Property Description

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.

Property Features

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