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527 E Beach Blvd APT 1501, Gulf Shores, AL, 36542

4beds
4baths
2,104sqft
$1,050,000
$499price/sqft
$6,545/moest. monthly cost
$261,800/yrincome needed

About This Home

Seller to provide a $5,000 decorating/paint credit at closing to personalize the interior! This 15th-floor 4-bedroom, 4-bath Gulf-front corner condo at The Colonnades is a true rental powerhouse and luxury retreat in one. Positioned high above the shoreline for maximum demand, this unit delivers premium elevation, breathtaking panoramic Gulf views, and strong income potential. With over 2,100+ sq. ft. of spacious living, floor-to-ceiling windows flood the open-concept living and dining areas with natural light while showcasing unobstructed Gulf views. The fully equipped kitchen features granite countertops, stainless appliances, and ample seating for large groups. The Gulf-front primary suite offers direct balcony access, a king bed, and a spa-style en-suite bath with dual vanities, jetted tub, and walk-in shower. A second king suite with bay-view balcony access, a queen guest suite. Additional highlights include a walk-in laundry room with full-size washer and dryer, and premium finishes. Building amenities include an outdoor pool, hot tub, and fitness center. Prime Gulf Shores location just minutes from dining, shopping, and entertainment. Whether you’re seeking a turnkey income property or a luxury second home that pays for itself, this 15th-floor Gulf-front corner unit at The Colonnades delivers outstanding value. Buyers and agents to verify all information during due diligence.

Getting Around

19
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

9/10
10/10
8/10
Gulf Shores High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 2006

Type & Style

  • Home type: Condo
  • Architectural style: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Washer,Disposal,Microwave,Dishwasher

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Wet Bar,Ceiling Fan(s),High Ceilings
  • Flooring: Tile,Luxury Vinyl Plank
  • Fireplace features: No Fireplace

Heating

  • Heating features: Electric

Interior Area

  • Total interior livable area: 2,104 sqft

Property

Details

  • Parcel number: 6605212000182.000.934
  • Special condition: None

Features

  • Stories: 1
  • Has view: Yes
  • View description: Direct Gulf Front
  • On waterfront: Yes
  • Waterfront features: Gulf Front Building
  • Waterbody name: Gulf Of Mexico / America

Lot

  • Features: Waterfront,Water View

Parking

  • Parking features: Condo Covered Parking

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Inland Flooding
    Inland FloodingVery High
  • Coastal Flooding
    Coastal FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Inland Flooding
Coastal Flooding
Lightning
Tornado
Wildfire
Tsunami

FEMA Declared Disasters Across Alabama Counties

Flood
Hurricane
Severe Storm
Tornado
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,309$63,708
Home Insurance *$743$8,916
Property Taxes $253$3,036
Electricity $240$2,881
Total$6,545$78,540
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$224,400/yr
40% on housing$196,350/yr
45% on housing$174,533/yr

Alabama FAIR Plan Programs

Alabama FAIR Plan

Covered
None
Add-on available
WildfireWildfire
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.4%
10.4%
0%30.0%
Electricity Growth Rate10-year average: 6.0%
6.0%
0%15.0%
Property Taxes Growth Rate2-year average: 5.7%
5.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$499This listing

vs Other Active Listings

Avg $/sqft

ZIP 36542$340
Baldwin County$238

vs Homes Sold Last Month

Median $/sqft

ZIP 36542$249
Baldwin County$189

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-07Pending sale$1,050,000
2026-02-02Price change$1,050,000
2025-12-11Listed for sale$1,099,000
2011-02-04Sold$552,000

For Sale by Agent

AgentChip Forrest
BrokerageRE/MAX of Orange Beach

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