NOT LISTED FOR SALE

Caribe Resort 28105 Perdido Beach Blvd Unit C1110 Orange Beach, AL 36561

Estimated Value: $1,207,000 - $1,324,000

3 Beds
3.5 Baths
2,380 Sq Ft
$534/Sq Ft Est. Value

Last Sold August 16, 2021

Last sale price $1,005,000 $422 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $8,439/month

24 Days on Market

Highlights

  • Water access To Gulf or Ocean
  • Fitness Center
  • River Front
  • Fishing Pier
  • Gated with Attendant
  • Gulf View

About This Home

As of August 2021

Featured on Island Life, Season 18 Episode 4! Here is your chance to own a piece of Paradise inside and out. Offering 3 large bedrooms and 3½ baths plus a bonus media room. Professionally decorated with Attention to Detail, Luxury and Relaxation in mind. Cool colors with vibrant accents draw you eye to the spectacular Gulf View. Grab a cup of coffee and watch the sunrise. Unwind with your favorite cocktail and enjoy that fabulous sunset all from the privacy of your wrap around balcony! This property is being sold completely furnished. The Owner spared no expense with the décor; notice the signed artwork, high end accents, sectional sofa covered Revolution Fabric (designed to be stain resistant). Fully equipped kitchen with abundant storage, quartz counter tops, dishwasher installed 2019. New HVAC installed 2020 and Washer Dryer installed 2020. One of the most sought-after rental units in Caribe with an impressive $94,724 on the books for 2021. This unit proves to be a consistent renter and trending higher every year – 2019 $76,953, 2020 - $84,701. In addition, two lockout owners’ closets are provided for privacy and securing personal items. 23 Acres of pure fun and entertainment! Amenities include a trolley to take you to and from the Gulf, 3 Indoor Pools, 3 Outdoor Pools, Lazy River, Mini Golf, Splash Pad, Tennis Courts, Snack Bar, Boat Slips, Rental for Watercraft, and the Cobalt Restaurant right next door! There is nothing like it on the beach! Make appointment today!

Last Agent to Sell the Property

Nicole Gilchrest

Emerald Coast Realty Listed on: 06/04/2021

Last Buyer's Agent

Erin Niel

RE/MAX of Orange Beach

RE/MAX of Orange Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,493

Year Built

  • Built in 2007

Lot Details

  • Landscaped

HOA Fees

  • $965 Monthly HOA Fees

Home Design

  • Reinforced Concrete Foundation
  • Stucco Exterior

Interior Spaces

  • 2,380 Sq Ft Home
  • Wet Bar
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Parking Lot
  • Deeded Parking

Outdoor Features

  • Water access To Gulf or Ocean
  • River Access

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 65-05-03-0-000-005.004963-A1

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, recreational facilities, security, telephone, trash, water/sewer, pool
  • 4 Elevators
  • Caribe Community
  • 13-Story Property

Amenities

  • Community Barbecue Grill
  • Meeting Room

Recreation

  • Fishing Pier
  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,493

Year Built

Built in 2007

Lot Details

0

HOA Fees

$965 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: P-I-P Reinforced Concrete
  • Construction Status: Resale
  • Property Amenities: Cable, Ceiling Fan(s), High Ceilings, Wet Bar
  • Property Type: Residential Attached
  • Style: Condo
  • View: Direct Gulf-Across Rd, Direct River Front
  • Parcel Id Tax Id: 65-05-03-0-000-005.004963-A1
  • Year Built: 2007
  • Geo Subdivision: AL
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Icemaker, Microwave, Refrigerator, Smoke Detector, Washer, Wine Cooler, Cooktop
  • Estimated Living Area: 2380
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 10x12, On Level: Main Level
  • Bedroom 3: Dimensions: 11x14, On Level: Main Level
  • Bedrooms: 3
  • Dining Area Type: Lvg/Dng/Ktchn Combo
  • Elevators: 4
  • Floors: Tile
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 19x12, On Level: Main Level
  • Living Room: Dimensions: 24x30, On Level: Main Level
  • Master Bed: Dimensions: 15x18, On Level: Main Level
  • Primary Bedroom Bathroom: Double Vanity, Jetted Tub, Separate Shower, Walk In Closet
  • Price Per Sq Ft: 422.27
  • Property Interior Stories: 1
  • Unit Floor: 11
  • Primary Bedroom Bathroom Combo: Yes

