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2 Beds
2 Baths
847 sqft

$324,900

497 Plantation Road 1139, Gulf Shores AL, 36542

Price per sqft$383.59
Built in1985
Property size847 sqft
Property typeCondominium

Overview

Active

Listed May 1, 2026

Updated Jun 16

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.

$2,162/mo

Est. mortgage payment based on a $324,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
396005

Interior Features

Bedrooms
2
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
7.7 Acres

Other Property Details

Taxes
$2,040
Tax Frequency
Annually
Association Fee Frequency
Monthly
View
Yes
Furnished
Yes
Waterfront
Yes

Courtesy of EXP REALTY,LLC, Justin Powell

Listing Contact: PHONE: 217-520-7925 

The data relating to real estate for sale on this web site comes in part from the Baldwin County Association of REALTORS.  Real estate listings held by brokerage firms other than Top Tier Team are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Top Tier Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data on this page was last updated on 6/16/2026.

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