Welcome to Lagoon Run 303, a rare opportunity to own a fully updated 2 story loft waterfront condo in the heart of Gulf Shores, Alabama, where coastal living meets income-producing potential. Perfectly positioned at 1784 W Beach Blvd, Unit 303, this beautifully renovated 2-bedroom, 2-bathroom condo with a loft offers 1, 048 square feet of thoughtfully designed space and comfortably sleeps up to 8 guests. Step inside and experience a light-filled interior that was completely refreshed in 2021, featuring modern paint, stylish furnishings, and curated coastal décor. The open-concept layout flows seamlessly to your private balcony, where direct lagoon views create the perfect backdrop for morning coffee or sunset relaxation. This property is more than just a home. It is a proven short-term rental investment opportunity in Gulf Shores, with projected annual income of $50K-$60K. Whether you are an investor searching for a high-demand Airbnb property, a second-home buyer, or looking for a full-time waterfront residence, this condo delivers flexibility and value. Located in the highly desirable Lagoon Run community, this low-density complex with onsite elevator offers a unique combination of privacy and amenities that are increasingly hard to find. Enjoy direct lagoon access with a private boat launch, first-come boat slips, and onsite trailer parking. Even better, the white sand beaches of the Gulf are directly across the street, giving you the best of both water worlds. Recent exterior upgrades to the complex include new hardie board siding, hurricane-rated windows and sliding glass doors, rebuilt stairways, and refreshed landscaping. These improvements not only enhance curb appeal but also contribute to long-term structural integrity and peace of mind. You & your guests will also enjoy 2 dedicated covered parking spaces. Offered fully furnished & turnkey ready! New HVAC 2025.