NOT LISTED FOR SALE

Caribe Resort 28107 Perdido Beach Blvd Unit D705 Orange Beach, AL 36561

Estimated Value: $950,329 - $1,145,000

3 Beds
3 Baths
1,839 Sq Ft
$547/Sq Ft Est. Value

Last Sold February 07, 2023

Last sale price $940,000 $511 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,849/month

2 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Marina View
  • Lazy River
  • Community Beach Access
  • Fishing Pier
  • Property Fronts a Bay or Harbor

About This Home

As of February 2023

New Year, new condo! Start 2023 with the fulfillment of a dream! The best views at Caribe Resort, extraordinary amenities, and quick boat/beach access to the Gulf of Mexico can now be yours! Caribe D-705 is a 3-bedroom, 3-bath condo with 1,839 square feet of pure luxury in coastal living. The main living space is elegant and full of light; it is graced by the show-stopping backdrop of the Orange Beach islands as viewed through the floor-to-ceiling doors/windows. The inviting living room features a Yamaha surround-sound system, and an oversized balcony supplies over 300 sq. ft. of outdoor waterfront enjoyment space! The kitchen has granite countertops, a tile backsplash, and professional-grade stainless KitchenAid appliances - an oversized refrigerator (motherboard replaced in 2020), glass cooktop, warming drawer, built-in oven and microwave, vent hood, dishwasher, and newer disposal replaced in 2020. Bar seating, a wet bar, ice maker, and wine cooler are also part of the dining features here. The main bedroom area has awe-inspiring water and island views, and the bathroom includes a double vanity, jetted tub, updated toilet (2019), separate shower, and huge walk-in closet. A new Carrier air handler was installed in August 2022! Flatscreen TVs with Hoppers are found in the main bedroom, living room, and guest bedroom, and the spacious utility room with LG washer/dryer (purchased 2019), utility sink, and shelving provides convenience and extra storage. Caribe amenities are simply unparalleled - with 11 pools, indoor and out, waterslides, lazy river, hot tubs, saunas, steam rooms, fitness rooms, deli, arcade, gift shop, bbq grills, and of course, Caribe’s stellar private marina! An assigned, covered parking space, high-speed internet, and a rich cable package are also included! Though D-705 has been a much-loved primary residence, the rental income opportunities are extremely strong. Come fall in love with the Caribe lifestyle and start making beach memories in 2023!

Last Agent to Sell the Property

Katy Lonowski Norris

RE/MAX of Orange Beach Listed on: 01/03/2023

RE/MAX of Orange Beach

Last Buyer's Agent

Rebecca Wilson

RE/MAX of Gulf Shores

RE/MAX of Gulf Shores

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,747

Year Built

  • Built in 2005

Lot Details

  • Landscaped
  • Sprinkler System

HOA Fees

  • $918 Monthly HOA Fees

Property Views

Home Design

  • Reinforced Concrete Foundation
  • Block Foundation
  • Stucco Exterior
  • Piling Construction

Interior Spaces

  • 1,839 Sq Ft Home
  • Wet Bar
  • Partially Furnished
  • ENERGY STAR Qualified Ceiling Fan
  • Ceiling Fan
  • Combination Dining and Living Room
  • Storage
  • Stacked Washer and Dryer
  • Utility Room
  • Sauna
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Parking

  • 1 Car Garage
  • Parking Lot

Outdoor Features

  • Cabana
  • Deeded Waterfront Access Rights
  • Water access To Gulf or Ocean
  • River Access
  • Access To Bayou

Schools

  • Orange Beach Elementary School
  • Orange Beach Middle School
  • Orange Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Internet Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 65-05-03-0-000-005.001993

Community Details

Overview

  • Association fees include management, cable, common area insurance, common area maintenance, custodial services, pest control, recreational facilities, reserve funds, security, taxes-common area, telephone, trash, water/sewer, internet, pool
  • 4 Elevators
  • Caribe Community
  • The community has rules related to covenants, conditions, and restrictions
  • 14-Story Property

Amenities

  • Community Gazebo
  • Community Barbecue Grill
  • Game Room
  • Meeting Room
  • Community Wi-Fi

Recreation

  • Fishing Pier
  • Community Beach Access
  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,747

