497 Plantation Road, Unit 1139 Gulf Shores, AL 36542

PRICED AT $329,000

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

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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Gallery

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