Back 205/24400 Perdido Beach Boulevard
Off Market

205/24400 Perdido Beach Boulevard

Orange Beach AL 36561

3
2
1
1464 sq. ft.
Condo
Last sold for $749,000
Erin NielErin Niel, last sold this property on 31 January 2023 after 28 days on market.

Overview

For the first time in 24 years, this immaculate Gulf front condo at Phoenix V is being offered for sale with a deeded and covered parking space! Perfectly situated on the second floor in close proximity to the complex amenities and the beach, the unit features breathtaking Gulf views and an open floor plan with three bedrooms, two bathrooms, and over 1,400 square feet. The condo is beautifully furnished and has recently been updated with luxury vinyl plank floors throughout, new cabinet and drawer fronts in the kitchen and bathrooms, and freshly painted walls, doors, and trim. The Gulf front master suite boasts expansive water views, a king bed, direct balcony access, and an en-suite bathroom. This unit is currently in a rental program and has generated over $55,000 in gross revenue in 2022 with heavy owner usage during peak seasons. From 1998 to 2021, the unit was used as a beloved second home and is in wonderful condition. Complex amenities include a short walk to the beach, splash pad, indoor and outdoor pools, kiddie pool and play area, spa, sauna, tennis courts, racquetball, grilling area, and a fitness center. Phoenix V is one of the best rental complexes along the Alabama Gulf Coast and is conveniently located within walking distance to several dining and shopping attractions. Don't wait - this unit is priced to sell and will not last long!

Features

3 bedrooms
2 bathrooms
1 carspace
1464 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Orange Beach over the last 12 months, the estimated median property value of 205/24400 Perdido Beach Boulevard is $836.5k.

Median value
$836.5k
Estimated value range
$127.5k - $1.73m
Median days on market
96
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Orange Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 205/24400 Perdido Beach Boulevard

2023
Sold
$749,000
31 Jan 2023 by Erin Niel, of Cortright & Company

Happy sellers in Orange Beach

60%
60% of sellers in Orange Beach reported that their sale price either exceeded or met their price expectations.

Orange Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 27 reviews in Orange Beach over the last 12 months.

Local market activity for 3 bedroom condos in Orange Beach

In the last 12 months, 272 three-bedroom condos similar to 205/24400 Perdido Beach Boulevard, have been sold.

This represents a 3% decrease in three-bedroom condos sales when compared to the previous 12 months.

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