RENTAL MACHINE IN THE CENTER OF GULF SHORES!!! This updated, fully furnished, beachfront Penthouse is the ultimate destination for getting away from it all, as well as an investors dream! Rental income produces incredible return on investment, with 2022 rentals totaling $83K and 2023 rentals at $71K so far, with a potential additional $14K to $16K in revenue with owners usage put back in! Located in the heart of Gulf Shores, this beautiful 3 bedroom 2 bathroom unit, which sleeps 10, delivers in every aspect! Leathered granite countertops, new LVL flooring and porcelain tile throughout, new full size washer and dryer combo, 3 year old HVAC system and water heater, and unobstructed views of Little Lagoon and the Gulf of Mexico from every room, are just a few of the priceless features of this amazing property. The low density Island Winds West building features a beautiful heated outdoor pool with covered patio area, kiddie pool, all new boardwalk installed in 2022 with poly decking, new fitness equipment installed in the fitness center within the past two years, a brand new roof installed in the Spring of 2023, and new poolside mens and womens restrooms currently under construction. The building was also upgraded in 2018/2019 with all new windows, sliding doors, and railings. Within walking distance to a multitude of restaurants and shops, this top floor corner unit will not disappoint!
Closed
$705,000
407 W Beach Blvd #880, Gulf Shores, AL 36542
3beds
1,234sqft
Condominium, Residential
Built in 1983
-- sqft lot
$680,000 Zestimate®
$571/sqft
$3,479 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 09, 2024 at 07:31pm
Listed by:
Jason Rees 251-504-2991,
RE/MAX Paradise
Bought with:
Shelby Chapman
Keller Williams AGC Realty - Orange Beach
Source: Baldwin Realtors,MLS#: 353840
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 252
- Dimensions: 14 x 18
Bedroom 2
- Level: Main
- Area: 120
- Dimensions: 12 x 10
Bedroom 3
- Level: Main
- Area: 168
- Dimensions: 12 x 14
Primary bathroom
- Features: Tub/Shower Combo
Kitchen
- Level: Main
- Area: 80
- Dimensions: 8 x 10
Heating
- Electric
Appliances
- Included: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer/Dryer Stacked
Features
- Ceiling Fan(s), En-Suite, High Speed Internet
- Flooring: Tile, Laminate
- Has basement: No
- Has fireplace: No
- Furnished: Yes
Interior area
- Total structure area: 1,234
- Total interior livable area: 1,234 sqft
Property
Parking
- Parking features: Parking Lot
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Pool features: Community, Association
- Has view: Yes
- View description: Direct Gulf Front
- Has water view: Yes
- Water view: Direct Gulf Front
- Body of water: Gulf of Mexico
Details
- Parcel number: 6604202000294.000915
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Residential
- Attached to another structure: Yes
Materials
- Stucco, Block
Condition
- Resale
- New construction: No
- Year built: 1983
Utilities & green energy
- Electric: Baldwin EMC
- Utilities for property: Cable Connected
Community & neighborhood
Security
- Security features: Smoke Detector(s), Fire Sprinkler System
Community
- Community features: BBQ Area, Common Lobby, Fitness Center, Internet, Pool, Landscaping, Satellite TV
Location
- Region: Gulf Shores
- Subdivision: Island Winds West
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,103 monthly
- Services included: Association Management, Cable TV, Insurance, Maintenance Grounds, Pest Control, Reserve Fund, Security, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool
Other
Other facts
- Ownership: Condominium
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$680,000
2% more+$13,600
With Zillow Showcase(estimated)$693,600