This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers 30 to 60 percent less than market value!
Off market
$276,200
501 Cotton Creek Dr UNIT 503, Gulf Shores, AL 36542
2beds
2baths
1,050sqft
Condo
Built in 1998
-- sqft lot
$276,200 Zestimate®
$263/sqft
$2,057 Estimated rent
Owner options
What's special
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$276,200
2% more+$5,524
With Zillow Showcase(estimated)$281,724