Viewing Listing MLS# 392419437

$5,000,000 | 7 beds | 7 full baths | N/A half baths | N/A sqft

$5,000,000 Reduced -$100,000
23708 Perdido Beach Boulevard
Orange Beach, AL 36561
  • 7Beds
  • 7Full Baths
  • N/AHalf Baths
  • N/A SqFt
  • 2021Year Built
  • 0.00Acres
  • MLS# 392419437
  • Residential
  • Single Family Residence
  • Active

  • Approx Time on Market2 months, 9 days
  • AreaN/A
  • CountyBaldwin - AL
  • Subdivision Na

Overview

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!



Association Fees / Info

Hoa:  No

Community Features:  None

Bathroom Info

Main Bathroom Level:  1

Total Baths:  7.00

Fullbaths:  7

Room Bedroom Features:  Double Master Bedroom

Bedroom Info

Beds:  7

Building Info

Habitable Residence:  No

Business Info

Equipment:  None

Exterior Features

Fence:  Back Yard, Fenced

Patio and Porch:  Covered, Deck, Patio, Rear Porch

Exterior Features:  Balcony, Lighting

Road Surface Type:  Asphalt

Pool Private:  Yes

County:  Baldwin - AL

Acres:  0.00

Pool Desc:  In Ground, Private

Fees / Restrictions

Financial

Original Price:  $5,200,000

Owner Financing:  No

Garage / Parking

Parking Features:  Carport, Covered

Green / Env Info

Green Energy Generation:  None

Handicap

Accessibility Features:  Accessible Elevator Installed

Interior Features

Security Ftr:  Smoke Detector(s)

Fireplace Features:  None

Levels:  Three Or More

Appliances:  Dishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator, Washer

Laundry Features:  In Hall, Laundry Closet, Main Level, Upper Level

Interior Features:  Bookcases, Double Vanity, Elevator, Entrance Foyer, High Speed Internet, Walk-In Closet(s), Wet Bar

Flooring:  Ceramic Tile, Wood

Spa Features:  Private

Lot Info

Lot Size Source:  Not Available

Lot Features:  Back Yard, Cleared

Lot Size:  99 x 675

Misc

Property Attached:  No

Home Warranty:  No

Open House

Other

Other Structures:  None

Property Info

Construction Materials:  Concrete, Stucco

Year Built:  2,021

Property Condition:  Resale

Roof:  Metal

Property Type:  Residential Detached

Style:  Beach House

Rental Info

Land Lease:  No

Room Info

Kitchen Features:  Breakfast Bar, Cabinets White, Kitchen Island, Stone Counters, View to Family Room

Room Master Bathroom Features:  Shower Only

Room Dining Room Features:  Open Concept

Special Features

Green Features:  None

Special Listing Conditions:  None

Special Circumstances:  None

Sqft Info

Building Area Total:  4122

Building Area Source:  Appraiser

Tax Info

Tax Amount Annual:  21927

Tax Year:  2,022

Tax Parcel Letter:  66-06-13-4-001-012.000-90

Unit Info

Utilities / Hvac

Cool System:  Ceiling Fan(s), Central Air

Electric:  110 Volts

Heating:  Central

Utilities:  Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

Sewer:  Public Sewer

Waterfront / Water

Water Body Name:  None

Water Source:  Public

Waterfront Features:  Beach Front

Schools

Elem:  Orange Beach

Middle:  Gulf Shores

High:  Gulf Shores

Directions

Head East on Perdido Beach Blvd, property will be on the left

Listing Provided courtesy of Real Broker, Llc. 

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Information was last updated: 09-20-2024 10:09 AM EST est.

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Price & Status History (on sharondoverrealestate.com since Wed, Jul 10th 2024)
  • Original Price: $5,200,000
  • Current Price: $5,000,000
  • Price Reduced: $200,000
Date ChangedFromTo
09/12/2024$5,100,000 $5,000,000 Reduced by $100,000
08/26/2024$5,200,000 $5,100,000 Reduced by $100,000