497 Plantation Road #1139, Gulf Shores, AL 36542
Local realty services provided by:Better Homes and Gardens Real Estate Main Street Properties
497 Plantation Road #1139,Gulf Shores, AL 36542
$329,000
- 2 Beds
- 2 Baths
- 847 sq. ft.
- Condominium
- Active
Listed by: justin powell
Office: exp realty,llc
MLS#:396005
Source:AL_BCAR
Price summary
- Price:$329,000
- Price per sq. ft.:$388.43
- Monthly HOA dues:$506
About this home
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% gross ROI with potential to gross $48,000–$54,000 annually based on AirDNA comp data, this Gulf Shores condo is an absolute investor’s dream. Already operating as a 4.88-star Airbnb with Superhost status, this unit is turnkey and income-ready from day one. The complex is loaded with amenities : four outdoor pools, two outdoor hot tubs, an indoor pool, on-site dining, a coffee shop, pickleball, tennis, basketball, and sand volleyball courts, all within a gated beachside community. Beach access is steps away with toes in the sugar white sand in under three minutes.The 2BR/2BA unit itself sleeps 6 comfortably : king primary suite with ensuite bath, second bedroom with full bed and twin bunks, fully equipped kitchen, and a private balcony boasting gorgeous coastal water views.The kind of property guests rebook and owners love.Buyer to verify all information during due diligence.Gulf Shores Plantation offers 40 acres of gated, beautifully maintained beachfront property with 4,000 feet of shoreline and a wide variety of amenities. Residents and guests can enjoy multiple outdoor pools, an indoor pool, hot tubs, tennis courts, basketball, shuffleboard, grilling areas, lush courtyards, and relaxing swings throughout the grounds. The property also features on-site dining at Sassy Bass Island Grill. Ongoing community improvements include updated hallways, newer elevators, and scheduled HOA replacements of two living room windows and a sliding glass door pane for this unit.If you’re looking for a comfortable coastal retreat in a well-maintained community with exceptional amenities, this condo is a must-see. Buyer to verify all information during due diligence....
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Home facts
- Year built:1985
- Listing ID #:396005
- Added:1 day(s) ago
- Updated:May 02, 2026 at 02:22 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet, Tile
- Dining Description:Breakfast Room, Dining/Kitchen Combo
- Kitchen Description:Dishwasher, Disposal, Electric Range, Microwave, On Main Level, Refrigerator With Ice Maker
- Bedroom Description:1st Floor Primary, Master Bedroom on Main Level, Split Bedroom Plan
- Living area:847 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Electric
Structure and exterior
- Roof:Metal
- Year built:1985
- Building area:847 sq. ft.
- Construction Materials:Concrete Board
- Exterior Features:Patio
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:Orange Beach High
- Middle school:Orange Beach Middle
- Elementary school:Orange Beach Elementary
Finances and disclosures
- Price:$329,000
- Price per sq. ft.:$388.43
- Tax amount:$2,039
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Range, Microwave, Refrigerator w/Ice Maker
- Laundry features:Common Area
- Amenities:Fire Sprinkler System, Gated with Guard, Internet, Smoke Detector(s)
- Pool features:Association, Community
Parking
- Parking description:Parking Lot
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