$2,799,000
UNDER CONTRACT NEW CONSTRUCTION

29040 Perdido Beach Blvd Unit 16B2 Orange Beach, AL 36561

Estimated payment $20,671/month

Total Views 2,697
5 Beds
5 Baths
3,005 Sq Ft
$931 Price per Sq Ft

Highlights

  • Property fronts gulf or ocean
  • Fitness Center
  • Jetted Tub in Primary Bathroom
  • Lazy River
  • New Construction
  • High Ceiling

About This Home

Phoenix Key is going to be AN AMAZING, SPECTACULAR CONDOMINIUM ON the Gulf of America! OWNER FINANCING NOW AVAILABLE, 1 million down, 5% interest, 30 years amortization with balloon payment upon completion of construction. With a projected completion date in late 2026, this is a perfect time to invest!! You can do a 1031 EXCHANGE TOO! This condo is like having a beach house because of the low density but offers so much more! Just imagine all the extra amenities: the amazing views from the 16th floor oversized balcony, 6th floor lazy river, hot tubs, indoor heated pool, fitness center, and waterslide, just to name a few! It's rare to find a 5 bedroom, 5 bath condo on the Alabama coast! It will be very spacious and has over 3000 sq. ft that features a GAS GRILL and it's own HOT TUB located on the private GULF FRONT balcony! Just a few of the UPGRADES rarely seen include 10 foot ceilings, 8 foot solid core doors, tankless hot water heater, free standing tub, frameless glass shower doors, TOP OF THE LINE Appliances! If you're looking for something EXTRAORDINARY, this is it and will make an amazing home or a spectacular vacation rental with rental projections over $225,000. Want to be in awe, check out the amazing animation video that will help you picture more of this amazing property! Another bonus, just 3 elevators for 56 condos! Seller is an Alabama licensed Real Estate Agent. Buyer to verify all information during due diligence.

Listing Agent

Mark Tisch

Avast Realty Orange Beach Brokerage Phone: 850-261-3540 Listed on: 08/10/2025

Property Details

Home Type

  • Condominium

Year Built

  • New Construction

Lot Details

  • Property fronts gulf or ocean
  • Landscaped

HOA Fees

  • $2,650 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Home to be built
  • Reinforced Concrete Foundation
  • Stucco

Interior Spaces

  • 3,005 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Tile Flooring
  • Property Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 5 Full Bathrooms
  • Private Water Closet
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Wheelchair Access

Outdoor Features

  • Heated Spa
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater
  • Internet Available
  • Satellite Dish

Community Details

Overview

  • Association fees include management, cable TV, common area insurance, ground maintenance, custodial services, pest control, recreational facilities, taxes-common area, trash, water/sewer, internet, pool
  • 56 Units
  • Community features wheelchair access

Amenities

  • Lobby

Recreation

  • Fitness Center
  • Lazy River
  • Community Indoor Pool
  • Community Spa

Pet Policy

  • Only Owners Allowed Pets

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

New Construction

Lot Details

0

HOA Fees

$2,650 per month

Listing Details

  • Property Type: Residential
  • View: Direct Gulf Front
  • Parcel Number: N/A
  • Year Built: 2026
  • Property Sub-Type: Condominium
  • ResoCommunityFeatures: Common Lobby, Condo 4-Bdrms in Complex, Fitness Center, Internet, Pool - Indoor, Landscaping, Pool - Outdoor, Satellite TV, Wheelchair Accessible, Lazy River
  • Water Body Name: Gulf of Mexico/America
  • ResoSecurityFeatures: Smoke Detector(s), Fire Sprinkler System, Carbon Monoxide Detector(s)
  • Attribution Contact: PHONE: 850-261-3540
  • Co List Office Phone: 850-261-3540
  • Ownership: Condominium
  • MLS Status: Active Under Contract
  • Subdivision Name: Phoenix Key Tower I
  • Reso Accessibility Features: Wheelchair Accessible Property
  • ResoBuildingAreaSource: Builder
  • Carport Y N: No
  • Entry Level: 16
  • Reso Interior Features: Ceiling Fan(s), En-Suite, High Ceilings, Internet
  • Unit Levels: One
  • Living Area: 3005
  • New Construction: Yes
  • Property Attached Yn: Yes
  • ResoPropertyCondition: To be Built
  • Reso Structure Type: Condo
  • Financial Info Electric: Baldwin EMC
  • BK20_LFD_BoatFacilities_4: None
  • Kitchen Level: Main
  • Special Features: 130
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator w/Ice Maker, Washer, Wine Cooler
  • Spa Features: Community, Heated
  • Private Spa: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Tile
  • Stories: 1
  • Room Bedroom4 Area: 216
  • Room Bedroom4 Level: Main
  • Room Bedroom3 Area: 216
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom2 Area: 216
  • Room Bedroom3 Level: Main
  • Master Bedroom Master Bedroom Width: 18
  • Room Bedroom2 Level: Main
  • Master Bedroom Features: Walk-In Closet(s)
  • Room Bedroom5 Level: Main
  • Room Bedroom5 Area: 143
  • Room Kitchen Area: 154
  • Room Master Bedroom Area: 234
  • Master Bathroom Features: Jetted Tub, Separate Shower, Private Water Closet

Exterior Features

  • Waterfront: Yes
  • Pool Features: Community, Association
  • View: Yes
  • Waterfront Features: Gulf Front - Building
  • Disclosures: Seller Lic RE Agt
  • Home Warranty: No
  • Construction Type: Stucco, P-I-P Reinforced Concrete
  • Exterior Features: Condo Balc Grill Allowed
  • Patio And Porch Features: Covered

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered

Utilities

  • Utilities: Water Heater-Tankless
  • Cooling: Central Electric (Cool)
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association Fee: 2650
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Owners Only

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Common Area Insurance, Maintenance Grounds, Custodial Services, Pest Control, Recreational Facilities, Taxes-Common Area, Trash, Water/Sewer, Internet, Pool

Schools

  • Middle Or Junior School: Orange Beach Middle

Lot Info

  • ResoLotSizeUnits: Square Feet

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units In Community: 56

MLS Schools

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

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2025 08/10/25 For Sale $2,799,000 -- $931 / Sq Ft
Source: Baldwin REALTORS®

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Source: Baldwin REALTORS®

MLS Number: 383562

Baldwin REALTORS®