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Lighthouse condo sales have been steady even though Gulf Shores real estate sales have been slow. The Lighthouse condo in Gulf Shores has been the most popular condominium project to ever hit Gulf Shores. Our company took over a thousand reservation attempts in 24 hours from investors across the nation. There are 1, 2 and 3 bedroom units for sale ranging from approximately 900 square feet to 1600 on the corners.
The Lighthouse has also been the best condominium rental-property in the area since its completion in 2006. It's booked in the peak and off seasons making it a great investment. Currently, there are 3b corner units for sale in the Lighthouse in the low 600,000's. They have been exceeding $50,000 in annual rentals, it's a great investment.
The 1 bedroom units have a unique feature in the Lighthouse. They have 7x6 space called a "computer room" that many owners have utilized as an extra bedroom. The space is small, but large enough for bunk beds. The room had to be labeled as a "computer room" due to fire safety regulations. The 1 bedroom units are averaging around $35-40,000 per year in gross income. The 2 bedroom units in the Lighthouse condominiums are probably the safest option for an investment in the area, especially when bought for around $400,000.
For a list of condos for sale in the Lightouse, or for any questions about Lighthouse condos, please email or call anytime.
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