Year Built

Built in 2005

Lot Details

0

HOA Fees

$918 per month

Listing Details

  • Class: Residential-Single Family
  • Construction Foundation: Concrete Block, P-I-P Reinforced Concrete, Pilings
  • Construction Status: Resale
  • Flood Zone: AE, 0.2 PCT
  • Home Warranty: Yes
  • Property Amenities: Cabana, Cable, Ceiling Fan(s), Internet, Sauna/Steam Shower, Storage-In, Wet Bar
  • Property Type: Residential Attached
  • Restrictive Covenants: Yes
  • Style: Condo
  • View: Direct Bay Front, Direct River Front, Marina View, Northern View
  • Owners Association: Yes
  • Parcel Id Tax Id: 65-05-03-0-000-005.001993
  • Year Built: 2005
  • Geo Subdivision: AL
  • Governing Municipality: Orange Beach
  • Living Room Group: Living/Dining
  • Property Legal Description: UNIT D-705 CARIBE RESORT PHASE II CONDO IN THE CITY OF ORANGE BEACH GR SEC 3-T4S-R33W FRL SEC 11-T9
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Icemaker, Microwave, Range-Electric, Refrigerator, Refrigerator W/Ice Maker, Smoke Detector, Stack Washer/Dryer, Wine Cooler, Cooktop
  • Estimated Living Area: 1839
  • Bathrooms: 3
  • Bedroom 2: Dimensions: 13x15, On Level: Main Level
  • Bedroom 3: Dimensions: 11x13, On Level: Main Level
  • Bedrooms: 3
  • Dining Area Type: Lvg/Dng/Ktchn Combo
  • Elevators: 4
  • Floors: Carpet, Tile
  • Kitchen: Dimensions: 11x16, On Level: Main Level
  • Living Dining: Dimensions: 19x26, On Level: Main Level
  • Master Bed: Dimensions: 13x20, On Level: Main Level
  • Other Rooms: Utility Room-Inside
  • Price Per Sq Ft: 511.15
  • Property Interior Stories: 1
  • Unit Floor: 7
  • Primary Bedroom Bathrooms: Double Vanity, Jetted Tub, Separate Shower, 1st Floor Primary, Walk In Closet, Balcony/Patio, Direct Bay View-Primary

Exterior Features

  • Boat Facilities: Rental Slip, Slip-Available, Trailer Storage
  • Body Of Water: Old River
  • Exterior Finish: Stucco
  • Waterfront: Yes
  • Water Property Type: Bay Access (Wlk <=1/4 Mi), Bay Front - Building, Bayou Accs (Wlk <=1/4 Mi), Beach Accs (Wlk <=1/4 Mi), Gulf Accs (Wlk <=1/4 Mi), River Acc (Wlk <=1/4 Mi), River Front - Building

Garage/Parking

  • Number Of Garage Spaces: 1
  • Garage Parking: Condo: Assigned Parking, Condo: Lot Parking

Utilities

  • Heat Cooling: Central Electric
  • Utilities: Cable Tv, Satellite, Sewage-City, Total Electric, Water Heater-Electric, Water-City, Baldwin Emc

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Fees: 918
  • Association Fees Include: Association Management, Cable, Common Area Insurance, Common Area Maintenance, Custodial Services, Pest Control, Recreational Facilities, Reserve Funds, Security, Taxes-Common Area, Telephone, Trash, Water/Sewer, Internet, Pool
  • Community Amenities: Bbq Area, Common Lobby, Conference Center, Covered Entry, Exercise Room, Fire Sprinkler System, Fishing Pier, Game Room, Gazebo, Guard At Gate, Internet, Pool - Indoor, Pool - Kiddie, Landscaping, Meeting Room, On-Site Management, Pool - Outdoor, Pets - Owners Only, Private Security, Satellite Tv, Spa/Hot Tub, Steam/Sauna, Tennis/Racquetball, Gated, Water Access-Deeded, Lazy River, Pets - No Cats
  • Condo Building Stories: 14
  • Condo Complex: Caribe

Schools

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

Green Features

  • Energy Saving Features: Ceiling Fan(s)

Lot Info

  • Lot Block Unit: D-705
  • Lot Description: Water View, Waterfront

Rental Info

  • Furnished: Partially
  • More Than2 Pets Allowed: Yes

Tax Info

  • Property Taxes: 1,746.94
  • Assessor Parcel Number: 270914

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Feb 7, 2023
Sold by
Lonowski Daniel J and Lonowski Lynda J
Bought by
Hatchback Dreams Llc
Seller's Agent
Katy Lonowski Norris
RE/MAX of Orange Beach
Buyer's Agent
Rebecca Wilson
RE/MAX of Gulf Shores
List Price
$960,000
Sold Price
$940,000
Premium/Discount to List
-$20,000
-2.08%
Views
10
Current Estimated Value
$1,006,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,332
Avg. Annual Appreciation
2.34%
Original Mortgage
$330,000
Interest Rate
6.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 10, 2009
Sold by
Vision Bank
Bought by
Cassidy Bayou Llc

Purchase Details

Closed on
Jul 15, 2005
Sold by
Bon Secour Ltd
Bought by
B & M 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
$496,437
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Hatchback Dreams Llc $940,000 Land Title
Cassidy Bayou Llc -- None Available
B & M Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lonowski Daniel J $330,000
Previous Owner B & M Properties Llc $496,437
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2023 02/07/23 Sold $940,000 -2.1% $511 / Sq Ft
01/05/2023 01/05/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $960,000 +84.6% $522 / Sq Ft
08/01/2016 08/01/16 Sold $520,000 0.0% $283 / Sq Ft
06/23/2016 06/23/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $520,000 -- $283 / 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 $5,885 $183,900 $0 $183,900
2023 $2,169 $86,440 $0 $86,440
2022 $1,747 $69,880 $0 $0
2021 $1,489 $59,780 $0 $0
2020 $1,442 $57,940 $0 $0
2019 $1,325 $53,340 $0 $0
2018 $1,255 $50,580 $0 $0
2017 $1,231 $49,660 $0 $0
2016 $3,048 $93,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Baldwin REALTORS®

MLS Number: 340117

Baldwin REALTORS®

APN: 65-05-03-0-000-005.001-993