Indulge in coastal living at its finest at Ocean Reef Condos. Exquisite 2-bedroom, 2-bath condo in Gulf Shores, within walking distance of The Hangout, restaurants and shopping. Perfect for 6-8 guests, this fully furnished gem boasts upscale beach decor, covered parking for 2 cars, and a unique office/study area adds 80 sq ft of living area. Granite counters, wood plank tile floors and an electric fireplace, every detail exudes luxury. Enjoy the best tropical pool area, just steps from the Gulf of Mexico. Gross income of $39, 850 for 2022, $25, 671 for 2023, with a projected annual income of $38, 000 per year, this low-density complex of 45 units offers wood plank porcelain tile, 200' of deeded beach access, and the promise of a dreamy beachside lifestyle. 2024 Summer Rental Bookings look great for this ultimate getaway and income-producing investment!
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 12 x 11
- Bedroom 2 Dimensions: 20 x 12
- Primary Bedroom Level: Main Level
- Bedroom 2 Level: 2
Appliances
- Dishwasher
- Disposal
- Microwave
- Range-Electric
- Refrigerator w/Ice Maker
Bathrooms
- Full Bathrooms: 1
- 1/2 Bathrooms: 1
Interior Features
- Furnished Description: Yes
- Flooring: Carpet, Tile
Kitchen and Dining
- Dining Area Description: Lvg/Dng Combo
- Dining Room Dimensions: 8 x 8
- Dining Room Level: Main Level
- Kitchen Dimensions: 9 x 9
- Kitchen Level: Main Level
Heating and Cooling
- Number of Fireplaces: 1
- Central Electric
- Central Heat
Other Rooms
- Den Dimensions: 10 x 6
- Living Room Dimensions: 24 x 12
- Den Level: 2
- Living Room Level: Main Level
Waterfront and Water Access
- Water Body Name: Gulf of Mexico
- Gulf Front - Building
Exterior and Lot Features
Land Info
- Lot Size Acres: 2.006428
- Lot Size Square Feet: 87400
Home Features
- View: Indirect Gulf Side, Pool Area View
Amenities and Community Features
- Cable
- Internet
- Split Bedroom Plan
- Termite Contract
- Window Treatments
Homeowners Association
- Association: Yes
- Association Fee: 400
- Association Fee Frequency: Monthly
- Association Fee Amenities: BBQ Area, Internet, Landscaping, Laundry Facilities, Pool - Outdoor, Pets - Allowed, Water Access-Deeded
- Association Fee Includes: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Custodial Services, Internet, Pest Control, Pool, Recreational Facilities, Reserve Funds, Taxes-Common Area, Trash, Water/Sewer
- Calculated Total Monthly Association Fees: 400
School Information
- Elementary School: Gulf Shores Elementary
- High School: Gulf Shores High
- Middle School: Gulf Shores Middle
Other Property Info
- PPIN# : 53038
- Source Listing Status: Active
- County: Baldwin
- Directions: From Hwy 59 and The Hang Out turn right on W Beach Blvd, Ocean Reef Condos on the beach side 1/2 mile just before you get to the Island Tower Condos
- Source Property Type: Residential-Single Family
- Property Subtype: condo
- Parcel Number: 66-04-20-3-000-003.000913
- Zoning: PUD
- Property Subtype: Residential Attached
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1044
- Year Built: 1982
- Entry Level: 2
- Foundation Details: Pilings
- Property Age: 42
- Levels or Stories: 2
- House Style: Condo
- Year Built Details: Resale
Utilities
- Baldwin EMC
- Gulf Shores Utilities
