Isn’t it great that our little corner of the world is so popular that millions of people want to come here from all over the country every year? Well, they have to stay somewhere!
Gulf Shores and Orange Beach Condo Rental Income
Because of the incredible demand that our beaches draw, thousands of people have figured out a way to capitalize on it. They buy condos for investment purposes. The real estate market in Gulf Shores and Orange Beach continues to grow annually in both tourism and condo purchases. And, the good news is ,for the folks who want to buy a condo here for an investment, we have rental history to show for virtually every property here at the beach.
We have a number of property management companies here in Gulf Shores and Orange Beach, from large corporations to small mom-and-pop operations. The figures below are brought to you by one of the large property management companies here – Meyer Property Management.
To be clear, I am in real estate sales and I have nothing to do with property management other than recommending certain companies to my clients based on my experience. My job in selling condos is to provide my clients with everything they will need, which includes finding them a great property management company to work with based on their needs.
Important Factors to Consider
While Meyer provides this great list for us to use, these numbers are based on clients who they have in these buildings.
The hundreds of condo complexes that are represented here in Gulf Shores and Orange Beach are also served by a couple of dozen other management companies as well.
There are also a number of condos that are self-managed (saving the owner from paying management fees).
With that being said, the list below from Meyer is a fantastic gauge to go by when considering a condo purchase at the beach for investment.
Many condo owners can attract more renters, yielding them more income than you see below.
Below this list, you will find ways to optimize your yearly rental income.
Any of the links below will take you to the real estate page for that complex that will show you exactly what is for sale in that community.
FYI – the main reason for the difference between the “High” and “Average” figures below has to do with the owners using their condo for themselves.
Annual Rental Income for Gulf Shores and Orange Beach – 2018
| Condo | Beds/Baths | High | Average |
| Admirals Quarters | 2/2.5 | $41,858 | $39,349 |
| Bayview | 2/2 | $12,901 | $10,742 |
| Beach Club – Avalon | 2/2.5 | $33,397 | $27,842 |
| 3/3.5 | $36,500 | $36,500 | |
| 5/5 | $68,000 | $68,000 | |
| Beach Club – Bristol | 2/2.5 | $27,000 | $27,000 |
| 3/3 | $34,525 | $29,794 | |
| Beach Club – Catalina | 1/1.5 | $24,350 | $23,257 |
| 2/2 | $33,005 | $28,758 | |
| 3/3 | $38,399 | $37,769 | |
| 4/4 | $53,500 | $53,500 | |
| Beach Club – Doral | 1/1.5 | $32,097 | $27,616 |
| 2/2 | $33,871 | $28,835 | |
| 3/3 | $38,500 | $38,500 | |
| 3/3 PH | $46,000 | $46,000 | |
| Bel Sole | 3/3 | $35,721 | 33,400 |
| Bella Luna | 3/3.5 | $40,000 | $40,000 |
| 4/4.5 | $65,000 | $65,000 | |
| Bluewater | 3/2 | $45,186 | $33,329 |
| Boardwalk | 1/1.5 | $25,000 | $25,000 |
| 2/2 | $32,311 | $31,814 | |
| 3/2 | $40,359 | $40,102 | |
| Broadmoor | 2/2 | $35,705 | $31,468 |
| Caribbean | 1/1.5 | $29,054 | $26,798 |
| 2/2 | $53,273 | $49,910 | |
| Caribe | 2/2 | $39,000 | $39,000 |
| 3/3 | $48,850 | $38,478 | |
| Castaways | 2/2 | $28,000 | $28,000 |
| 3/2 | $36,599 | $34,333 | |
| Clearwater | 1/1 | $33,141 | $29,489 |
| 2/2 | $28,586 | $23,407 | |
| Colonnades | 3/3 | $47,137 | $46,503 |
| 4/4 | $65,834 | $53,696 | |
| 4/4.5 | $54,500 | $54,500 | |
| Compass Point | 1/1 | $18,925 | $17,404 |
| Cotton Bayou | 3/3 | $20,500 | $20,500 |
| Crystal Shores | 2/2 | $36,739 | $31,148 |
| Crystal Shores West | 2/2 | $43,786 | $31,860 |
| 3/3 | $47,477 | $42,471 | |
| 4/4 | $69,600 | $69,600 | |
| Crystal Tower | 2/2 | $26,019 | $23,378 |
| Dunes, The | 1/2 | $18,055 | $16,590 |
| 2/2 | $16,302 | $13,441 | |
| Edgewater | 2/2 | $27,103 | $26,048 |
| Edgewater West | 2/2 | $29,423 | $27,102 |
| 3/3 | $31,442 | $30,289 | |
| Emerald Key | 3/2 | $33,025 | $31,737 |
| Emerald Skye | 1/1 | $31,546 | $29,191 |
| Enclave, The | 3/3 | $47,546 | $41,277 |
| 4/3 | $48,500 | $48,500 | |
| Escapes! To the Shore | 1/1 | $14,958 | $13,637 |
| 2/2 | $49,553 | $35,625 | |
| 3/3 | $66,000 | $66,000 | |
| Four Seasons | 3/3 | $57,367 | $48,885 |
| Four Winds | 1/1 | $31,067 | $25,621 |
| Ft. Morgan Town Homes | 2/2 GF | $47,500 | $47,500 |
| Grand Beach Resort | 1/1 | $15,603 | $14,202 |
| 1/1.5 | $20,500 | $20,500 | |
| Grand Caribbean | 2/2 | $16,203 | $14,983 |
| Grand Pointe | 3/3 | $40,311 | $38,185 |
| 4/4.5 | $60,903 | $54,018 | |
| Gulf House | 3/2 | $25,000 | $25,000 |
| Gulf Shores Plantation | 2/2 GF | $28,000 | $28,000 |
| 1/1 GV | $16,023 | $14,302 | |
| Gulf Shores Surf & Racquet | 2/1 | $16,500 | $16,500 |
| Gulf Tower | 2/2 | $29,713 | $25,128 |
| Gulfside Townhomes | 2/2.5 | $20,000 | $20,000 |
| Harbour Place | 2/2 GF | $37,000 | $37,000 |
| 3/3 | $35,500 |
