$2,830,000
$105K PRICE INCREASE

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

Orange Beach Area

Estimated payment $21,020/month

Total Views 52,001
5 Beds
5 Baths
3,005 Sq Ft
$942 Price per Sq Ft

Highlights

  • Popular Property
  • Property fronts gulf or ocean
  • Gated Community
  • Orange Beach Elementary School Rated A
  • Lazy River
  • Meeting Room

About This Home

Phoenix Key in Orange Beach is Brett/Robinson’s newest luxury Gulf-front development and one of the most compelling pre-construction opportunities on the Alabama Gulf Coast, with completion scheduled for the end of 2026. This exclusive 56-unit tower is topped out and now in the final phase before delivery, creating a rare opportunity to secure current pricing ahead of completion. Unit 24B2 is currently priced at $2,830,000, approximately $942 per square foot, while comparable luxury resales in the market are now exceeding $1,100+ per square foot, creating a pricing advantage relative to today’s market. With similar product projected to trade north of $3 million upon completion, buyers have the opportunity to secure built-in equity at today’s pricing while positioning for additional upside as the project nears delivery. Designed for both luxury and income performance, this 5-bedroom, 5-bath residence spans 3,005 square feet and features high-end designer finishes, floor-to-ceiling glass, and an oversized Gulf-front balcony complete with an electric grill and private hot tub. Phoenix Key offers a low-density ownership experience with premium amenities including indoor and outdoor pools, a fitness center, owner storage, and secured covered parking. For investors, projected gross rental income is approximately $200,000 annually, paired with a reduced 5% management fee for the first two years through Brett/Robinson’s rental program. With construction entering the home stretch and pricing expected to continue rising, this is an opportunity to secure a premium Gulf-front asset below current comparable pricing and benefit from the final phase of appreciation before delivery. This is an equitable interest listing where seller is selling only an option contract. Buyer/Buyers agent to verify all information during due diligence. Buyer to verify all information during due diligence.

Listing Agent

Michael Nehls

Brett R/E Robinson Dev OB Brokerage Phone: 251-981-6180 License #162989-1 Listed on: 07/02/2026

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2026

Lot Details

  • Property fronts gulf or ocean
  • Landscaped

HOA Fees

  • $2,650 Monthly HOA Fees

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

Outdoor Features

  • Outdoor Storage

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Internet Available

Community Details

Overview

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

Amenities

  • Meeting Room

Recreation

  • Lazy River

Security

  • Fenced around community
  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2026

Lot Details

0 Sq Ft Lot

HOA Fees

$2,650 per month

Listing Details

  • Property Type: Residential
  • View: Direct Gulf Front
  • Parcel Number: 00000
  • Year Built: 2026
  • Property Sub-Type: Residential Attached
  • ResoCommunityFeatures: Gated, Fencing, Internet, Lazy River, Landscaping, Spa Hot Tub, Meeting Room, Exercise Room, Guard At Gate, Pets Owners Only, Water Access Deeded, Fire Sprinkler System
  • Water Body Name: Gulf Of Mexico / America
  • Attribution Contact: Main: 251-981-6180
  • Co List Office Phone: 251-981-6180
  • MLS Status: Active
  • Subdivision Name: Phoenix Key Tower I
  • Architectural Style: Condo
  • Reso Interior Features: Wet Bar, Internet, Storage, Termite Contract
  • Living Area: 3005
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dryer, Washer, Cooktop, Disposal, Gas Range, Ice Maker, Microwave, Dishwasher, Double Oven, Wine Cooler, Plumbed For Ice Maker, Smoke Detector
  • Spa Features: Outdoor Hot Tub
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Luxury Vinyl Plank
  • Stories: 1
  • Stories: 26

Exterior Features

  • Roof: Other/See Remarks
  • View: Yes
  • Waterfront Features: Gulf Front Building
  • Home Warranty: No
  • Exterior Features: Storage, Built In Gas Grill

Garage/Parking

  • Parking Features: Condo Covered Parking, Electric Vehicle Charging Station(s)

Utilities

  • Utilities: Baldwin EMC
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association Fee: 2650
  • Association Fee Frequency: Monthly
  • Phone: 251-948-1949
  • Association: Yes

Fee Information

  • Association Fee Includes: Gas, Pool, Trash, Cable TV, Internet, Security, Electricity, Pest Control, Recreation Facilities, Telephone, Water Sewer, Reserve Funds, Custodial Services, Common Area Insurance, Association Management, Common Area Maintenance

Schools

  • Middle Or Junior School: Orange Beach Middle

Green Features

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 56

Tax Info

MLS Schools

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

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/02/2026 07/02/26 Price Changed $2,830,000 +3.9% $942 / 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

Section Image

As a 30-year local resident, I know the area inside and out—from hidden gems to the neighborhoods and communities that make our coast such a special place to live and invest. My wife, Taylor, and our two children, Bash and Blakely, are the center of my life and keep me deeply connected to the community I proudly serve. I specialize in investment properties, second homes, pre-construction sales, and strategic marketing and sales. Whether you're purchasing a vacation home, securing a

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Source: Baldwin REALTORS®

MLS Number: 388328

Baldwin REALTORS®
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