Rental Machine! Gulf-Front Studio in a Family-Friendly Resort. Welcome to your relaxing beach getaway! This gulf-front studio is located in one of the most sought-after destinations along the Alabama coast. Situated on the Gulf of Mexico in beautiful Fort Morgan, this resort offers a peaceful retreat away from the hustle and bustle of Gulf Shores — yet still just a short drive to shopping, dining, and entertainment. Enjoy the beautiful sugar-white sand beaches, perfect for spreading out, relaxing, and soaking up the sun without the crowds.Resort amenities include 6 outdoor swimming pools, 2 outdoor hot tubs, indoor hot tub, sauna & fitness center, tennis, putting green, volleyball, basketball & shuffleboard courts, laundry facilities (credit card friendly), boardwalks, BBQ areas & picnic spaces. There is also on on-site restaurant, ice cream shop, and coffee shop.Whether you’re looking for a family vacation spot, an investment property, or a peaceful couple’s escape, this studio offers everything you need. Leave your stress behind, breathe in the salty air, and put your toes in the sand. This unit is currently listed on Airbnb and gross rents for 2024 were $31,134 with 2025 on track to do similar numbers. This unit has a cap rate of 9.8%. Buyer to verify all information during due diligence.
Closed
$190,000
497 Plantation Rd APT 1263, Gulf Shores, AL 36542
0beds
464sqft
Condominium, Residential
Built in 1985
-- sqft lot
$191,000 Zestimate®
$409/sqft
$1,312 Estimated rent
Home value
$191,000
$181,000 - $201,000
$1,312/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: September 22, 2025 at 12:53pm
Listed by:
Melissa Lohmeier PHONE:251-256-6231,
RE/MAX of Orange Beach
Bought with:
Pam Patience
Goode Realty, LLC
Source: Baldwin Realtors,MLS#: 383223
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Electric, Central
Appliances
- Included: Dishwasher, Microwave, Electric Range, Refrigerator
- Laundry: Common Area
Features
- Ceiling Fan(s), High Speed Internet
- Flooring: Tile, Luxury Vinyl Plank
- Has basement: No
- Has fireplace: No
- Fireplace features: None
- Furnished: Yes
Interior area
- Total structure area: 464
- Total interior livable area: 464 sqft
Property
Parking
- Parking features: Parking Lot
Features
- Levels: One
- Stories: 1
- Exterior features: Termite Contract
- Has private pool: Yes
- Pool features: Community, In Ground, Association
- Has spa: Yes
- Spa features: Community, Heated
- Has view: Yes
- View description: Indirect Gulf Side
- Has water view: Yes
- Water view: Indirect Gulf Side
- Waterfront features: Gulf Front - Building
- Body of water: Gulf of Mexico/America
Details
- Parcel number: 6809290000003.006.990
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Residential
- Attached to another structure: Yes
Materials
- Concrete, Hardboard, Frame
- Foundation: Slab
Condition
- Resale
- New construction: No
- Year built: 1985
Utilities & green energy
- Electric: Baldwin EMC
- Utilities for property: Cable Connected
Community & neighborhood
Security
- Security features: Gated with Guard
Community
- Community features: BBQ Area, Fitness Center, Internet, Pool, Steam/Sauna
Location
- Region: Gulf Shores
- Subdivision: Resort Conference Center
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $232 monthly
- Services included: Association Management, Cable TV, Insurance, Maintenance Grounds, Recreational Facilities, Reserve Fund, Security, Trash, Water/Sewer, Internet, Pool
Other
Other facts
- Price range: $190K - $190K
- Ownership: Condominium
Price history
| Date | Event | Price |
|---|---|---|
| 9/22/2025 | Sold | $190,000-9.5%$409/sqft |
Source:  Baldwin Realtors #383223 Report a problem | ||
| 9/12/2025 | Pending sale | $209,900$452/sqft |
Source: Baldwin Realtors #383223 Report a problem | ||
| 8/5/2025 | Listed for sale | $209,900+99.9%$452/sqft |
Source: Baldwin Realtors #383223 Report a problem | ||
| 4/13/2017 | Sold | $105,000-4.5%$226/sqft |
Source: Baldwin Realtors #234486 Report a problem | ||
| 12/6/2016 | Listed for sale | $109,900$237/sqft |
Source: RE/MAX of Orange Beach #234486 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,169 +4.7% | $41,760 +4.7% |
| 2024 | $1,117 +2.4% | $39,900 +2.4% |
| 2023 | $1,091 | $38,980 +20% |
Find assessor info on the county website
Neighborhood: 36542
Nearby schools
GreatSchools rating
- 4/10Foley Elementary SchoolGrades: PK-6Distance: 17.1 mi
- 4/10Foley Middle SchoolGrades: 7-8Distance: 17.1 mi
- 7/10Foley High SchoolGrades: 9-12Distance: 15.9 mi
Schools provided by the listing agent
- Elementary: Foley Elementary,Foley Intermediate
- Middle: Foley Middle
- High: Foley High
Source: Baldwin Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$191,000
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With Zillow Showcase(estimated)
$194,820
- Alabama
- Baldwin County
- Gulf Shores
- 36542
- 497 Plantation Rd Apartment 1263