Oceanfront studio sunsuite that generates well over $30,000 annually in income, so it's a great investment. Located in nice tropical garden environment with tons of indoor & outdoor amenities on a private beach. Just totally renovated with new luxury vinyl plank flooring, custom kitchen cabinets, granite counters, brand new HVAC system & water heater, freshly painted, & new furnishings & appliances & cast iron porcelain sink. New photos coming. Best deal you will find on any beach anywhere. Sale includes all of the furniture & decor & personal items & repeat rental clients that will benefit the new owner's gross income greatly. Super investment that will keep paying dividends to the buyer for years to come. This is NOT a timeshare. It is a wholly owned condo. It can be a full-time residence or a second home or rented out short-term or long-term. Seller will enter into contract with buyer to manage the property entirely, including all rentals, to make this a turnkey hassle-free investment. Present owner continues to manage the property & rentals for new owner & at homeowner meetings & functions. Use it all you want & otherwise just cash checks to pay the bills. Great investment deal! Will consider some owner financing with a substantial down payment on a very short term basis at well above market rates. Possible discount for all cash sale. Not interested in anyone who needs bank financing. Also have similar resort vacation mountaintop condos for sale in East Tennessee in Gatlinburg near Dollywood & on Beech Mountain in the Blue Ridge of Western North Carolina, if you want to purchase an investment package that will appreciate in value & give you diversified income. Reduced for quick all cash sale. This is the best complex you will find on the entire Gulf Coast & has more indoor & outdoor amenities than you will find anywhere. ATTENTION ALL REALTORS: Please do NOT call & ask to list this property for sale, as I am NOT going to list it with ANY Realtor. However, please DO submit to me any & all cash offers in writing from your clients with a 2% sales commission written into the contract, as I am working with all realtors on that basis alone. Thank you!
Off market
$199,500
497 Plantation Rd APT 1262, Gulf Shores, AL 36542
1beds
464sqft
Condo
Built in 1985
-- sqft lot
$-- Zestimate®
$430/sqft
$1,307 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Heat pump, Other, Electric
Cooling
- Central, Other
Appliances
- Included: Dishwasher, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator
Features
- Flooring: Linoleum / Vinyl
Interior area
- Total interior livable area: 464 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Stucco, Wood products, Cement / Concrete, Metal
- Has spa: Yes
- Has view: Yes
- View description: Park, Territorial, Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 7.70 Acres
Details
- Parcel number: 6809290000003006989
Construction
Type & style
- Home type: Condo
Materials
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1985
Community & neighborhood
Community
- Community features: Fitness Center
Location
- Region: Gulf Shores
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $253 monthly