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517 E Beach Boulevard #8D Gulf Shores, AL 36542
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Key Details
Sold Price $520,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 960 sqft
Price per Sqft $541
Subdivision Clearwater
MLS Listing ID 367145
Sold Date 10/07/24
Bedrooms 2
Full Baths 2
Construction Status Resale
HOA Fees $970/mo
Year Built 1998
Annual Tax Amount $3,231
Property Description
This stunning 2-bedroom, 2-bath condo offers breathtaking views of the Gulf of Mexico. Located in the desirable low-density Clearwater complex, this unit is a fantastic investment opportunity with high-income potential, generating an impressive $40,000 annually. The condo is thoughtfully designed to accommodate both comfort and style. Inside you'll find a spacious living area that includes a sleeper sofa for additional guests, and hallway bunks for families or larger groups. The kitchen is a highlight of the unit, featuring modern updates with stainless steel appliances, granite countertops, and brand-new cabinets. Both bathrooms have been recently updated. Step outside to a balcony equipped with a new sliding glass door featuring hurricane impact-rated glass, allowing for breathtaking views of the Gulf of Mexico. The complex itself is just steps away from the sugar-white sands of the beach, offering a true coastal living experience. The complex has recently undergone significant upgrades, including a new roof, updated stucco, new flooring in breezeways, and a newly installed elevator. The pool area, which features a large sun deck and grilling area, has also been enhanced with security gates, making it a great spot for relaxation and social gatherings. Additional updates to the complex include fresh painting and landscaping, ensuring that the exterior is as appealing as the interior. One of the unique advantages of this complex is that there is NO annual insurance assessment; it is covered in the monthly HOA fees, providing additional savings and financial ease for owners. The condo is currently rented through Vacasa and has an excellent rental history, making it a turn-key investment opportunity. Don't miss out on this incredible opportunity to own a piece of paradise with all the modern conveniences, in a location that boasts both tranquility and income potential. Schedule your private showing today! Buyer to verify all information during due diligence Buyer to B
Location
State AL
County Baldwin
Area Gulf Shores 1
Interior
Interior Features Breakfast Bar, Bunk Alcove, Ceiling Fan(s), Internet
Heating Electric
Cooling Central Electric (Cool), Ceiling Fan(s)
Flooring Tile
Fireplaces Type None
Fireplace Yes
Appliance Dishwasher, Electric Range, Refrigerator w/Ice Maker, Washer/Dryer Stacked
Exterior
Garage Parking Lot
Pool Community, Association
Community Features BBQ Area, Condo 1-Bdrms in Complex, Condo 2-Bdrms in Complex, Internet, Landscaping, Pool - Outdoor, Satellite TV
Utilities Available Cable Connected
Waterfront Yes
Waterfront Description Gulf Front - Building
View Y/N Yes
View Direct Gulf Front
Parking Type Parking Lot
Garage No
Building
Story 1
New Construction No
Construction Status Resale
Schools
Elementary Schools Gulf Shores Elementary
Middle Schools Gulf Shores Middle
High Schools Gulf Shores High
Others
Pets Allowed Owners Only
HOA Fee Include Association Management,Cable TV,Common Area Insurance,Maintenance Grounds,Pest Control,Security,Taxes-Common Area,Telephone,Trash,Internet,Pool
Ownership Condominium
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Bought with RE/MAX Paradise