561 E BEACH BOULEVARD, #702 702 | Gulf Shores, AL 36542 | Royal Palms | Residential Attached | Condominium

$545,000

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676 sqft.
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Description

Royal Palms offers breathtaking views from the balcony of this ideal location. It is located within walking distance to the Gulf State Park and Fishing Pier. This 1 bedroom, 2 bath sleeps 6 with the bunks in the hallway. It has tile floors throughout, stainless steel appliances, granite countertops and flat screen TVs. Property amenities include outdoor and indoor pool, steam room, BBQ station, sauna and fitness center. It's ready for its new owners with fresh paint and a new sofa. Royal Palms 702 did $50,458 in gross rentals from 1/15/2021 to 12/31/2021. Rental numbers for 2022 and 2023 averaged over $50,000. This unit can be shown during rental turns. Buyer to verify all information during due diligence.

Property Details

List Price $545,000 List Date 2024-06-10 MLS ID 363501 Status Active Property Type Residential Attached Property Sub Type Condominium County Baldwin

structure

Full Baths 2 Half Baths 0 Total Baths 2 bedrooms total 1 building area source Assessor building area total 676.0 building area units Square Feet carport y n No construction materials Stucco, Solid Masonry, Steel Frame cooling Central Electric (Cool) cooling y n Yes entry level 7 Features Exterior Outdoor Shower # Fireplaces 0 fireplace y n No flooring Tile foundation details Pilings garage y n No heating y n No interior features Bunk Alcove, Ceiling Fan(s), Internet leasable area units Square Feet levels One living area 676.0 living area source Assessor living area units Square Feet new construction y n No Parking Features Covered, Parking Lot property attached y n Yes property condition Resale stories 1 structure type Condo year built 2000

characteristics

community features BBQ Area, Condo 1-Bdrms in Complex, Condo 2-Bdrms in Complex, Covered Entry, Internet, Pool - Outdoor furnished Furnished Lot Description Waterfront Acres 1 lot size area 1.5909 Lot Dimensions 126 x 550 Lot SqFt 69300.0 lot size units Acres # of Units in Community 98 pool features Community, Association view Direct Gulf Front view y n Yes water body name Gulf of Mexico waterfront features Beach Side - Building, Deeded Access, Gulf Front - Building waterfront y n Yes

school

elementary school Gulf Shores Elementary high school Gulf Shores High middle or junior school Gulf Shores Middle

hoa

HOA Fee 435.0 HOA Fee Freq. Monthly HOA Fee Includes Association Management, Common Area Insurance, Maintenance Grounds, Pest Control, Recreational Facilities, Reserve Funds, Taxes-Common Area, Tr sh, Water/Sewer, Pool; association y n Yes Pets Allowed Owners Only

tax

parcel number 6605211000016.000939 tax annual amount 2240.12 tax block 702 tax legal description UNIT #702 ROYAL PALMS CONDO IN THE CITY OF GULF SHORES SEC 2 1-T9S-R4E (WD/SURVIVORSHIP) tax lot 702

contract

ownership Condominium foreclosure y n No short sale y n No

compensation

Buyer Agency Comp. 2.5 Buyer Agency Comp. Type % Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the Baldwin REALTORS MLS.
This listing was last updated on 6/10/2024 2:06:14 PM (UTC)


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The buyer agent compensation offered only applies to participants and data share participants of the Baldwin REALTORS MLS.