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Ad #7660437
MLS #396005
Listing photo

Commanding a 27% cash-on-cash return, 13% cap rate, and 17%

497 Plantation Rd 1139, Gulf Shores, AL 36542
$324,900
2Beds
2Baths
847Sqft
7.7Acres

About this property

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 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.

Property Features

2 Beds
2 Baths
847 Sqft
Built in 1985
7.7 Acres
1 Story
On Beachfront
Metal Roof
Baldwin County

Additional Photos

Additional listing photo 1
Additional listing photo 2
Additional listing photo 3
Additional listing photo 4

Contact Information

Justin Powell

EXP REALTY LLC

217-520-7925

Location

Map
BeachHouse.com
Printed Aug 12, 2026

Photo Gallery

Commanding a 27% cash-on-cash return, 13% cap rate, and 17% - photo 1
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% - photo 2
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% - photo 3
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% - photo 4
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% - photo 5
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% - photo 6
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% - photo 7
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% - photo 8
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% - photo 9
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% - photo 10
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% - photo 11
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% - photo 12
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% - photo 13
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% - photo 14
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% - photo 15
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% - photo 16

$324,900

2
Beds
2
Baths
847
Sqft

497 Plantation Rd 1139, Gulf Shores, AL 36542

By contacting this agent you agree to these Terms and Conditions.
Home Alabama Gulf Shores
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% - photo 1
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% - photo 2
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% - photo 3
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% - photo 4
Commanding a 27% cash-on-cash return, 13% cap rate, and 17% - photo 5
MLS# 396005
Condo For Sale

Commanding a 27% cash-on-cash return, 13% cap rate, and 17%

$324,900

497 Plantation Rd 1139, Gulf Shores, AL 36542

2
Beds
2
Baths
847
Sqft
7.7
Acres
$324,900
497 Plantation Rd 1139, Gulf Shores, AL 36542
2 Beds
2 Baths
847 Sqft
7.7 Acres
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 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.
102 days
on BeachHouse.com
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saves

Contact Information

Buyer's Agent

Joseph Carter
Joseph Carter Realty
205-300-3720
Please say you found it on BeachHouse.com!

Listing Agent

Justin Powell
EXP REALTY LLC
Listing Agent: Justin Powell 217-520-7925. Broker: EXP REALTY LLC 888-923-5547 Listing Site. Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property Details

HOME DETAILS

2 Beds
2 Baths
847 Sqft
Built in 1985
7.7 Acres
1 Story

BEACH & VIEW

On Beachfront

EXTERIOR

Metal Roof

FINANCIAL & COMMUNITY

Baldwin County
See More Details

Location

Map
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Ad Statistics

Ad Number
7660437
Viewed
82 times
Listing Status
Active
Added
May 01, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM

Listing Information

Data Source
Baldwin REALTORS®
Source Property ID
396005
All information provided is deemed reliable but is not guaranteed and should be independently verified.

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By proceeding, you authorize Dream Home Network Inc., its service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners), its affiliates, and other real estate professionals that may not be associated with Dream Home Network, to contact you using the contact details you provided, via email, phone call, and text (SMS), including using automated dialing technology and prerecorded and artificial voice, for marketing or advertising purposes, including contacting you about your inquiry and other home-related matters. You understand that your consent to the foregoing is not a condition of any purchase. Message and data rates may apply. This consent applies even if you are on a corporate, state or national Do Not Call list. Dream Home Network Inc. may share information about your recent and future site activity with its affiliates and service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners) to help them better understand what you are looking for in a property. To opt-out at any time you can reply "STOP" or contact Dream Home Network Inc. at csv@dreamhomenetwork.com.

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Location, Location, Location! Experience the best of coastal - photo 1
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Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

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Gulf Shores

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Gulf Shores Real Estate Agent Info

Joseph Carter
Joseph Carter
Joseph Carter ? Smith Lake Real Estate Broker & Owner of Joseph Carter Realty. When it comes to Lewis Smith Lake real estate, few names are more recognized than Joseph Carter, Owner and Broker of Joseph Carter Realty. As one of the top-producing real estate professionals in Alabama, Joseph has built a reputation for delivering results in the highly competitive waterfront property market. Specializing in Smith Lake homes for sale, luxury waterfront properties, lakefront lots, land, and vacation homes, Joseph has successfully represented buyers and sellers in transactions ranging from residential lake homes to multi-million-dollar land sales. His experience, market knowledge, and innovative marketing strategies have helped make Joseph Carter Realty the largest real estate team on Smith Lake with more than $1 billion in lifetime sales volume. Joseph has been a consistent top producer in the Smith Lake market since 2009 and has become known for his expertise in waterfront real estate throughout Alabama?s premier lake communities. Whether you are buying your first lake home, selling a luxury waterfront estate, or searching for investment property on Lewis Smith Lake, Joseph understands every aspect of the real estate process and works tirelessly to help clients maximize value and achieve their goals. With deep local roots and national marketing exposure through platforms like LakeHouse.com, Joseph Carter Realty provides buyers and sellers with unmatched visibility in the Smith Lake market. If you are looking for an experienced Smith Lake Realtor, contact Joseph Carter today for expert guidance in buying or selling waterfront property on Lewis Smith Lake.

About Gulf Shores

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This consent applies even if you are on a corporate, state or national Do Not Call list. Dream Home Network Inc. may share information about your recent and future site activity with its affiliates and service providers (including real estate professionals such as Brokers, Listing Agents, Buyers Agents, and local referral partners) to help them better understand what I am looking for in a property. To opt-out at any time you can reply "STOP" or contact Dream Home Network Inc. at  csv@dreamhomenetwork.com.
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is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

© 1997 - 2026 BeachHouse.com
Part of Dream Home Network, Inc.
Last updated on 2026.08.12
Terms & Policy