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  • Price$929,000
  • Beds3
  • Baths3
  • SQ. Feet1,770
  • Built2019

25494 Perdido Beach Blvd Unit 2103, Orange Beach

Stunning Gulf front luxury condo in the newly constructed and highly sought after Phoenix Orange Beach Condominium. This newly furnished condo features granite countertops throughout, stainless steel Whirlpool appliances, upgraded ceiling height cabinets, tiled backsplash, tiled bar front, wet bar with ice maker, large 18" tile laid diagonally, large crown molding, 10' ceilings, floor to ceiling glass, tiled master tub backsplash, tiled master shower, custom drapes on all South facing windows, custom plantation shutters on all North facing windows, and a large climate controlled storage closet. Condo amenities include a Gulf front lazy river with slides, outdoor pool, heated indoor pool, hot tubs, covered parking, fitness center, and tennis courts overlooking the Gulf. The open floor plan offers expansive Gulf views from the kitchen, living room, master bedroom, and oversized balcony. This unit is already in a rental program and offers exceptional rental revenue projections. This condo is being offered at a Cap Rate/Net Income Rate of Return of 4.90% and is projected to generate an Annualized Internal Rate of Return of 18.25% over a 10 year hold period assuming 80% of the purchase price is financed.

Essential Information

  • MLS® #283437
  • Price$929,000
  • Bedrooms3
  • Bathrooms3.00
  • Full Baths3
  • Square Footage1,770
  • Acres0.00
  • Year Built2019
  • TypeCondo
  • Sub-TypeResidential Attached, Three Bedroom
  • StyleCondo
  • StatusActive

Amenities

  • AmenitiesExercise Room, Internet, Pool - Indoor, Landscaping, On-Site Management, Pool - Outdoor, Steam/Sauna, Tennis/Racquetball, Lazy River, Common Lobby, Covered Entry, Fire Sprinkler System, Meeting Room, Pets - Allowed, Spa/Hot Tub
  • UtilitiesSewage-City, Total Electric, Water-City
  • FeaturesCeiling Fan(s)
  • ViewDirect Gulf Front, Southern View
  • Is WaterfrontYes
  • WaterfrontGulf Front - Building, Gulf of Mexico
  • Has PoolYes

Exterior

  • ExteriorStucco
  • Lot DescriptionWaterfront
  • ConstructionResale
  • FoundationP-I-P Reinforced Concrete, Solid Masonry

Additional Information

  • HOA Fees750.00
  • HOA Fees Freq.Monthly

Community Information

  • Address25494 Perdido Beach Blvd Unit 2103
  • AreaOrange Beach 1
  • SubdivisionPhoenix Orange Beach
  • CityOrange Beach
  • CountyBaldwin
  • StateAlabama
  • Zip Code36561

Interior

  • InteriorTile
  • Interior FeaturesCable, Ceiling Fan(s), High Ceilings, Internet, Storage-In, Window Treatments
  • AppliancesDishwasher, Disposal, Dryer, Icemaker, Microwave, Range-Electric, Refrigerator w/Ice Maker, Smoke Detector, Washer
  • CoolingCentral Electric, Heat Pump
  • # of Stories1
  • StoriesOne

School Information

  • ElementaryOrange Beach Elementary
  • HighGulf Shores

Listing Details

  • Listing OfficeRE/MAX of Orange Beach
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The data relating to real estate for sale on this website comes from the Baldwin County Association Of REALTORS®. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on September 18th, 2019 at 1:15pm CDT.