1 Bedroom condos, at Royal Palms the 1 bedroom units have the benefit of a full second bathroom. Royal Palms is the last condo complex on the beach adjacent to the Gulf State Park so instead of a condo complex as your neighbor you have the beautiful 6500 acre state park, with a recreational fishing pier, restaurants, bike trails and so much more just a short stroll from Royal Palms. For the buyer looking for great proven vacation rental property look no further: having earned 47 5 STAR reviews this popular rental unit began renting in May of 2021 and generated over $49K in rental income in only 8 months. The year to date rental income for 2022 is already over $52K. To make it an even easier transition for a buyer interested in vacation rentals the KABA Keyless lock, linens and towels will convey with the sale. Royal Palms is a well managed condo complex featuring sought after amenities such as indoor pool, hot tub, outdoor pool (heated seasonally), fitness room, sauna, steam room and BBQs.

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Listing information © 2022 Baldwin County Association of REALTORS® MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Gulf Shores. Data last updated 2022-08-12T19:27:59.923.
www.alabamagulffront.com/homes/130880020
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561 E Beach Blvd , #504 Gulf Shores, AL 36542

  • Price: $586,500
  • Status: Active
  • On Site: 28 Days
  • Updated: 41 min ago
  • MLS #: 333779
1
Beds
2
Baths
0
½ Baths
N/A
Acres
676
SQFT
$868
$/SQFT
2000
Built
Neighborhood:
Royal Palms
County:
Baldwin
Area:
Gulf Shores 1
Elementary School:
Gulf Shores Elementary
High School:
Gulf Shores High
Property Description
This truly is a MUST SEE RECENTLY COMPLETELY RENOVATED condo with exceptional rental history! Upscale coastal design combined with a fantastic unique location makes this a RARE opportunity for a buyer looking for a beachfront condo that needs absolutely nothing, just bring your suitcase!! If you are looking for a true turnkey unit, look no further. Recent renovation includes entire unit painted including ceilings, popcorn removal, new LVT flooring throughout, shiplap feature wall, complete kitchen renovation (new cabinets, quartz countertops, all new appliances, dishes & cookware). Both bathrooms have new vanities, fixtures and decor, entire unit furnished with ALL new furniture, mattresses, ceiling fans, washer & dryer, wall mounted smart TVs and new glass in sliding glass doors. Custom bunks with a fun shiplap theme and features private secure owner storage underneath the bunks. Unlike many 1 Bedroom condos, at Royal Palms the 1 bedroom units have the benefit of a full second bathroom. Royal Palms is the last condo complex on the beach adjacent to the Gulf State Park so instead of a condo complex as your neighbor you have the beautiful 6500 acre state park, with a recreational fishing pier, restaurants, bike trails and so much more just a short stroll from Royal Palms. For the buyer looking for great proven vacation rental property look no further: having earned 47 5 STAR reviews this popular rental unit began renting in May of 2021 and generated over $49K in rental income in only 8 months. The year to date rental income for 2022 is already over $52K. To make it an even easier transition for a buyer interested in vacation rentals the KABA Keyless lock, linens and towels will convey with the sale. Royal Palms is a well managed condo complex featuring sought after amenities such as indoor pool, hot tub, outdoor pool (heated seasonally), fitness room, sauna, steam room and BBQs.
Exterior Features

Balcony Size 14 X 9 Boat Facilities None Construction Foundation Pilings Exterior Finish Stucco Garage Parking Condo: Covered ParkingCondo: Lot Parking Lot Description Waterfront View Direct Gulf Front

Interior Features

Appliances DishwasherDryerMicrowaveRange-ElectricRefrigerator W/Ice MakerSmoke DetectorStack Washer/Dryer Elevators 2 Floors Vinyl Heat Cooling Central Electric Kitchen Dimensions 10X12 Kitchen Level Main Level Living Rm Dimensions 14 X 13 Living Rm Level Main Level Master Bedroom Dimensions 10 X 13 Master Bedroom Level Main Level Property Interior Stories 1

Property Features

Association Fees 448 Association Fees Incl CableCommon Area InsuranceCommon Area MaintenanceInternetPest ControlPoolReserve FundsTaxes-Common AreaTrashWater/Sewer Community Amenities Bbq AreaCondo 1-Bdrms in ComplexCondo 2-Bdrms in ComplexCovered EntryExercise RoomGuard At GateInternetPool - IndoorPool - OutdoorPets - Owners OnlyPrivate SecuritySpa/Hot TubSteam/Sauna Condo Building Stories 14 Construction Status Resale Fairhope Single Tax No Incm Producing Potential Yes Lot Block Unit 504 Property Amenities Ceiling Fan(S)InternetIrrigation SprinklerSauna/Steam ShowerSecurity Lighting Property Taxes 2096.82 Rental Program Yes Rental Restricted No Style Condo Terms Of Sale CashConventionalPortfolio Utilities Baldwin Emc Water Property Type Gulf Front - Building

Listing provided by Re/Max Paradise: 251-948-8000. Listing information © 2022 Baldwin County Association of REALTORS® MLS.


Listing information © 2022 Baldwin County Association of REALTORS® MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or EXIT Realty Gulf Shores. Data last updated 2022-08-12T19:27:59.923.
 
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EXIT Realty Gulf Shores
3725 Gulf Shores Pkwy
Gulf Shores AL, 36542