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$540,000

Est. payment - /mo

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2 Beds

2 Baths

1,064 SqFt

Active

24400 Perdido Beach Boulevard #506 Orange Beach, AL 36561

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Jennifer Sage

jennifer.sage@callitclosed.com +1(251) 751-3839

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Key Details

Property Type Single Family Home

Sub Type Residential Attached

Listing Status Active

Purchase Type For Sale

Square Footage 1,064 sqft

Price per Sqft $507

Subdivision Phoenix V

MLS Listing ID 395647

Style Condo

Bedrooms 2

Full Baths 2

Construction Status Resale

HOA Fees $670/mo

HOA Y/N Yes

Rental Info Yes

Year Built 1995

Property Sub-Type Residential Attached

Source Baldwin County

Property Description

Perfectly situated on the fifth floor in one of the best rental complexes along the Alabama Gulf Coast, Phoenix V Unit 506 is a lovely Gulf front condo strategically priced below all comparable sales from the last four years! With gross rentals over $53,000 in 2024, over $47,000 in 2025, and a projection of over $80K from Ball BNB, this property is well-positioned to provide a boost your portfolio. As you enter the condo and your feet glide across the tiled floors, you are welcomed by an abundance of natural light streaming from the floor to ceiling glass that lines the southern exposure. The open concept layout seamlessly combines the kitchen, dining area, and living room to create an ideal waterfront space for entertaining family and friends. The kitchen is outfitted with granite countertops, real wood cabinets, an abundance of storage, tiled backsplash, a bar with seating for two, and Gulf views. The Gulf front master suite features direct balcony access, a king bed, and a beautifully updated walk-in shower with a sliding glass door. The amenities at Phoenix V make it one of the most highly sought-after destinations along the Gulf Coast and include a short walk to the beach, splash pad, indoor and outdoor pools, kiddie pool, spa, sauna, tennis courts, racquetball, grilling area, and a fitness center. Buyer to verify all information during due diligence.

Location

State AL

County Baldwin

Interior

Interior Features En Suite, Internet, Storage

Heating Heat Pump, Electric

Flooring Tile, Luxury Vinyl Plank

Fireplaces Type No Fireplace

Furnishings Furnished

Fireplace No

Window Features Window Treatments

Appliance Disposal, Microwave, Dishwasher, Electric Range, Washer/Dryer Stacked, Plumbed For Ice Maker, Smoke Detector

Heat Source Heat Pump, Electric

Exterior

Exterior Feature Storage

Parking Features Condo Lot Parking, Condo Covered Parking

Community Features BBQ Area, Internet, Landscaping, Spa Hot Tub, Steam Sauna, Common Lobby, Covered Entry, Exercise Room, Guard At Gate, Tennis Racquetball, Condo One Bedrooms In Complex, Condo Two Bedrooms In Complex, Condo Three Bedrooms In Complex

Utilities Available Water City, Sewage City, Total Electric

Waterfront Description Gulf Front Building

View Y/N Yes

View Direct Gulf Front

Building

Lot Description Waterfront, Water View

Story 15

Architectural Style Condo

Construction Status Resale

Schools

Elementary Schools Orange Beach Elementary

Middle Schools Orange Beach Middle

High Schools Orange Beach High

Others

HOA Fee Include Pool,Trash,Cable TV,Internet,Security,Pest Control,Recreation Facilities,Telephone,Water Sewer,Reserve Funds,Taxes Common Area,Common Area Insurance,Association Management,Common Area Maintenance

Special Listing Condition None

Listed by RE/MAX of Orange Beach

GET MORE INFORMATION

+1(251) 751-3839

jennifer.sage@callitclosed.com