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24400 Perdido Beach Boulevard, Unit 506, Orange Beach, AL 36561

$550,000
  • 24400 Perdido Beach Boulevard, Unit 506, Orange Beach, AL 36561 Main Photo

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New to the Market Active
BEDS2 BATHS2 full SQUARE FEET1,064 MLS#395647
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONPhoenix V

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.

24400 Perdido Beach Boulevard, Unit 506 | MLS# 395647

This condo located at 24400 Perdido Beach Boulevard, Unit 506, Orange Beach, AL 36561 is currently listed for sale with an asking price of $550,000. This property was built in 1995 and has 2 bedrooms and 2 full baths with 1064 sq. ft. Perdido Beach Boulevard, Unit 506 is located in the Phoenix V subdivision. Search Phoenix V real estate on www.gobellator.com today.

Property Features

Property Type: Residential - Condominium
Heating: Electric, Heat Pump
Lot Size: 9.49 Acres
Property Type: Condominium
Stories: 1.0
Year Built: 1995

Amenities

En-Suite
Internet
Storage
Storage

Feature Descriptions

Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer/Dryer Stacked
Community Features: BBQ Area, Common Lobby, Condo 1-Bdrms in Complex, Condo 2-Bdrms in Complex, Condo 3-Bdrms in Complex, Covered Entry, Fitness Center, Internet, Pool - Indoor, Pool - Kiddie, Landscaping, Pool - Outdoor, Steam/Sauna, Tennis Court(s)
Condo Complex: Phoenix V
Construction Materials: Stucco, Solid Masonry, P-I-P Reinforced Concrete
Days on Site: 2
Exterior: Stucco, Solid Masonry, Concrete
Fireplace: None
Flooring: Tile, Luxury Vinyl Plank
HOA Fee: 670
HOA Y/N: Yes
Lot: Waterfront
Lot Dimensions: 9.49 acre(s)
Master Bathroom: Shower Only, Single Vanity
Master Bedroom: 1st Floor Primary, Balcony/Patio, Direct Gulf View-Primary
Sauna: Yes
Sewer: Public Sewer
Water: Public
Waterfront: Gulf Front

Room Sizes

Primary Bedroom: 10 X 15 Level - Main
Bedroom 2: 13 X 11 Level - Main
Kitchen: 9 X 10 Level - Main

Local Schools

High School: Orange Beach High
Middle School: Orange Beach Middle
Elementary School: Orange Beach Elementary

Listed By / Shown By

Listed By

Agency Name: RE/MAX of Orange Beach
Agency Phone: 251-981-2400

Shown By

Agency Title: Bellator Real Estate
Agency Phone: 251.928.0031

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Estimated Payment

$ 2,798.44 per month $2,638.02 Principal & Interest $0.00 Property Tax (data not provided by mls) $160.42 Homeowner's Insurance

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