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729 W Beach Boulevard 131, Gulf Shores, AL 36542

Lani Kai · Baldwin County

Key Facts

2Beds
2Baths
856Sq Ft
1982Year Built

Description

Huge price Drop!Brand new rail and stairs almost complete ( paid for). The condo is booking up fast for the Summer!Welcome to this beautifully maintained gulf-side 2 bedroom, 2 bathroom condo offering strong, documented annual income. Designed with both comfort and cash flow in mind, this property is fully furnished and turnkey, making it a great asset on any short-term rental platforms from day one.Located just steps from the Gulf beaches, this condo enjoys a highly trafficked setting that consistently attracts vacationers year-round. Owners and guests benefit from resort-style amenities, convenient beach access, and a low-maintenance lifestyle.Whether you’re looking for a proven income-producing investment, a vacation home with rental upside, or a combination of both, this gulf-side condo checks all the boxes. Strong rental history, immediate income potential, and prime location make this a rare opportunity.The Building is getting a much needed refresh: All Porches, balconies, walkways and stairs are being redone. Seller has already paid the assessment. Buyer to verify all information during due diligence.

Property Information

Property Type

Residential

Sub-Type

Condominium

Year Built

1982

Living Area

856 sq ft

Ownership

Condominium

MLS® Listing#

389412

Property Features

Interior

Ceiling Fan(s)

Appliances

DishwasherMicrowaveElectric RangeWasher/Dryer Stacked

Cooling

Central AirCeiling Fan(s)

Heating

Central

Pool

CommunityAssociation

Parking

Assigned

Lot Features

Waterfront

Construction

Wood Siding

Security

Carbon Monoxide Detector(s)

Community

Pool

Schools

Elementary:
Gulf Shores Elementary
Middle:
Gulf Shores Middle
High:
Gulf Shores High

Financial Details

HOA

$350 / Monthly

Annual Taxes

$1,292

Parcel Number

6604194000040.000.904

Directions

HWY 59 To West Beach Blvd Travel About 1 Mile and Lani Kai Will Be on The Left (GULF SIDE). Just West of Windmill Ridge Road.

Affordability Calculator

$82,000

Estimated monthly payment

$2,182/mo

Principal $328,000 · Est. interest $457,589 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Gulf Shores, AL

$539,419
Median Listing Price
113
Median Days on Market
1,389
Median Sq Ft
$441
Median Price / Sq Ft
928
Active Listings
  • This home’s price is 24% below the area median.
  • Its price per sq ft is 9% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Gulf Shores, AL.

Location

  • 729 W Beach Boulevard 131, Gulf Shores, AL 36542

Points of Interest in Gulf Shores, AL

Showing the Gulf Shores area map.

Nearby Schools

  • Gulf Shores City Schools

    School · 2.0 mi away

  • Gulf Shores Elementary School

    Elementary · 2.1 mi away

  • Gulf Shores Middle School

    Secondary · 2.2 mi away

  • Gulf Shores High School

    Secondary · 2.2 mi away

  • Swift Elementary School

    Elementary · 5.2 mi away

  • South Baldwin Christian Academy

    School · 5.6 mi away

  • Ob Conservatory of Fine Arts

    School · 5.8 mi away

  • Orange Beach Middle & High School

    Secondary · 5.8 mi away

  • Orange Beach Elementary School

    Elementary · 9.3 mi away

  • Foley High School

    Secondary · 9.4 mi away

  • Mathis Elementary

    Elementary · 9.7 mi away

  • Foley Intermediate School

    School · 9.7 mi away

  • Daphne High School

    Secondary · 9.9 mi away

  • Foley Middle School

    Secondary · 11.2 mi away

  • Foley Elementary School

    Elementary · 11.4 mi away

  • Magnolia School

    Elementary · 12.3 mi away

  • St Benedict School

    School · 13.0 mi away

  • Good Shepherd Lutheran School

    School · 13.4 mi away

  • Elberta Middle School

    Secondary · 13.5 mi away

  • Elberta Elementary School

    Elementary · 13.5 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Gulf Shores

Listing Courtesy: RE/MAX Paradise - 2519488000

The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Baldwin County Association of REALTORS. Baldwin County MLS deems information reliable but not guaranteed.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by BaldwinAL. MLS® Listing#389412. © 2026EXIT Realty®. All rights reserved.