5 months on rocket

4851 Wharf Pkwy Unit 523, Orange Beach, AL, 36561

$578,000

Home List Price

$6,864*

Closing Credit

2 Bedrooms
2 Full Baths
1,278 SqFt
$452/SqFt
Condo
Schools Nearby

Location

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4851 Wharf Pkwy Unit 523, Orange Beach$578,000

Buyer Closing Credits

$6,864*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Deeded
Year Built2007
HeatingCentral
CoolingCentral Air
WaterfrontIntracoastal Waterway
ViewIntracoastal Waterway
MLS #354552
StatusActive

About 4851 Wharf Pkwy Unit 523

Centrally located to all the action, the Wharf is the perfect place to be! From the beautiful 5th floor views of the Wharf marina to the spacious layout, this unit will NOT disappoint! Just take the elevators down to the first floor and everything you can want is just footsteps away! From shopping, spectacular restaurants, entertainment, concerts, nightlife with live music, activities for families, and the AMC movie theater! Let's not forget the Oasis...take the trolley down to hang out at the lazy river, wave pool, kid slides, beach volleyball court, cabana food/drink, and more! Located only minutes away from the beach and major local attractions such as OWA theme park/Tropic Falls indoor waterpark, the Alabama Gulf Coast Zoo, and more! This complex is prime location to the best the Alabama Gulf Coast has to offer! The Wharf condos set themselves apart, with all the luxurious upgrades and amenities. Let's not forget the square footage is much larger compared to most! You cannot go wrong when you invest at the Wharf! This 2 bedroom unit features a large primary king bedroom with en-suite bathroom with large jacuzzi tub and walk-in shower! Enjoy the large living space with sleeper couch to sleep 2 additional guests. The 2nd bedroom features 2 queen beds with en-suite bathroom. With the capacity to sleep 8, this unit can produce INCREDIBLE RENTALS!! Rental projections can produce between $38,000-$42,000+ annually in rental income. Current contract with Management Company requires 30 day cancellation notice. Investors and 2nd home owners' dream to enjoy the upscale furniture, spacious rooms, and comfort this unit has to offer! Schedule your showing today!

Property Details

Property Features

Property Information:

  • Year Built: 2007
  • Stories: 1
  • Living Area: 1,278 SqFt

Listing Office:

  • Office Name: RE/MAX of Orange Beach
  • Office Phone: (985) 691-7133
  • Listing Agent: Thomas Bruce

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Ice Maker, Washer/Dryer Stacked, Wine Cooler, Cooktop, Electric Water Heater
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Ceiling Fan(s), Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Intracoastal Waterway
  • View: Intracoastal Waterway
  • Exterior: Outdoor Shower, Slip

Parking Information:

  • Parking: Assigned, Deeded

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

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: From the Baldwin Beach Express, travel to Orange Beach on the Foley Beach Expressway. The Wharf is located just east of the bridge along the intracoastal canal.

Price Information

Listing Price Info

Price Summary:

  • List Price: $578,000
  • Price Per SqFt: $452/SqFt

HOA Fees:

  • Amount: $754
  • 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

4851 Wharf Pkwy Unit 523 vs Orange Beach

165 DAYS ON ROCKET

$578,000

-$146.1K Less

$452/SqFt

-$62 Less

KEY TAKEAWAY

This property is $146.1K less than the Median Sold Price and $62/SqFt less 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: #354552

Listing Office:

  • Office Name: RE/MAX of Orange Beach
  • Office Phone: (985) 691-7133
  • Listing Agent: Thomas Bruce

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: 5/3/2024, 10:20:39 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

$3,706

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,799

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-5604359
9
/10

  • Orange Beach Elementary School

  • 4900 S Wilson Blvd

  • 4.25 miles

  • Public District Grades KG-6

Middle School

school-card-donut-5604360
10
/10

  • Gulf Shores Middle School

  • 450 E 15th Ave

  • 3.50 miles

  • Public District Grades 7-8

High School

school-card-donut-5604361
2
/10

  • Gulf Shores High School

  • 600 East 15th Ave

  • 3.30 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 $61,465. The most common annual income of people living in Orange Beach, AL is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4851 Wharf Pkwy Unit 523

What is the listing price of this property?

The listing price of 4851 Wharf Pkwy Unit 523 property is $578,000.

What type of property is this?

The property 4851 Wharf Pkwy Unit 523 is a condo located in Orange Beach, Alabama, 36561.

Is this property for sale now?

Active Listing: 4851 Wharf Pkwy Unit 523 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4851 Wharf Pkwy Unit 523 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 4851 Wharf Pkwy Unit 523 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 4851 Wharf Pkwy Unit 523 is 1,278 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4851 Wharf Pkwy Unit 523 is 2007.

Rocket Homes›Alabama›Baldwin County›Orange Beach›36561›4851 Wharf Pkwy Unit 523

This home is located at 4851 Wharf Pkwy Unit 523 in Orange Beach, AL and zip code 36561. This 1,278 square foot home was built in 2007. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 20, 2023 and is currently priced at $578,000.

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 number of listings in Orange Beach, AL increased by 11.8% between March 2024 and April 2024.

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

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