25494 Perdido Beach Blvd Unit 2103, Orange Beach

$929,000

3 Beds
3 Baths
1,770 Sqft
0 Acres
0 Garages

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
TypeCondo
StyleCondo
StatusActive
Sub-Type

Residential Attached, Three Bedroom

Community Information
AreaOrange Beach 1
SubdivisionPhoenix Orange Beach
CityOrange Beach
CountyBaldwin
StateAlabama
Zip Code36561
Address

25494 Perdido Beach Blvd Unit 2103

Amenities
FeaturesCeiling Fan(s)
Is WaterfrontYes
Has PoolYes
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

Utilities

Sewage-City, Total Electric, Water-City

View

Direct Gulf Front, Southern View

Waterfront

Gulf Front - Building, Gulf of Mexico

Interior
InteriorTile
CoolingCentral Electric, Heat Pump
# of Stories1
StoriesOne
Interior Features

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

Appliances

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

Exterior
ExteriorStucco
Lot DescriptionWaterfront
ConstructionResale
Foundation

P-I-P Reinforced Concrete, Solid Masonry

School Information
ElementaryOrange Beach Elementary
HighGulf Shores
Additional Information
Date ListedMay 6th, 2019
Days on Market135
HOA Fees750.00
HOA Fees Freq.Monthly
Listing Details
OfficeRE/MAX of 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 18th, 2019 at 4:45pm CDT.

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