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$382,300
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Property Description
Seller offering to cover 12 months of HOA dues to new buyer. This charming Beachfront condo is in a low density, two storied complex that offers a fantastic partial ocean view and quick access to the beach. Located in the heart of Gulf Shores, Ocean Reef is within walking distance to the Hang Out, local restaurants, and popular attractions. From this unit you will have views of the courtyard pool and the Gulf of Mexico. This short-term rental has covered parking as well as a large outdoor deck. Don't miss out on this rare opportunity to own a piece of Gulf Shores paradise! Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 507 W Beach Blvd #402
General
- Price: $382,300
- HOA FEE: $336/month
- Taxes: $2,317
- Status: Active
- Type: Condo
- Source: 934
- MLS ID: 377610
- Updated: 12/20/2025
- Added to Site: 278 day(s) ago
Interior
- Interior Features: Ceiling Fan(s)
- Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Refrigerator w/Ice Maker
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
- Primary Bedroom: 12 x 10, Main, 120 Sq. Ft.
- Bedroom 2: 10 x 12, Main, 120 Sq. Ft.
Other Rooms
- Living Room: 11 x 24, Main, 264 Sq. Ft.
- Kitchen: 8 x 8, Main, 64 Sq. Ft.
Additional Information
- Shared Amenities: Pool - Outdoor
- Pool: Yes
- Pool Description: Community, Association
Parking
- Parking Features: Covered
Location
- Area: Gulf Shores 1
- County: Baldwin
- Subdivision: Ocean Reef
- Driving Directions: From the intersection of 59 and beach road, turn right (west). travel a short distance, approximately a half mile, and the condo is on the left on the corner of Beach Blvd and W 4th St.
School Information
- Elementary School: Gulf Shores Elementary
- Middle School: Gulf Shores Middle
- High School: Gulf Shores High
Community
- Association: Yes
- Assoc. Fees Include: Common Area Insurance, Maintenance Grounds, Trash, Water/Sewer, Internet, Pool
- Units Assoc/Comm: 45
Heating & Cooling
- Heating Type: Electric, Central
Structural Information
- Property Detached: Yes
- Structure Type: Condo
- Exterior Const.: Concrete Board
- Entry Floor Number: 2
- Stories/Levels: 1
- Building Size: 720
- Square Feet: 720
- 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 Side - Building, Gulf Front - Building
Financial Considerations
- Association Fee: $336
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,317
Disclosures and Reports
- Ownership: Condominium
- Property ID: 6604203000003.000.926
Listed by Lewis & Co. Real Estate
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Price & Sales History for 507 W Beach Blvd #402
Date
Details
Price
Change
Source
12/20/2025
Price Reduced
$382,300
-0.03%
MLS
12/16/2025
Price Reduced
$382,400
-0.03%
MLS
12/01/2025
Price Reduced
$382,500
-1.92%
MLS
11/04/2025
Price Reduced
$389,990
-2.5%
MLS
4/15/2025
Listed
$399,990
9.59%
MLS
3/03/2022
Sold
$365,000
—
Public Record
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
Tax History for 507 W Beach Blvd #402
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,744
18%
$83,160
18%
2023
$2,318
29%
$70,240
29%
2022
$1,797
5%
$54,440
7%
2021
$1,705
—
$50,660
12%
2021
$1,705
24%
$45,080
8%
2019
$1,378
13%
$41,760
16%
2018
$1,221
16%
$36,000
16%
2017
$1,055
19%
$30,960
19%
2016
$888
—
$25,920
—
2015
$888
12%
$25,920
12%
2014
$793
10%
$23,040
10%
2013
$722
—
$20,880
—
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
Estimate the Cost for 507 W Beach Blvd #402
507 W Beach Boulevard #402, Gulf Shores, AL 36542 (MLS# 377610) is a Condo property with 2 bedrooms and 1 full bathroom. 507 W Beach Boulevard #402 is currently listed for $382,300 and was received on April 15, 2025. Want to learn more about 507 W Beach Boulevard #402? 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.

