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Pending
  • Price cut: $10K (6/2)
    $540,000

    24400 Perdido Beach Blvd APT 506, Orange Beach, AL 36561

    2beds
    1,064sqft
    : 
    $3,797/mo
    Get pre-qualified
    Single Family Residence
    Built in 1995
    -- sqft lot
    $-- Zestimate®
    $508/sqft
    $670/mo HOA

    What's special

    Splash padDirect balcony accessGulf front condoGulf front master suiteFitness centerTiled floorsSouthern exposure
    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.
    101 days
    |
    348
    |
    23
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Lance Niel PHONE:251-979-9198,

    RE/MAX of Orange Beach

    Source: Baldwin Realtors,MLS#: 395647MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Heat Pump, Electric
      Appliances
      • Included: Disposal, Microwave, Dishwasher
      Features
      • En Suite, Internet, Storage
      • Flooring: Tile, Luxury Vinyl Plank
      • Windows: Window Treatments
      • Has fireplace: No
      • Fireplace features: No Fireplace
      • Furnished: Yes
      Interior area
      • Total interior livable area: 1,064 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Condo Lot Parking, Condo Covered Parking
      Features
      • Stories: 1
      • Exterior features: Storage
      • Has view: Yes
      • View description: Direct Gulf Front
      • Waterfront features: Gulf Front Building
      • Body of water: Gulf Of Mexico / America
      Lot
      • Features: Waterfront, Water View
      Details
      • Parcel number: 6504180000003.001.982
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Condo
      • Property subtype: Single Family Residence
      Condition
      • Year built: 1995

      Utilities & green energy

      • Utilities for property: Water City, Sewage City, Total Electric

      Community & HOA

      Community
      • Features: BBQ Area, Internet, Landscaping, Spa Hot Tub, Steam Sauna, Common Lobby, Covered Entry, Exercise Room, Guard At Gate, Tennis Racquetball, Condo One Bedrooms In Complex, Condo Two Bedrooms In Complex, Condo Three Bedrooms In Complex
      • Security: Smoke Detector(s)
      • Subdivision: Phoenix V
      HOA
      • Has HOA: Yes
      • Services included: Pool, Trash, Cable TV, Internet, Security, Pest Control, Recreation Facilities, Telephone, Water Sewer, Reserve Fund, Taxes Common Area, Common Area Insurance, Association Management, Common Area Maintenance
      • HOA fee: $670 monthly
      • HOA phone: 251-348-0684
      Location
      • Region: Orange Beach

      Financial & listing details

      • Price per square foot: $508/sqft
      • Date on market: 4/24/2026
      • Ownership type: Whole Full

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/28/2026Pending sale$540,000$508/sqft
        Source: Baldwin Realtors #395647 Report a problem
        6/29/2026Listed for sale$540,000$508/sqft
        Source: Baldwin Realtors #395647 Report a problem
        6/15/2026Pending sale$540,000$508/sqft
        Source: Baldwin Realtors #395647 Report a problem
        6/2/2026Price change$540,000-1.8%$508/sqft
        Source: Baldwin Realtors #395647 Report a problem
        5/4/2026Listed for sale$550,000$517/sqft
        Source: Baldwin Realtors #395647 Report a problem
        4/28/2026Pending sale$550,000$517/sqft
        Source: Baldwin Realtors #395647 Report a problem
        4/24/2026Listed for sale$550,000+4.8%$517/sqft
        Source: Baldwin Realtors #395647 Report a problem
        6/4/2021Sold$525,000+5%$493/sqft
        Source: Baldwin Realtors #314303 Report a problem
        5/20/2021Listed for sale$499,900+38.9%$470/sqft
        Source: RE/Max of Alabama #314303 Report a problem
        10/31/2016Sold$360,000-3.9%$338/sqft
        Source: Baldwin Realtors #239237 Report a problem
        8/23/2016Price change$374,500-0.7%$352/sqft
        Source: Realty Executives Gulf Coast #239237 Report a problem
        5/2/2016Listed for sale$377,000$354/sqft
        Source: Realty Executives Gulf Coast #239237 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 36561

        Getting around

        21 / 100
        Car-Dependent
        44 / 100
        Somewhat Bikeable

        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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