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Orange Beach, AL 40k Grossing (5 months) Condo
Orange Beach, AL 40k Grossing (5 months) Condo
  • Home
  • Alabama

Orange Beach, AL 40k Grossing (5 months) Condo

Pending / Sold

$780,000

Property ID :

 RH-23028-property

Bedrooms
3
Bathrooms
3
Year Built
1997
Area
1395 sq ft

Features

  • Beachfront
  • Waterfront
  • Waterview

Additional Details

  • HOA Fee: $736 monthly
  • Gross Revenue: $40,000+

Description

This immaculate unit located at the Palms Condominiums at Orange Beach is a corner unit, featuring a wrap-around balcony and gorgeous panoramic views of the Gulf of Mexico. This condo has been meticulously maintained and features a number of updates. The new water heater was replaced in 2019, the new HVAC unit was replaced in 2020, and both the dishwasher and refrigerator were replaced in 2020 as well. Both the kitchen and bathrooms feature updated fixtures and granite countertops. The unit also features automatic storm hurricane shutters on the balcony. This condo can be used as a family vacation getaway or as income-producing potential as a rental unit. Over a five-month span in 2021, this unit grossed over $40,000 in rental revenue. With all of the updates and rental projections, this unit will not last! Currently, all rental reservations are handled through Vacasa.

https://www.vacasa.com/unit/66493

Listed by:

Devin Kramer 251-949-2682 | devin@alisonfoote.com

JPAR Coast and County

Source:Ā Baldwin County MLS,MLS#:Ā 328115

Real Estate on Zillow

See more details for 26266 Perdido Beach Blvd APT 804, Orange Beach, AL 36561 on Zillow

Facts and features

  • Residential attached, condominium
  • 3 bedrooms
  • 3 bathrooms
  • Built in 1997
  • Electric, central
  • Central electric (cool)
  • Parking lot
  • $736 monthly HOA fee
  • $559 price/sqft
  • 3% buyer’s agent fee
Interior details
Bedrooms and bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
PrimaryBedroom
  • Level: Main
  • Area: 156
  • Length: 12
Bedroom2
  • Level: Main
  • Area: 168
  • Length: 14
Bedroom3
  • Level: Main
  • Area: 154
  • Length: 14
Kitchen
  • Level: Main
  • Area: 208
  • Length: 16
LivingRoom
  • Level: Main
  • Area: 210
  • Length: 15
Flooring
  • Flooring: Tile
Heating
  • Heating features: Electric, Central
Cooling
  • Cooling features: Central Electric (Cool)
Appliances
  • Appliances included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
Interior Features
  • Interior features: Ceiling Fan(s), Internet
Other interior features
  • Total structure area: 1,395
  • Total interior livable area: 1,395 sqft
Property details
Parking
  • Parking features: Parking Lot
Property
  • Levels: One
  • Stories: 1
  • Pool features: Association
  • Patio and porch details: Patio
  • View description: Water
  • Waterfront features: Gulf Front – Building
  • Waterbody name: Gulf of Mexico
  • Has waterview: Yes
  • Waterview: Direct Gulf Front
Lot
  • Lot features: Less than 1 acre
Other property information
  • Parcel number: 6502090002068.001932
  • Attached to another structure: Yes
Construction details
Type and style
  • Home type: Condo
  • Property subType: Residential Attached, Condominium
Material information
  • Construction materials: Stucco
  • Foundation: Slab
Condition
  • Property condition: Resale
  • New construction: No
  • Year built: 1997
Utilities / Green Energy Details
Utility
  • Electric information: Baldwin EMC
  • Utilities for property: Cable Connected
Community and Neighborhood Details
Community
  • Community features: BBQ Area, Condo 3-Bdrms in Complex, Internet, Pool – Indoor, Pool – Outdoor
Location
  • Region: Orange Beach
  • Subdivision: The Palms
HOA and financial details
HOA
  • Has HOA: No
  • HOA fee: $736 monthly
  • Services included: Maintenance Grounds, Pest Control, Internet
Other financial information
  • Annual tax amount: $3,437
  • Buyer agency compensation: 3%
Other
Other facts
  • Price Range: $780K – $780K
  • Listing Terms: Cash,Conventional
  • Ownership: Condominium

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