24400 Perdido Beach Boulevard #506, Orange Beach, AL 36561
Local realty services provided by:Better Homes and Gardens Real Estate Platinum Properties
24400 Perdido Beach Boulevard #506,Orange Beach, AL 36561
$540,000
- 2 Beds
- 2 Baths
- 1,064 sq. ft.
- Single family
- Pending
Listed by: lance niel
Office: re/max of orange beach
MLS#:395647
Source:AL_BCAR
Price summary
- Price:$540,000
- Price per sq. ft.:$507.52
- Monthly HOA dues:$670
About this home
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....
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Home facts
- Year built:1995
- Subdivision & Development:Phoenix V
- Listing ID #:395647
- Added:102 day(s) ago
- Updated:August 05, 2026 at 11:25 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Luxury Vinyl Plank, Tile
- Kitchen Description:Dishwasher, Disposal, Electric Range, Microwave
- Living area:1,064 sq. ft.
Heating and cooling
- Heating:Electric, Heat Pump
Structure and exterior
- Year built:1995
- Building area:1,064 sq. ft.
- Architectural Style:Condo
- Exterior Features:Storage
- Levels:1 Story
Schools
- High school:Orange Beach High
- Middle school:Orange Beach Middle
- Elementary school:Orange Beach Elementary
Finances and disclosures
- Price:$540,000
- Price per sq. ft.:$507.52
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Smoke Detector, Washer/Dryer Stacked
- Laundry features:Washer/Dryer Stacked
- Amenities:Internet, Smoke Detector, Storage, Window Treatments
Parking
- Parking description:Condo Covered Parking, Condo Lot Parking
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