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Archived almost 3 years ago

$495,000

2 bd 2 ba 882 sqft

511 E Beach Blvd, Gulf Shores, AL 36542

Residential SFR

Current Rent **

$200

Projected Rent **

$290

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Gulf Shores, AL Beachfront Rental

Highly sought-after LOW DENSITY condo complex is located in the heart of Gulf Shores about one mile east of theHang Out. A Real Beautiful and Cozy Unit, Super Clean and Fully Stocked! Sit comfortably on your leather couch that is a pull out sofabed and have a view of the Gulf! On the deck not only can you see the Crystal Waters but you can see the pool below. This Beachfronthaven is a Great RENTAL INVESTMENT and is currently under a Self-managed Rental Program. Sleeps up to 6 comfortably. There isTile Flooring throughout, Granite Countertops, Stainless Steel Appliances, Updated Cabinetry and Fixtures, plus a Custom Tile Tub/Shower Combo. The A/C unit is a 2 ton 14 seer and less than 2 years old. Added Complex Benefits: Covered Parking, Each Floor hasa convenient Laundry Center, and there is an Owner Storage Closet downstairs by the pool. THE GULF HOUSE is Walking distance tomany Restaurants, Shopping, and Entertainment. Contact Angie Jones #251.978.4168 for for Rental info.

Location:

511 E Beach Blvd, 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.