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  • Price increase: $105K (7/2)
    $2,830,000

    29040 Perdido Beach Blvd #24B2, Orange Beach, AL 36561

    5beds
    3,005sqft
    : 
    $19,367/mo
    Get pre-qualified
    Condominium
    Built in 2026
    -- sqft lot
    $-- Zestimate®
    $942/sqft
    $2,650/mo HOA

    What's special

    Private hot tubOversized gulf-front balconyHigh-end designer finishesElectric grillFloor-to-ceiling glassIndoor and outdoor poolsSecured covered parking
    Phoenix Key in Orange Beach is Brett/Robinson’s newest luxury Gulf-front development and one of the most compelling pre-construction opportunities on the Alabama Gulf Coast, with completion scheduled for the end of 2026. This exclusive 56-unit tower is topped out and now in the final phase before delivery, creating a rare opportunity to secure current pricing ahead of completion. Unit 24B2 is currently priced at $2,830,000, approximately $942 per square foot, while comparable luxury resales in the market are now exceeding $1,100+ per square foot, creating a pricing advantage relative to today’s market. With similar product projected to trade north of $3 million upon completion, buyers have the opportunity to secure built-in equity at today’s pricing while positioning for additional upside as the project nears delivery. Designed for both luxury and income performance, this 5-bedroom, 5-bath residence spans 3,005 square feet and features high-end designer finishes, floor-to-ceiling glass, and an oversized Gulf-front balcony complete with an electric grill and private hot tub. Phoenix Key offers a low-density ownership experience with premium amenities including indoor and outdoor pools, a fitness center, owner storage, and secured covered parking. For investors, projected gross rental income is approximately $200,000 annually, paired with a reduced 5% management fee for the first two years through Brett/Robinson’s rental program. With construction entering the home stretch and pricing expected to continue rising, this is an opportunity to secure a premium Gulf-front asset below current comparable pricing and benefit from the final phase of appreciation before delivery. This is an equitable interest listing where seller is selling only an option contract. Buyer/Buyers agent to verify all information during due diligence. Buyer to verify all information during due diligence.
    112 days
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    134
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Nehls Main:251-981-6180,

    Brett R/E Robinson Dev OB

    Source: Baldwin Realtors,MLS#: 388328MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Central
      Cooling
      • Electric
      Appliances
      • Included: Dryer, Washer, Cooktop, Disposal, Microwave, Dishwasher
      Features
      • Wet Bar, Internet, Storage, Termite Contract
      • Flooring: Luxury Vinyl Plank
      • Has fireplace: No
      Interior area
      • Total interior livable area: 3,005 sqft

      Property

      Parking
      • Parking features: Condo Covered Parking, Electric Vehicle Charging Station(s)
      Features
      • Stories: 1
      • Exterior features: Storage, Built In Gas Grill
      • Spa features: Outdoor Hot Tub
      • Has view: Yes
      • View description: Direct Gulf Front
      • Waterfront features: Gulf Front Building
      • Body of water: Gulf Of Mexico / America
      Details
      • Parcel number: 00000
      • Special conditions: Other/See Remarks

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Condo
      • Property subtype: Condominium
      Materials
      • Roof: Other/See Remarks
      Condition
      • Year built: 2026

      Utilities & green energy

      • Utilities for property: Baldwin EMC

      Community & HOA

      Community
      • Features: Gated, Fencing, Internet, Lazy River, Landscaping, Spa Hot Tub, Meeting Room, Exercise Room, Guard At Gate, Pets Owners Only, Water Access Deeded, Fire Sprinkler System
      • Security: Smoke Detector(s)
      • Subdivision: Phoenix Key Tower I
      HOA
      • Has HOA: Yes
      • Services included: Gas, Pool, Trash, Cable TV, Internet, Security, Electricity, Pest Control, Recreation Facilities, Telephone, Water Sewer, Reserve Fund, Custodial Services, Common Area Insurance, Association Management, Common Area Maintenance
      • HOA fee: $2,650 monthly
      • HOA phone: 251-948-1949
      Location
      • Region: Orange Beach

      Financial & listing details

      • Price per square foot: $942/sqft
      • Date on market: 7/2/2026
      • Ownership type: Condominium

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/2/2026Price change$2,830,000+3.9%$942/sqft
        Source: Baldwin Realtors #388328 Report a problem
        11/20/2025Listed for sale$2,725,000$907/sqft
        Source: Baldwin Realtors #388328 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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

        9 / 100
        Car-Dependent
        39 / 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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