$640,557
SOLD DEC 14, 2022

Palm Beach Condominium 22984 Perdido Beach Blvd Unit B 55 Orange Beach, AL 36561

3 Beds
3.5 Baths
1,706 Sq Ft
2000 Built

Recently Sold

$375 Per Sq Ft

2% Above List Price

6 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Jetted Tub in Primary Bathroom
  • Community Pool
  • Fitness Center
  • Furnished
  • Living Room

About This Home

As of December 2022

The Beach Life is waiting for you at Palm Beach Resort. This is one of the most unique Condo’s in Orange Beach – with over 1700 square foot, this spacious unit offers 2 master suites, each with access to the large wrap around ocean front balcony, floor-to-ceiling windows and stunning views. Both master suites have oversized bathrooms with double vanities and extra cabinets for storage. The primary master suite has a separate shower and a jacuzzi tub. This condo is one of the larger units in the complex with a total of 3 full suites, and 3 attached private bathrooms. There is an additional half bath in the living area for guests. This unit has all new paint, new A/C, and hard surfaces throughout. One of the best features of this unit is the layout, although the living areas are all wide open, the bedroom layouts are split for the utmost privacy. Condo amenities include two outdoor pools, Fitness Center, Family Area with BBQ Grills, and of course the soft, sandy white shores of Orange Beach. All of the furnishings and linens in the unit will convey to the new owner. While the owner has certainly enjoyed spending weeks or even months at a time in this vacation destination, they have also benefited from over $74,000 in rental income year to date. New furnishings in the living room and kitchen; updated photos coming soon. Hurry and book your private showing today!

Last Agent to Sell the Property

Eric Whitlow

eXp Realty Southern Branch Listed on: 11/09/2022

eXp Realty Southern Branch

Last Buyer's Agent

Francine Carstensen

Elite Real Estate Solutions, LLC

Elite Real Estate Solutions, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,144

Year Built

  • Built in 2000

Lot Details

  • Landscaped
  • Sprinkler System

HOA Fees

  • $1,001 Monthly HOA Fees

Parking

  • Parking Lot

Property Views

  • Pool

Home Design

  • Steel Frame
  • Metal Roof
  • Stucco Exterior
  • Masonry

Interior Spaces

  • 1,706 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Living Room
  • Storage
  • Stacked Washer and Dryer
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Home Security

  • Fire and Smoke Detector
  • Termite Clearance

Schools

  • Orange Beach Elementary School
  • Orange Beach High School

Utilities

  • Central Air
  • No Heating
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 66-06-14-4-001-007.000950

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, pest control, reserve funds, taxes-common area, telephone, trash, water/sewer
  • 2 Elevators
  • Palm Beach Community
  • Orange Beach Subdivision
  • The community has rules related to covenants, conditions, and restrictions
  • 5-Story Property

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool

Security

  • Resident Manager or Management On Site
  • Fenced around community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,144

Year Built

Built in 2000

Lot Details

0

HOA Fees

$1,001 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Solid Masonry, Steel Frame
  • Construction Status: Resale
  • Flood Zone: VE
  • Property Amenities: Cable, Ceiling Fan(s), En-Suite, Internet, Split Bedroom Plan, Storage-In, Termite Contract
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Direct Gulf Front, Pool Area View
  • Owners Association: Yes
  • Parcel Id Tax Id: 66-06-14-4-001-007.000950
  • Year Built: 2000
  • Geo Subdivision: AL
  • Governing Municipality: Orange Beach
  • Living Room Group: Living Room
  • Property Legal Description: UNIT # B55 PALM BEACH CONDOMINIUMS IN CITY OF ORANGE BEACH S EC 14-T9S-R4E (WD)
  • Subdivsn Or Commnty: Orange Beach
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range-Electric, Refrigerator W/Ice Maker, Smoke Detector, Stack Washer/Dryer
  • Estimated Living Area: 1706
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 16x12, On Level: Main Level
  • Bedroom 3: Dimensions: 12x11, On Level: Main Level
  • Bedrooms: 3
  • Elevators: 2
  • Floors: Tile
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 9x9, On Level: Main Level
  • Living Room: Dimensions: 16x15, On Level: Main Level
  • Master Bed: Dimensions: 16x12, On Level: Main Level
  • Price Per Sq Ft: 375.47
  • Property Interior Stories: 1
  • Unit Floor: 5
  • Primary Bedroom Bathroom Combo: Yes
  • Primary Bedroom Bathrooms: Double Vanity, Jetted Tub, Separate Shower, 1st Floor Primary, Balcony/Patio, Direct Gulf View-Primary

Exterior Features

  • Body Of Water: Gulf Of Mexico
  • Exterior Finish: Stucco
  • Roof: Metal
  • Waterfront: Yes
  • Water Property Type: Gulf Front - Building

Garage/Parking

  • Garage Parking: Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric (Cool), No Heat
  • Utilities: Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 1001
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Pest Control, Reserve Funds, Taxes-Common Area, Telephone, Trash, Water/Sewer
  • Community Amenities: Bbq Area, Condo 1-Bdrms In Complex, Condo 2-Bdrms In Complex, Condo 3-Bdrms In Complex, Exercise Room, Fencing, Fire Sprinkler System, Landscaping, On-Site Management, Pool - Outdoor, Pets - Allowed
  • Condo Building Stories: 5
  • Condo Complex: Palm Beach

Fee Information

  • Transfer Fees: Yes

Schools

  • Elementary School: Orange Beach Elementary
  • High School: Orange Beach High

Lot Info

  • Lot Block Unit: B55
  • Lot Description: Waterfront

Rental Info

  • Furnished: Yes
  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 3143.74
  • Assessor Parcel Number: 233514

MLS Schools

  • Elementary School: Orange Beach Elementary
  • HighSchool: Orange Beach High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2014
Sold by
Bennett Suzanne Joy
Bought by
Joy Property Llc

Purchase Details

Listed on
Aug 2, 2008
Closed on
May 9, 2012
Sold by
Virciglio Stanley and Virciglio Sue
Bought by
Bennett Suzanne Joy
Seller's Agent
The Chuck Norwoo Team
RE/MAX of Gulf Shores
Buyer's Agent
Non Member
Non Member Office
List Price
$348,500
Sold Price
$348,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%

Purchase Details

Closed on
Sep 1, 1999
Sold by
Joy Property Llc
Bought by
Bbs Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $372,500 None Available
Warranty Deed -- None Available
Warranty Deed $361,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $280,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2025 04/05/25 For Sale $799,000 0.0% $468 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
02/26/2025 02/26/25 Price Changed $799,000 -9.1% $468 / Sq Ft
01/03/2025 01/03/25 Price Changed $879,000 -2.3% $515 / Sq Ft
11/18/2024 11/18/24 For Sale $900,000 +40.5% $528 / Sq Ft
12/14/2022 12/14/22 Sold $640,557 +1.8% $375 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $629,000 +80.5% $369 / Sq Ft
05/18/2012 05/18/12 Sold $348,500 0.0% $203 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
08/02/2008 08/02/08 For Sale $348,500 -- $203 / Sq Ft
Source: Baldwin REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,225 $132,040 $0 $132,040
2023 $4,149 $129,660 $0 $129,660
2022 $3,821 $119,420 $0 $0
2021 $3,133 $95,540 $0 $0
2020 $3,133 $95,540 $0 $0
2019 $3,079 $93,840 $0 $0
2018 $2,806 $85,300 $0 $0
2017 $2,806 $85,300 $0 $0
2016 $2,642 $80,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 338593

Baldwin REALTORS®

APN: 66-06-14-4-001-007.000-950