The Beach Club Destination Resort Condo Sales Stats June to November 2012
The Beach Club Gulf Shores is unique in that it represents coastal Alabama's only Destination Resort and its location, standing alone on the Fort Morgan Peninsula adds to its luster. Just about everything you could ever want or need can be found on-site, to include shops, restaurants and even a spa. The only thing you might want to leave the gates for, might be a round of championship golf at our state's top rated Kiva Dunes golf course or perhaps an inshore or or offshore fishing trip.
Another unique aspect of The Beach Club is the full calender of planned activities for both children and adults, like:
- Yoga & Zumba
- Live Music
- Karaoke
- Poolside Movies
- Scavenger Hunt
- Arts and Crafts Classes
The Clubhouse is the headquarters for the wide array of family activities happening daily during the seasonal months at The Beach Club. How nice is it to not have to worry about entertaining your kids on vacation? I can also guarantee that you will never hear this: "Mom, I'm bored!" The remote location on the Fort Morgan Peninsula offers a sanctuary from the heavy crowds that flock to the beaches during the summer season and provided a private stretch of pristine white sand for Beach Club owners, guests and vacationers.
Summer sales through November have been strong at The Beach Club, with 19 units closed since the first of June. There are also 4 units pending sale, which is solid for this time of year. One of the units under contract is listed over 650K, thus even the luxury units on the market are showing signs of life. See the complete sales stats in the chart below:
| Statistics (19 listings) |
|||||
| Low | High | Average | Median | Total | |
| List Price | $199,000 | $399,000 | $308,021 | $299,000 | $5,852,400 |
| Selling Price | $188,000 | $374,000 | $289,500 | $285,000 | $5,500,500 |
| Sold/List(%) | 88.48% | 100.04% | 94.02% | 94.12% | -- |
| Price/SqFt ($) | $141.01 | $324.93 | $267.94 | $271.78 | -- |
| Days on Market | 45 | 913 | 215 | 121 | -- |
The Beach Club actually has its own rental management team on-site, which makes it super convenient for guest check-in and check-out, in addition to a rapid response to any needs that should arise during their stay. So what kind of gross rental numbers can owners expect before management percentage, condo fees and operating costs deductions? The numbers are actually the strongest at the Catalina building, with the high returns breaking down like this:
- 1 Bedroom: 23K+
- 2 Bedroom: 29K+
- 3 Bedroom: 29K+
- 4 Bedroom: 44K+
For more information on The Beach Club Destination Resort in Gulf Shores or to tour the active condo units for sale, please feel free to contact the SouthAlabamaLiving Real Estate Team at Keller Williams Realty Alabama Gulf Coast Toll-Free and 24/7 at 866.330.0223!
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