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1940 W Beach Blvd APT 201, Gulf Shores, AL, 36542

3beds
3baths
1,860sqft
$640,000
$344price/sqft
$4,083/moest. monthly cost
$163,320/yrincome needed

About This Home

MOTIVATED SELLER!!! PRICED BELOW MARKET VALUE Lagoon Tower is a luxury condominium complex located at 1940 W Beach Blvd in Gulf Shores. This low density development comprises only 32 units with just 2 residences per floor, ensuring a spacious and private living experience.Each condo features floor to ceiling windows that offer panoramic views of either Little Lagoon or the Gulf of America. Residents enjoy deeded beach access directly across the street, providing easy entry to the pristine white sands and clear water of the Gulf.Amenities include outdoor pool and heated indoor pool with a hot tub. Outdoor grilling for those times you want to cook at the condo. Private pier for fishing and first come first serve boat slips.Unit 201 offers stainless steel appliances new refrigerator and granite countertops. HVAC was replaced in 2018, hot water heater in 2023 and new stove in 2024. You also have a private elevator entry to the condo. Buyer to verify all information during due diligence.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

9/10
10/10
8/10
Gulf Shores High SchoolGrades 9-124.8 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2005

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Concrete

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater,Built In Microwave,Dishwasher,ENERGY STAR Qualified Dishwasher,ENERGY STAR Qualified Dryer,ENERGY STAR Qualified Refrigerator,ENERGY STAR Qualified Appliances,ENERGY STAR Qualified Washer
  • Laundry features: Inside

Bedroom

  • Level: First
  • Area: 154

Bedroom1

  • Level: First
  • Area: 121

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Baseboards,Ceiling Fan(s),High Ceilings,High Speed Internet
  • Window features: Double Pane Windows,Blinds,Drapes,Drapery Rods
  • Flooring: Tile,Carpet

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 1,860
  • Total interior livable area: 1,860 sqft

Kitchen

  • Level: First
  • Area: 325

Master Bedroom

  • Level: First
  • Area: 208

Property

Details

  • Parcel number: 6706233001014.000.901
  • Zoning description: City

Features

  • Levels: One
  • Stories: 1
  • Private pool: Yes
  • Pool features: Indoor,Pool/Spa Combo,Community
  • Exterior features: Balcony
  • Spa features: Community
  • Has view: Yes
  • View description: Gulf,Lagoon,Water
  • Has water view: Yes
  • Water view: Gulf, Lagoon, Water
  • Waterfront features: Deed Access,Beach,Waterfront Deed Access

Parking

  • Parking features: Parking Lot

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

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

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Inland Flooding
Lightning
Tornado
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 $3,236$38,832
Home Insurance *$453$5,436
Property Taxes $154$1,848
Electricity $240$2,881
Total$4,083$48,996
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$139,988/yr
40% on housing$122,490/yr
45% on housing$108,880/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

$344This listing

vs Other Active Listings

Avg $/sqft

ZIP 36542$342
Baldwin County$239

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)

Price History

DateEventPrice
2026-02-28Price change$640,000
2025-05-29Price change$699,000
2025-01-10Price change$720,000
2024-07-02Price change$744,900
2024-05-17Price change$759,900
2024-03-06Price change$775,000
2024-01-27Listed for sale$795,000

For Sale by Agent

AgentValerie Reynolds
BrokerageRE/MAX Paradise, Inc.

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