About 507 W Beach Boulevard Unit 102
Big Price Improvement! Looking for a solid real estate investment or just your own vacation getaway? Ocean Reef is a low-density beachside building right in the heart of Gulf Shores. You are close to all the action, only 1/4 mile from Hangout, making this an ideal location for rental, with the added benefit of one assigned parking space plus guest spots. BRAND NEW AC installed 7/10/25! This unit features ceramic tile in living spaces, carpet in the bedroom, and fresh paint on the walls. Unit is being sold furnished with updated furniture and appliances. Enjoy the BBQ grill area and landscaped pool area with recently installed new decking on front and back decks, or take a few steps right out to beautiful white sand right on the Gulf. Gross 2024 rental was nearly $39,000 through Airbnb and VRBO combined and 2025 is on track for same. Buyer to verify all information during due diligence.
Features of 507 W Beach Boulevard Unit 102
| MLS® # | 378094 |
|---|---|
| Price | $340,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 572 |
| Acres | 0.00 |
| Year Built | 1982 |
| Type | Residential |
| Sub-Type | Condominium |
| Status | Active |
Community Information
| Address | 507 W Beach Boulevard Unit 102 |
|---|---|
| Area | Gulf Shores 1 |
| Subdivision | Ocean Reef |
| City | Gulf Shores |
| County | Baldwin |
| State | AL |
| Zip Code | 36542 |
Amenities
| Amenities | BBQ Area, Covered Entry, Internet, Pool - Outdoor, Water Access-Deeded |
|---|---|
| Parking Spaces | 2 |
| Parking | Assigned, Covered |
| View | Northern View, Southern View |
| Is Waterfront | Yes |
| Waterfront | Deeded Access |
| Has Pool | Yes |
| Pool | Community, Association |
Interior
| Interior | Carpet, Tile |
|---|---|
| Interior Features | Ceiling Fan(s), En-Suite, Internet |
| Appliances | Dishwasher, Microwave, Electric Range, Refrigerator |
| Heating | Central |
| Cooling | Central Electric (Cool) |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
| Has Basement | No |
Exterior
| Exterior | Wood Siding |
|---|---|
| Exterior Features | Termite Contract |
| Construction | Resale |
| Foundation | Pilings |
School Information
| Elementary | Gulf Shores Elementary |
|---|---|
| Middle | Gulf Shores Middle |
| High | Gulf Shores High |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| HOA Fees | 285 |
| HOA Fees Freq. | Monthly |
Listing Details
| Office | Levin Rinke Realty |
|---|---|
| Contact Info | PHONE: 251-219-0055 |