$590,002
SOLD MAY 20, 2024

Royal Palms Condominiums 561 E Beach Blvd Unit 1405 Gulf Shores, AL 36542

2 Beds
2 Baths
1,000 Sq Ft
1.67 Acres

Recently Sold

$590 Per Sq Ft

8% Below List Price

71 Days on Market

Highlights

  • Property fronts gulf or ocean
  • High Ceiling
  • Community Pool
  • Gulf Shores Elementary School Rated A-
  • Furnished
  • Tile Flooring

About This Home

As of May 2024

Introducing Royal Palms 1405, a stunning 2-bedroom condo in Gulf Shores, Alabama, that epitomizes beachside living. This property has been beautifully maintained, offering a picture-perfect retreat with breathtaking views and an array of amenities. The view from Royal Palms 1405 is nothing short of spectacular. Imagine sipping coffee on the spacious balcony while watching dolphins play in the waves. The condo's king bed and well-appointed furnishings ensure a comfortable stay. Royal Palms is known for its excellent Homeowner's Association, which maintains the property to high standards. The building's proximity to an undeveloped white sandy beach adds to its appeal, providing a serene setting for long walks and relaxation. Amenities at Royal Palms include outdoor and indoor pools, a hot tub, BBQ area, fitness room, sauna/steam room, and owner community space. The building's location is ideal, with easy access to the Gulf State Park, fishing pier, restaurants, and the Hugh Branyon Backcountry Trail system. As a rental property, Royal Palms 1405 has a proven track record of success. Its prime location and excellent amenities make it a highly sought-after condo complex.Don't miss the opportunity to own this beautiful Gulf Shores gem. Schedule an appointment today to experience the beauty and convenience of Royal Palms 1405.

Last Agent to Sell the Property

Scott Myrick

RE/MAX of Orange Beach

RE/MAX of Orange Beach

Last Buyer's Agent

Wendy Hoffman

Real Broker, LLC

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,686

Year Built

  • Built in 1998

Lot Details

  • Property fronts gulf or ocean
  • Landscaped
  • Property is zoned Pud

HOA Fees

  • $644 Monthly HOA Fees

Home Design

  • Block Foundation
  • Steel Frame

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Furnished
  • High Ceiling
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Combination Dining and Living Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Parking Lot

Schools

  • Gulf Shores Elementary School
  • Gulf Shores Middle School
  • Gulf Shores High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 66-05-21-1-000-016.000996

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, custodial services, pest control, reserve funds, security, taxes-common area, water/sewer
  • 2 Elevators
  • Royal Palms Community

Recreation

Security

  • Fenced around community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,686

Year Built

Built in 1998

Lot Details

0

HOA Fees

$644 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Concrete Block, Steel Frame
  • Construction Status: Resale
  • Property Amenities: Cable, Ceiling Fan(s), High Ceilings
  • Property Type: Residential Attached
  • Style: Condo
  • View: Direct Gulf Front, Direct Gulf-Across Rd
  • Zoning Area: Pud
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-05-21-1-000-016.000996
  • Year Built: 1998
  • Geo Subdivision: AL
  • Living Room Group: Living/Dining
  • Property Legal Description: Unit #1405 Royal Palms Condo In The City Of Gulf Shores Sec 21-T9s-R4e (Wd)
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Refrigerator W/Ice Maker, Washer
  • Estimated Living Area: 1000
  • Balcony Size: ROOMY
  • Bathrooms: 2
  • Bedroom 2: Dimensions: 11x13, On Level: Main Level
  • Bedrooms: 2
  • Dining Area Type: Lvg/Dng/Ktchn Combo
  • Elevators: 2
  • Floors: Carpet, Tile
  • Kitchen: Dimensions: 12x10, On Level: Main Level
  • Living Dining: Dimensions: 14x15, On Level: Main Level
  • Living Room: Dimensions: 14x13, On Level: Main Level
  • Master Bed: Dimensions: 13x10, On Level: Main Level
  • Price Per Sq Ft: 590
  • Property Interior Stories: 1
  • Unit Floor: 14
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Shower Only

Exterior Features

  • Body Of Water: Gulf Of Mexico
  • Waterfront: Yes
  • Water Property Type: Gulf Front - Building

Garage/Parking

  • Garage Parking: Condo: Covered Parking, Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric, Central Electric (Cool)
  • Utilities: Cable Tv, Sewage-City, Total Electric, Water Heater-Electric, Water-City

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 644
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Custodial Services, Pest Control, Reserve Funds, Security, Taxes-Common Area, Water/Sewer
  • Community Amenities: Covered Entry, Fencing, Landscaping, Pool - Outdoor, Pets - Allowed
  • Condo Building Stories: 1
  • Condo Complex: Royal Palms

Schools

  • Elementary School: Gulf Shores Elementary
  • Middle School: Gulf Shores Middle
  • High School: Gulf Shores High

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: 1405
  • Lot Size: 2 acres

Rental Info

  • Furnished: Yes
  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 2686
  • Assessor Parcel Number: 233355

MLS Schools

  • Elementary School: Gulf Shores Elementary
  • HighSchool: Gulf Shores High
  • Middle School: Gulf Shores Middle

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2024 05/20/24 Sold $590,002 -3.3% $590 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/20/2024 04/20/24 Price Changed $610,000 -1.6% $610 / Sq Ft
03/26/2024 03/26/24 Price Changed $620,000 -1.4% $620 / Sq Ft
03/14/2024 03/14/24 Price Changed $629,000 -1.6% $629 / Sq Ft
02/28/2024 02/28/24 For Sale $639,000 +81.0% $639 / Sq Ft
09/15/2015 09/15/15 Sold $353,000 0.0% $363 / Sq Ft
08/24/2015 08/24/15 For Sale $353,000 -- $363 / Sq Ft
Source: Baldwin REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,175 $126,500 $0 $126,500
2023 $3,701 $107,040 $0 $107,040
2022 $2,954 $89,520 $0 $0
2021 $2,678 $79,780 $0 $0
2020 $2,678 $79,780 $0 $0
2019 $2,601 $77,460 $0 $0
2018 $2,550 $75,900 $0 $0
2017 $2,318 $68,880 $0 $0
2016 $2,177 $64,600 $0 $0
2015 $1,868 $56,620 $0 $0
2014 $1,715 $50,600 $0 $0
2013 -- $50,600 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,050 Future Advance Clause Open End Mortgage
Previous Owner $295,600 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $590,500 Professional Land Title
Warranty Deed $353,000 Ct
Warranty Deed -- Ct
Warranty Deed -- Attorneys Title Inc
Source: Public Records

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Source: Baldwin REALTORS®

MLS Number: 358458

Baldwin REALTORS®

APN: 66-05-21-1-000-016.000-996