29040 Perdido Beach Boulevard #24B2, Orange Beach, AL 36561
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29040 Perdido Beach Boulevard #24B2, Orange Beach, AL 36561
29040 Perdido Beach Boulevard #24B2, Orange Beach, AL 36561
29040 Perdido Beach Boulevard #24B2, Orange Beach, AL 36561
29040 Perdido Beach Boulevard #24B2, Orange Beach, AL 36561
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Wilson & Nicole Rattler
$ 2,830,000
Est. payment /mo
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29040 Perdido Beach Boulevard #24B2 Orange Beach, AL 36561

5 Beds

5 Baths

3,005 SqFt


UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 3,005 sqft

Price per Sqft $941

Subdivision Phoenix Key Tower I

MLS Listing ID 388328

Bedrooms 5

Full Baths 5

Construction Status New Construction

HOA Fees $2,650/mo

Year Built 2026

Property Sub-Type Condominium

Property Description

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

Location

State AL

County Baldwin County

Interior

Interior Features Internet, Storage, Wet Bar

Heating Central

Cooling Central Electric (Cool)

Flooring Luxury Vinyl Plank

Fireplace No

Appliance Dishwasher, Disposal, Double Oven, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator w/Ice Maker, Washer, Wine Cooler, Cooktop

Exterior

Exterior Feature Storage, Termite Contract, Gas Grill

Parking Features Covered

Pool Community, Association

Community Features Fitness Center, Fencing, Internet, Pool - Indoor, Pool - Kiddie, Landscaping, Meeting Room, Pool - Outdoor, Gated, Water Access-Deeded, Lazy River

Waterfront Description Gulf Front - Building

View Y/N Yes

View Direct Gulf Front

Roof Type See Remarks

Garage No

Building

Lot Description 1-3 acres

Story 1

Entry Level 24

Unit Floor 24

New Construction Yes

Construction Status New Construction

Schools

Elementary Schools Orange Beach Elementary

Middle Schools Orange Beach Middle

High Schools Orange Beach High

Others

Pets Allowed Owners Only

HOA Fee Include Association Management,Cable TV,Common Area Insurance,Maintenance Grounds,Custodial Services,Electricity,Pest Control,Recreational Facilities,Reserve Funds,Security,Telephone,Trash,Water/Sewer,Internet,Pool,Gas

Senior Community No

Ownership Condominium

Acceptable Financing Other-See Remarks

Listing Terms Other-See Remarks


Listed by Brett R/E Robinson Dev OB

Ready TO BUY OR SELL?  CONTACT US TODAY!

Name

Name

Phone*

Phone

Message

Message
Wilson & Nicole Rattler

+1(612) 226-9156

info@heavenlyshores.com

Wilson & Nicole Rattler - Heavenly Shores Team - LPT Realty

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29040 Perdido Beach Boulevard #24B2