$440,000
$445,000
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3 Beds
2 Baths
1,234 SqFt
SOLD DATE : 11/12/2020
Key Details
Sold Price $440,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,234 sqft
Price per Sqft $356
Subdivision Island Winds West
MLS Listing ID 298103
Sold Date 11/12/20
Bedrooms 3
Full Baths 2
Construction Status Resale
HOA Fees $780/mo
Year Built 1983
Annual Tax Amount $2,240
Property Description
For the first time in over twenty years, this stunning Gulf front west corner penthouse unit is for sale! The condo features expansive Gulf views from the living room and kitchen, an oversized southern balcony, floor to ceiling glass installed in 2018/19, custom drapes, and Italian tile floors. The complex offers an outdoor pool, kiddie pool, barbecue area, exercise room, and easy access to the beach. The highly sought-after Island Winds complex is located less than 4/10 of a mile from Hwy 59, adjacent to the Alabama State Park, and only steps to the Hangout and other dining and shopping. The HVAC was replaced in 2019, hot water heater in 2020, and disposal in 2019. Rental returns are excellent in this building due to its convenient location (TurnKey Vacation Rentals projection of $55,433 generating a 5.91% Cap Rate and an Internal Rate of Return of 23.30% over a ten year hold period)! This unit can also be purchased with a private one car garage (G2) that includes an additional surface parking space (MLS 298104 - priced at $35,000).
Location
State AL
County Baldwin
Area Gulf Shores 1
Interior
Interior Features En-Suite, Internet
Heating Electric, Heat Pump
Cooling Ceiling Fan(s)
Flooring Carpet, Tile
Fireplace Yes
Appliance Dishwasher, Microwave, Electric Range, Refrigerator
Exterior
Garage Parking Lot
Pool Community, Association
Community Features BBQ Area, Common Lobby, Fitness Center, Pool - Kiddie, Landscaping, Pool - Outdoor
Utilities Available Gulf Shores Utilities, 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
HOA Fee Include Association Management,Cable TV,Common Area Insurance,Maintenance Grounds,Custodial Services,Pest Control,Recreational Facilities,Reserve Funds,Security,Taxes-Common Area,Trash,Water/Sewer,Pool
Ownership Condominium
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Bought with Bellator Real Estate LLC Gulf