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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
Kiva Dunes Golf Club
On Golf Course
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
GolfHomes.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 Baldwin Gulf Shores Kiva Dunes Golf Club
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 GolfHomes.com
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Contact Information

Buyer's Agent

John Nix
Joseph Carter Realty
205-275-4645
Please say you found it on GolfHomes.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

GOLF COURSE & VIEW

Kiva Dunes Golf Club
On Golf Course

EXTERIOR

Metal Roof

FINANCIAL & COMMUNITY

Baldwin County
See More Details

Location

Map
Open in Google Maps

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Ad Statistics

Ad Number
7660437
Viewed
93 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.

Request Information

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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Kiva Dunes Golf Club Real Estate Agent Info

John Nix
John Nix

About Kiva Dunes Golf Club

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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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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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Part of Dream Home Network, Inc.
Last updated on 2026.08.11
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