921 W Beach Blvd Gulf Shores, Alabama, 36542-6350
2 bed • 2 bath • 6 guests
Est. $3,012/mo

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$610,200
Zestimate
$39,271
Annual Revenue
This property is projected to be in the top 40% revenue percentile compared to similar properties nearby.
Projected nightly rate is $233/night at 68% occupancy.Projected nightly rate is $192/night at 56% occupancy.
Top 41% of comparables
Top 41% of comparables
Seasonality
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-$21,877
Profit
Revenue
$39,271
Operating Expenses
$18,785
Operating Income
$20,486
Mortgage & Taxes
$42,363
Profit (Cash Flow)
-$21,877
$150,940
Cash Investment
Down Payment
$125,600
Renos & Furnishing
$6,500
Closing Costs
$18,840
Total
$150,940
DSCR Ratio
Weak
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
-14.49%
Cap Rate
3.26%
STR Tax Calculator (USA)
Your current annual income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your est deduction will be...
Deductible mortgage interest
$29,806
Deductible property tax
$6,217
Your total deduction
$84,989
Your adjusted annual income
$150,000 - $84,989 = $65,011
Taxes on $65,011 (30%)
$19,503
Your old tax bill
$45,000
Your new tax bill
$19,503
Estimated tax savings
$25,497
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
96,750 sqft
Year built:
2004
Size:
1,056 sqft
Type:
CONDO
Parking:
-
Heating:
NONE
Sold Comparables
Address | Beds | Baths | Square Feet | $/SqFt | Lot Size | Year Built | Last Sale | Days on Market |
---|---|---|---|---|---|---|---|---|
913 W Beach Blvd # B-10 | 2 | 1 | 792 | - | 58,650 | 1980 | $417,600 | - |
1027 W Beach Blvd # 117 | 3 | 1 | 1,260 | - | 73,000 | 1984 | $605,000 | 1 |
533 W Beach Blvd # 14a1 | 1 | 1 | 634 | - | 65,250 | 2006 | $373,000 | - |
930 W Beach Blvd # 223 | 2 | 1 | 643 | - | 56,231 | 1983 | $0 | 476 |
949 W Beach Blvd # 4r-2405 | 2 | 1 | 920 | - | 74,000 | 1995 | $479,850 | - |
949 W Beach Blvd # # | 2 | 1 | 920 | - | 74,000 | 1995 | $0 | 182 |
1007 W Beach Blvd Apt 83 | 2 | 1 | 1,152 | - | 54,600 | 1983 | $520,000 | 107 |
1149 W Beach Blvd # F-1 | 2 | 1 | 1,030 | - | 35,900 | 1985 | $392,500 | - |
728 W Beach Blvd # 212 | 2 | 1 | 792 | - | 86,000 | 1980 | $355,000 | - |
728 W Beach Blvd # 210 | 2 | 1 | 792 | - | 86,000 | 1980 | $27,500 | 195 |
Property Details
- MLS Status: N/A
- Property Use: Condominium
- Stories: 0
- Lot size: 96,750 sqft
- Building area: 1,056 sqft
- Garage: No
- Heating: None
- Pool: No
- Fireplaces: 0
- Basement: Yes
- Cooling: -
- View: -
- Parking: -
- Amenities: -
- Price per square foot: -
Lot Info
- Zoning: -
- Land Use: Residential
- Parcel Number: 66-04-19-4-000-027.000-924
- Flood Zone: Yes, Zone
Tax Info
- Year Assessed: 2022
- Assessed Value: $45,420
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: $454,100
Market Estimate: $455,256
Sale history
Date | Sale Price | % Financed | Buyer |
---|---|---|---|
07/28/21 | $495,000 | 0% | Kim E Blankinshiip, Carol D Blankinshiip |
11/08/13 | $243,000 | 0% | Nelson,Randall A & Regina A Trust |
10/26/06 | $406,300 | 79% | Randall A Nelson, Regina A Nelson |
11/08/04 | $581,200 | 63% | Anthony P Walker |
05/11/04 | $375,000 | 90% | John T Elieff, Kerry Elieff |
Ownership
- Name: Kim E Blankinshiip
- Owner Occupied: No
- Owner Mailing Address: 106 River Colors Dr, Muscle Shoals, Al 35661
- Years Owned: 32
- Home Equity: -
- Mortgage Balance Remaining: $0
- Financed amount: 90%
- Owner Type: Individual
- Lien: No
- Inherited: No
- Foreclosure: No