$255,000
$259,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
500 SqFt
SOLD DATE : 07/28/2023
Key Details
Sold Price $255,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 500 sqft
Price per Sqft $510
Subdivision The Cove
MLS Listing ID 347441
Sold Date 07/28/23
Bedrooms 1
Full Baths 1
Construction Status Resale
HOA Fees $281/mo
Year Built 1984
Annual Tax Amount $422
Property Description
INVESTORS!!! Check out this 1bed/1bath condo located in a prime location with stunning views of Little Lagoon and pool from the balcony. This condo has been recently updated, kitchen boasts granite countertops and the bathroom has marble countertops, adding a touch of luxury to the space. The windows of this unit are hurricane impact windows. The bedroom is spacious with plenty of natural light. The living area is perfect for relaxing after a long day at the beach. This condo is perfect for investors looking for a passive income. Complex has boat ramp and fishing pier to Little Lagoon, outdoor pool, 1 assigned covered parking space, grill area. Next to Pier 33 grocery and a short walk to beach access, dining, and entertainment. Projected rental income is estimated around $30,000-$40,000 yearly. There is a final assessment of $1000 that is due in August.
Location
State AL
County Baldwin
Area Gulf Shores 1
Interior
Heating Central
Cooling Central Electric (Cool)
Flooring Vinyl
Fireplace Yes
Appliance Dishwasher, Microwave, Refrigerator, Washer/Dryer Stacked
Exterior
Garage Single Carport
Pool Community, In Ground
Community Features BBQ Area, Fishing, Pool - Outdoor
Utilities Available Sewer Available
Waterfront Yes
Waterfront Description Beach Accs (<=1/4 Mi),Lagoon Acc (<=1/4 Mi)
View Y/N Yes
View Indirect Bay Side
Parking Type Single Carport
Garage No
Building
Story 1
Foundation Pilings
Water Public
New Construction No
Construction Status Resale
Schools
Elementary Schools Gulf Shores Elementary
High Schools Gulf Shores High
Others
Pets Allowed Renters Allowed
HOA Fee Include Association Management,Maintenance Grounds
Ownership Condominium
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Bought with Keller Williams AGC Realty - Orange Beach