Enjoy stunning Gulf views from one of the most convenient locations in Orange Beach! Located within a short walking distance to the Publix shopping center, this well appointed and fully furnished condo features granite countertops, upgraded white cabinetry, custom tiled backsplash, tile floors laid on a diagonal, luxury vinyl plank flooring in the bedrooms, custom tiled walk-in shower in the master bath, Gulf front master bedroom with direct access to the balcony, and roll down hurricane shutters. Complex amenities include an outdoor pool, outdoor kiddie pool, indoor heated pool, hot tub, sauna, steam room, fitness center, covered entry, and outdoor grilling area. This unit has an excellent rental history and repeat book of business! The condo is being offered at a Cap Rate/Net Income Rate of Return of 5.17% and is projected to generate an Annualized Internal Rate of Return of 19.37% over a 10 year hold period assuming 80% of the purchase price is financed.
Sold for $850,000 on 12/21/22
$850,000
25800 Perdido Beach Blvd, Orange Beach, AL 36561
2beds
1,100sqft
Condo
Built in 1987
-- sqft lot
$-- Zestimate®
$773/sqft
$2,764 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Heat pump, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
Features
- Ceiling Fan(s)
- Flooring: Tile, Linoleum / Vinyl
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,100 sqft
Property
Features
- Exterior features: Stucco
- Pool features: Indoor, Outdoor Pool, Pool - Kiddie
- Has spa: Yes
- Spa features: Spa/Hot Tub
- Waterfront features: Gulf Front - Building
- Body of water: Gulf of Mexico
Lot
- Size: 1 Acres
Details
- Parcel number: 6503080000003004
Construction
Type & style
- Home type: Condo
Materials
- concrete
- Foundation: Piling
- Roof: Other
Condition
- Year built: 1987
Utilities & green energy
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s), Fire Sprinkler System
Community
- Community features: Fitness Center
Location
- Region: Orange Beach
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $512 monthly
- Amenities included: Internet, Pool - Outdoor, Spa/Hot Tub, Gated, Common Lobby, Covered Entry, Fire Sprinkler System, Pool - Kiddie, Security, Sauna, Association Management, Cable TV, Pest Control, Trash, Water, Barbecue, Fitness Center, Indoor Pool
- Services included: Trash, Security, Pest Control, Cable, Common Area Maintenance, Association Management, Internet, Common Area Insurance, Water/Sewer
Other
Other facts
- WaterSource: Public
- Flooring: Tile, Vinyl
- Appliances: Dishwasher, Disposal, Dryer, Smoke Detector, Microwave, Washer, Refrigerator w/Ice Maker, Electric Range, Washer/Dryer Stacked
- InteriorFeatures: Ceiling Fan(s)
- SpaYN: true
- HeatingYN: true
- AssociationFeeIncludes: Trash, Security, Pest Control, Cable, Common Area Maintenance, Association Management, Internet, Common Area Insurance, Water/Sewer
- ConstructionMaterials: Stucco
- PropertyAttachedYN: true
- CommunityFeatures: BBQ Area, Pool - Outdoor, Gated, Covered Entry, Pool - Kiddie, Common Lobby, Fire Sprinkler System, Steam/Sauna, Pool - Indoor, Spa/Hot Tub, Fitness Center
- Heating: Heat Pump, Central Electric
- WaterBodyName: Gulf of Mexico
- Cooling: Central Air
- PoolFeatures: Indoor, Outdoor Pool, Pool - Kiddie
- BuildingFeatures: BBQ Area, Pool - Outdoor, Exercise Room, Common Lobby, Spa/Hot Tub, Gated, Fire Sprinkler System, Covered Entry, Pool - Indoor, Pool - Kiddie, Steam/Sauna
- BuildingName: Summerchase
- AssociationAmenities: Internet, Pool - Outdoor, Spa/Hot Tub, Gated, Common Lobby, Covered Entry, Fire Sprinkler System, Pool - Kiddie, Security, Sauna, Association Management, Cable TV, Pest Control, Trash, Water, Barbecue, Fitness Center, Indoor Pool
- SecurityFeatures: Smoke Detector(s), Fire Sprinkler System
- SpaFeatures: Spa/Hot Tub
- WaterfrontFeatures: Gulf Front - Building
- MlsStatus: Active