Alabama Gulf Coast Waterfront Condos under $150,000 – an update! {Orange Beach, Gulf Shores, Fort Morgan}

by kddoggett on March 12, 2015

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In 2011 I posted about the availability of Gulf Front  Condos along our Alabama Gulf Coast Beaches for sale- for UNDER $150,000.  This post is easily my most visited and thus an update is in order!  You can find that historical post here.  At that time there were 46 available condos for sale under the $150,000 price range that were true Gulf Front.  At that time our inventory was at an all time low and prices were also still very affordable.

So, 4 years later where does the condo real estate market in Gulf Shores, Orange Beach and Fort Morgan stand?  When I ran that same search today March 12th, 2015 there were 35 available Gulf Front condos for sale under $150,000. These condos range from studio units at $72,000 to 2 bedroom 2 bath condo units at $149,900.  The locations range from Fort Morgan (many at the Gulf Shores Plantation), Sugar Beach condos located in Orange Beach, and even small West Beach Complexes in Gulf Shores.

Of these available 35 condo units listed for sale in Gulf Shores, Orange Beach, and Fort Morgan for under $150,000, 20% of them are already under contract.  Many of these units could be rental machines and great investment properties!

If you would like to know an average annual rental return on any of these condos, please don’t hesitate to contact me! 2015 is the year to invest in our little piece of paradise along the beautiful Alabama Gulf Coast!

Search for yourself here!  (Not finding what you are looking for?? Call me!)

Need more reasons why Gulf Shores, Orange Beach and Fort Morgan are good investments? Follow my blog! You’re sure to find more than enough information to take that leap!

~Kristy

251.747.2146

 

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