497 Plantation Road 1139, Gulf Shores, AL 36542

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 primary suite with ensuite bath, second bedroom with full bed and twin bunks, fully equipped kitchen, and a private balcony boasting gorgeous coastal water views.The kind of property guests rebook and owners love.Buyer to verify all information during due diligence.Gulf Shores Plantation offers 40 acres of gated, beautifully maintained beachfront property with 4,000 feet of shoreline and a wide variety of amenities. Residents and guests can enjoy multiple outdoor pools, an indoor pool, hot tubs, tennis courts, basketball, shuffleboard, grilling areas, lush courtyards, and relaxing swings throughout the grounds. If you’re looking for a comfortable coastal retreat in a well-maintained community with exceptional amenities, this condo is a must-see. Buyer to verify all information during due diligence.

Property Information

Property Features

Interior:

Ceiling Fan(s)

Appliances:

Dishwasher, Disposal, Microwave, Electric Range

Cooling:

Ceiling Fan(s)

Heating:

Electric

Flooring:

Carpet, Tile

Pool:

Community, Association

Parking:

Parking Lot

Laundry:

Common Area

Patio:

Patio

Lot Features:

Waterfront

Construction:

Cement Siding

Foundation:

Slab

Roof:

Metal

Security:

Smoke Detector(s), Fire Sprinkler System, Gated with Guard

Community:

Pool, Fitness Center, Tennis Court(s), Gated

Utilities:

Cable Available, Cable Connected

Schools

Elementary:

Orange Beach Elementary

Middle:

Orange Beach Middle

High:

Orange Beach High

HOA & Tax

HOA:

$506/Monthly

Annual Tax:

$2,040

Parcel #:

6809290000003.006.909

Directions

Head south on Hwy 59 and turn right onto Hwy 180 heading west. Travel roughly 12 miles until you reach Gulf Shores Plantation on the left. The RCC building (Building 6) is situated on the west end of the complex.

Affordability Calculator