$525,000
$540,000
2.8%For more information regarding the value of a property, please contact us for a free consultation.
24400 Perdido Beach Boulevard #506 Orange Beach, AL 36561
2 Beds
2 Baths
1,064 SqFt
Key Details
Sold Price $525,000
Property Type Single Family Home
Sub Type Residential Attached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,064 sqft
Price per Sqft $493
Subdivision Phoenix V
MLS Listing ID 395647
Sold Date 08/28/26
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.
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
Entry Level 5
Architectural Style Condo
Construction Status Resale
Schools
Elementary Schools Orange Beach Elementary
Middle Schools Orange Beach Middle
High Schools Orange Beach High
Others
HOA Name virtuous
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
Financing Conventional
Special Listing Condition None
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