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$499,900 Just Listed

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 2 Full Baths
  • 676 Sq. Ft.
  • Updated 2 days ago
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This rare 1Br/2bath offering at Royal Palms is on the beach in Gulf Shores next to the State Park, pier and conference center offers a direct view of the Gulf of Mexico and State Park beaches, making it an ideal second home and rental income producer. Royal Palms is exceptionally well managed with solid finances, a very small insurance assessment and low HOA dues of less than $500/month. This is a super-clean, well-run complex with top-notch amenities - covered parking, a parking deck, indoor and outdoor pools, a hot tub, exercise room, and barbecue area It's in easy walking distance to the restaurants and shops in the heart of Gulf Shores, the State Park Pier and restaurants, and walking and biking trails. The property features an open-concept design, encompassing one well-appointed bedroom and two full bathrooms, hall bunks for increased rental income, with ample space for comfortable living. Constructed in 2000, this delightful unit spans approximately 676 square feet, situated on the fifth floor of a 14-story building, ensuring captivating vistas from your living and dining areas. The unit conveys furnished for your convenience and features essential appliances such as a dishwasher, microwave, and stacked washer/dryer. Short-term rentals are allowed, presenting an excellent opportunity for investment income. Ideal for beach lovers and anyone looking to embrace a coastal lifestyle, this condo is not to be missed. Schedule an appointment for a private showing today. Buyer to verify all information during due diligence.

Full Property Details for 561 E Beach Blvd #UNIT 502

General

  • Price: $499,900
  • HOA FEE: $490/month
  • Taxes: $3,435
  • Status: Active
  • Type: Condo
  • Source: 934
  • MLS ID: 412339
  • Updated: 10/23/2026
  • Added to Site: 3 day(s) ago

Interior

  • Interior Features: En Suite, Internet, Bunk Alcove, Ceiling Fan(s)
  • Appliances: Dryer, Microwave, Dishwasher, Refrigerator, Electric Range, Washer/Dryer Stacked, Plumbed For Ice Maker, Smoke Detector
  • Furnished: Yes
  • Furnishings: Furnished

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 1

Additional Information

  • Shared Amenities: Gazebo, BBQArea, Internet, Landscaping, SpaHotTub, SteamSauna, MeetingRoom, PetsAllowed, CoveredEntry, ExerciseRoom, GuardAtGate, PetsOwnersOnly, WaterAccessDeeded, FireSprinklerSystem, WheelchairAccessible, MoreThanTwoPetsAllowed, CondoOneBedroomsInComplex, CondoTwoBedroomsInComplex
  • Pool Description: Fenced, In Ground, Above Ground
  • Spa Description: Outdoor Hot Tub

Exterior

  • Exterior Features: Outdoor Shower

Parking

  • Parking Features: Detached, Condo Lot Parking, Condo Covered Parking

Location

  • County: Baldwin
  • Subdivision: Royal Palms
  • Driving Directions: South on 59 to the beach and turn left/East

School Information

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

Community

  • Association: Yes
  • Assoc. Fees Include: Pool, Trash, Cable TV, Internet, Security, Electricity, Pest Control, Recreation Facilities, Telephone, Water Sewer, Reserve Funds, Taxes Common Area, Custodial Services, Common Area Insurance, Association Management, Common Area Maintenance
  • Pets Allowed: Yes

Heating & Cooling

  • Heating Type: Electric

Utilities

  • Utility Description: Baldwin EMC, Cable

Structural Information

  • Architectural Style: Condo
  • Roof: Built Up Flat
  • Windows: Window Treatments
  • Stories/Levels: 1
  • Building Size: 676
  • Square Feet: 676
  • Sq. Ft. Source: Tax Records
  • Year Built: 2000

Lot Features

  • Property View: Direct Gulf Front

Water Features

  • Water Front Name: Gulf Of Mexico / America
  • Water Front View: Gulf Front, Beach Side Building, Gulf Front Building

Financial Considerations

  • Association Fee: $490
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $3,435

Disclosures and Reports

  • Ownership: Condominium
  • Legal Description: Unit # 502 Royal Palms Condo In The City Of Gulf Shoressec 2 1-T9s-R4e (Wd Survivorship)
  • APN: 66-05-21-1-000-016.000.923

Listed by Coldwell Banker Coastal Realty - Gulf Shores

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Listing agents

— 561 E Beach Blvd #UNIT 502 —

  • Coldwell Banker Coastal Realty - Gulf Shores

  • Coldwell Banker Coastal Realty - Gulf Shores

251-948-5200

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 561 E Beach Blvd #UNIT 502 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/23/2026
Listed
$499,900
48.78%
MLS
2/14/2020
Sold
$336,000
—
Public Record
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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 561 E Beach Blvd #UNIT 502

Year
Property Taxes
Change
Tax Assessment
Change
2026
$3,460
-3%
$104,100
-4%
2024
$3,569
25%
$108,160
25%
2023
$2,855
23%
$86,520
23%
2022
$2,320
9%
$70,300
11%
2021
$2,128
—
$63,540
6%
2021
$2,128
8%
$60,160
1%
2019
$1,963
8%
$59,480
10%
2018
$1,816
3%
$54,080
3%
2017
$1,771
6%
$52,720
6%
2016
$1,673
18%
$49,760
19%
2015
$1,414
12%
$41,920
13%
2014
$1,258
4%
$37,180
4%
2013
$1,213
—
$35,820
—
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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561 E Beach Boulevard #UNIT 502, Gulf Shores, AL 36542 (MLS# 412339) is a Condo property with 1 bedroom and 2 full bathrooms. 561 E Beach Boulevard #UNIT 502 is currently listed for $499,900 and was received on October 23, 2026. Want to learn more about 561 E Beach Boulevard #UNIT 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.

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