29040 Perdido Beach Boulevard 24B2
Orange Beach, AL, 36561 $ 2,830,000
Bedrooms5 Baths5.0 Sq 3,005 Monthly Estimate*
$ 17,869
for $2,830,000 with 5 bedrooms and 5 full baths. This 3,005 square foot home was built in 2026.
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 $1,100+ 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/Buyers agent to verify all information during due diligence. Buyer to verify all information during due diligence.
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FeaturesGeneralUtilities Baldwin EMC
HOA Fee 2650
View Direct Gulf Front
Property Subtype Residential Attached
Waterfront Features Gulf Front Building
Community Features Gated Fencing Internet Lazy River Landscaping Spa Hot Tub Meeting Room Exercise Room Guard At Gate Pets Owners Only Water Access Deeded Fire Sprinkler System
County Baldwin
Property Type Residential
HOA true
Subdivision Name Phoenix Key Tower I
Status Active
Directions From Highway 161 take a left and head towards the Perdido Pass bridge. Phoenix Key will be 1 mile down on the right hand side.
High School Orange Beach High
City Orange Beach
MLS Area Baldwin
Elementary School Orange Beach Elementary
Home Warranty Y/N false
Middle/Junior High School Orange Beach Middle
Standard Status Active
Heating Central
Cooling Electric
Roof Other/See Remarks
Appliances Dryer Washer Cooktop Disposal Gas Range Ice Maker Microwave Dishwasher Double Oven Wine Cooler Plumbed For Ice Maker Smoke Detector
Architectural Style Condo
Year Built 2026
Full Baths 5
Stories Count 1
Assoc Fee Paid Per Monthly
Body of Water Gulf Of Mexico / America
Spa Features Outdoor Hot Tub
Association Fee Includes Gas Pool Trash Cable TV Internet Security Electricity Pest Control Recreation Facilities Telephone Water Sewer Reserve Funds Custodial Services Common Area Insurance Association Management Common Area Maintenance
Unit Number 24B2
Number Of Units Total 56
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InteriorAir Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Interior Amenities Wet Bar Internet Storage Termite Contract
Flooring Luxury Vinyl Plank
Furnished Y/N Unfurnished
Total Fireplaces 0
Half Baths 0
Total Bedrooms 5
Total Baths 5
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ExteriorParking Features Condo Covered Parking Electric Vehicle Charging Station(s)
Exterior Amenities Storage Built In Gas Grill
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* Excluded FeaturesList ByMichael NehlsListing Agent
Brett R/E Robinson Dev ObBroker
michaeln@brettrobinson.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $17,869
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Orange Beach, AL
Average List Price $1,030,902
Percent of Sale Price 64%
About Orange Beach, AL 6,740 Population
50% Since 2002
$ 59,891 Median Income
49.41 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Orange Beach High High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/24/2026 | $2,830,000 | | Listed Price |