www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31271002
31271003

728 W Beach Blvd, Gulf Shores, AL 36542 For Sale

Beachball Properties
Listed by Beachball Properties
$299,900
114 days on market
Updated 114 days ago

Turn-Key 2BR Condo w/ Deeded Beach Access | Fully Furnished

Details
Property Type Multifamily
Sub Type Residential-Single Family
Square Footage 792
Units 1
Cap Rate 10.00%
Price per SqFt $379
Broker Co-Op Yes
Class A
Year Built 1980
Sale Condition For sale by owner

Beach Access Condo | Fully Furnished | Income-Producing Potential

Marketing description

Beach Access Condo | Fully Furnished | Income-Producing Potential

Welcome to Lani Kai 127, a fully updated 2-bedroom condo offering immediate usability and strong short-term rental appeal in Gulf Shores, Alabama.

πŸ’° Offered at $299,900

This second-floor unit is strategically located directly across from public beach access, making it highly desirable for vacation renters and seasonal visitors.

Investment Highlights:
β€’ Turn-key, rental-ready asset
β€’ Deeded beach access (high guest demand driver)
β€’ Updated finishes: granite, stainless steel, tile throughout
β€’ Lagoon-facing balcony enhances guest experience
β€’ Covered parking + pool amenities
β€’ Centrally located near major attractions

Nearby Demand Drivers:
Waterville USA | Gulf State Park | Alabama Gulf Coast Zoo | Dining & Entertainment

πŸ“Š Strong candidate for short-term rental income and long-term appreciation in a high-demand coastal market.

πŸ“© Contact for pro forma income estimates & occupancy data
πŸ“ž Jonathan R. Bennett

Investment highlights

πŸ“Š Investment Highlights

  • Turn-Key, Fully Furnished Asset – Immediate usability for short-term or long-term rental with no additional setup required

  • Deeded Beach Access – Directly across from Alabama’s sugar-white beaches, a major driver of rental demand and occupancy

  • Prime Gulf Shores Location – Centrally positioned near top attractions, dining, and entertainment hubs

  • Short-Term Rental Potential – Ideal layout and location for vacation rental income in a high-demand coastal market

  • Updated Interior Finishes – Granite countertops, stainless steel appliances, updated cabinetry, and modern dΓ©cor enhance guest appeal

  • Low-Maintenance Construction – Tile flooring throughout reduces wear-and-tear and operating costs

  • Private Lagoon Views – Balcony and kitchen views add unique value and guest experience differentiation

  • On-Site Amenities – Community pool and covered parking increase desirability for renters and owners

  • Strong Tourism Demand Drivers Nearby

    • Waterville USA (1.5 miles)

    • Alabama Gulf Coast Zoo (2 miles)

    • Gulf State Park Pier (5 miles)

    • Wade Ward Nature Park (1 mile)

  • Affordable Entry Point – Positioned under $300K, offering accessible investment into a high-performing beach market

  • Second-Floor Positioning – Elevated unit with covered parking below (note: stairs only, no elevator)

Listing Contacts

Beachball Properties
Listed by Beachball Properties

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Jonathan R. Bennett Orange Beach & Gulf Shores Realtor
License
110875
Brokerage
Beachball Properties
Brokerage Phone
2514245682
Title
Associate Broker
Brokerage Address
22989 Perdido Beach Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
Β© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591