Ocean Reef Homes under $500,000

Welcome to Ocean Reef, a hidden gem nestled in the heart of Gulf Shores, Alabama! This charming subdivision offers the perfect blend of coastal living and community spirit, making it an ideal choice for families, retirees, and everyone in between. With its picturesque surroundings and proximity to the sparkling waters of the Gulf of Mexico, Ocean Reef beckons those who appreciate the beauty of nature and the allure of beachside living.

One of the most appealing aspects of Ocean Reef is the variety of homes available, particularly for buyers seeking value under $500,000. Here, you’ll find a delightful selection of residences that cater to diverse tastes and lifestyles. From cozy beach cottages to modern family homes, each property is designed to enhance your coastal experience while providing the comfort and amenities you desire. Imagine waking up to the sound of waves and having your morning coffee on a sun-drenched porch, or enjoying evenings with friends in your spacious backyard.

Beyond the beautiful homes, Ocean Reef boasts a vibrant community atmosphere. Residents take pride in their neighborhood, which features well-maintained streets, lush landscaping, and easy access to local parks and recreational areas. With nearby shopping, dining, and entertainment options, you’ll find everything you need just a stone's throw away.

Embrace the coastal lifestyle in Ocean Reef, where affordability meets charm and community. Don’t miss the opportunity to find your dream home in this delightful subdivision—your slice of paradise awaits!

Newest Ocean Reef Homes under $500,000

$409,900

3 Beds ⋅ 2 Baths ⋅ 371341 MLS ⋅ Ocean Reef BLDG.

Low density complex with only 45 units and just a 1/2 mile from the Hwy 59 intersection. This West Beach location is perfect to park the car and walk to about any activity. The condo has a direct view over the tropical pool area and only steps to the beachfront. The interior has been updated with paint, flooring, and furnishings. Covered, assigned parking is located directly below the condo. Buyer to verify all information during due diligence.

507 W Beach Blvd Unit 304, Gulf Shores

$355,000

2 Beds ⋅ 1 Baths ⋅ 363184 MLS ⋅ Ocean Reef BLDG.

Looking for your piece of paradise? This cozy, coastal condo offers the perfect beachside retreat with 2 bedrooms, 1 bathroom, and charming light and airy furnishings and décor throughout. Enjoy balcony access from both bedrooms and the living area, with views overlooking the sparkling pool. The unit features durable luxury vinyl plank flooring throughout and a fully equipped kitchen with painted cabinets, overlooking the breakfast area—ideal for a vacation getaway or investment property. Additional highlights include assigned owner parking, easy beach access just steps away, a large outdoor pool area with grills and plenty of seating, and a convenient laundry facility underneath the condo. The HVAC unit was replaced in September 2023. Located in a prime spot within walking distance to popular restaurants, shopping, and entertainment. Don’t miss out on this fantastic opportunity! Buyer to verify all information during due diligence.

507 W Beach Blvd Unit 502, Gulf Shores

$372,000

2 Beds ⋅ 1 Baths ⋅ 377610 MLS ⋅ Ocean Reef BLDG.

Seller offering to cover 12 months of HOA dues to new buyer. This charming Beachfront condo is in a low density, two storied complex that offers a fantastic partial ocean view and quick access to the beach. Located in the heart of Gulf Shores, Ocean Reef is within walking distance to the Hang Out, local restaurants, and popular attractions. From this unit you will have views of the courtyard pool and the Gulf of Mexico. This short-term rental has covered parking as well as a large outdoor deck. Don’t miss out on this rare opportunity to own a piece of Gulf Shores paradise! Buyer to verify all information during due diligence.

507 W Beach Blvd Unit 402, Gulf Shores

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