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409 E Beach Boulevard, Unit 1085, Gulf Shores, AL 36542

$535,000
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Active
BEDS1 BATHS1 full 1 half SQUARE FEET979 MLS#396489
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONBoardwalk

Property Description

RARE. TOP FLOOR. ONE OF A KIND. THE OPPORTUNITY EVERY INVESTOR HOPES TO FIND.Boardwalk 1085 is a unique top floor unit that doesn't play by the rules. When Boardwalk was originally designed, the developers intentionally created one extraordinary residence on the top floor. The result is Unit 1085, a 1-bedroom, 1.5 bath unit unlike anything else in the building.At nearly 1,000 square feet, this unique residence is nearly double the size of every standard one bedroom floor plan at Boardwalk and even larger than the building's 2-bedroom units. The additional half bath, expansive living area, oversized kitchen and ample storage make this floor plan exceptionally comfortable for both owners and guests. The balcony is double the standard width, for even greater views.Yes, the interior is ready for its next chapter. And that's exactly where the opportunity begins.I've invested in professionally commissioned renderings of a complete renovation of this unit, inspired by a redesign and complete quote provided by Gulf Coast design firm MINT Decor. Every finish, furnishing, layout improvement, and space optimization has already been thoughtfully planned to transform this residence into a luxury coastal retreat designed to comfortably sleep 6 to 8 guests. Better yet, every phase of the renovation has already been quoted, and for my buyers exclusively, If you'd like to see the renderings, surprisingly low renovation budget, timeline, and projected rental analysis, I'd be happy to share them.In its current condition, the unit has historically generated around $30K in annual BASE rent. Following the proposed renovations, projected base rental potential approaches $60,000 annually, creating a unique opportunity to add significant value by increasing the STR income potential.And with Sea-N-Suds Restaurant & Oyster Bar on-site, a grocery directly across the street, owners and travelers alike can't get enough of The Boardwalk. Its an institution. Call me before someone else does Buyer

409 E Beach Boulevard, Unit 1085 | MLS# 396489

This condo located at 409 E Beach Boulevard, Unit 1085, Gulf Shores, AL 36542 is currently listed for sale with an asking price of $535,000. This property was built in 1985 and has 1 bedrooms and 1 full and 1 partial baths with 979 sq. ft. E Beach Boulevard, Unit 1085 is located in the Boardwalk subdivision. Search Boardwalk real estate on debbiclarkeassocbroker.gobellator.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central Electric (Cool), Ceiling Fan(s)
Heating: Central
Property Type: Condominium
Stories: 1.0
Year Built: 1985

Amenities

Outdoor Shower

Feature Descriptions

Appliances: Dishwasher, Disposal, Microwave, Refrigerator w/Ice Maker, Washer/Dryer Stacked, Electric Water Heater
Community Features: BBQ Area, Condo 1-Bdrms in Complex, Condo 2-Bdrms in Complex, Condo 3-Bdrms in Complex, Covered Entry, Internet, On-Site Management, Pool - Outdoor
Condo Complex: Boardwalk
Construction Materials: Stucco
Days on Site: 49
Dining Room: Lvg/Dng Combo
Exterior: Stucco
Flooring: Carpet, Tile
Foundation: Pillar/Post/Pier
HOA Fee: 751
HOA Y/N: Yes
Lot: Waterfront
Master Bathroom: Soaking Tub, Tub/Shower Combo
Master Bedroom: 1st Floor Primary
Pets Allowed: Owners Only
Utilities: Gulf Shores Utilities
Water: Public
Waterfront: Gulf Front
Zoning: PUD

Local Schools

High School: Gulf Shores High
Middle School: Gulf Shores Middle
Elementary School: Gulf Shores Elementary

Listed By / Shown By

Listed By

Agency Name: Young's Suncoast Realty
Agency Phone: 251-948-0408

Shown By

Agent Name: Debbi Clarke
Agent Phone: (251) 383-9100
Agency Title: Bellator Real Estate

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Estimated Payment

$ 2,722.12 per month $2,566.08 Principal & Interest $0.00 Property Tax (data not provided by mls) $156.04 Homeowner's Insurance

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