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24B2/29040 Perdido Beach Boulevard

Orange Beach AL 36561

5
5
3005 sq. ft.
Condo
Currently for sale - view listing

Overview

Phoenix Key in Orange Beach is Brett/Robinson’s newest luxury Gulf-front development and one of the most compelling pre-construction opportunities on the Alabama Gulf Coast, with completion scheduled for the end of 2026. This exclusive 56-unit tower is topped out and now in the final phase before delivery, creating a rare opportunity to secure current pricing ahead of completion. Unit 24B2 is currently priced at $2,830,000 — approximately $942 per square foot — while comparable luxury resales in the market are now exceeding $1,000+ per square foot, creating a pricing advantage relative to today’s market. With similar product projected to trade north of $3 million upon completion, buyers have the opportunity to secure built-in equity at today’s pricing while positioning for additional upside as the project nears delivery. Designed for both luxury and income performance, this 5-bedroom, 5-bath residence spans 3,005 square feet and features high-end designer finishes, floor-to-ceiling glass, and an oversized Gulf-front balcony complete with an electric grill and private hot tub. Phoenix Key offers a low-density ownership experience with premium amenities including indoor and outdoor pools, a fitness center, owner storage, and secured covered parking. For investors, projected gross rental income is approximately $200,000 annually, paired with a reduced 5% management fee for the first two years through Brett/Robinson’s rental program. With construction entering the home stretch and pricing expected to continue rising, this is an opportunity to secure a premium Gulf-front asset below current comparable pricing and benefit from the final phase of appreciation before delivery. This is an equitable interest listing where seller is selling only an option contract. Buyer and buyer’s agent to verify all information during due diligence. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchas

Features

5 bedrooms
5 bathrooms
3005 sq. ft. floor area
Condo

Happy sellers in Orange Beach

59%
59% 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 26 reviews in Orange Beach over the last 12 months.

Local market activity for 5 bedroom condos in Orange Beach

In the last 12 months, 4 five-bedroom condos similar to 24B2/29040 Perdido Beach Boulevard, have been sold.

This represents a 100% decrease in five-bedroom condos sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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