$275,000
$289,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
612 SqFt
SOLD DATE : 05/16/2024
Key Details
Sold Price $275,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 612 sqft
Price per Sqft $449
Subdivision Wolf Bay Villas
MLS Listing ID 360435
Sold Date 05/16/24
Bedrooms 2
Full Baths 2
Construction Status Resale
HOA Fees $500/mo
Year Built 1985
Annual Tax Amount $1,504
Property Description
Enjoy the serenity of Wolf Bay from the dock of this adorable 2-bedroom condo, nestled in the heart of Orange Beach. Positioned directly beside the updated bayside pool, this unit promises easy access to the bay and is within walking distance of restaurants, shopping, nature trails, and more. The turnkey unit features stainless steel appliances, a stackable washer/dryer, coastal decor, and more. Serving as a lucrative rental investment, this charming property has generated around $25,000 and $28,000 annually as a self-managed rental (see attached rental history). Wolf Bay Villas maintains a cozy atmosphere as a low-density complex with only 24 units, ensuring the bayside pool and parking areas remain uncrowded. The monthly HOA fee of $500 supports a strong owner's association with an excellent reserve fund. Amenities include a place to pull your boat up to available on a 'first come, first served' basis, a newly renovated bayside pool area, a fishing pier, a BBQ area with picnic tables, and an assigned parking spot with extra visitor parking nearby. The nearest beach access, located about a mile and a half south on Perdido Beach Blvd, is conveniently accessible by bike or golf cart. Call today to schedule a showing!
Location
State AL
County Baldwin
Area Orange Beach 1
Interior
Interior Features Ceiling Fan(s), En-Suite, Internet
Heating Electric, Central
Cooling Central Electric (Cool), Ceiling Fan(s)
Flooring Tile
Fireplace Yes
Appliance Dishwasher, Microwave, Electric Range, Refrigerator, Washer/Dryer Stacked
Exterior
Exterior Feature Condo Balc Grill Allowed
Garage Assigned, Parking Lot
Pool Community, Association
Community Features BBQ Area, Fishing, Landscaping, Pool - Outdoor, Water Access-Deeded
Waterfront Yes
Waterfront Description Bay Access (<=1/4 Mi),Bay Front - Building,Deeded Access
View Y/N Yes
View Pool Area View
Parking Type Assigned, Parking Lot
Garage No
Building
Story 1
Foundation Slab
Water Orange Beach Water Auth
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 Owners Only, More Than 2 Pets Allowed
HOA Fee Include Association Management,Cable TV,Common Area Insurance,Maintenance Grounds,Pest Control,Recreational Facilities,Reserve Funds,Taxes-Common Area,Trash,Water/Sewer,Pool
Ownership Whole/Full
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Bought with RE/MAX of Orange Beach