So Investors this unit should yield over 12.5% in 2019 based on the income already booked for the rest of the year. Yielded 11.5% in 2018 . This condo has grossed over $30,000 pa for the last 5 years and income only getting higher, Not many units on the market today offer such a strong income and high yield. Clearwater Condominium has undergone extensive updating including a new roof, stucco, repainted, new elevator, landscaping and new communal grill area by the pool. This well presented 1 bedroom condo in the heart of Gulf Shores with amazing direct gulf front views across the sugar white sandy beach and the Gulf of Mexico is tastefully decorated throughout with granite and hard wood cabinets in the kitchen and breakfast bar, tiled open plan living space leading directly onto the south facing balcony. The bedroom is well proportioned with private access to the bathroom, full length bunks in the hallway are ideal for the rental market. Turn key and ready to go this is the perfect set up for a no hassle rental investment or 2nd home.
Off market
$1,381,100
517 E Beach Blvd APT 5C, Gulf Shores, AL 36542
1beds
700sqft
SingleFamily
Built in 1998
1.05 Acres Lot
$-- Zestimate®
$1,973/sqft
$1,406 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Ceiling Fan(s), Internet, Bunk Alcove
- Flooring: Tile, Carpet
Interior area
- Total interior livable area: 700 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Stucco
- Pool features: Outdoor Pool
- Waterfront features: Beach Side - Building, Gulf Front - Building
- Body of water: Gulf of Mexico
Lot
- Size: 1.05 Acres
Details
- Parcel number: 6605212000181
Construction
Type & style
- Home type: SingleFamily
Materials
- Foundation: Slab
Condition
- Year built: 1998
Community & neighborhood
Security
- Security features: Smoke Detector(s), Fire Sprinkler System
Location
- Region: Gulf Shores
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $488 monthly
- Amenities included: Internet, Pool - Outdoor, Pets - Allowed, Fire Sprinkler System, Water Access-Deeded, Pool, Security, Recreation Facilities, Association Management, Cable TV, Pest Control, Reserve Funds, Taxes-Common Area, Trash, Water, Barbecue
- Services included: Trash, Security, Pest Control, Cable, Common Area Maintenance, Association Management, Internet, Common Area Insurance, Taxes-Common Area, Reserve Funds, Water/Sewer
Other
Other facts
- Flooring: Carpet, Tile
- Appliances: Dishwasher, Refrigerator, Disposal, Smoke Detector, Microwave, Electric Range, Washer/Dryer Stacked, Ice Maker
- InteriorFeatures: Ceiling Fan(s), Internet, Bunk Alcove
- HeatingYN: true
- AssociationFeeIncludes: Trash, Security, Pest Control, Cable, Common Area Maintenance, Association Management, Internet, Common Area Insurance, Taxes-Common Area, Reserve Funds, Water/Sewer
- ConstructionMaterials: Stucco
- PropertyAttachedYN: true
- CommunityFeatures: BBQ Area, Pool - Outdoor, Internet, Fire Sprinkler System, Water Access-Deeded
- WaterBodyName: Gulf of Mexico
- Cooling: Central Air
- BuildingFeatures: BBQ Area, Pool - Outdoor, Internet, Fire Sprinkler System, Pets - Allowed, Water Access-Deeded, Pets - Owners Only
- BuildingName: Clearwater
- AssociationAmenities: Internet, Pool - Outdoor, Pets - Allowed, Fire Sprinkler System, Water Access-Deeded, Pool, Security, Recreation Facilities, Association Management, Cable TV, Pest Control, Reserve Funds, Taxes-Common Area, Trash, Water, Barbecue
- Heating: Central Electric
- PoolFeatures: Outdoor Pool
- SecurityFeatures: Smoke Detector(s), Fire Sprinkler System
- WaterfrontFeatures: Beach Side - Building, Gulf Front - Building
- ExteriorFeatures: Internet, Bunk Alcove