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$550,000
1 Day On Site

24400 Perdido Beach Boulevard 506
Orange Beach, AL 36561

For Sale|Condominium|Active
2
Beds
2
Total Baths
2
Full Baths
1,064
SqFt
$517
/SqFt
1995
Built
Subdivision:
Phoenix V
County:
Baldwin
24400 Perdido Beach Boulevard 50624400 Perdido Beach Boulevard 50624400 Perdido Beach Boulevard 50624400 Perdido Beach Boulevard 506
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Monthly Payment (Est.)

$2,509
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

Perfectly situated on the fifth floor in one of the best rental complexes along the Alabama Gulf Coast, Phoenix V Unit 506 is a lovely Gulf front condo strategically priced below all comparable sales from the last four years! With gross rentals over $53,000 in 2024, over $47,000 in 2025, and a projection of over $80K from Ball BNB, this property is well-positioned to provide a boost your portfolio. As you enter the condo and your feet glide across the tiled floors, you are welcomed by an abundance of natural light streaming from the floor to ceiling glass that lines the southern exposure. The open concept layout seamlessly combines the kitchen, dining area, and living room to create an ideal waterfront space for entertaining family and friends. The kitchen is outfitted with granite countertops, real wood cabinets, an abundance of storage, tiled backsplash, a bar with seating for two, and Gulf views. The Gulf front master suite features direct balcony access, a king bed, and a beautifully updated walk-in shower with a sliding glass door. The amenities at Phoenix V make it one of the most highly sought-after destinations along the Gulf Coast and include a short walk to the beach, splash pad, indoor and outdoor pools, kiddie pool, spa, sauna, tennis courts, racquetball, grilling area, and a fitness center. Buyer to verify all information during due diligence.

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Listing Snapshot
Price 
$550,000
Days On Site 
1 Day
Bedrooms 
2
Inside Area (SqFt) 
1,064 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
9.4904 Acres
Year Built 
1995
MLS® Number 
395647
Status 
Active
Property Tax 
$4,085.76
HOA/Condo/Coop Fees 
$670 monthly
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
9.4904
Levels 
One
Parking 
CoveredParking Lot
Property Sub Type 
Condominium
Security 
Smoke Detector(s)Gated with Guard
Sewer 
Public Sewer
SqFt Total 
1064
Water Source 
Public
Interior Features
Appliances 
DishwasherDisposalMicrowaveElectric RangeWasher/Dryer Stacked
Fireplace Features 
None
Flooring 
Tile
Furnished 
Furnished
Heating 
ElectricHeat Pump
Interior 
Storage
Window Features 
Window CoveringsWindow Treatments
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Exterior Features
Construction Details 
Stucco
Exterior 
Storage
Lot Features 
Waterfront
Pool Features 
CommunityAssociation
Spa Features 
Community
Waterfront 
Yes
Waterfront Features 
Gulf of Mexico/America
Windows/Doors 
Window CoveringsWindow Treatments
Community Features
Association Amenities 
Pool
Association Dues 
670
Community Features 
PoolFitness CenterTennis Court(s)
HOA Fee Frequency 
Monthly
MLS Area 
Orange Beach 1
Schools
School District
Unknown
Elementary School
Orange Beach Elementary
Middle School
Orange Beach Middle
High School
Orange Beach High
Listing courtesy of Lance Niel of RE/MAX of Orange Beach: (251) 979-9198



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: 2026-04-26 04:57 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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