Calling all investors! Enjoy breathtaking views of the Gulf of Mexico and gorgeous sunrises from your balcony. Check out this updated and high income producing two bedroom condo that sleeps 8 with sleeper sofa and hallway bunks. The tasteful coastal decor compliments the updated finishes, such as stainless steel appliances, granite countertops, new cabinets, and updated bathrooms. Make an appointment today to see this gulf-front condo that brings 40k in annual rentals and is ready for new owners! The HOA has replaced all plumbing and has updated all sliding glass doors with hurricane impact rated glass. This 2 bedroom 2 bath top floor west corner gulf front unit with tile flooring throughout and is located in the heart of Gulf Shores within walking distance to the Gulf State Park, restaurants, shopping and entertainment. Clearwater is a low density complex with an outdoor pool with large sun deck, grilling area, and just steps to the beautiful sugar white sand beach. The complex has undergone extensive updating including new elevator, new roof, new stucco, security gates in pool/grilling area, new flooring in breezeways, painting and landscaping. The special assessment for these upgrades is due annually in the amount of $1,996.50 (Paid in 2024). The last payment will be due in 2025. The complex does NOT have an annual insurance assessment. Insurance is covered in the monthly HOA. Come take a look at this beautiful Gulf front unit that is turn key ready for a rental investment or vacation beach getaway! Unit is rented through Vacasa with a great rental history.

Listed by:

Gwen Vigon

PHONE:310-795-1389

Gwen Vigon Realty LLC

Source: Baldwin Realtors,MLS#: 359555

Revenue Data provided by Vacasa

517 E Beach Blvd apt 8d, Gulf Shores, Alabama, USA, USA

Property Financials