$300,000
$300,000
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2 Beds
2 Baths
750 SqFt
SOLD DATE : 04/27/2022
Key Details
Sold Price $300,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 750 sqft
Price per Sqft $400
Subdivision The Cove
MLS Listing ID 327258
Sold Date 04/27/22
Bedrooms 2
Full Baths 2
Construction Status Resale
HOA Fees $375/mo
Year Built 1984
Annual Tax Amount $582
Property Description
Amazing investment opportunity! This incredible investment property sits on the lagoon and across the street from the beautiful sugar white beaches of the Gulf of Mexico. This unit is in good condition, rents consistently and has room for your creative custom touch to make this your perfect coastal getaway. Whether you are looking to own a beach getaway for personal use or looking for an outstanding investment opportunity, THIS unit checks all the boxes. Located lagoon side, with deeded access, boat ramp and fishing pier, within walking distance to beach, restaurants, retail and activities makes this a favorite for vacationers. This unit overlooks the pool and has a nice balcony area to take in the salt air. Rental projection based on 50% occupancy is $28,000/year! Low monthly condo fees, low purchase price along with the outstanding possible rental income makes this property a top pick for an investment! Load up the water toys, fishing gear and beach chairs then head on down to make this your new beach home! Make an appointment to see TODAY! All information provided is deemed reliable, but is not guaranteed and should be independently verified.
Location
State AL
County Baldwin
Area Gulf Shores 1
Interior
Interior Features Ceiling Fan(s), Vaulted Ceiling(s)
Cooling Central Electric (Cool)
Flooring Carpet, Tile
Fireplace Yes
Appliance Dishwasher, Disposal, Electric Range, Refrigerator w/Ice Maker
Laundry Main Level
Exterior
Parking Features Attached, Assigned, Covered, Deeded, Parking Lot
Pool Community, Association
Community Features BBQ Area, Condo 1-Bdrms in Complex, Condo 2-Bdrms in Complex, Fishing, Gazebo, Internet, Landscaping, Pool - Outdoor, Water Access-Deeded
Utilities Available Gulf Shores Utilities, Cable Connected
Waterfront Description Gulf Accs (<=1/4 Mi),Lagoon Front - Building
View Y/N Yes
View Pool Area View
Roof Type Metal
Garage No
Building
Lot Description Waterfront
Story 2
Foundation Pillar/Post/Pier, Slab
New Construction No
Construction Status Resale
Schools
Elementary Schools Gulf Shores Elementary
High Schools Gulf Shores High
Others
Pets Allowed Owners Only
HOA Fee Include Association Management,Cable TV,Common Area Insurance,Maintenance Grounds,Pest Control,Recreational Facilities,Taxes-Common Area,Trash,Water/Sewer,Internet,Pool
Ownership Condominium
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Bought with Sweet Life Realty, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "