497 Plantation Road #1139, Gulf Shores, AL 36542
497 Plantation Road #1139, Gulf Shores, AL 36542
497 Plantation Road #1139, Gulf Shores, AL 36542
497 Plantation Road #1139, Gulf Shores, AL 36542
497 Plantation Road #1139, Gulf Shores, AL 36542
497 Plantation Road #1139, Gulf Shores, AL 36542
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$ 329,000
Est. payment | /mo

2 Beds

2 Baths

847 SqFt


Save
$ 329,000
Est. payment | /mo
Save

2 Beds

2 Baths

847 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 847 sqft

Price per Sqft $388

Subdivision Resort Conference Center

MLS Listing ID 396005

Bedrooms 2

Full Baths 2

Construction Status Resale

HOA Fees $506/mo

Year Built 1985

Annual Tax Amount $2,039

Lot Size 7.700 Acres

Property Sub-Type Condominium

Property Description

Commanding a 27% cash-on-cash return, 13% cap rate, and 17% gross ROI with potential to gross $48,000–$54,000 annually based on AirDNA comp data, this Gulf Shores condo is an absolute investor's dream. Already operating as a 4.88-star Airbnb with Superhost status, this unit is turnkey and income-ready from day one. The complex is loaded with amenities : four outdoor pools, two outdoor hot tubs, an indoor pool, on-site dining, a coffee shop, pickleball, tennis, basketball, and sand volleyball courts, all within a gated beachside community. Beach access is steps away with toes in the sugar white sand in under three minutes.The 2BR/2BA unit itself sleeps 6 comfortably : king primary suite with ensuite bath, second bedroom with full bed and twin bunks, fully equipped kitchen, and a private balcony boasting gorgeous coastal water views.The kind of property guests rebook and owners love.Buyer to verify all information during due diligence.Gulf Shores Plantation offers 40 acres of gated, beautifully maintained beachfront property with 4,000 feet of shoreline and a wide variety of amenities. Residents and guests can enjoy multiple outdoor pools, an indoor pool, hot tubs, tennis courts, basketball, shuffleboard, grilling areas, lush courtyards, and relaxing swings throughout the grounds. The property also features on-site dining at Sassy Bass Island Grill. Ongoing community improvements include updated hallways, newer elevators, and scheduled HOA replacements of two living room windows and a sliding glass door pane for this unit.If you're looking for a comfortable coastal retreat in a well-maintained community with exceptional amenities, this condo is a must-see. Buyer to verify all information during due diligence.

Location

State AL

County Baldwin

Area Fort Morgan

Interior

Interior Features Ceiling Fan(s), Internet, Split Bedroom Plan

Heating Electric

Flooring Carpet, Tile

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Electric Range, Refrigerator w/Ice Maker

Laundry Common Area

Exterior

Parking Features Parking Lot

Pool Community, Association

Community Features BBQ Area, Condo 2-Bdrms in Complex, Condo 3-Bdrms in Complex, Fitness Center, Fencing, Internet, Landscaping, Pool - Outdoor, Tennis Court(s), Wheelchair Accessible, Gated, Condo-Effic in Complex, Water Access-Deeded

Utilities Available Cable Connected

Waterfront Description Gulf Front - Building

View Y/N Yes

View Direct Gulf Front

Roof Type Metal

Garage No

Building

Story 1

Foundation Slab

Unit Floor 1

New Construction No

Construction Status Resale

Schools

Elementary Schools Orange Beach Elementary

Middle Schools Orange Beach Middle

High Schools Orange Beach High

Others

Pets Allowed No Pets

HOA Fee Include Association Management,Cable TV,Common Area Insurance,Maintenance Grounds,Pest Control,Recreational Facilities,Reserve Funds,Security,Taxes-Common Area,Trash,Water/Sewer,Internet,Pool

Senior Community No

Ownership Condominium

Listed by EXP REALTY,LLC

Nearby Locations

Jessyka Thompson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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497 Plantation Road #1139