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620 W Beach Boulevard 17, 14, 12, 4, 2, 1, Gulf Shores, AL 36542

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For Sale

$1,800,000

1 beds • 1 baths • 531 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Attached
    Property type

  • $3,389.83
    Price per square foot

Explore this Property

**RARE Investment Opportunity** Own SIX high-performing short-term rental units at the sought-after Paradise Isle complex in stunning Gulf Shores! These six units (#1, #2, #4, #12, #14 and #17) are being sold together, providing a unique chance to expand your rental portfolio in one of the most desirable locations on the Gulf Coast. This complex offers everything needed for the perfect rental property! Prime lot nestled in the heart of Gulf Shores, this complex is just a short stroll from Gulf Place, where popular festivals, dining and shopping experiences abound. The convenience doesn't stop there public beach access is directly across the street, ensuring guests have easy access to the famous white sandy beaches. Plus, Paradise Isle is **pet-friendly**, making it even more attractive to potential renters. Each of these charming six units are cozy one-bedroom, one-bathroom condos that comfortably accommodates up to six guests each. Strong income potential boasting an impressive rental history, these units collectively generated a NET rental income of $137k in 2023 with a gross income of $216k and already have 145k on the books for 2024. This established income stream, coupled with the unbeatable location and amenities, makes this Listing a must-see for serious investors! Don t miss out on this rare opportunity to own a slice of paradise in Gulf Shores with unbeatable rental income!!! Buyer to verify all information during due diligence.
MLS# 366577

Courtesy Of LPT Realty, LLC

(877) 366-2213

Property Features

  • Amenities
    Dock, Ceiling Fan
  • Appliances
    Garbage Disposer, Ice Maker, Microwave, Range, Range - Electric, Refrigerator
  • Architecture Style
    Other
  • Floor Covering
    Laminate, Tile

Map and Directions

Directions to 620 W Beach Boulevard 17, 14, 12, 4, 2, 1, Gulf Shores, AL 36542

Home seller CENTURY 21 J. Carter & Company

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 J. Carter & Company

(251) 967-2121
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Baldwin County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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. 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.

Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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