401 E Beach Blvd - Apartments FOR SALE


Gulf Shores, AL 36542
$675,000 USD
251-424-5682
401 E Beach Blvd, Gulf Shores, AL for Sale
$675,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

401 E Beach Blvd
Gulf Shores, AL 36542


OVERVIEW

High-Income-Producing Gulf-Front Condo at Seawind | $80K+ Gross in 2024 | Rare Layout + Major Upgrades 401 E Beach Boulevard, Unit 507 | Gulf Shores, AL 36542 | MLS #379774 | Offered at $675,000 Presenting Seawind Unit 507, a standout Gulf-front short-term rental investment in one of Gulf Shores’ most sought-after beachfront towers. This beautifully maintained 2-bedroom, 2-bathroom condo with a full bunk room lives like a 3-bedroom and has already generated over $80,000 in gross rental income for 2024, offering immediate returns to the savvy investor or coastal homebuyer. Positioned on the 5th floor with commanding east-facing Gulf views, this turnkey condo combines high rental demand, thoughtful upgrades, and an unbeatable walkable location in the vibrant heart of Gulf Shores. ?? Investment Highlights: Grossed $80,000+ in rental income for 2024 YTD (income data available) Layout includes 2 full bedrooms + bunk room—rents and functions like a 3BR unit New HVAC system (interior & exterior) installed in 2024 $20,000 in elevator modernization costs already prepaid by current owner Unit is rental-ready and fully furnished High occupancy potential with family-friendly design and resort-style amenities Flexible self-management or professional rental program options ?? Unit Features & Interior Details: 1,137 square feet of thoughtfully laid-out interior space Two spacious bedrooms, including a Gulf-front primary suite with direct balcony access Private bunk room perfect for additional guests—rare and valuable for short-term rentals Open-concept kitchen and living area with floor-to-ceiling Gulf views Granite countertops, stainless steel appliances, and upgraded fixtures Full-size washer & dryer in a dedicated laundry room Tile flooring throughout for durability and ease of maintenance Gulf-front balcony with sweeping 180-degree water views, accessible from both living room and primary bedroom Comes fully furnished with tasteful coastal décor and ready for immediate guest stays ?? Unique Access Advantage – Skip the Elevators: Unlike many units in the building, Seawind 507 offers a unique low-floor advantage: Park on the 3rd level of the parking garage and simply walk up two short flights—skip the wait times for busy summer elevators altogether. This convenience adds a major guest satisfaction boost and increases your rental competitiveness. ?? Seawind Resort Amenities: Seawind is a Gulf-front luxury development known for its central location, upscale amenities, and consistent rental performance. Owners and guests enjoy: Direct beach access just steps from the building Indoor and outdoor pools with a kiddie splash pad Hot tub, sauna, and Gulf-view fitness center BBQ grilling area Covered and uncovered parking Secure, well-maintained building with professional management and well-funded HOA The building is elevator accessible, and all common areas are in excellent condition. ?? Prime Gulf Shores Location: Located on East Beach Boulevard, Seawind is in the center of Gulf Shores, offering incredible walkability to the area’s top dining, entertainment, and attractions: Walk to Sea-N-Suds, The Hangout, Pink Pony Pub, Waffle House, and more Minutes to Gulf State Park, fishing pier, and local retail Close to parasailing, bike trails, kayak rentals, mini golf, and more family fun This central location keeps guests returning year after year, ensuring strong seasonal and off-season booking potential. ?? Additional Details: HOA fees include cable, internet, common area maintenance, and insurance Pet-free and smoke-free unit Strong rental history with management options available Buyer to verify all information during due diligence Showing appointments available by request—unit currently active in rental rotation ?? Summary – Why Seawind 507? This unit checks every box for investors and lifestyle buyers alike: ? Gulf-front location ? Rental performance ($80K+ in 2024) ? Upgraded HVAC + elevator expenses prepaid ? Rare 2BR + bunk layout ? Walkability and amenities guests want ? Priced competitively for ROI and equity growth Whether you’re expanding your vacation rental portfolio, launching your first Gulf Coast income property, or seeking a family-friendly second home with built-in revenue—Seawind 507 is a rare, high-performing asset in a prime location. ?? Contact us today for rental history, projected ROI analysis, and to schedule your private showing.

FOR SALE DETAILS

PRICE

$675,000 USD

PRICE/SF

$4 USD /SF

# OF UNITS

507

PRICE/UNIT

$1,331

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Seawind Condominiums

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Hi-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2006

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

-

APN/PARCEL ID

66-05-21-2-000-162.000-976A

ASK ABOUT THIS PROPERTY

Jonathan R. BennettBeachball PropertiesMore Info
251-424-5682

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Jonathan R. BennettBeachball PropertiesMore Info
251-424-5682

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.