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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$2,830,000
Est. payment /mo
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5 Beds
5 Baths
3,005 SqFt
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29040 Perdido Beach Boulevard #24B2 Orange Beach, AL 36561

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Hunter Jones

Hunter Jones

+1(864) 325-1503

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Key Details

Property Type Single Family Home

Sub Type Residential Attached

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

Style Condo

Bedrooms 5

Full Baths 5

Construction Status NewConstruction

HOA Fees $2,650/mo

HOA Y/N Yes

Rental Info Yes

Year Built 2026

Property Sub-Type Residential Attached

Source Baldwin County

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 $1,100+ 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.

Location

State AL

County Baldwin

Interior

Interior Features Wet Bar, Internet, Storage, Termite Contract

Heating Central

Cooling Electric

Flooring Luxury Vinyl Plank

Furnishings Unfurnished

Fireplace No

Appliance Dryer, Washer, Cooktop, Disposal, Gas Range, Ice Maker, Microwave, Dishwasher, Double Oven, Wine Cooler, Plumbed For Ice Maker, Smoke Detector

Heat Source Central

Exterior

Exterior Feature Storage, Built In Gas Grill

Parking Features Condo Covered Parking, Electric Vehicle Charging Station(s)

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

Utilities Available Baldwin EMC

Waterfront Description Gulf Front Building

View Y/N Yes

View Direct Gulf Front

Roof Type Other/See Remarks

Building

Story 26

Architectural Style Condo

Construction Status NewConstruction

Schools

Elementary Schools Orange Beach Elementary

Middle Schools Orange Beach Middle

High Schools Orange Beach High

Others

HOA Fee Include 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

Special Listing Condition Other/See Remarks

Listed by Brett R/E Robinson Dev OB

NEARBY SCHOOL & BUSINESS

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Hunter Jones

Hunter Jones

Broker Associate | License ID: 85809

+1(864) 325-1503

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29040 Perdido Beach Boulevard #24B2