Absolutely gorgeous three-bedroom, three-bathroom unit, perfect for your second home or a great inve...
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.
- MLS® #283437
- Full Baths3
- Square Footage1,770
- Year Built2019
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
- CoolingCentral Electric, Heat Pump
- # of Stories1
Dishwasher, Disposal, Dryer, Icemaker, Microwave, Range-Electric, Refrigerator w/Ice Maker, Smoke Detector, Washer
- Terms of SaleCash, Conventional
Residential Attached, Three Bedroom
- FeaturesCeiling Fan(s)
- Has PoolYes
- Boat FacilitiesNone
- HOA Fee Includes750.00
Sewage-City, Total Electric, Water-City
Cable, Ceiling Fan(s), High Ceilings, Internet, Storage-In, Window Treatments
- Lot DescriptionWaterfront
- ElementaryOrange Beach Elementary
- HighGulf Shores
- Listing OfficeRe/max Of Orange Beach
Property Location for 25494 Perdido Beach Blvd Unit 2103, Orange Beach, Alabama, 36561 - Phoenix 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 23rd, 2019 at 8:30am CDT.