$2,725,000

29040 Perdido Beach Blvd Unit 24B2 Orange Beach, AL 36561

Estimated payment $19,766/month

5 Beds
5 Baths
3,005 Sq Ft
$907 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Lazy River
  • Gated with Attendant
  • Property fronts gulf or ocean
  • Fitness Center
  • New Construction

About This Home

Phoenix Key in Orange Beach is the newest luxury Gulf-front development from Brett/Robinson to be completed in 2026. This exclusive 56-unit tower is topped out and approximately 12 months from completion, offering an exceptional opportunity to own in one of the most anticipated projects on the Alabama Gulf Coast. At only ~$900 a SQFT with resales already hitting $1,000 a SQFT, Unit 24B2 will feature high-end designer finishes, floor-to-ceiling glass, and an expansive balcony complete with an electric grill and a private hot tub overlooking the Gulf of Mexico. Projected rental income is approximately $200,000 annually, and owners will enjoy a reduced 5% management fee for the first two years through Brett/Robinson’s rental program. Phoenix Key combines the comfort of luxury coastal design with proven rental management performance and premium amenities including indoor and outdoor pools, a fitness center, owner storage, and secured covered parking. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract. Buyer/buyers agent to verify all information during due diligence. Buyer to verify all information during due diligence. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title.

Listing Agent

Michael Nehls

Brett R/E Robinson Dev OB Brokerage Phone: 251-981-6180 Listed on: 11/20/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • New Construction

Lot Details

  • Property fronts gulf or ocean
  • Landscaped

HOA Fees

  • $2,650 Monthly HOA Fees

Parking

  • Covered Parking

Home Design

  • Property Attached
  • Entry on the 24th floor
  • Reinforced Concrete Foundation

Interior Spaces

  • 3,005 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Storage
  • Property Views

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Termite Clearance

Outdoor Features

  • Heated Spa
  • Deeded Waterfront Access Rights
  • Outdoor Storage
  • Outdoor Gas Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • Internet Available

Community Details

Overview

  • Association fees include management, cable TV, common area insurance, ground maintenance, custodial services, electricity, pest control, recreational facilities, reserve funds, security, telephone, trash, water/sewer, internet, pool, gas
  • 56 Units

Amenities

  • Meeting Room

Recreation

  • Fitness Center
  • Lazy River
  • Community Indoor Pool
  • Community Spa
  • Children's Pool

Pet Policy

  • Only Owners Allowed Pets

Security

  • Gated with Attendant
  • Fenced around community

Property Details

Home Type

Multi-Family

Year Built

New Construction

Lot Details

0

HOA Fees

$2,650 per month

Listing Details

  • Property Type: Residential
  • View: Direct Gulf Front
  • Parcel Number: 00000
  • Year Built: 2026
  • Property Sub-Type: Pre-Construction
  • ResoCommunityFeatures: Fitness Center, Fencing, Internet, Pool - Indoor, Pool - Kiddie, Landscaping, Meeting Room, Pool - Outdoor, Gated, Water Access-Deeded, Lazy River
  • ResoLotFeatures: 1-3 acres
  • Water Body Name: Gulf of Mexico/America
  • ResoSecurityFeatures: Smoke Detector(s), Fire Sprinkler System, Gated with Guard
  • Attribution Contact: Main: 251-981-6180
  • Co List Office Phone: 251-981-6180
  • Ownership: Condominium
  • MLS Status: Active New Construction
  • Subdivision Name: Phoenix Key Tower I
  • ResoBuildingAreaSource: Builder
  • Carport Y N: No
  • Entry Level: 24
  • Reso Interior Features: Internet, Storage, Wet Bar
  • Unit Levels: One
  • Living Area: 3005
  • New Construction: Yes
  • Property Attached Yn: Yes
  • ResoPropertyCondition: New Construction, Pre-Construction
  • Financial Info Electric: Baldwin EMC
  • BK20_LFD_BoatFacilities_4: None
  • Kitchen Level: Main
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator w/Ice Maker, Washer, Wine Cooler, Cooktop
  • Spa Features: Community, Heated
  • Private Spa: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Luxury Vinyl Plank
  • Stories: 1
  • Room Bedroom4 Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Room Bedroom2 Level: Main
  • Room Bedroom5 Level: Main

Exterior Features

  • Roof: See Remarks
  • Waterfront: Yes
  • Pool Features: Community, Association
  • View: Yes
  • Waterfront Features: Gulf Front - Building
  • Home Warranty: No
  • Construction Type: Other-See Remarks, P-I-P Reinforced Concrete
  • Exterior Features: Storage, Termite Contract, Gas Grill

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered

Utilities

  • Cooling: Central Electric (Cool)
  • Cooling Y N: Yes
  • Heating: Central
  • 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, Electricity, Pest Control, Recreational Facilities, Reserve Funds, Security, Telephone, Trash, Water/Sewer, Internet, Pool, Gas

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

Range of Values:

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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 List to Sale Price per Sq Ft
11/20/2025 11/20/25 For Sale $2,725,000 -- $907 / Sq Ft
Source: Baldwin REALTORS®

About the Listing Agent

Michael Nehls

Brett R/E Robinson Dev OB

(251) 313-4402

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Source: Baldwin REALTORS®

MLS Number: 388328

Baldwin REALTORS®