Orange Beach, AL 63k Grossing Condo

CALLING ALL INVESTORS! This turnkey unit is a PHENOMENAL rental investment opportunity bringing in over 63k in gross rental income from April 2021-April 2022 with a 95% occupancy rate!! GULF FRONT penthouse west corner unit has views from EVERY room. 12th floor large balcony is ideal for dolphin sightings, being eye to eye with the pelicans soaring by, and perfect for watching the magnificent sunsets. This beautiful 2 bed, 2 bath unit has so much to offer as it boasts 10 ft ceilings, granite countertops and tile plank flooring throughout unit. The rental condo is being sold fully furnished, with stainless steel appliances. Indoor/outdoor AC units were replaced in 2019. Tradewinds is a highly sought-after condo destination in Orange Beach due to its close proximately to local restaurants and attractions!

https://www.airbnb.com/rooms/43942051

Listed by:

Jessica Limbaugh 251-949-2100 | jessica.beachagent@gmail.com

Elite By The Beach, LLC

Source: Baldwin County MLS,MLS#: 329129

See more details for 24568 Perdido Beach Blvd APT 1205, Orange Beach, AL 36561 on Zillow

Facts and features

• Residential attached, condominium
• 2 bedrooms
• 2 bathrooms
• Built in 1999
• Electric
• No data
• Parking lot
• $499 monthly HOA fee
• $671 price/sqft
• 2% buyer’s agent fee

Interior details

Bedrooms and bathrooms

• Bedrooms: 2
• Bathrooms: 2
• Full bathrooms: 2

PrimaryBedroom

• Level: Main
• Area: 144
• Dimensions: 12 x 12

Bedroom2

• Level: Main
• Area: 120
• Dimensions: 12 x 10

Kitchen

• Level: Main
• Area: 168
• Dimensions: 12 x 14

Flooring

• Flooring: Tile

Heating

• Heating features: Electric

Appliances

• Appliances included: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator, Washer/Dryer Stacked

Interior Features

• Interior features: Ceiling Fan(s), Internet

Other interior features

• Total structure area: 931
• Total interior livable area: 931 sqft

Property details

Parking

• Parking features: Parking Lot

Property

• Levels: One
• Stories: 1
• Exterior features: Balcony
• View description: Water
• Waterfront features: Gulf Front – Building, Waterfront
• Waterbody name: Gulf of Mexico
• Has waterview: Yes
• Waterview: Direct Gulf Front

Other property information

• Parcel number: 6504180000020.000999
• Attached to another structure: Yes

Construction details

Type and style

• Home type: Condo
• Property subType: Residential Attached, Condominium

Material information

• Construction materials: Stucco, Solid Masonry

Condition

• Property condition: Resale
• New construction: No
• Year built: 1999

Utilities / Green Energy Details

Utility

• Electric information: Baldwin EMC
• Utilities for property: Cable Connected

Community and Neighborhood Details

Community

• Community features: Pool – Indoor, Pool – Outdoor

Location

• Region: Orange Beach
• Subdivision: Tradewinds

HOA and financial details

HOA

• Has HOA: No
• HOA fee: $499 monthly

Other financial information

• Annual tax amount: $2,602
• Buyer agency compensation: 2%

Other

Other facts

• Virtual Open House Link: https://www.facebook.com/jessica.beachagent
• Virtual Open House Start Time: 04/16/2022 13:00
• Virtual Open House End Time: 04/16/2022 15:00
• Price Range: $625K – $625K
• Listing Terms: Cash,Conventional
• Ownership: Condominium