Do Real Estate on the Go!
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Do Real Estate on the Go!
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$324,900
2 Beds
2 Baths2 full baths
847sqft
497 Plantation Road #1139, Gulf Shores, AL 36542
$324,900
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Condominium
Built in 1985
$506/mo HOA
7.7 acres lot
$384/sq.ft
Description
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% gross ROI with potential to gross $48,000–$54,000 annually based on AirDNA comp data, this Gulf Shores condo is an absolute investor’s dream. Already operating as a 4.88-star Airbnb with Superhost status, this unit is turnkey and income-ready from day one. The complex is loaded with amenities : four outdoor pools, two outdoor hot tubs, an indoor pool, on-site dining, a coffee shop, pickleball, tennis, basketball, and sand volleyball courts, all within a gated beachside community. Beach access is steps away with toes in the sugar white sand in under three minutes.The 2BR/2BA unit itself sleeps 6 comfortably : king...
Continue Reading- Houzeo last checked: 45 Minutes ago
- Listing updated: June 15, 2026 at 5:28 pm
- Listing Provided by: Justin Powell (217) 520-7925 | EXP REALTY,LLC (888) 923-5547
- Source: Baldwin County AOR MLS-AL | MLS#: 396005
Property Details
Status
Active
Type
Condominium
No. of Stories
1
County
City
Neighborhood
--
Year Built
1985
HOA Fees
$506/mo
Finished Area
847 sqft
Lot Size
7.7 acres lot
Basement Area
- sqft
MLS Name
Baldwin County AOR MLS
MLS Number
396005
MLS Status
Active
Days on Market
46
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
