497 Plantation Rd Unit 1139, Gulf Shores, AL 36542
- $324,900
- 2
- BD
- 2
- BA
- 847
- SqFt
- List Price
- $324,900
- Status
- ACTIVE
- Days on Market
- 90
- Price Change
- ▼ $4,100 1782985465
- MLS#
- 396005
- Subtype
- Residential
- Style
- Condo/Townhouse
- Year Built
- 1985
- Bedrooms
- 2
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 847
- Acres
- 7.70
- Subdivision
- Resort Conference Center
- Building Name
- Resort Conference Center
- MLS Area Major
- Baldwin
Property Description
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% gross ROI with potential to gross $48,000–$54,000 annually based on AirDNA comp data, this Gulf Shores condo is an absolute investor’s dream. Already operating as a 4.88-star Airbnb with Superhost status, this unit is turnkey and income-ready from day one. The complex is loaded with amenities : four outdoor pools, two outdoor hot tubs, an indoor pool, on-site dining, a coffee shop, pickleball, tennis, basketball, and sand volleyball courts, all within a gated beachside community. Beach access is steps away with toes in the sugar white sand in under three minutes.The 2BR/2BA unit itself sleeps 6 comfortably : king primary suite with ensuite bath, second bedroom with full bed and twin bunks, fully equipped kitchen, and a private balcony boasting gorgeous coastal water views.The kind of property guests rebook and owners love.Buyer to verify all information during due diligence.Gulf Shores Plantation offers 40 acres of gated, beautifully maintained beachfront property with 4,000 feet of shoreline and a wide variety of amenities. Residents and guests can enjoy multiple outdoor pools, an indoor pool, hot tubs, tennis courts, basketball, shuffleboard, grilling areas, lush courtyards, and relaxing swings throughout the grounds. If you’re looking for a comfortable coastal retreat in a well-maintained community with exceptional amenities, this condo is a must-see. Buyer to verify all information during due diligence.
Additional Information
- Interior Features
- Ceiling Fans, Split Bedroom Plan
- HOA Fee
- $506
- Building Name
- Resort Conference Center
- Financing
- Conventional, Cash
- Property Description
- Condo/Townhouse
- Flooring
- Tile, Carpet
- Appliances
- Disposal, Microwave, Dishwasher, Electric Range, Plumbed For Ice Maker, Smoke Detector
- Heating
- Electric
- Stories
- 1
- Roof
- Metal
- Parking Features
- Parking Lot
- Elementary School
- Orange Beach Elementary
- Middle School
- Orange Beach Middle
- High School
- Orange Beach High
- View
- Gulf
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Listing courtesy of eXp Realty, LLC.
© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .