24132 Perdido Beach Blvd - Apartments CONDO FOR SALE


Orange Beach, AL 36561
$615,000 USD
251-424-5682
24132 Perdido Beach Blvd, Orange Beach, AL for Sale
$615,000 USD
Apartments CONDO - FOR SALE
1/6
null | Request Cap Rate

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24132 Perdido Beach Blvd
Orange Beach, AL 36561


OVERVIEW

For Sale | Gulf-Front Condo Investment Opportunity – Phoenix I, Orange Beach, AL List Price: $615,000 MLS Number: 384737 Address: 24132 Perdido Beach Blvd, Unit 1117, Orange Beach, AL 36561 Property Type: Condominium Bedrooms: 2 Bathrooms: 2 Stories: 1 (11th Floor Unit) Highlights: Direct Gulf-front views from private balcony Fully renovated with modern finishes Excellent short-term rental income history Strong HOA management and robust amenities package Turnkey investment or second home Property Description: Now available: A prime Gulf-front investment opportunity at Phoenix I in Orange Beach, Alabama. Unit 1117 is a beautifully updated 2-bedroom, 2-bath condominium perched on the 11th floor, offering sweeping views of the Gulf of Mexico and sugar-white sand beaches. Recent upgrades include renovated bathrooms, new flooring, upgraded appliances, and a commercial-grade water heater—ensuring both comfort and durability. This unit has a strong rental performance history, making it ideal for investors seeking passive income or buyers looking for a personal beachfront retreat. Phoenix I is a highly sought-after complex known for its professional HOA management and comprehensive resort-style amenities including indoor and outdoor pools, hot tubs, tennis and racquetball courts, a fitness center, BBQ areas, and direct beach access. Investment Highlights: Established income-producing property with consistent rental history Desirable 11th floor location with unobstructed Gulf views Low-maintenance ownership with updated systems and finishes Access to multiple Phoenix buildings and shared amenities Contact: ?? Jonathan R. Bennett – Associate Broker, Beachball Properties ?? Call/Text: (251) 424-5682 ?? DM or email for rental history, HOA documentation, or to schedule a private or virtual tour. Disclosures: Buyer to verify all information during due diligence.

FOR SALE DETAILS

PRICE

$615,000 USD

PRICE/SF

$676 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Phoenix I Condominiums

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

169,812 SF

STORIES

14

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.36 AC

LAND SF

146,490 SF

ZONING

-

APN/PARCEL ID

65-04-18-0-000-005.001,65-04-18-0-000-005.001-919,65-04-18-0-000-005.001-921,65-04-18-0-000-005.001-928,65-04-18-0-000-005.001-940,65-04-18-0-000-005.001-955,65-04-18-0-000-005.001-958,65-04-18-0-000-005.001-959,65-04-18-0-000-005.001-961,65-04-18-0-000-005.001-981,65-04-18-0-000-005.001-985,65-04-18-0-000-005.001-988,65-04-18-0-000-005.001-997

ASK ABOUT THIS PROPERTY

Jonathan R. BennettBeachball PropertiesMore Info
251-424-5682

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Jonathan R. BennettBeachball PropertiesMore Info
251-424-5682

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.