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$439,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 964 Sq. Ft.
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GREAT INCOME POTENTIAL! Ocean Reef #115 is walking distance to all of the main attractions, beaches, restaurants, and local shopping Gulf Shores has to offer. Primary bedroom on main floor and loft style 2nd bedroom with 1/2 bath on 2nd floor. Customized with vinyl plank flooring, granite counter tops, stainless steel appliances, and more. This low-density, 45-unit building boasts 200 ft of deeded beach access, a tropical landscaped pool area, charcoal grills and on-site laundry facilities. Assigned, covered parking space include. This is a great opportunity to own an investment property or vacation home on Alabama's Gulf Coast! Buyer to verify all information during due diligence.

Full Property Details for 507 W Beach Blvd #115

General

  • Price: $439,000
  • HOA FEE: $400/month
  • Taxes: $1,463
  • Status: Active
  • Type: Condo
  • Source: 934
  • MLS ID: 358765
  • Updated: 4/1/2025
  • Added to Site: 585 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Internet
  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Furnished: Yes
  • Furnishings: Furnished
  • Flooring: Carpet, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Primary Bathroom: Tub/Shower Combo

Bedrooms

  • Total Bedrooms: 2
  • Primary Bedroom: 12 x 11, Main, 132 Sq. Ft.
  • Bedroom 2: 20 x 12, Second, 240 Sq. Ft.

Other Rooms

  • Kitchen: 9 x 9, Main, 81 Sq. Ft.

Additional Information

  • Shared Amenities: BBQ Area, Landscaping, Pool - Outdoor
  • Pool: Yes
  • Pool Description: Community, Association
  • Security/Safety: Smoke Detector(s)

Exterior

  • Porch/Patio/Deck: Porch-Open

Parking

  • Parking Features: Assigned, Covered

Location

  • Area: Gulf Shores 1
  • County: Baldwin
  • Subdivision: Ocean Reef
  • Driving Directions: From Hwy-59 at The Hangout, turn right on West Beach Blvd. Ocean Reef is approximately 1/2 mile on the beach side.

School Information

  • Elementary School: Gulf Shores Elementary
  • Middle School: Gulf Shores Middle
  • High School: Gulf Shores High

Community

  • Assoc. Fees Include: Association Management, Cable TV, Common Area Insurance, Maintenance Grounds, Pest Control, Reserve Funds, Trash, Water/Sewer, Internet, Pool
  • Units Assoc/Comm: 45

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Electric (Cool)

Utilities

  • Utility Description: Gulf Shores Utilities

Structural Information

  • Property Detached: Yes
  • Structure Type: Condo
  • Exterior Const.: Wood Siding
  • Entry Floor Number: 2
  • Stories/Levels: 2
  • Building Size: 964
  • Square Feet: 964
  • Sq. Ft. Source: Assessor
  • Year Built: 1982
  • Property Condition: Resale

Lot Features

  • Property View: None/Not Applicable
  • Lot Size (Acres): 2.0064
  • Lot Size (Sq. Ft.): 87,400
  • Lot Dimensions: 200 x 437
  • Lot Features: Less than 1 acre

Water Features

  • Water Front: Yes
  • Water Front Name: Gulf of Mexico/America
  • Water Front View: Beach Side - Building, Deeded Access, Gulf Accs (<=1/4 Mi), Gulf Front - Building

Financial Considerations

  • Association Fee: $400
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $1,463

Disclosures and Reports

  • Ownership: Condominium
  • Legal Description: UNIT 115 OCEAN REEF CONDO IN CITY OF GULF SHORES SEC 20-T9S- R4E (WD)
  • Property ID: 6604203000003.0009
  • Block: 115
  • Lot Number: 115

Listed by Dolphin Cove Realty LLC

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Listing agent

— 507 W Beach Blvd #115 —

  • Dolphin Cove Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 507 W Beach Blvd #115 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/12/2024
Listed
$439,000
99.55%
MLS
12/04/2019
Sold
$220,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 507 W Beach Blvd #115

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,704
2%
$81,940
4%
2023
$2,659
39%
$78,860
36%
2022
$1,909
30%
$57,840
30%
2021
$1,463
—
$44,340
10%
2021
$1,463
17%
$40,480
8%
2019
$1,246
5%
$37,600
8%
2018
$1,190
9%
$34,700
9%
2017
$1,095
17%
$31,820
18%
2016
$936
—
$27,000
—
2015
$936
6%
$27,000
6%
2014
$884
9%
$25,440
10%
2013
$808
—
$23,140
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 507 W Beach Blvd #115

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NMLS#: 1598647

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Listed by Dolphin Cove Realty LLC

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507 W Beach Boulevard #115, Gulf Shores, AL 36542 (MLS# 358765) is a Condo property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 507 W Beach Boulevard #115 is currently listed for $439,000 and was received on June 12, 2024. Want to learn more about 507 W Beach Boulevard #115? Do you have questions about finding other Condo real estate for sale in Gulf Shores? You can browse all Gulf Shores real estate or contact a Coldwell Banker agent to request more information.

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