Back 317/4851 Wharf Parkway
Off Market

317/4851 Wharf Parkway

Orange Beach AL 36561

2
2
1
1325 sq. ft.
Condo
Last sold for $567,000
Laura NortonLaura Norton, last sold this property on 07 July 2025 after 727 days on market.

Overview

Looking for an investment property? Now on the market this 2 bedroom, 2-bath condo located on the 3rd floor of Levins Bend at The Wharf. This unit is easily accessed from the Green Turtle parking garage on the same level, is close to the elevator, and has an amazing view of Main Street. This is an amazing property that has a Marina, shops, dining establishments, pool, workout facility and of course, night life! This unit has a front bedroom with en suite as well with an additional door to shut off from the bath, washer & dryer, and good sized galley kitchen. The kitchen is light and airy with granite countertops, stainless steel appliances, microwave, gas stove, dishwasher, wine cooler & ice maker. There is also a breakfast bar for those easy meals, or a dining table that seats the whole family at the end of the evening or better yet, go enjoy the fabulous food at the local restaurants! The primary bedroom has a beautiful view of the Intracoastal waterway with an en suite. This great sized master bath has a soaker tub, nice sized separate shower, and double vanity with granite. The enlarged deck is oversized with grill and the perfect place to relax, watch the sun go down after a fun filled day of exploring the beautiful Gulf Coast or playing at the pool which also has a lazy river. Reach out to your favorite Agent today for your private tour of this exceptional condo. Buyer to verify all information during due diligence. This units projected income from rentals are $37,000 to 42,000. Rental Income: 2024 Year Gross $30,295.00, 2023 Year Gross $26,279.00, 2025, and currently on the books Feb-June: $12,875.00. . Rental Income: 2024 Year Gross - $30,295.00 2023 Year Gross - $26,279.00 2025 on the books Feb-June: $12,875.00

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
1325 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Orange Beach over the last 12 months, the estimated median property value of 317/4851 Wharf Parkway is $550k.

Median value
$550k
Estimated value range
$230k - $1.18m
Median days on market
95
Estimated value trend
-4%
decrease 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 317/4851 Wharf Parkway

2025
Sold
$567,000
07 Jul 2025 by Laura Norton, of Wise Living Real Estate
2025
Sold
$567,000
07 Jul 2025
2022
Sold
$465,000
11 Mar 2022

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 2 bedroom condos in Orange Beach

In the last 12 months, 208 two-bedroom condos similar to 317/4851 Wharf Parkway, have been sold.

This represents a 13% decrease in two-bedroom condos sales when compared to the previous 12 months.

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