Gulf Shores, AL 36542,407 W Beach Boulevard #273
Gulf Shores, AL 36542,407 W Beach Boulevard #273
Gulf Shores, AL 36542,407 W Beach Boulevard #273
Gulf Shores, AL 36542,407 W Beach Boulevard #273
Gulf Shores, AL 36542,407 W Beach Boulevard #273
Gulf Shores, AL 36542,407 W Beach Boulevard #273
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$370,000

$389,000

4.9%
Est.Price: ?

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Est. payment /mo

2 Beds

2 Baths

821 SqFt


SOLD DATE : 11/17/2020

Key Details

Sold Price $370,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 821 sqft

Price per Sqft $450

Subdivision Island Winds West

MLS Listing ID 305509

Sold Date 11/17/20

Bedrooms 2

Full Baths 2

Construction Status Resale

HOA Fees $520/mo

Year Built 1983

Annual Tax Amount $1,955

Property Description

This beautifully furnished and updated unit in Island Winds West generated over $42,000 gross rental income in 2019! This unit is turnkey and features expansive Gulf views from the living room and kitchen, floor to ceiling impact glass windows in master bedroom and living room (installed in 2018), granite countertops throughout, tiled floors throughout, LED light fixtures, stainless appliances, king beds in master and guest room, new walk in shower in master, and new patio furniture. 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 attractions. The washer and dryer were replaced in 2017. This unit features an interior door, which connects to adjoining unit 272. Both units can be purchased together for $778,000. Each adjoining door has its own lock and the units can be combined as a 4BD/4BA, or they can be used separately as 2BD/2BA. This unit offers a 4.89% cap rate as a 2BD/2BA and a 4.86% cap rate as a 4BD/4BA.

Location

State AL

County Baldwin

Area Gulf Shores 1

Interior

Interior Features En-Suite, Internet

Heating Electric

Flooring Tile

Fireplace Yes

Appliance Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer

Exterior

Garage Parking Lot

Pool Community, Association

Community Features BBQ Area, Fitness Center, Pool - Kiddie, Landscaping, Pool - Outdoor

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

HOA Fee Include Association Management,Common Area Insurance,Maintenance Grounds,Pest Control,Reserve Funds,Security,Taxes-Common Area,Water/Sewer,Pool

Ownership Whole/Full

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IXL Real Estate Eastern Shore

IXL Real Estate Eastern Shore

+1(251) 254-2272

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by RE/MAX of Orange Beach
Bought with Brett R/E Robinson Dev OB

IXL Real Estate Eastern Shore

Company

+1(251) 254-2272

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