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Rebecca Wilson, RE/MAX Gulf Shores
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Please call, text or email me with any questions
645 Gulf Shores Parkway
Gulf Shores AL 36542
(251) 233 3139 Cell/Text Direct
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Listing Details
MLS Number: 283437
Complex Name: Phoenix Orange Beach
Unit #: 2103
List Price: $919,000
Subdivision or Communty:  
City: Orange Beach
Address: 25494 Perdido Beach Blvd
Area: Orange Beach 1
Apx Living Sqft: 1770
Furnished: Yes
Bedrooms: 3
Full Baths: 3
Half Baths: 0
Appliances: Dishwasher, Disposal, Dryer, Icemaker, Microwave, Range-Electric, Refrigerator w/Ice Maker, Smoke Detector, Washer
Utilities: Sewage-City, Total Electric, Water-City
Association Fees: $750
Associate Fees Frequency: Monthly
View: Direct Gulf Front, Southern View
Apx Year Built: 2019
Virtual Tour:  
Remarks: 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.
Directions: From Hwy 161 travel West for approximately 1/2 mile and the building is on the South side of the road.
Water Property Type: Gulf Front - Building
IDX
Listing Office Name: RE/MAX of Orange Beach