24400 Perdido Beach Boulevard #506, Orange Beach, AL 36561
Local realty services provided by:Better Homes and Gardens Real Estate Main Street Properties
24400 Perdido Beach Boulevard #506,Orange Beach, AL 36561
$550,000
- 2 Beds
- 2 Baths
- 1,064 sq. ft.
- Condominium
- Active
Listed by: lance niel
Office: re/max of orange beach
MLS#:395647
Source:AL_BCAR
Price summary
- Price:$550,000
- Price per sq. ft.:$516.92
- 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
- Listing ID #:395647
- Added:1 day(s) ago
- Updated:April 25, 2026 at 02:15 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Tile
- Bathrooms Description:En-Suite
- Kitchen Description:Dishwasher, Disposal, Electric Range, Microwave, On Main Level, Refrigerator With Ice Maker
- Bedroom Description:1st Floor Primary, Balcony/Patio, Direct Gulf View-Primary, Master Bedroom on Main Level
- 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.
- Construction Materials:P-I-P Reinforced Concrete, Solid Masonry, Stucco
- Exterior Features:Storage
- Levels:1 Story
Schools
- High school:Orange Beach High
- Middle school:Orange Beach Middle
- Elementary school:Orange Beach Elementary
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$516.92
- Tax amount:$4,085
Features and amenities
- Appliances:Dishwasher, Disposal, Electric Range, Microwave, Refrigerator w/Ice Maker, Washer/Dryer Stacked
- Laundry features:Washer/Dryer Stacked
- Amenities:Gated with Guard, Internet, Smoke Detector(s), Storage, Window Treatments
- Pool features:Association, Community
Parking
- Parking description:Covered, Parking Lot
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