Sold

Closed

23708 Perdido Beach Boulevard

Orange Beach AL, 36561

$5,000,000


$1,202.50 per sqft

Sold

Closed

7 Beds

7 Baths

4,158 sqft

Residential

Built in 2021

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

365383

MLS ID

July 20, 2024

Listed

November 22, 2024

Updated

Map

23708 Perdido Beach Boulevard
Orange Beach AL, 36561

Interior Features

Total Stories

3


Bedrooms

7


Total Bathrooms

7


Full Bathrooms

7


Interior Features

Ceiling Fan(s), Elevator, High Ceilings


Appliances

Dishwasher, Dryer, Microwave, Gas Range, Washer, Cooktop


Floor Description

Tile, Vinyl, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s)


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Features

Waterfront


Architectual Style

Contemporary


Roof

Composition

School Information

High School

Gulf Shores High


Elementary School

Orange Beach Elementary

Other Property Details

Taxes

$14,876


Tax Frequency

Annually


Garage

No


Parking

Attached


View

Yes


County

Baldwin


Pool

Yes


Pool Features

In Ground, Private


Waterfront

Yes

Listing History

Date

Event

Price

11/11/2024

Sold

$5,000,000

10/24/2024

Pending

9/12/2024

Price change

$5,000,000

-2%

8/26/2024

Price change

$5,100,000

-2%

Courtesy of Real Broker, LLC, Ana Bridges

Listing Contact: 5019445460 

The data relating to real estate for sale on this web site comes in part from the Baldwin County Association of REALTORS.  Real estate listings held by brokerage firms other than Kristina Halfacre are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kristina Halfacre shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data on this page was last updated on 11/22/2024.

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