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$359,000
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Property Description
Looking for your piece of paradise? This cozy, coastal condo offers the perfect beachside retreat with 2 bedrooms, 1 bathroom, and charming light and airy furnishings and décor throughout. Enjoy balcony access from both bedrooms and the living area, with views overlooking the sparkling pool. The unit features durable luxury vinyl plank flooring throughout and a fully equipped kitchen with painted cabinets, overlooking the breakfast area-ideal for a vacation getaway or investment property. Additional highlights include assigned owner parking, easy beach access just steps away, a large outdoor pool area with grills and plenty of seating, and a convenient laundry facility underneath the condo. The HVAC unit was replaced in September 2023. Located in a prime spot within walking distance to popular restaurants, shopping, and entertainment. Don't miss out on this fantastic opportunity! Buyer to verify all information during due diligence.
Full Property Details
Full Property Details for 507 W Beach Blvd #502
General
- Price: $359,000
- HOA FEE: $366/month
- Taxes: $2,207
- Status: Active
- Type: Condo
- Source: 934
- MLS ID: 363184
- Updated: 12/22/2025
- Added to Site: 585 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Internet
- Appliances: Dishwasher, Microwave, Electric Range, Refrigerator w/Ice Maker
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Luxury Vinyl Plank
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
- Kitchen: 8 x 8, Main, 64 Sq. Ft.
- Dining Room: Lvg/Dng Combo
- Laundry: Common Area
Additional Information
- Shared Amenities: BBQ Area, On-Site Management, Pool - Outdoor, Water Access-Deeded
- Pool: Yes
- Pool Description: Community, Association
- Security/Safety: Fire Sprinkler System
Parking
- Parking Features: Assigned, Covered, Parking Lot
Location
- Area: Gulf Shores 2
- County: Baldwin
- Subdivision: Ocean Reef
- Driving Directions: South on Hwy. 59 in Gulf Shores, right onto W. Beach Blvd. Complex on left, approx. 1/2 mile from intersection.
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, Common Area Insurance, Maintenance Grounds, Pest Control, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool
- Units Assoc/Comm: 45
- Pets Allowed: Yes
Heating & Cooling
- Heating Type: Electric
Utilities
- Utility Description: Cable Connected
Structural Information
- Property Detached: Yes
- Structure Type: Condo
- Exterior Const.: Concrete Board
- Entry Floor Number: 1
- 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, Pool Area View
Water Features
- Water Front: Yes
- Water Front Name: Gulf of Mexico/America
- Water Front View: Gulf Front - Building
Financial Considerations
- Association Fee: $366
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,207
Disclosures and Reports
- Ownership: Condominium
- Legal Description: UNIT 502 OCEAN REEF CONDO SEC 20-T9S-R4E (ST WD)
- Property ID: 6604203000003.0009
Listed by RE/MAX of Orange Beach
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Price & Sales History for 507 W Beach Blvd #502
Date
Details
Price
Change
Source
12/22/2025
Price Reduced
$359,000
-2.97%
MLS
9/25/2025
Price Reduced
$370,000
-1.33%
MLS
8/12/2025
Price Reduced
$375,000
-8.54%
MLS
7/24/2025
Price Reduced
$410,000
-1.2%
MLS
6/04/2025
Price Reduced
$415,000
-3.49%
MLS
3/27/2025
Price Reduced
$430,000
-3.37%
MLS
8/20/2024
Price Reduced
$445,000
-1.11%
MLS
6/12/2024
Listed
$450,000
7.14%
MLS
8/23/2023
Sold
$420,000
—
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 #502
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,614
18%
$79,200
18%
2023
$2,208
29%
$66,900
29%
2022
$1,711
5%
$51,840
7%
2021
$1,625
—
$48,240
7%
2021
$1,625
18%
$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 #502
507 W Beach Boulevard #502, Gulf Shores, AL 36542 (MLS# 363184) is a Condo property with 2 bedrooms and 1 full bathroom. 507 W Beach Boulevard #502 is currently listed for $359,000 and was received on June 12, 2024. Want to learn more about 507 W Beach Boulevard #502? 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.

