407 W Beach Blvd #180
$460,000

407 W Beach Blvd #180

3 Beds 2 Baths 1,234 Sq.Ft.

Description

Just imagine owning this stunning Gulf front condo at Island Winds West in Gulf Shores, AL! This west corner unit offers expansive water views from the kitchen, living room, and oversized southern balcony. The condo features floor to ceiling impact glass installed in 2018/19, custom drapes in the living room, tile floors, upgraded and spacious kitchen, bar seating for four, and stainless-steel appliances. The condo is perfectly situated on the first elevated floor of the building allowing for easy access to the beach and pool without the hassle of riding an elevator. The condo complex offers an outdoor pool, kiddie pool, barbecue area, exercise room, and easy access to the beach. The highly sought-after Island Winds complex is the first Gulf front condo on West Beach Blvd, is adjacent to the Gulf Place public beach, and is only steps to the Hangout and other dining and shopping attractions. Rental returns are excellent in this building due to its convenient location (TurnKey Vacation Rentals projects gross revenue of $55,433 generating a 5.35% Cap Rate and an Internal Rate of Return of 21.20% over a ten-year hold period)! This unit can be purchased with a private one car garage (Unit G1), which also includes two additional surface parking spaces. Purchase these units together in order to easily park multiple cars, or maximize rentals by allowing your tenants to have assigned parking spots (MLS 308580 - priced at $35,000). Island Winds West experienced no water intrusion during Hurricane Sally and very minor damage to the grounds - no assessment expected.

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Location

407 W Beach Blvd Unit: 180, Gulf Shores, AL 36542

Status

Sold
Susan Petty

Susan Petty

TITLE

Realtor®

Property Amenities

Interior
Appliances Dishwasher, Dryer, Electric Range, Refrigerator, Microwave, Disposal
Flooring Carpet, Tile
Total Bedrooms: 3
Full Bathrooms: 2
Area & Lot
Living area 1,234 Sq.Ft.
MLS® ID 308582
Year Built 1983
High School Gulf Shores
Middle School Gulf Shores Middle
Elementary School Gulf Shores Elementary
Water Frontage Y
View Description Water
Architecture Styles Condo
Type Residential
Status Sold
Exterior
Stories 8
Heat type Heat Pump
Security Features Smoke Detector(s)
Lot Features Waterfront
Utilities Cable Available
Finance
Sales Price $460,000
HOA Fees $780
Real Estate Tax $2,240 yearly

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