497 Plantation Road #1139, Gulf Shores, AL 36542

Gulf Shores
Local realty services provided by:Better Homes and Gardens Real Estate Main Street Properties
497 Plantation Road #1139,Gulf Shores, AL 36542
$324,900
  • 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:$324,900
  • Price per sq. ft.:$383.59
  • 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,...

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Home facts

  • Year built:1985
  • Listing ID #:396005
  • Added:67 day(s) ago
  • Updated:July 08, 2026 at 02:32 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:$324,900
  • Price per sq. ft.:$383.59
  • 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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