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Contingent On Sale Status Condo
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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.

Address: 517 E Beach Blvd
State: AL
City: Gulf Shores
County: Baldwin
Zip Code: 36542
MLS#: 276248
MLS Area: Gulf Shores 1
Taxes: $1,534

Interior Details

  • Appliances:Dishwasher, Disposal, Icemaker, Microwave, Range-Electric, Refrigerator, Smoke Detector, Stack Washer/Dryer
  • Amenities:Bbq Area, Fire Sprinkler System, Internet, Pool - Outdoor, Pets - Owners Only, Pets - Allowed, Water Access-Deeded
  • Features:
  • Furnished:
  • Floor Type:Carpet, Tile
  • Cooling:
  • Heating:
  • Extras:Beach Side - Building,Deeded Access,Gulf Front - Building
  • Other Rooms:

Rooms

  • Master Bedroom13 x 9
  • Master Bathroom DescriptionGarden Tub
  • Balcony13 x 7
  • Kitchen7 x 9

Exterior Details

  • Home Construction
  • Features:
  • Exposure:
  • Roof Type:
  • Garage Spaces:0
  • Pool:No
  • Utilities:Gulf Shores Utilities
  • Lot Description:
  • View:Direct Gulf Front,Southern View
  • Exterior:Stucco

Community Details

  • HOA: $488/Monthly
    Fees Include:
    Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Recreational Facilities, Reserve Funds, Security, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool

Rental Information

  • Rental Income:$0
  • Rental Number:0
  • Directions:From the bottom of Gulf Shores Pkwy turn East onto Beach blvd and Clearwater will be on the beachside approx a mile.

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Property Information Last Updated: 6/17/2019 10:02:58 AM
Property Listed By RE/MAX of Gulf Shores



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