Address: 455 East Beach Blvd Gulf Shores, AL. 36542
One of the more majestic looking condo towers on the beach is Lighthouse Condominiums. It's wide stature and contemporary design really make it stand out among its neighbors in Gulf Shores. The building's architectural style is stunning and sets itself apart from every other complex at the beach. One of the things that stand out to me as I ride down the "beach" road is that there are many buildings on the beach that look similar and tend to get lost among each other. Lighthouse real estate is different. Once you learn the name and what the building looks like, you never seem to forget it. Do not pass this option by if you are looking for condos for sale between $400,000 and $500,000. This is one of Gulf Shores' gems that is in a great location and offers a little bit of everything for the picky buyer. Please read further down the page to learn more.
Lighthouse Condos Real Estate
Lighthouse is located on East Beach Blvd in Gulf Shores nestled in between Island Sunrise and Whaler. The location is within walking distance to The Hangout, which means that you will have plenty of places to go and not have to drive/walk to far to get the things that you need. Quick access to Route 59 (Gulf Shores Pkwy) is also within reach in case you would like to visit the many shopping options in Foley, Al.
Lighthouse Condos Real Estate Details
Built in 2006 (the same year that San Carlos was built), this stately building has 18 floors with 251 individual units. All of the units that are for sale will have a gorgeous view of the white, sandy beaches and the Gulf.The property is 4.07 acres of land with 635 feet of private beach.The beach is private property to the association to the mean high tide mark on the beach. The distance from this mark to the shore line is public beach and owned by the city. This complex has 1,2, and 3 bedroom units ranging in size from 875 to 1,500 square feet.
View the floor plans for the Lighthouse.
*** Scroll down to see all available condos that are for sale at Lighthouse ***
Seawind of Gulf Shores is a good example of condos that are for sale that are similar to Lighthouse.
Rental Information and Potential
The majority of the people who own condos at the beach rent out their units for various periods of time. Some use the property as a second home and only rent it out a few days a year to friends and family. Others take a more aggressive approach and try to capitalize on as much rental income as possible. This can be done a couple of different ways. They do so through self-managing through VRBO (Vacation Rentals By Owner) or by using one of the many rental management companies in town, like Pointe South, Meyer, or Kaiser. Please note that there are on-site rental facilities at this location so bookings or issues can be taken up with them.
Lighthouse is one of the best producing communities on the beach for producing real estate rental income for their owners. In 2014, the highest rental income for a 1 bedroom unit was about $42,921 and the average was around $37,382. The highest rental income last year for a 2 bedroom unit was about $48,653 and the average was $35,944. The highest for a 3 bedroom unit last year was $52,166 and the average was $42,420. The main reason for the difference in the high and average figures is the amount of time that the unit is "available" to rent. Other reasons are usually marketing, paint choices, quality of internet picture, tile vs. carpet, granite counter tops, the view, etc…
Condo (HOA) fees include:
The fees for this association are between $375-$633/month. This is due to the various sizes of the units. The fees include:
The Lighthouse Area
There are 31 restaurants within 1 mile from this location. Here are a few to get you started:
Some things to do within 1 mile:
If you are interested in purchasing a great condo for sale in Gulf Shores, consider Lighthouse and please call, email, or message me from the information on the right side of your screen. I will get you additional details on a property, rental histories, or schedule a private tour for you. I look forward to working with you on your next purchase.
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