Fabulous investment opportunity in Gulf Shores! The Colony Club is a gated community conveniently located next to ONE Golf Course, the Gulf Coast Zoo, and just a little over 4 miles from the beach. The complex has ample amenities including ponds, tennis courts, and an outdoor pool & hot tub. There is also onsite trailer storage for $50 a month. Unit K3 is a second floor unit on the south side of the complex. Which over looks the pond and tennis courts offering serene views from the wrap-around balcony and all three bedrooms. The neighboring unit, K4, is also for sale. Both units have impressive rental history and brought in around $60k in rental revenue in 2023. This turnkey unit is sold fully furnished and ready for new owners! Buyer to verify all information during due diligence.
Property Features
Bedrooms
- Bedrooms: 3
- Primary Bedroom Dimensions: 11 x 13
- Bedroom 2 Dimensions: 11 x 12
- Bedroom 3 Dimensions: 10 x 13
- Primary Bedroom Level: Main Level
- Bedroom 2 Level: Main Level
- Bedroom 3 Level: Main Level
Appliances
- Dishwasher
- Disposal
- Dryer
- Microwave
- Range-Electric
- Refrigerator
- Smoke Detector
- Washer
Bathrooms
Heating and Cooling
- Fireplace Features: Electric, Living Room
- Number of Fireplaces: 1
- Central Electric
- Central Electric (Cool)
Interior Features
- Furnished Description: Yes
- Flooring: Carpet, Tile
Kitchen and Dining
- Kitchen Dimensions: 6 x 8
- Kitchen Level: Main Level
Other Rooms
Exterior and Lot Features
Waterfront and Water Access
- Pond
- Boat Features: Trailer Storage
Home Features
Amenities and Community Features
- Ceiling Fan(s)
- En-Suite
- Termite Contract
- Wrap Around Balcony
Homeowners Association
- Association: Yes
- Association Fee: 442
- Association Fee Frequency: Monthly
- Association Fee Amenities: BBQ Area, Club House, Exercise Room, Landscaping, Pool - Outdoor, Pets - Owners Only, Spa/Hot Tub, Tennis/Racquetball, Gated, Pets - Limited # Pets
- Association Fee Includes: Association Management, Clubhouse, Common Area Insurance, Common Area Maintenance, Pest Control, Pool, Reserve Funds, Taxes-Common Area, Water/Sewer
- Calculated Total Monthly Association Fees: 442
School Information
- Elementary School: Gulf Shores Elementary
- High School: Gulf Shores High
- Middle School: Gulf Shores Middle
Other Property Info
- PPIN# : 282969
- Source Listing Status: Active
- County: Baldwin
- Directions: The main entrance of Colony Club is on the east of State Highway 59, in between County Road 6 and 8 in Gulf Shores. There's also a gated entrance on Oak Road East/Co Rd 6. from front entrance, drive past the front pond, turn right, then left, and right again to the end. Building K will be on your right.
- Source Property Type: Residential-Single Family
- Property Subtype: condo
- Parcel Number: 61-08-28-3-001-002.000.983
- Property Subtype: Residential Attached
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1285
- Year Built: 2006
- Entry Level: 2
- Foundation Details: Slab, Wood Frame
- Property Age: 18
- Levels or Stories: 1
- House Style: Condo
- Year Built Details: Resale
Utilities
