Address
500 Grant Street B206, Daphne, AL
Price
$ 149,000
Property Attributes
- MLS#395666
- TypeSingle Family
- Listing Status Active
- CountyBaldwin
- CityDaphne
- NeighborhoodBay Forest
- Zip36526
- StyleCondo
- Year Built1983
- Price$ 149,000
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage873
Data Source:
Baldwin County MLS (BCAR)
Property Description
INVESTOR OPPORTUNITY! Seven units are available for purchase together or separately, offering flexibility for investors looking to add to their portfolio or acquire a cash-flowing package. The seller would prefer a portfolio sale but will consider individual offers. The four occupied units are offered together for $572,000, with $63,700 in gross annual income, $41,392 NOI, and a 7.24% pro forma cap rate. These figures are based on historical performance and are provided for informational purposes only; future income, expenses, and returns are not guaranteed and may change. For reference, the individual MLS numbers for the four occupied units are: 395674, 395671, 395670, 395666. Seller will pay off the temporary HOA special assessment at closing. The remaining three units are vacant and move-in ready, with a $5,000 seller concession available toward closing costs or a 2-1 rate buydown. For reference, the individual MLS numbers for the three vacant units are: 395673, 395672, 395668. The seller is ready to make a deal! Call today for details, financials, or package options. Buyer to verify all information during due diligence.
| Elementary School | Middle School | High School |
|---|---|---|
| Daphne Elementary Elementary School | Daphne Middle Middle School | Daphne High High School |
| Price History | |
|---|---|
| 7/30/2026 | Listed $149,000 |
General Features
| Utilities | Total Electric,Daphne Utilities,Riviera Utilities,Water Heater Electric |
|---|---|
| HOA Fee | 250 |
| View | None/Not Applicable |
| Property Subtype | Residential Attached |
| Waterfront Features | No Waterfront |
| Community Features | None |
| County | Baldwin |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Bay Forest |
| Status | Active |
| Directions | From Corner of Van Buren and Main Street travel North on Main Street to Bay Forest Condo Complex on the Right. Building B is on the left. Upstairs unit |
| High School | Daphne High |
| City | Daphne |
| MLS Area | Baldwin |
| Elementary School | Daphne Elementary |
| Home Warranty Y/N | true |
| Middle/Junior High School | Daphne Middle |
| Standard Status | Active |
| Pets Allowed | Yes |
| Heating | Electric |
| Cooling | Electric |
| Possession | At Closing |
| Roof | Composition Shingle |
| Appliances | Dryer,Washer,Dishwasher,Refrigerator,Electric Range |
| Patio/Porch Features | Covered Patio |
| Architectural Style | Condo |
| Year Built | 1983 |
| Full Baths | 1 |
| Stories Count | 1 |
| Assoc Fee Paid Per | Monthly |
| Association Fee Includes | Pool,Taxes Common Area,Common Area Insurance,Common Area Maintenance |
| Pool Features | In Ground |
| Unit Number | B206 |
| Number Of Units Total | 8 |
Interior Features
| Air Conditioning Y/N | true |
|---|---|
| Heating Y/N | true |
| Fireplace Y/N | false |
| Flooring | Wood |
| Furnished Y/N | Unfurnished |
| Fireplace Features | No Fireplace |
| Half Baths | 1 |
| Total Bedrooms | 2 |
| LivingAreaSource | Agent Measured |
| Total Baths | 2 |
Exterior Features
| Lot Features | Some Trees |
|---|---|
| Parking Features | Condo Assigned Parking |
| Exterior Amenities | Storage |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 36526
Price
Year Built
© 2026 Greater Alabama MLS. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or REMAX Premiere Group. Data last updated: September 14, 2026 6:58 PM UTC
Baldwin County Association Of Realtors®: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may
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