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Archived over 1 year ago

$445,000

3 bd 2 ba

1226 Portside Ln, Gulf Shores, AL 36542

Residential Vacation Rental

Current Rent **

N/A

Projected Rent **

$10,000+

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Boater's DREAM! Alabama Gulf Coast Investment & Vacation Condo!

This Sailboat Bay condo is a boater's dream!

Launch your boat on-site and have quick access to Bon Secour River, Mobile Bay, the Intracoastal Waterway, and the Gulf! When you're back from fishing or cruising, dock in your assigned boat slip steps from your unit. A 15,000 lb. boat lift is installed and ready to go! Keep your gear inside the additional storage locker. On-site boat trailer parking is also available in the designated area.

When you return from boating, enjoy your stay inside this completely remodeled unit. No expense was spared from granite counters, to flooring, to fixtures and finishes! You have to see it to realize the amount of work that went into this unit. The open floorplan makes it a great place to socialize but also provides enough room for everyone. Relax on the large screened-in balcony and enjoy Western sunset views!

Amenities include two pools, sauna, fitness room, pickleball / tennis courts, clubhouse, and a three-acre park area. Escape the hustle-and-bustle with this secluded location, while still being less than 5 miles to highway 59, and less than 7 miles to the beach!

This is a quiet and peaceful gated community. Rentals are restricted to minimum 30 days. Come see this amazing unit and make it your home or vacation spot!

Cory Skipper, MBA, REALTOR
Gulf Group at EXP Realty

Location:

1226 Portside Ln, Gulf Shores, AL 36542

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.