Exterior Features

  • Boat Facilities: Boat Dock, Water Available
  • Body Of Water: Old River
  • Exterior Finish: Stucco
  • Waterfront: Yes
  • Water Property Type: Gulf Accs (Wlk <=1/4 Mi), River Acc (Wlk <=1/4 Mi)

Garage/Parking

  • Number Of Garage Spaces: 1
  • Garage Parking: Condo: Covered Parking, Condo: Deeded Parking, Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Cable Tv, Total Electric

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 965
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Recreational Facilities, Security, Telephone, Trash, Water/Sewer, Pool
  • Community Amenities: Bbq Area, Common Lobby, Exercise Room, Fishing Pier, Guard At Gate, Pool - Indoor, Pool - Kiddie, Landscaping, Meeting Room, On-Site Management, Pool - Outdoor, Spa/Hot Tub, Steam/Sauna, Tennis/Racquetball, Gated
  • Condo Building Stories: 13
  • Condo Complex: Caribe

Schools

  • Elementary School: Orange Beach Elementary
  • High School: Gulf Shores

Lot Info

  • Lot Description: Water View

Rental Info

  • Furnished: Yes
  • Incm Producing Potential: Yes
  • Rental Program: Yes

Tax Info

  • Property Taxes: 4,493.44
  • Assessor Parcel Number: 280845

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 16, 2021
Sold by
Bmkt Vnetures Llc
Bought by
Thonrton William Edward and Voigt Lydia
Seller's Agent
Nicole Gilchrest
Emerald Coast Realty
Buyer's Agent
Erin Niel
RE/MAX of Orange Beach
List Price
$1,005,000
Sold Price
$1,005,000
Current Estimated Value
$1,272,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,007
Avg. Annual Appreciation
5.97%

Purchase Details

Listed on
Feb 6, 2018
Closed on
Jun 26, 2018
Sold by
Cole Rentals Llc
Bought by
Marzean Barbara and Marzean Michael
Seller's Agent
The Dusty Cole Team
RE/MAX on the Coast
Buyer's Agent
Kimberley Gibbons
Emerald Coast Realty
List Price
$669,000
Sold Price
$650,000
Premium/Discount to List
-$19,000
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.89%
Original Mortgage
$520,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 23, 2007
Sold by
Ghm Investments Llc
Bought by
War Eagle Investments Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Thonrton William Edward $1,005,000 None Available
Marzean Barbara $130,000 None Available
War Eagle Investments Llc -- Btg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bmkt Ventures Llc $510,000
Previous Owner Marzean Barbara $520,000
Previous Owner War Eagle Investments Llc $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2021 08/16/21 Sold $1,005,000 0.0% $422 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $1,005,000 +54.6% $422 / Sq Ft
06/27/2018 06/27/18 Sold $650,000 -1.4% $273 / Sq Ft
05/09/2018 05/09/18 Pending -- -- --
03/22/2018 03/22/18 Price Changed $659,000 -1.5% $277 / Sq Ft
02/06/2018 02/06/18 For Sale $669,000 -- $281 / 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 $7,159 $223,720 $0 $223,720
2023 $6,657 $208,020 $0 $208,020
2022 $5,788 $180,880 $0 $0
2021 $4,935 $152,320 $0 $0
2020 $4,554 $140,420 $0 $0
2019 $4,478 $138,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 315031

Baldwin REALTORS®

APN: 65-05-03-0-000-005.004-963-A1