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.
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
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
Source: Baldwin Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.