See all 38 photos

$5,000,000

Est. payment - /mo

Save

7 BD

7 BA

4,158 SqFt

Pending

23708 Perdido Beach Boulevard Orange Beach, AL 36561

Save

In-PersonVirtual Tour

Rika Edge

rikaedge@epique.me +1(850) 292-9327

UPDATED:

10/28/2024 05:59 PM

Key Details

Property Type Single Family Home

Sub Type Contemporary

Listing Status Pending

Purchase Type For Sale

Square Footage 4,158 sqft

Price per Sqft $1,202

MLS Listing ID 365383

Style Contemporary

Bedrooms 7

Full Baths 7

Construction Status Resale

Year Built 2021

Annual Tax Amount $14,875

Property Description

Stunning 7-Bedroom Beachfront Retreat with Private Pool. Outstanding Rental Revenue. Handicap accessible w/ elevator to every floor. Discover the epitome of luxury living in this magnificent 7-bedroom home, accommodating up to 18 guests. Custom-designed interiors and exquisite furnishings create an ambiance of elegance and comfort. Sold fully furnished, this property offers a seamless transition for new owners.Key Features: • Beachfront Paradise: Wake up to the soothing sound of waves and step directly onto the sandy shores. Your private beach awaits! • Handicap Accessible with Elevator • Private Pool: Lounge by the pool, basking in the sun or enjoying a refreshing swim. • Exceptional Rental Revenue: This home has intentionally maintained a strict pricing threshold and kept occupancy low to limit wear and tear and maintain quality. However, the rental revenue has been exceptional on the limited use. • Proven Performance: Since its May 2022 debut, this home has grossed over $1.1 million in revenue. In 2023, even on minimal occupancy, it generated $356,681.15. Bookings for 2024 are already at an impressive $294,570. The total occupancy rate since May of 2022 has been 39.5%, but this home has been able to achieve an average daily rate of over 2,400 dollars a night since onboarding in May of 2022. • Modern & Unique: Architecturally striking, this upscale home stands out as a one-of-a-kind gem. • Rare Location & Built-In Appreciation: This home is beachfront and condos cannot build near its location. That means this land and home will continue to appreciate due to it being in a very rare position on Perdido Beach BLVD. • Management: The current management company, Unwind Luxury Vacations, agrees to continue management at a most competitive price. They have outperformed the market by more than double when directly compared across other management companies with similar homes. Please request more information. Don't miss this deal! This is an equitable inter

Location

State AL

County Baldwin

Area Orange Beach 1

Interior

Interior Features Bunk Room, Ceiling Fan(s), Elevator, En-Suite, High Ceilings

Heating Electric

Flooring Tile, Vinyl, Wood

Fireplace Yes

Appliance Cooktop, Dishwasher, Dryer, Microwave, Gas Range, Refrigerator w/Ice Maker, Washer

Exterior

Garage Attached

Fence Fenced

Pool In Ground

Community Features None

Utilities Available See Remarks, Cable Connected

Waterfront Yes

Waterfront Description Gulf Front - Building

View Y/N Yes

View Direct Gulf Front

Roof Type Composition

Parking Type Attached

Garage No

Building

Lot Description Less than 1 acre, No Trees, Waterfront

Foundation Slab

Architectural Style Contemporary

New Construction No

Construction Status Resale

Schools

Elementary Schools Orange Beach Elementary

Middle Schools Gulf Shores Middle

High Schools Gulf Shores High

Others

Ownership Whole/Full

Acceptable Financing Corporate Owned

Listing Terms Corporate Owned

Listed by Real Broker, LLC

GET MORE INFORMATION

Rika Edge

Agent | License ID: 3576477

+1(850) 292-9327

Rika Edge

23708 Perdido Beach Boulevard Orange Beach, AL 36561

Rika Edge

Key Details

Location

Interior

Exterior

Building

Schools

Others

GET MORE INFORMATION

Go tour this home

23708 Perdido Beach Boulevard