24400 Perdido Beach Boulevard 506, Orange Beach, AL 36561

• 2 beds |
• 2 baths |
• 1,064 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

May 21, 2026 at 1:45PM

Listing Office:

RE/MAX of Orange Beach : 251-981-2400

Listing Agent:

Lance Niel : 251-979-9198

MLS ID:

395647

Interior

• General: En-SuiteInternetStorage
• Master Bedroom: 1st Floor PrimaryBalcony/PatioDirect Gulf View-PrimaryMain
• Master Bath: Shower OnlySingle Vanity
• Appliances: DishwasherDisposalMicrowaveElectric RangeRefrigerator w/Ice MakerWasher/Dryer Stacked
• Flooring: TileLuxury Vinyl Plank
• Heating: ElectricHeat Pump
• Fireplace: Fireplaces: 0

Exterior

• General: StorageCommunity
• Pool: CommunityAssociation
• Parking: CoveredParking Lot

Construction

• Windows: Window Treatments
• General: StuccoSolid MasonryP-I-P Reinforced ConcreteOne

Location

• HOA Amenities: Association ManagementCable TVCommon Area InsuranceMaintenance GroundsPest ControlRecreational FacilitiesReserve FundsSecurityTaxes-Common AreaTelephoneTrashWater/SewerInternetPool670.0Monthly
• Golf: BBQ AreaCommon LobbyCondo 1-Bdrms in ComplexCondo 2-Bdrms in ComplexCondo 3-Bdrms in ComplexCovered EntryFitness CenterInternetPool - IndoorPool - KiddieLandscapingPool - OutdoorSteam/SaunaTennis Court(s)
• Originating MLS: Baldwin County
• County: Baldwin

Lot

• Zoning: Unit 5E6 Phoenix V Condo In City Of Orange Beach Ms87 Pg1625 Apt15 Pg279 Sec 18-T9s-R5e (Wd)6504180000003.001.982
• View: Direct Gulf FrontView

Utilities

• Utilities: Total Electric
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Baldwin County
• Ownership: Whole/Full