497 Plantation Road #1263 new Save Request In-Person Tour Request Virtual Tour
Gulf Shores,AL 36542
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 464 sqft
Price per Sqft $452
Subdivision Gulf Shores Plantation
MLS Listing ID 383223
Full Baths 1
HOA Fees $232/mo
Year Built 1985
Annual Tax Amount $1,169
Property Sub-Type Condominium
Property Description
Rental Machine! Gulf-Front Studio in a Family-Friendly Resort. Welcome to your relaxing beach getaway! This gulf-front studio is located in one of the most sought-after destinations along the Alabama coast. Situated on the Gulf of Mexico in beautiful Fort Morgan, this resort offers a peaceful retreat away from the hustle and bustle of Gulf Shores — yet still just a short drive to shopping, dining, and entertainment. Enjoy the beautiful sugar-white sand beaches, perfect for spreading out, relaxing, and soaking up the sun without the crowds.Resort amenities include 6 outdoor swimming pools, 2 outdoor hot tubs, indoor hot tub, sauna & fitness center, tennis, putting green, volleyball, basketball & shuffleboard courts, laundry facilities (credit card friendly), boardwalks, BBQ areas & picnic spaces. There is also on on-site restaurant, ice cream shop, and coffee shop.Whether you're looking for a family vacation spot, an investment property, or a peaceful couple's escape, this studio offers everything you need. Leave your stress behind, breathe in the salty air, and put your toes in the sand. This unit is currently listed on Airbnb and gross rents for 2024 were $31,134 with 2025 on track to do similar numbers. This unit has a cap rate of 9.8%. Buyer to verify all information during due diligence. Professional photos coming soon.
Location
State AL
County Baldwin
Area Fort Morgan
Interior
Heating Electric,Central
Flooring Luxury Vinyl Plank,Tile
Fireplaces Type None
Laundry Common Area
Exterior
Exterior Feature Termite Contract
Parking Features Parking Lot
Pool Community,In Ground,Association
Community Features BBQ Area,Fitness Center,Internet,Pool - Outdoor,Steam/Sauna
Utilities Available Cable Connected
Waterfront Description Gulf Front - Building
View Y/N Yes
View Indirect Gulf Side
Building
Story 1
Foundation Slab
New Construction No
Schools
Elementary Schools Foley Elementary,Foley Intermediate
Middle Schools Foley Middle
High Schools Foley High