Address
24400 Perdido Beach Boulevard 506, Orange Beach, AL
Price
$ 540,000
Property Attributes
- MLS#395647
- TypeSingle Family
- Listing Status Pending
- MunicipalityOrangeBeach
- CountyBaldwin
- CityOrange Beach
- NeighborhoodPhoenix V
- Zip36561
- StyleCondo
- Year Built1995
- Price$ 540,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1064
Data Source:
Baldwin County MLS (BCAR)
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Orange Beach Elementary Elementary School | Orange Beach Middle Middle School | Orange Beach High High School |
| Price History | |
|---|---|
| 7/30/2026 | Listed $540,000 |
General Features
| Utilities | Water City,Sewage City,Total Electric |
|---|---|
| HOA Fee | 670 |
| View | Direct Gulf Front |
| Property Subtype | Residential Attached |
| Waterfront Features | Gulf Front Building |
| 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 |
| County | Baldwin |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Phoenix V |
| Status | Pending |
| Directions | Head south on Hwy 59, left on East Beach Blvd, then approximately 5 miles to Phoenix V (Gulf side). |
| High School | Orange Beach High |
| City | Orange Beach |
| MLS Area | Baldwin |
| Elementary School | Orange Beach Elementary |
| Middle/Junior High School | Orange Beach Middle |
| Standard Status | Pending |
| Virtual Tour | https://vimeo.com/reviews/0c3fb8db-a8a4-48a5-99fc-e6c7ab91ce1c/videos/1194071425 |
| Heating | Heat Pump,Electric |
| Appliances | Disposal,Microwave,Dishwasher,Electric Range,Washer/Dryer Stacked,Plumbed For Ice Maker,Smoke Detector |
| Architectural Style | Condo |
| Year Built | 1995 |
| Full Baths | 2 |
| Stories Count | 1 |
| Assoc Fee Paid Per | Monthly |
| Body of Water | Gulf Of Mexico / America |
| Association Fee Includes | 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 |
| Unit Number | 506 |
| Number Of Units Total | 247 |
Interior Features
| Heating Y/N | true |
|---|---|
| Fireplace Y/N | false |
| Interior Amenities | En Suite,Internet,Storage |
| Flooring | Tile,Luxury Vinyl Plank |
| Furnished Y/N | Furnished |
| Fireplace Features | No Fireplace |
| Window Features | Window Treatments |
| Total Bedrooms | 2 |
| LivingAreaSource | Tax Records |
| Total Baths | 2 |
Exterior Features
| Lot Features | Waterfront,Water View |
|---|---|
| Parking Features | Condo Lot Parking,Condo Covered Parking |
| Exterior Amenities | Storage |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 36561
Price
Year Built
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