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Off market
  • $199,500

    497 Plantation Rd APT 1262, Gulf Shores, AL 36542

    1beds
    464sqft
    Condo
    Built in 1985
    -- sqft lot
    $-- Zestimate®
    $430/sqft
    $1,307 Estimated rent

    Owner options

    List your home for rent

    $1,307/mo

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    $1,307/mo

    Rent Zestimate®

    Refinance and save

    $1,151/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $1,151/mo

    Est. payment

    What's special

    Oceanfront studio sunsuite that generates well over $30,000 annually in income, so it's a great investment. Located in nice tropical garden environment with tons of indoor & outdoor amenities on a private beach. Just totally renovated with new luxury vinyl plank flooring, custom kitchen cabinets, granite counters, brand new HVAC system & water heater, freshly painted, & new furnishings & appliances & cast iron porcelain sink. New photos coming. Best deal you will find on any beach anywhere. Sale includes all of the furniture & decor & personal items & repeat rental clients that will benefit the new owner's gross income greatly. Super investment that will keep paying dividends to the buyer for years to come. This is NOT a timeshare. It is a wholly owned condo. It can be a full-time residence or a second home or rented out short-term or long-term. Seller will enter into contract with buyer to manage the property entirely, including all rentals, to make this a turnkey hassle-free investment. Present owner continues to manage the property & rentals for new owner & at homeowner meetings & functions. Use it all you want & otherwise just cash checks to pay the bills. Great investment deal! Will consider some owner financing with a substantial down payment on a very short term basis at well above market rates. Possible discount for all cash sale. Not interested in anyone who needs bank financing. Also have similar resort vacation mountaintop condos for sale in East Tennessee in Gatlinburg near Dollywood & on Beech Mountain in the Blue Ridge of Western North Carolina, if you want to purchase an investment package that will appreciate in value & give you diversified income. Reduced for quick all cash sale. This is the best complex you will find on the entire Gulf Coast & has more indoor & outdoor amenities than you will find anywhere. ATTENTION ALL REALTORS: Please do NOT call & ask to list this property for sale, as I am NOT going to list it with ANY Realtor. However, please DO submit to me any & all cash offers in writing from your clients with a 2% sales commission written into the contract, as I am working with all realtors on that basis alone. Thank you!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Heat pump, Other, Electric
    Cooling
    • Central, Other
    Appliances
    • Included: Dishwasher, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Linoleum / Vinyl
    Interior area
    • Total interior livable area: 464 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Stucco, Wood products, Cement / Concrete, Metal
    • Has spa: Yes
    • Has view: Yes
    • View description: Park, Territorial, Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 7.70 Acres
    Details
    • Parcel number: 6809290000003006989

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Foundation: Slab
    • Roof: Metal
    Condition
    • Year built: 1985

    Community & neighborhood

    Community
    • Community features: Fitness Center
    Location
    • Region: Gulf Shores

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $253 monthly