• 497 Plantation Road, Unit 1139, Gulf Shores, AL 36542 Main Photo

497 Plantation Road, Unit 1139
Gulf Shores, AL 36542

$329,000

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Listing Details

  • $329,000
  • MLS# 396005
  • Type Residential - Condominium
  • Status Active
  • 2
    Bedrooms
  • 2 full
    Bathrooms
  • 847
    Square Feet
  • 7.700 acres
    Lot Size
  • 1985
    Year Built

Listed By

Agency Name: EXP REALTY,LLC
Agency Phone: 888-923-5547

Shown By

Agent Name: Lauren Moore
Agent Phone: (850) 572-1837
Agency Title: Levin Rinke Realty

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Home Value Estimate


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...read more

Features

  • Dishwasher
  • Disposal
  • Microwave
  • Electric Range
  • Refrigerator w/Ice Maker
  • Carpet
  • Tile
  • Electric
  • 1.0 Story
  • Built in 1985

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