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$474,900 Just Listed

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
  • 987 Sq. Ft.
  • Updated 3 days ago
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Exceptional investment opportunity in the heart of Gulf Shores! Don't miss out on this fully-furnished, turnkey condo with proven rental success-earning over $70k in both 2024 and 2025 for consistently high revenue! Perfectly set up as a short-term rental or second home, this Gulf-front unit offers immediate income potential. All stylish furnishings and decor will convey, ensuring a seamless transition for new owners. Ocean Reef is a sought-after, Gulf-front complex located just steps away from popular restaurants and attractions, including the iconic Hangout Restaurant. Enjoy stunning Gulf views from the guest room balconies and relax by the well-maintained pool and common areas. With two assigned parking spaces, you'll never have to worry about finding parking during peak season, a major bonus in this prime location. Whether you're seeking a lucrative rental investment or a wonderful beach getaway, this condo offers everything you've been looking for at unbeatable price. Schedule your showing today with your favorite agent and seize this incredible opportunity! Buyer to verify all information during due diligence.

Full Property Details for 507 W Beach Blvd #204

General

  • Price: $474,900
  • HOA FEE: $529/month
  • Taxes: $3,690
  • Status: Active
  • Type: Condo
  • Source: 934
  • MLS ID: 390301
  • Updated: 1/15/2026
  • Added to Site: 4 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s)
  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer/Dryer Stacked
  • Furnished: Yes
  • Furnishings: Furnished
  • Flooring: Tile, Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Double Vanity, Tub/Shower Combo

Bedrooms

  • Total Bedrooms: 3
  • Primary Bedroom: 11 x 15, Second, 165 Sq. Ft.
  • Bedroom 2: 10 x 12, Main, 120 Sq. Ft.
  • Bedroom 3: 11 x 12, Main, 132 Sq. Ft.

Other Rooms

  • Kitchen: 8 x 17, Main, 136 Sq. Ft.
  • Laundry: Common Area

Additional Information

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

Exterior

  • Porch/Patio/Deck: Covered, Porch-Open

Parking

  • Parking Features: Assigned

Location

  • Area: Gulf Shores 1
  • County: Baldwin
  • Subdivision: Ocean Reef
  • Driving Directions: Head south on Hwy 59 and turn west onto W Beach Blvd. Complex will be on the left.

School Information

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

Community

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

Heating & Cooling

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

Utilities

  • Utility Description: Cable Connected

Structural Information

  • Property Detached: Yes
  • Structure Type: Condo
  • Exterior Const.: Concrete Board
  • Entry Floor Number: 2
  • Stories/Levels: 2
  • Building Size: 987
  • Square Feet: 987
  • Sq. Ft. Source: Assessor
  • Year Built: 1982
  • Property Condition: Resale

Lot Features

  • Property View: Indirect Gulf Side

Water Features

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

Financial Considerations

  • Association Fee: $529
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $3,690

Disclosures and Reports

  • Ownership: Condominium
  • Legal Description: UNIT 204 OCEAN REEF CONDO IN THECITY OF GULF SHORES SEC 20- T9S-R4E (WD SURVIVORSHIP)
  • Property ID: 6604203000003.000.920

Listed by Exp Realty,Llc

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Listing agent

— 507 W Beach Blvd #204 —

  • Exp Realty,Llc

PHONE: 832-914-5012

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 507 W Beach Blvd #204 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/14/2026
Listed
$474,900
7.93%
MLS
12/22/2021
Sold
$440,000
—
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 #204

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,690
27%
$111,820
27%
2023
$2,895
—
$87,720
—
2022
$2,892
55%
$87,640
32%
2021
$1,870
—
$66,320
34%
2021
$1,870
20%
$49,360
4%
2019
$1,564
8%
$47,380
12%
2018
$1,446
19%
$42,440
19%
2017
$1,218
6%
$35,540
6%
2016
$1,153
—
$33,560
—
2015
$1,153
18%
$33,560
19%
2014
$977
10%
$28,220
10%
2013
$892
—
$25,660
—
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.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Exp Realty,Llc

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507 W Beach Boulevard #204, Gulf Shores, AL 36542 (MLS# 390301) is a Condo property with 3 bedrooms and 2 full bathrooms. 507 W Beach Boulevard #204 is currently listed for $474,900 and was received on January 14, 2026. Want to learn more about 507 W Beach Boulevard #204? 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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