AL
Baldwin
Gulf Shores
36542
497 Plantation Road 1139
497 Plantation Road 1139, Gulf Shores, AL 36542
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Listing Type
Condo/Townhome
Listing Status
Active
16
$329,000

Home Details for 497 Plantation Road 1139

Price
$329,000
Type
Residential
Bedrooms
2
Total Bathrooms
2
Full Bathrooms
2
Square feet
847
Year built
1985
Lot size acres
7.7
County
Baldwin
MLS Listing#
396005
Hoa
506
Property 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 itself sleeps 6 comfortably : king primary suite with ensuite bath, second bedroom with full bed and twin bunks, fully equipped kitchen, and a private balcony boasting gorgeous coastal water views.The kind of property guests rebook and owners love.Buyer to verify all information during due diligence.Gulf Shores Plantation offers 40 acres of gated, beautifully maintained beachfront property with 4,000 feet of shoreline and a wide variety of amenities. Residents and guests can enjoy multiple outdoor pools, an indoor pool, hot tubs, tennis courts, basketball, shuffleboard, grilling areas, lush courtyards, and relaxing swings throughout the grounds. The property also features on-site dining at Sassy Bass Island Grill. Ongoing community improvements include updated hallways, newer elevators, and scheduled HOA replacements of two living room windows and a sliding glass door pane for this unit.If you’re looking for a comfortable coastal retreat in a well-maintained community with exceptional amenities, this condo is a must-see. Buyer to verify all information during due diligence.

Property Features
  • Utilities
    • Cable Available
    • Cable Connected
  • Cooling Information
    • Ceiling Fan(s)
  • Heating Information
    • Electric
  • House Interior
    • Ceiling Fan(s)
  • Parking
    • Parking Lot
School Information
School Information for 497 Plantation Road 1139, Gulf Shores, AL 36542
Elementary School
Orange Beach Elementary
Middle School
Orange Beach Middle
High School
Orange Beach High
Listing Courtesy: EXP REALTY,LLC - 888-923-5547
The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Baldwin County Association of REALTORS. Baldwin County MLS deems information reliable but not guaranteed.

The information being provided is 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 or renting.
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Market statistics compiled from data from Baldwin County MLS.
EXIT REALTY LANDMARK
316 South McKenzie Street, Suite 100, Foley, AL 36535
Anne Bodet
Broker of Record
Office
251 232 7702
Agent
251 599 8175
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