Listing provided courtesy of EXP REALTY,LLCMLS# 396005MLS ProviderContact Information: PHONE: 217-520-7925
  • 59 days on site
  • 1 views

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. 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.

Source: Baldwin MLS, MLS#: 396005

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  • Property Type
    Residential
  • Lot
    7.70 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 497 Plantation Road #1139


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/15/2026Source: Baldwin MLS Price Reduction
$324,900 -1.2%
5/1/2026Source: Baldwin MLS Added to Database
May 01, 2026