8 months on rocket

24568 Perdido Beach Blvd Unit 408, Orange Beach, AL, 36561

$448,000

Home List Price

$5,320*

Closing Credit

1 Bedroom
2 Full Baths
780 SqFt
$574/SqFt
Condo

Location

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24568 Perdido Beach Blvd Unit 408, Orange Beach$448,000

Buyer Closing Credits

$5,320*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built1999
HeatingElectric
CoolingCeiling Fan(s)
WaterfrontGulf
ViewGulf
MLS #358507
StatusActive

About 24568 Perdido Beach Blvd Unit 408

Discover the potential for impressive rental revenue with Tradewinds Unit 408, your beachfront retreat in Orange Beach, Alabama. Situated in a sought-after location, walkable to restaurants, retail and activities, this condo offers a lucrative opportunity for investors seeking a profitable vacation rental property. This unit has generated $33-37,000 a year with heavy owner usage. Guests will be drawn to the allure of the gorgeous coastal decor, beachfront living, with stunning views of the Gulf Coast right from the comfort of their balcony. The condo complex features refreshing heated outdoor and indoor pools and a convenient grilling area perfect for guests to enjoy during their stay. Additionally, there is a bathroom downstairs in the pool area, so guests have easy access to facilities without having to return to the unit. This unit has recent upgrades, including new interior paint, a new stainless steel refrigerator, a microwave, an upgraded Wi-Fi Sensi thermostat, and a sensor system for the balcony sliding door for energy efficiency. The recent inspection and upgrades to the water heater and plumbing further add to the appeal and functionality of the property. With two full bathrooms and bonus hall bunks, this unit comfortably accommodates six guests. There are two guest closets and an owner's closet in the unit, providing ample storage space. There is a full-size washer and dryer in the unit. As a bonus, the sale includes approximately 20 unused parking passes, offering added value to potential buyers and enhancing the rental experience for guests. The building has undergone full renovations that include new paint on the exterior of the building, new floors, balconies, a roof, a newly paved parking lot and full pool renovations to the indoor and outdoor pools. Don’t miss out on the opportunity to capitalize on the rental potential of Tradewinds Unit 408. Experience the benefits of beachfront investment and schedule a showing today Buyer to verify all informa

Property Details

Property Features

Property Information:

  • Year Built: 1999
  • Stories: 1
  • Living Area: 780 SqFt

Listing Office:

  • Office Name: Goode Realty, LLC
  • Office Phone: (251) 981-2929
  • Listing Agent: Ms.Vicki Griffin

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Ice Maker, Washer
  • Flooring Type: Tile
  • Interior: Ceiling Fan(s), En-Suite, High Ceilings

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf
  • Exterior: None

Parking Information:

  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: Located beach side in Orange Beach across from Fat Daddy's Arcade and Adventure Island.

Price Information

Listing Price Info

Price Summary:

  • List Price: $448,000
  • Price Per SqFt: $574/SqFt

HOA Fees:

  • Amount: $417
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Orange Beach, AL.

Med. Sold Price

$743K

Med. Price/SqFt

$502

Avg. Days On Market

20

# of Sold Homes

65

24568 Perdido Beach Blvd Unit 408 vs Orange Beach

262 DAYS ON ROCKET

+242 Days

$448,000

-$295K Less

$574/SqFt

+$71 More

KEY TAKEAWAY

This property is $295K less than the Median Sold Price and $71/SqFt more than other homes in Orange Beach, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Baldwin County
  • MLS Number: #358507

Listing Office:

  • Office Name: Goode Realty, LLC
  • Office Phone: (251) 981-2929
  • Listing Agent: Ms.Vicki Griffin

IDX Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 2:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,720

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,410

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.

Nearby Schools

school-card-donut-646942
9
/10
  • Gulf Shores Elementary School

  • 1600 E 3rd St

  • 4.49 miles

  • Public District Grades PK-5

school-card-donut-646943
5
/10
  • Swift Elementary School

  • 6330 Bon Secour Hwy

  • 8.20 miles

  • Public District Grades KG-6

school-card-donut-646944
3
/10
  • Florence B. Mathis Elementary School

  • 600 W 9th Ave

  • 9.96 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,000. Most Orange Beach, AL residents have annual incomes between $35k-100k. Most families are 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 24568 Perdido Beach Blvd Unit 408

What is the listing price of this property?

The listing price of 24568 Perdido Beach Blvd Unit 408 property is $448,000.

What type of property is this?

The property 24568 Perdido Beach Blvd Unit 408 is a condo located in Orange Beach, Alabama, 36561.

Is this property for sale now?

Active Listing: 24568 Perdido Beach Blvd Unit 408 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 24568 Perdido Beach Blvd Unit 408 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 24568 Perdido Beach Blvd Unit 408 is 780 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 24568 Perdido Beach Blvd Unit 408 is 1999.

Rocket Homes›Alabama›Baldwin County›Orange Beach›36561›24568 Perdido Beach Blvd Unit 408

This home is located at 24568 Perdido Beach Blvd Unit 408 in Orange Beach, AL and zip code 36561. This 780 square foot home was built in 1999. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since February 29, 2024 and is currently priced at $448,000.

While more than 3 listings in Orange Beach, AL in October 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 56 were sold below. Between September 2024 and October 2024, Orange Beach, AL real estate market has seen increase in the number of listings by 8%. The median list price of listings available in October 2024 was $743,041, while the average time on the real estate market was 20 days.

From Rocket Homes Real Estate and based on county public records data.

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