27580 Canal Road 1505Orange Beach, AL 36561




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$4,923Second chance opportunity! Back on the market due to buyer circumstances—no fault of the seller. Seller ready for a smooth and timely closing. Welcome to coastal luxury at its finest. This 3-bedroom, 3-bath penthouse at Phoenix on the Bay is the kind of place that immediately slows you down. The views over Terry Cove and Robinson Island are wide, open, and constantly changing—boats passing by, dolphins in the distance, and sunsets that never get old. It feels removed from the crowds, but you’re still right in the heart of Orange Beach. Inside, the condo has been exceptionally cared for by only two owners, and it shows in every detail. The space is polished but comfortable, with designer furnishings and finishes that feel intentional, not staged. Nothing feels tired, overused, or “rental worn,” which is rare—especially for a unit with an excellent rental history. The layout works beautifully, making hosting family or friends easy without sacrificing privacy. Whether you’re here full-time, part-time, or letting it work for you when you’re away, this penthouse strikes that hard-to-find balance between personal retreat and proven income producer. A dedicated exterior storage unit just down the hall provides convenient space for water toys and gear. All carpet has been replaced with durable LVP flooring, complemented by ceramic tile in the remaining areas. Smooth ceilings and solid wood cabinetry reflect the quality of this gorgeous condo. The exquisite views can be yours! This is a condo you’ll be proud to own and a dream to walk into. Buyer to verify all information during due diligence.
| a week ago | Listing updated with changes from the MLS® | |
| a week ago | Status changed to Active | |
| a week ago | Price changed to $1,079,000 | |
| 3 months ago | Listing first seen on site |
Listing information is provided by Participants of the Baldwin REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Baldwin REALTORS MLS.
Data last updated at: 2026-03-18 01:58 AM UTC
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