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  • $199,500

    23044 Perdido Beach Blvd #118, Gulf Shores, AL 36561

    0beds
    392sqft
    Condominium
    Built in 1985
    -- sqft lot
    $192,500 Zestimate®
    $509/sqft
    $1,610 Estimated rent

    Home value

    $192,500

    $173,000 - $214,000

    $1,610/mo

    Zestimate® history
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    What's special

    Turn-Key Beachfront Studio Condo in Orange Beach, AL. with Proven Rental Income featuring $40K+ in annual gross rental income, pre-booked VRBO reservations through 2025, and an impressive 4.7 out of 5-star rating from 102 guest reviews. Own a slice of paradise with this beautifully updated studio condo located directly on the white sand beaches of Orange Beach, Alabama. Whether you’re looking for a personal coastal retreat or a high-performing investment, this turn-key unit offers it all! Located in a beachfront complex with three pools, a snack bar, and easy access to top local attractions, this unit blends coastal charm with modern convenience. Inside, you’ll find thoughtful upgrades, including: New A/C unit and freshly painted interior, Renovated kitchen with new refrigerator and microwave, Modern furnishings, including a new mattress, TV, and patio set, Electronic WiFi door lock for secure, seamless guest check-in. Comes fully furnished and rental-ready, professionally managed for truly hands-off ownership, all future bookings and income are transferable to the new owner. With a strong rental history and outstanding guest satisfaction, this is your chance to own a stress-free, income-producing beachfront gem in one of the Gulf Coast’s most sought-after markets.Buyer to verify all information during due diligence. Buyer to verify all information during due diligence.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michaela Ray Callow PHONE:251-597-7544,

    Elite Real Estate Solutions, LLC,

    Brittney Naylor 251-581-1766,

    Elite Real Estate Solutions, LLC

    Bought with:

    Non Member

    Source: Baldwin Realtors,MLS#: 378834MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    Cooling
    • Other
    Appliances
    • Included: Microwave, Dishwasher, Refrigerator
    Features
    • Ceiling Fan(s)
    • Flooring: Luxury Vinyl Plank
    • Has fireplace: No
    Interior area
    • Total interior livable area: 392 sqft

    Property

    Parking
    • Parking features: Condo Covered Parking
    Features
    • Stories: 1
    • Patio & porch: Covered Patio
    • Has view: Yes
    • View description: Pool, Indirect Gulf Side
    • Waterfront features: Gulf Front Building
    • Body of water: Gulf Of Mexico / America
    Details
    • Parcel number: 6606133001046.000.918
    • Special conditions: None

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Condo
    • Property subtype: Condominium
    Condition
    • Year built: 1985

    Utilities & green energy

    • Utilities for property: Water City, Baldwin EMC, Total Electric, Water Heater Electric, Cable

    Community & HOA

    Community
    • Features: Gazebo, BBQ Area, Guard At Gate, Pets Owners Only, Tennis Racquetball
    • Security: Smoke Detector(s)
    • Subdivision: Sugar Beach
    HOA
    • Has HOA: Yes
    • Services included: Cable TV, Association Management, Common Area Maintenance
    • HOA fee: $282 monthly
    • HOA phone: 251-981-4886
    Location
    • Region: Gulf Shores

    Financial & listing details

    • Price per square foot: $509/sqft
    • Tax assessed value: $231,300
    • Annual tax amount: $1,494
    • Date on market: 5/7/2025
    • Ownership type: Condominium

    Price history

    DateEventPrice
    1/30/2026Sold$199,500-5%$509/sqft
    Source: Baldwin Realtors #378834 Report a problem
    12/9/2025Pending sale$210,000$536/sqft
    Source: Baldwin Realtors #378834 Report a problem
    10/12/2025Price change$210,000-6.3%$536/sqft
    Source: Baldwin Realtors #378834 Report a problem
    6/25/2025Price change$224,000-2.2%$571/sqft
    Source: Baldwin Realtors #378834 Report a problem
    5/7/2025Listed for sale$229,000+15.9%$584/sqft
    Source: Baldwin Realtors #378834 Report a problem
    11/16/2021Sold$197,500$504/sqft
    Source: Baldwin Realtors #321167 Report a problem
    10/8/2021Pending sale$197,500$504/sqft
    Source: Baldwin Realtors #321167 Report a problem
    10/8/2021Listed for sale$197,500+16.2%$504/sqft
    Source: Baldwin Realtors #321167 Report a problem
    4/23/2020Listing removed$169,900$433/sqft
    Source: RE/MAX Paradise #293002 Report a problem
    1/22/2020Price change$169,900-2.9%$433/sqft
    Source: RE/MAX Paradise #293002 Report a problem
    1/6/2020Listed for sale$175,000$446/sqft
    Source: RE/MAX Paradise #293002 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,494 -3.7%$46,260 -4.5%
    2024$1,551 +99.9%$48,460 +99.9%
    2023$776 $24,240 +43.8%
    2022-- $16,860 +10.2%
    2021$490 +5.5%$15,300 +5.5%
    2020$464 +5.7%$14,500 +5.7%
    2019$439 +18.7%$13,720 +18.7%
    2018$370 +20.4%$11,560 +20.4%
    2017$307 $9,600 +1.9%
    2016$307 +1.9%$9,420 +17.2%
    2015$301 +20.2%$8,040 +2.6%
    2014$251 $7,840 +17.7%
    2013$251 $6,660 -5.7%
    2011-- $7,060 -28%
    2010-- $9,800 +9.1%
    2009$287 -33.6%$8,980 -33.6%
    2008$433 -9.3%$13,520 -9.3%
    2007$477 +33%$14,900 +33%
    2006$358 +56.4%$11,200 +56.4%
    2005$229 +2.3%$7,160 +2.3%
    2004$224 $7,000
    2003$224 +27.7%$7,000 +27.7%
    2002$175 -49.3%$5,480 -50.1%
    2001$346 $10,980
    2000$346 $10,980
    Find assessor info on the county website

    Neighborhood: 36561

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Orange Beach Elementary
    • Middle: Orange Beach Middle
    • High: Orange Beach High

    Source: Baldwin Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $192,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $192,500