24400 Perdido Beach Boulevard 506, Orange Beach, AL 36561
Phoenix V · Baldwin County County
Key Facts
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.
Property Information
Property Type
Residential
Sub-Type
Condominium
Year Built
1995
Living Area
1,064 sq ft
Lot Size
9.49 acres
Lot Dimensions
530 x 780
Ownership
Whole/Full
MLS® Listing#
395647
Property Features
- Interior:
- Storage
- Exterior:
- Storage
- Appliances:
- Dishwasher, Disposal, Microwave, Electric Range, Washer/Dryer Stacked
- Heating:
- Electric, Heat Pump
- Flooring:
- Tile
- Fireplace:
- None
- Pool:
- Community, Association
- Parking:
- Covered, Parking Lot
- Lot Features:
- Waterfront
- Construction:
- Stucco
- Windows:
- Window Coverings, Window Treatments
- Security:
- Smoke Detector(s), Gated with Guard
- Community:
- Pool, Fitness Center, Tennis Court(s)
- Sewer:
- Public Sewer
- Water Source:
- Public
Schools
- Elementary:
- Orange Beach Elementary
- Middle:
- Orange Beach Middle
- High:
- Orange Beach High
HOA & Tax
- HOA:
- $670/Monthly
- Annual Tax:
- $4,086
- Parcel #:
- 6504180000003.001.982
Directions
Head south on Hwy 59, left on East Beach Blvd, then approximately 5 miles to Phoenix V (Gulf side).
Affordability Calculator
$108,000
Estimated monthly payment
$2,874/mo
Principal $432,000 · Est. interest $602,678 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Orange Beach, AL
- $757,923
- Median Listing Price
- 108
- Median Days on Market
- 1,496
- Median Sq Ft
- $543
- Median Price / Sq Ft
- 751
- Active Listings
- This home’s price is 29% below the area median.
- Its price per sq ft is 7% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Orange Beach, AL.
Location
- 24400 Perdido Beach Boulevard 506, Orange Beach, AL 36561
Nearby Schools
Ob Conservatory of Fine Arts
School · 1.8 mi away
Orange Beach Middle & High School
Secondary · 1.8 mi away
Orange Beach Elementary School
Elementary · 3.8 mi away
Gulf Shores High School
Secondary · 4.1 mi away
Gulf Shores Middle School
Secondary · 4.1 mi away
Gulf Shores Elementary School
Elementary · 4.3 mi away
Gulf Shores City Schools
School · 4.5 mi away
South Baldwin Christian Academy
School · 6.1 mi away
Swift Elementary School
Elementary · 8.0 mi away
Foley High School
Secondary · 9.5 mi away
Daphne High School
Secondary · 9.7 mi away
Foley Intermediate School
School · 9.8 mi away
Mathis Elementary
Elementary · 9.9 mi away
St Benedict School
School · 10.3 mi away
Elberta Elementary School
Elementary · 10.5 mi away
Good Shepherd Lutheran School
School · 10.7 mi away
Elberta Middle School
Secondary · 10.8 mi away
Foley Middle School
Secondary · 11.1 mi away
Foley Elementary School
Elementary · 11.3 mi away
Hellen Caro Elementary School
Elementary · 13.2 mi away
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EXIT Agents in Orange Beach
Listing Courtesy: RE/MAX of Orange Beach - PHONE: 251-979-9198
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 or renting.