Experience Beachfront living at Romar Place in Orange Beach. ****Seller is offering 2% of the purchase price to go towards a rate buydown/closing costs . *** This delightful 3-bedroom, 2-bathroom condo not only offers breathtaking views but also creates a cozy and welcoming ambiance, reminiscent of a true coastal retreat. Situated in the heart of Orange Beach, this condo provides upscale amenities including Gulf-front pools, hot tubs, and fitness facilities, striking the perfect balance between luxury and comfort. Whether you're enjoying your morning coffee on the balcony or taking in a beautiful Gulf sunset, every moment spent here exudes relaxation and beauty.Aside from basking in the sun & taking leisurely strolls along the shore, you could also capitalize on this property's exceptional rental potential. Transform your investment with rental projections ranging from $55,000 to $75,000/year. Don't miss the chance to own your own piece of paradise on the stunning Gulf Coast at Romar Place. Reserve your private tour today! Buyer to verify all information during due diligence.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,546
Per Month
Principal & Interest
$3,779
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$700
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,336
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
9
/10
Gulf Shores Elementary School
1600 E 3rd St
Distance between this listing and this school3.98 miles
Public District Grades PK-5
5
/10
Swift Elementary School
6330 Bon Secour Hwy
Distance between this listing and this school7.80 miles
Public District Grades KG-6
3
/10
Florence B. Mathis Elementary School
600 W 9th Ave
Distance between this listing and this school9.83 miles
Public District Grades KG-6
Nearby Schools
9
/10
Gulf Shores Middle School
450 E 15th Ave
Distance between this listing and this school3.91 miles
Public District Grades 6-8
3
/10
Foley Middle School
200 N Oak St
Distance between this listing and this school11.01 miles
Public District Grades 7-8
2
/10
Jim C. Bailey Middle School
4110 Bauer Rd
Distance between this listing and this school13.80 miles
Public District Grades 6-8
Nearby Schools
6
/10
Foley High School
1 Pride Pl
Distance between this listing and this school9.44 miles
Public District Grades 9-12
6
/10
Elberta High School
13355 Main St
Distance between this listing and this school10.97 miles
Public District Grades 9-12
6
/10
Robertsdale High School
21630 State Highway 59 S
Distance between this listing and this school20.05 miles
The neighbors living near this home have an average income of $72,000. The majority of Orange Beach, AL residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Orange Beach, AL
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Orange Beach, AL?
Orange Beach's housing market is diverse, offering a mix of residential options that cater to a range of preferences. The area is known for its waterfront properties, with a significant number of condominiums that provide scenic views of the Gulf of Mexico. Single-family homes are also prevalent, featuring styles from Mediterranean to contemporary beachfront designs. The market is competitive, with a homeownership rate that reflects a community invested in both year-round living and vacation properties.
Is Orange Beach, AL a good place to live?
Orange Beach is celebrated for its laid-back coastal lifestyle and strong sense of community. The city prides itself on its pristine beaches, abundant wildlife, and outdoor recreational activities, including fishing, boating, and watersports. Annual events like the Orange Beach Seafood Festival and Car Show highlight the local culture and bring residents together in celebration of the city's coastal heritage.
Are things conveniently located in Orange Beach, AL?
The community is served by a number of essential services, including public schools that cater to all age groups, healthcare facilities equipped with urgent care and primary care services, and a public library that serves as a hub of learning and community engagement. Retail and dining options abound, offering both local seafood specialties and a variety of international cuisines, reflecting the diverse tastes of residents and visitors alike.
What does the transportation in Orange Beach, AL look like?
Transportation in Orange Beach is facilitated by a network of well-maintained roads and bridges, connecting residents to nearby cities and attractions. Public transit options include a trolley service that operates on a seasonal schedule, providing convenient access to popular destinations. The city is also bike-friendly, with several trails and bike lanes encouraging outdoor activities. Ride-sharing services are readily available, offering an alternative mode of transportation for both locals and tourists.
Frequently Asked Questions About 24038 Perdido Beach Blvd Unit 1105
What is the listing price of this property?
The listing price of 24038 Perdido Beach Blvd Unit 1105 property is $757,000.
What type of property is this?
The property 24038 Perdido Beach Blvd Unit 1105 is a condo located in Orange Beach, Alabama, 36561.
Is this property for sale now?
Active Listing: 24038 Perdido Beach Blvd Unit 1105 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 24038 Perdido Beach Blvd Unit 1105 has 3 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 24038 Perdido Beach Blvd Unit 1105 is 1,250 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 24038 Perdido Beach Blvd Unit 1105 is 1995.
This home is located at 24038 Perdido Beach Blvd Unit 1105 in Orange Beach, AL and zip code 36561. This 1,250 square foot home was built in 1995. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $757,000.
Over 3 listings were sold over their listed price in October 2024 in Orange Beach, AL. In the same period over 56 listings were sold below the listed price and 4 listings were sold for the listed price. Between September 2024 and October 2024, Orange Beach, AL real estate market has seen increase in the number of listings by 8%. While the average time on the market in October 2024 was 20 days, the median list price was $743,041.
From Rocket Homes Real Estate and based on county public records data.