1872 W Beach Blvd #H203, Gulf Shores, AL 36542

Description

***UP TO A $10,000 SELLER CONCESSION WITH ACCEPTABLE OFFER***. CAP RATE OF 7.7%!!! INCREDIBLE ROI!!! Use this concession to promote positive cash flow by buying your interest rate down; pre-paying HOA dues; paying for closing costs; or any other creative way you see fit!! Enjoy the best of coastal living in this beautifully updated 2-bedroom, 2-bath condo offering 1,064 square feet and an ideal location on Little Lagoon with deeded beach access directly across the street. Whether you are looking for a full-time residence, a second home, or an income-producing vacation rental, this fully furnished, rent-ready property offers exceptional versatility.Inside, the condo has been thoughtfully updated with a complete kitchen and bathroom remodel in 2023, creating a fresh, modern feel. Additional improvements include a new HVAC in 2022, new water heater in 2023, appliances replaced in 2024, smooth ceilings, tile flooring throughout, and new baseboards and trim. With stylish finishes and low-maintenance features, this unit is truly move-in ready.The complex offers an impressive array of amenities, including gated access, covered parking, multiple outdoor pools, green space, a private boat launch, a boat dock with first-come, first-served access, and a fish cleaning station. Enjoy the peaceful lagoon setting while also having convenient beach access just across the street.Perfectly suited as a primary residence, vacation home, or short-term rental investment, this property offers the opportunity to enjoy the coastal lifestyle while also benefiting from strong rental appeal.