2 months on rocket

561 E Beach Blvd Unit 703, Gulf Shores, AL, 36542

$545,000

Home List Price

$6,472*

Closing Credit

1 Bedroom
2 Full Baths
676 SqFt
$806/SqFt
Condo
Schools Nearby

Location

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561 E Beach Blvd Unit 703, Gulf Shores$545,000

Buyer Closing Credits

$6,472*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, Parking Lot
Year Built1998
HeatingElectric
WaterfrontGulf
ViewGulf
MLS #358137
Lot Size1.59 Acres
StatusActive

About 561 E Beach Blvd Unit 703

Newly updated beach front condo located in the heart of Gulf Shores! The main bedroom includes a queen bed and private bathroom, while the twin bunks are located in the hallway, along with the stackable washer and dryer and second bathroom. You will have a queen sofa bed in the living room that sleeps 2 guests. Royal Palms is the closest building in Gulf Shores to the Gulf Shores State Park fishing pier, Lake Shelby, and the the camping grounds of Gulf Shores State Park. With Gulf State Park bordering on the East side, there will never be new construction to block the breathtaking views of the gulf and pier. Enjoy a gated complex, with on premises security. There's an indoor heated pool, outdoor pool, sauna/steam room, hot tub/spa, and exercise facility, along with covered parking, beach walkover, and a BBQ area for guests and owners. Owners and guests can take advantage of covered parking and also a parking deck, which means there is always plenty of spots.

Property Details

Property Features

Property Information:

  • Year Built: 1998
  • Stories: 1
  • Living Area: 676 SqFt

Listing Office:

  • Office Name: Joy Sullivan Realty
  • Office Phone: (251) 424-1320
  • Listing Agent: Lauren Fagan

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Washer/Dryer Stacked
  • Flooring Type: Other Floors-See Remarks
  • Interior: Ceiling Fan(s), Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf
  • Exterior: None

Parking Information:

  • Parking: Covered, Parking Lot

Lot Features

Lot Information:

  • Lot Size: 1.59 Acres

Utilities

Utilities Information:

  • Heating: Electric

School Info

Assigned Schools Information:

  • Gulf Shores High School, Public District Grades 9-12
  • Gulf Shores Middle School, Public District Grades 7-8
  • Gulf Shores Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: South on Highway 59 in Gulf Shores until Beach Blvd at the Hangout. Turn left onto East Beach Blvd; Royal Palms is the last condo complex on the beach before the State Park Pier.

Price Information

Listing Price Info

Price Summary:

  • List Price: $545,000
  • Price Per SqFt: $806/SqFt

HOA Fees:

  • Amount: $435
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,016
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Gulf Shores, AL.

Med. Sold Price

$443.1K

Med. Price/SqFt

$310

Avg. Days On Market

53

# of Sold Homes

113

561 E Beach Blvd Unit 703 vs Gulf Shores

74 DAYS ON ROCKET

+21 Days

$545,000

+$101.8K More

$806/SqFt

+$496 More

KEY TAKEAWAY

This property is $101.8K more than the Median Sold Price and $496/SqFt more than other homes in Gulf Shores, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Baldwin County
  • MLS Number: #358137

Listing Office:

  • Office Name: Joy Sullivan Realty
  • Office Phone: (251) 424-1320
  • Listing Agent: Lauren Fagan

IDX Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2024, 6:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 20, 2018Home Sold
$302,750

Tax History

YEARPROP. TAXASSESSMENT
2020$2,016$60,160
2019$1,962$59,480
2018$1,815$54,080
2017$1,771$52,720

History based on county public records data.

Payment Calculator

$3,223

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,700

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7024097
8
/10
  • Gulf Shores Elementary School

  • 1600 E 3rd St

  • 1.38 miles

  • Public District Grades PK-6

Middle School

school-card-donut-7024098
10
/10
  • Gulf Shores Middle School

  • 450 E 15th Ave

  • 1.36 miles

  • Public District Grades 7-8

High School

school-card-donut-7024099
2
/10
  • Gulf Shores High School

  • 600 East 15th Ave

  • 1.30 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,000. The majority of Gulf Shores, AL residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 561 E Beach Blvd Unit 703

What is the listing price of this property?

The listing price of 561 E Beach Blvd Unit 703 property is $545,000.

What type of property is this?

The property 561 E Beach Blvd Unit 703 is a condo located in Gulf Shores, Alabama, 36542.

Is this property for sale now?

Active Listing: 561 E Beach Blvd Unit 703 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 561 E Beach Blvd Unit 703 are:
Gulf Shores Elementary School: GreatSchools Rating 8/10
Gulf Shores Middle School: GreatSchools Rating 10/10
Gulf Shores High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,016 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 20, 2018 for $302,750. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 561 E Beach Blvd Unit 703 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 561 E Beach Blvd Unit 703 is 676 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 561 E Beach Blvd Unit 703 is 1998.

Rocket Homes›Alabama›Baldwin County›Gulf Shores›36542›561 E Beach Blvd Unit 703

This home is located at 561 E Beach Blvd Unit 703 in Gulf Shores, AL and zip code 36542. This 676 square foot home, which was built in 1998, sits on a 1.59 acre lot. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since February 22, 2024 and is currently priced at $545,000.

Gulf Shores, AL housing market in April 2024 saw over 3 listings sold above listed price, more than 11 sold at listed price and over 86 sold below. The number of homes for sale in Gulf Shores, AL increased by 7.1% between March 2024 and April 2024. While the average time on the market in April 2024 was 53 days, the median list price was $443,153.

From Rocket Homes Real Estate and based on county public records data.

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