$5,343 Closing Credit¹
#370095, Michael Cranston, Listing Office: RE/MAX of Orange Beach
$439,000 List price
507 W Beach Blvd Unit 115 Gulf Shores, AL 36542
$5,213
Closing credit¹
2 beds
1 full, 1 partial
964 sqft
2.0 acres
$455 / sqft
Condo
Property details
About 507 W Beach Blvd Unit 115
GREAT INCOME POTENTIAL! Ocean Reef #115 is walking distance to all of the main attractions, beaches, restaurants, and local shopping Gulf Shores has to offer. Primary bedroom on main floor and loft style 2nd bedroom with 1/2 bath on 2nd floor. Customized with vinyl plank flooring, granite counter tops, stainless steel appliances, and more. This low-density, 45-unit building boasts 200 ft of deeded beach access, a tropical landscaped pool area, charcoal grills and on-site laundry facilities. Assigned, covered parking space include. This is a great opportunity to own an investment property or vacation home on Alabama's Gulf Coast! Buyer to verify all information during due diligence.
Highlights
Home typeCondominium
StatusActive
CoolingCentral Air, Ceiling Fan(s)
Size964 sqft
Lot size2.0064 Acres
Year built1982
ParkingAssigned, Covered
MLS #358765
WaterfrontBeach, Deeded Access, Gulf
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
- Flooring Type: Carpet, Vinyl
- Interior: Ceiling Fan(s), Internet
- Total Bedroom Count: 2
- Parking: Assigned, Covered
- Waterfront: Beach, Deeded Access, Gulf
- Exterior: Porch, None
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $439,000
- Price/SqFt: $455
- HOA Amount: $400
- HOA Frequency: Monthly
- Directions: From Hwy-59 at The Hangout, turn right on West Beach Blvd. Ocean Reef is approximately 1/2 mile on the beach side.
- Year Built: 1982
- Stories: 2
- Living Area: 964 SqFt
- Lot Size: 2.0064 Acres
- MLS Number: 358765
- MLS Name: Baldwin County
- Office Name: Dolphin Cove Realty LLC
- Office Phone: (251) 228-0633
- Office Email: pvidainvestments@gmail.com
- Listing Agent: Mitch Holliman
Listing information Copyright © 2025 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2025, 9:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$439,000
507 W Beach Blvd Unit 115
$5,213
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
9
Gulf Shores Elementary School
Public District PK-5
1.9 mi
•1600 E 3rd St
5
Swift Elementary School
Public District KG-6
5.2 mi
•6330 Bon Secour Hwy
3
Florence B. Mathis Elementary School
Public District KG-6
9.6 mi
•600 W 9th Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $65,303. The majority of Gulf Shores, AL residents have income between $35k-100k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
27%
<35k
47%
35k-100k
24%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
42%
Single, No Kids
5%
Single, with Kids
42%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
5%
12-17 yrs old
14%
18-34 yrs old
51%
35-64 yrs old
22%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Dillards
Wal-Mart
Dick's Sporting Goods
Where do the neighbors go to eat?
Cracker Barrel
Hardee's
Texas Roadhouse
What do the neighbors drive?
Cadillac
Ram
Subaru
What do the neighbors listen to?
News/Talk/Information
Classic Country
New Country
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
Living in Gulf Shores, AL
Transportation in Gulf Shores includes a mix of private and public options. The Baldwin Regional Area Transit System (BRATS) provides public bus services catering to residents and tourists, with schedules that accommodate peak beach-going times. Ride-sharing services are available, enhancing mobility for those without personal vehicles. The area is bike-friendly, with several trails and dedicated lanes. Major roadways such as State Highway 59 and the Beach Express facilitate travel and commuting, with ongoing improvements to manage the growing traffic demands.
The community is served by a number of public schools, offering educational opportunities from elementary to high school levels, as well as private institutions that cater to various educational needs. Healthcare services are accessible, with facilities providing urgent care, primary care, and specialized medical services. The local library system supports lifelong learning with a range of programs and resources. Retail and dining options are abundant, with many establishments showcasing local seafood and southern cuisine, reflecting the Gulf Shores culture.
Gulf Shores is celebrated for its laid-back beach town atmosphere and strong sense of community. The area prides itself on its pristine white sandy beaches and outdoor recreational activities, including the annual Shrimp Festival, which draws visitors and locals alike. The community is also known for its commitment to preserving natural habitats, with several wildlife reserves and state parks that offer a tranquil escape from the more developed areas.
Gulf Shores offers a diverse array of housing options, with a significant portion of the market dedicated to single-family homes that exhibit a blend of coastal cottage, Mediterranean, and contemporary architectural styles. Condominiums and townhouses are also prevalent, particularly in areas closer to the beach, catering to those seeking a vacation home or investment property. The housing market is dynamic, with new developments and renovations reflecting the area's growth as a desirable coastal destination.
About 507 W Beach Blvd Unit 115
The listing price of 507 W Beach Blvd Unit 115 property is $439,000.
The property 507 W Beach Blvd Unit 115 is a condo located in Gulf Shores, Alabama, 36542.
Active Listing: 507 W Beach Blvd Unit 115 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 507 W Beach Blvd Unit 115 are: Gulf Shores Elementary School (GreatSchools Rating 9/10), Swift Elementary School (GreatSchools Rating 5/10), Florence B. Mathis Elementary School (GreatSchools Rating 3/10), Gulf Shores Middle School (GreatSchools Rating 9/10), Foley Middle School (GreatSchools Rating 3/10), Elberta Middle School (GreatSchools Rating 9/10), Foley High School (GreatSchools Rating 6/10), Elberta High School (GreatSchools Rating 6/10), Robertsdale High School (GreatSchools Rating 6/10).
The property at 507 W Beach Blvd Unit 115 has 2 bedrooms and 1 full and 1 half bathrooms.
The property 507 W Beach Blvd Unit 115 is 964 SqFt (source: MLS/tax record).
The year of construction for 507 W Beach Blvd Unit 115 is 1982.
This home is located at 507 W Beach Blvd Unit 115 in Gulf Shores, AL and zip code 36542. This 964 square foot home, which was built in 1982, sits on a 2.01 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 5, 2024 and is currently priced at $439,000.
In March 2025 more than 2 listings in Gulf Shores, AL were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 68 were sold below. In March 2025 in Gulf Shores, AL there were 19.1% more homes for sale than in February. The median list price of listings available in March 2025 was $499,368, while the average time on the real estate market was 57 days.
From Rocket Homes Real Estate and based on county public records data.