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29040 Perdido Beach Boulevard, Unit 24B2, Orange Beach, AL 36561

$2,830,000
  • 29040 Perdido Beach Boulevard, Unit 24B2, Orange Beach, AL 36561 Main Photo

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Active
BEDS5 BATHS5 full SQUARE FEET3,005 MLS#388328
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONPhoenix Key Tower I

Property Description

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 $1,000+ 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 and buyer's agent to verify all information during due diligence. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchas

29040 Perdido Beach Boulevard, Unit 24B2 | MLS# 388328

This single family home located at 29040 Perdido Beach Boulevard, Unit 24B2, Orange Beach, AL 36561 is currently listed for sale with an asking price of $2,830,000. This property was built in 2026 and has 5 bedrooms and 5 full baths with 3005 sq. ft. Perdido Beach Boulevard, Unit 24B2 is located in the Phoenix Key Tower I subdivision. Search Phoenix Key Tower I real estate on christygustin.gobellator.com today.

Property Features

Property Type: Residential - Single Family
Cooling: Central Electric (Cool)
Heating: Central
Property Type: Pre-Construction
Stories: 1.0
Year Built: 2026

Amenities

Internet
Storage
Wet Bar
Storage
Termite Contract
Gas Grill

Feature Descriptions

Appliances: Dishwasher, Disposal, Double Oven, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator w/Ice Maker, Washer, Wine Cooler, Cooktop
Community Features: Fitness Center, Fencing, Internet, Pool - Indoor, Pool - Kiddie, Landscaping, Meeting Room, Pool - Outdoor, Gated, Water Access-Deeded, Lazy River
Construction Materials: Other-See Remarks, P-I-P Reinforced Concrete
Days on Site: 229
Exterior: Concrete
Flooring: Luxury Vinyl Plank
HOA Fee: 2650
HOA Y/N: Yes
Lot: 1-3 acres
Pets Allowed: Owners Only
Waterfront: Gulf Front

Local Schools

High School: Orange Beach High
Middle School: Orange Beach Middle
Elementary School: Orange Beach Elementary

Listed By / Shown By

Listed By

Agency Name: Brett R/E Robinson Dev OB
Agency Phone: 251-981-6180

Shown By

Agent Name: Christy Gustin
Agent Phone: (251) 508-7952
Agency Title: Bellator Real Estate

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Estimated Payment

$ 14,399.24 per month $13,573.82 Principal & Interest $0.00 Property Tax (data not provided by mls) $825.42 Homeowner's Insurance

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