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