Wake up in unit D501 to stunning views of Perdido Bay in this beautiful 2 bedroom, 2 bathroom unit in the highly sought after Caribe complex in Orange Beach, AL. From your private balcony, enjoy watching the boaters enjoying a day on Perdido Bay and views of the Gulf of America while overlooking the gorgeous resort style pool below. Whether you are sipping your morning coffee or unwinding at sunset, the view alone makes this unit unforgettable. This unit offers personal enjoyment along with rental potential. Perfect for anyone that enjoys the water and all the amenities Caribe has to offer. You don't have to leave the property to enjoy the lazy river, waterslide, outdoor pools, indoor pools, mini golf, wet and dry saunas, basketball, pickleball, fitness center, arcade, BBQ grill area, 1st come 1st serve boat slips and it's within walking distance to the ever popular Cobalt restaurant. You can also enjoy time playing in the Gulf as there is access to the beach just down from the complex. The AC, washer and dryer were replaced in 2023 and the refrigerator in 2024. The special assessment for 2026 is $5,143.00 and there is no separate insurance assessment. The unit is on a rental program and has great rental numbers - 2024 - $56,153 (3 weeks blocked for family and friends) 2025 - $67,510 (3 weeks blocked for family and friends) 2026 - $41,062 (from Jan. through future bookings). Add this one to your list! Buyer to verify all information during due diligence.
Active
$875,000
28107 Perdido Beach Blvd APT D501, Orange Beach, AL 36561
2beds
1,602sqft
Condominium
Built in 2005
-- sqft lot
$830,600 Zestimate®
$546/sqft
$801/mo HOA
What's special
Mini golfLazy riverPrivate balconyFitness centerWet and dry saunasBbq grill areaOutdoor pools
- 155 days
- 32
- 0
Zillow last checked:
Listing updated:
Listed by:
Kim N Ellis Main:251-405-2608,
Crye Leike Gulf Coast Real Est,
Pete G. Vakakes 251-752-0071,
Crye Leike Gulf Coast Real Est
Source: Baldwin Realtors,MLS#: 394406
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Electric
Appliances
- Included: Disposal, Microwave, Dishwasher
Features
- Wet Bar, Ceiling Fan(s)
- Flooring: Tile
- Has fireplace: No
- Furnished: Yes
Interior area
- Total interior livable area: 1,602 sqft
Property
Parking
- Parking features: Condo Lot Parking, Condo Covered Parking, Condo Assigned Parking
Features
- Stories: 1
- Has view: Yes
- View description: Direct Bay Front
- Has water view: Yes
- Waterfront features: Bay Front Building
- Body of water: Perdido Bay
Details
- Additional structures: Sauna Steam Shower
- Parcel number: 6505030000005.001.957
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Architectural style: Condo
- Property subtype: Condominium
Condition
- Year built: 2005
Utilities & green energy
- Utilities for property: Baldwin EMC
Community & HOA
Community
- Features: BBQ Area, Landscaping, Spa Hot Tub, Steam Sauna, Common Lobby, Meeting Room, Exercise Room, Guard At Gate, Pets Owners Only, On Site Management, Tennis Racquetball, Fire Sprinkler System
- Security: Carbon Monoxide Detector(s)
- Subdivision: Caribe
HOA
- Has HOA: Yes
- Services included: Cable TV, Security, Pest Control, Telephone, Water Sewer, Reserve Fund, Taxes Common Area, Common Area Insurance, Association Management, Common Area Maintenance
- HOA fee: $801 monthly
- HOA phone: 251-980-9040
Location
- Region: Orange Beach
Financial & listing details
- Price per square foot: $546/sqft
- Tax assessed value: $744,900
- Annual tax amount: $4,800
- Date on market: 4/1/2026
- Ownership type: Condominium
Estimated market value
$830,600
$789,000 - $872,000
$2,766/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Listed for sale | $875,000+8.7%$546/sqft |
Source:  Baldwin Realtors #394406 Report a problem | ||
| 5/28/2024 | Sold | $805,000+89%$502/sqft |
Source: Public Record Report a problem | ||
| 6/25/2014 | Sold | $426,000$266/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,800 -4.1% | $148,980 -4.1% |
| 2024 | $5,005 +3.9% | $155,400 +3.2% |
| 2023 | $4,819 | $150,580 +20.5% |
| 2022 | -- | $124,960 +23.4% |
| 2021 | $3,281 +6.7% | $101,240 +5.3% |
| 2020 | $3,076 +3.8% | $96,120 +3.8% |
| 2019 | $2,963 +7.1% | $92,600 +7.1% |
| 2018 | $2,768 +5.9% | $86,500 +5.9% |
| 2017 | $2,614 -1.5% | $81,700 |
| 2016 | $2,655 | $81,700 |
| 2015 | $2,655 +2% | $81,700 +2% |
| 2014 | $2,604 | $80,100 +8.7% |
| 2013 | $2,604 | $73,700 +99.9% |
| 2011 | -- | $36,860 -2.1% |
| 2010 | -- | $37,660 -23.1% |
| 2009 | $1,568 -9.1% | $49,000 -9.1% |
| 2008 | $1,725 -3.9% | $53,920 -3.9% |
| 2007 | $1,795 +10.7% | $56,080 +10.7% |
| 2006 | $1,620 | $50,640 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 36561
Nearby schools
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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