$345,000
$355,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
3 Baths
1,132 SqFt
SOLD DATE : 12/15/2023
Key Details
Sold Price $345,000
Property Type Townhouse
Sub Type Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 1,132 sqft
Price per Sqft $304
Subdivision Mariner Lakes
MLS Listing ID 351070
Sold Date 12/15/23
Bedrooms 2
Full Baths 2
Half Baths 1
Construction Status Resale
HOA Fees $527/mo
Year Built 1984
Annual Tax Amount $1,412
Property Description
Nestled in Orange Beach, Alabama's idyllic Mariner Lakes community, this two-story, two-bedroom, two-and-a-half-bath condo embodies coastal comfort. As you enter the 1,132-square-foot space, you're immediately welcomed into a cozy living room, equipped with an electric fireplace and large flat-screen TV, which seamlessly transitions into a well-appointed galley-style kitchen. The adjacent dining area accommodates up to six guests and is further complemented by two bar stools. A conveniently located hallway near the staircase houses an owner's closet, a half bath, and a laundry nook complete with a stackable washer and dryer. The second floor features two ensuite bedrooms: the primary bedroom, boasting a king-size bed and a well-lit vanity area, offers views of the community pool, while the guest bedroom has a queen-size bed and overlooks the verdant Gulf State Park. Additional amenities include a spacious 19-foot-deep garage with a newly upgraded golf cart, a fully stocked mini-fridge, multiple bicycles, and abundant beach gear. Recent updates for this unit include a new roof and exterior siding in 2021, New HVAC and flooring, an upgraded golf cart, popcorn ceiling & skylights removed and repainted in May of 2022, and all new kitchen appliances as of June 2023. This self-managed vacation rental has consistently generated significant income as an investment, earning $37,678 in 2021, $31,748 in 2022, and $33,795 in 2023. Mariner Lakes stands out as a serene and well-situated community, positioned directly across from the Gulf's emerald waters and pristine beaches and bordered by some of the area's best walking and biking trails. Furthermore, its strategic location ensures convenient access to dining, shopping, and entertainment options, making it both an ideal residence and a lucrative investment opportunity.
Location
State AL
County Baldwin
Area Orange Beach 1
Interior
Interior Features Ceiling Fan(s), High Ceilings, Storage
Heating Electric, Central
Cooling Central Electric (Cool)
Flooring Vinyl
Fireplaces Number 1
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Washer/Dryer Stacked
Exterior
Exterior Feature Storage
Garage Detached
Pool Community
Community Features BBQ Area, Clubhouse, Fitness Center, Fencing, Pool - Outdoor, Tennis Court(s), Gated
Utilities Available Cable Available, Cable Connected
Waterfront Description Beach Accs (<=1/4 Mi),Deeded Access,Gulf Accs (<=1/4 Mi),No Waterfront
View Y/N Yes
View Pool Area View
Roof Type Composition
Garage No
Building
Lot Description Less than 1 acre
Story 2
Foundation Pillar/Post/Pier
Water Public
New Construction No
Construction Status Resale
Schools
Elementary Schools Orange Beach Elementary
Middle Schools Orange Beach Middle
High Schools Orange Beach High
Others
HOA Fee Include Association Management,Cable TV,Common Area Insurance,Maintenance Grounds,Pest Control,Recreational Facilities,Reserve Funds,Trash,Water/Sewer
Ownership Condominium
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