25494 Perdido Beach Blvd, Orange Beach Alabama 36561 (unit 2103), MLS #: 283437 Phoenix Orange Beach $929,000

Listing Office: Re/max Of Orange Beach
  • 3 Beds
  • 3 Bath
  • 1,770 SqFt
  • $524.86 / SqFt
  • HOA: $750

Description of 25494 Perdido Beach Blvd Unit 2103, Orange Beach, Alabama, 36561 - Phoenix 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
  • AgeNew
  • TypeCondo
  • StyleCondo
  • StatusActive

Community Information

Amenities

Exercise 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

Interior

  • InteriorTile
  • CoolingCentral Electric, Heat Pump
  • # of Stories1
  • StoriesOne

Appliances

Dishwasher, Disposal, Dryer, Icemaker, Microwave, Range-Electric, Refrigerator w/Ice Maker, Smoke Detector, Washer

Additional Information

Sub-Type

Residential Attached, Three Bedroom

Amenities

  • FeaturesCeiling Fan(s)
  • Has PoolYes
  • Boat FacilitiesNone
  • HOA Fee Includes750.00

Utilities

Sewage-City, Total Electric, Water-City

Interior Features

Cable, Ceiling Fan(s), High Ceilings, Internet, Storage-In, Window Treatments

Exterior

  • ExteriorStucco
  • Lot DescriptionWaterfront
  • ConstructionResale

School Information

  • ElementaryOrange Beach Elementary
  • HighGulf Shores

Listing Details

Property Location for 25494 Perdido Beach Blvd Unit 2103, Orange Beach, Alabama, 36561 - Phoenix Orange Beach

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Orange Beach Boat Slip Commercial Property | Orange Beach Commercial Property | Orange Beach Bay Front Condos | Orange Beach Boat Slip Condos | Orange Beach Land and Lots

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Listing information last updated on September 23rd, 2019 at 8:30am CDT.