Water Views
Address
29040 Perdido Beach Boulevard 24b2, Orange Beach, AL
Price
$ 2,830,000
Property Attributes
- MLS#388328
- TypeSingle Family
- Listing Status Active
- CountyBaldwin
- CityOrange Beach
- NeighborhoodPhoenix Key Tower I
- Zip36561
- StyleCondo
- Year Built2026
- Price$ 2,830,000
- Bedrooms5
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage3005
Data Source:
Baldwin County MLS (BCAR)
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 $1,100+ 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Orange Beach Elementary Elementary School | Orange Beach Middle Middle School | Orange Beach High High School |
| Price History | |
|---|---|
| 7/24/2026 | Listed $2,830,000 |
General Features
| Utilities | Baldwin EMC |
|---|---|
| HOA Fee | 2650 |
| View | Direct Gulf Front |
| Property Subtype | Residential Attached |
| Waterfront Features | Gulf Front Building |
| 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 |
| County | Baldwin |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Phoenix Key Tower I |
| Status | Active |
| Directions | From Highway 161 take a left and head towards the Perdido Pass bridge. Phoenix Key will be 1 mile down on the right hand side. |
| High School | Orange Beach High |
| City | Orange Beach |
| MLS Area | Baldwin |
| Elementary School | Orange Beach Elementary |
| Home Warranty Y/N | false |
| Middle/Junior High School | Orange Beach Middle |
| Standard Status | Active |
| Heating | Central |
| Cooling | Electric |
| Roof | Other/See Remarks |
| Appliances | Dryer,Washer,Cooktop,Disposal,Gas Range,Ice Maker,Microwave,Dishwasher,Double Oven,Wine Cooler,Plumbed For Ice Maker,Smoke Detector |
| Architectural Style | Condo |
| Year Built | 2026 |
| Full Baths | 5 |
| Stories Count | 1 |
| Assoc Fee Paid Per | Monthly |
| Body of Water | Gulf Of Mexico / America |
| Spa Features | Outdoor Hot Tub |
| Association Fee Includes | Gas,Pool,Trash,Cable TV,Internet,Security,Electricity,Pest Control,Recreation Facilities,Telephone,Water Sewer,Reserve Funds,Custodial Services,Common Area Insurance,Association Management,Common Area Maintenance |
| Unit Number | 24B2 |
| Number Of Units Total | 56 |
Interior Features
| Air Conditioning Y/N | true |
|---|---|
| Heating Y/N | true |
| Fireplace Y/N | false |
| Interior Amenities | Wet Bar,Internet,Storage,Termite Contract |
| Flooring | Luxury Vinyl Plank |
| Furnished Y/N | Unfurnished |
| Total Bedrooms | 5 |
| LivingAreaSource | Builder |
| Total Baths | 5 |
Exterior Features
| Parking Features | Condo Covered Parking,Electric Vehicle Charging Station(s) |
|---|---|
| Exterior Amenities | Storage,Built In Gas Grill |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 36561
Price
Year Built
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