517 E Beach Blvd #5C $265,000

    Close

    517 E Beach Blvd #5C Gulf Shores, AL 36542

    Closed
    SOLD 7/12/2019

    $265,000

    • 1 Beds
    • 1 Baths
    • 700 sq. ft.
    • Condo/Townhouse
    • MLS# 276248
    Favorite Share
    Views: 196

    Property Details

    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.

    • General Features
      • Area 1
      • Association Fees 488
      • County Baldwin
      • Property Type Residential Attached
      • Terms of Sale Cash, Conventional, FHA
      • Year Built 1998
    • Building Features
      • Apx Living Area 700
      • Appliances Dishwasher, Disposal, Icemaker, Microwave, Range-Electric, Refrigerator, Stack Washer/Dryer
      • Furnished Yes
      • Floors Carpet, Tile
      • Exterior Finish Stucco
      • Energy Saving Features Ceiling Fan(s)
      • Construction Foundation Slab and Piers
      • Condo Complex Clearwater
      • Condo Building Stories 8
      • Bedrooms 1
      • Community Amenities BBQ Area, Fire Sprinkler System, Internet, Pool - Outdoor, Pets - Allowed
      • Boat Facilities None
      • Full Bathrooms 1
      • Balcony Size 13 x 7
      • Style Condo
      • Property Interior Stories One
      • Property Amenities Bunk Alcove, Ceiling Fan(s), Internet
      • Master Bedroom Level Main Level
      • Master Bedroom Dimensions 13 x 9
      • Heat Cooling Central Electric
      • Half Bathrooms 0
    • Room Features
      • Kitchen Level Main Level
      • Kitchen Dimensions 7 x 9
    • Property Features
      • Water Property Type Deeded Access
      • View Direct Gulf Front

    Neighborhood

    Neighborhood Details available exclusively for My Property Finder members

    Market Last 30 Days In This Postal Code

    Market information available exclusively for My Property Finder members

    Property History

    Date Event Price Percent Change
    -- New in Database Source
    7/12/2019 2:00:00 AM Sold Source New Value: $265,000
    Information is provided in part by the IDX program of the Baldwin REALTORSĀ® Association. All information provided is deemed reliable but is not guaranteed and should be independently verified.

    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.