24400 Perdido Beach Boulevard 506
Orange Beach, AL, 36561 $ 550,000
Bedrooms2 Baths2.0 Sq 1,064 Monthly Estimate*
$ 3,386
for $550,000 with 2 bedrooms and 2 full baths. This 1,064 square foot condo was built in 1995 on a lot size of 9.4904.
Perfectly situated on the fifth floor in one of the best rental complexes along the Alabama Gulf Coast, Phoenix V Unit 506 is a lovely Gulf front condo strategically priced below all comparable sales from the last four years! With gross rentals over $53,000 in 2024, over $47,000 in 2025, and a projection of over $80K from Ball BNB, this property is well-positioned to provide a boost your portfolio. As you enter the condo and your feet glide across the tiled floors, you are welcomed by an abundance of natural light streaming from the floor to ceiling glass that lines the southern exposure. The open concept layout seamlessly combines the kitchen, dining area, and living room to create an ideal waterfront space for entertaining family and friends. The kitchen is outfitted with granite countertops, real wood cabinets, an abundance of storage, tiled backsplash, a bar with seating for two, and Gulf views. The Gulf front master suite features direct balcony access, a king bed, and a beautifully updated walk-in shower with a sliding glass door. The amenities at Phoenix V make it one of the most highly sought-after destinations along the Gulf Coast and include a short walk to the beach, splash pad, indoor and outdoor pools, kiddie pool, spa, sauna, tennis courts, racquetball, grilling area, and a fitness center. Buyer to verify all information during due diligence.
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List ByRe/Max Of Orange BeachBroker
lance@thenielgroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,386
- Monthly Property Taxes
- $340
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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 NearbyCondo listings in Orange Beach, AL
Average List Price $894,195
Percent of Sale Price 63%
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 |
|---|
| 4/24/2026 | $550,000 | | Listed Price |