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

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: Baldwin County MLS,MLS#: 328115

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