2 months on rocket

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

$468,000

Home List Price

$5,558*

Closing Credit

1 Bedroom
2 Full Baths
780 SqFt
$600/SqFt
Condo
Schools Nearby

Location

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24568 Perdido Beach Blvd Unit 408, Orange Beach$468,000

Buyer Closing Credits

$5,558*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built1999
HeatingElectric
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

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

School Info

Assigned Schools Information:

  • Gulf Shores High School, Public District Grades 9-12
  • Gulf Shores Middle School, Public District Grades 7-8
  • Orange Beach Elementary School, Public District Grades KG-6

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: $468,000
  • Price Per SqFt: $600/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.

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Orange Beach, AL

City

Med. Sold Price

$724.1K

Med. Price/SqFt

$513

# of Sold Homes

73

24568 Perdido Beach Blvd Unit 408 vs Orange Beach

66 DAYS ON ROCKET

$468,000

-$256.1K Less

$600/SqFt

+$86 More

KEY TAKEAWAY

This property is $256.1K less than the Median Sold Price and $86/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: 5/5/2024, 7:20:36 PM 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

$2,820

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,470

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.

Elementary School

school-card-donut-6653315
9
/10

  • Orange Beach Elementary School

  • 4900 S Wilson Blvd

  • 3.63 miles

  • Public District Grades KG-6

Middle School

school-card-donut-6653316
10
/10

  • Gulf Shores Middle School

  • 450 E 15th Ave

  • 4.45 miles

  • Public District Grades 7-8

High School

school-card-donut-6653317
2
/10

  • Gulf Shores High School

  • 600 East 15th Ave

  • 4.19 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,000. Residents of Orange Beach, AL typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

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 $468,000.

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.

What are the assigned schools for this property?

The assigned schools for 24568 Perdido Beach Blvd Unit 408 are:
Orange Beach Elementary School: GreatSchools Rating 9/10
Gulf Shores Middle School: GreatSchools Rating 10/10
Gulf Shores High School: GreatSchools Rating 2/10

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 $468,000.

In April 2024 more than 2 listings in Orange Beach, AL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 62 were sold below. The inventory of homes for sale in Orange Beach, AL between March 2024 and April 2024 increased by 11.8%.

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

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