24568 Perdido Beach Boulevard #408 Active

Orange Beach,AL 36561

$ 448000

1 Bed

2 Baths

780 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 780 sqft

Price per Sqft $574

Subdivision Tradewinds

MLS Listing ID 358507

Bedrooms 1

Full Baths 2

HOA Fees $417/mo

Year Built 1999

Annual Tax Amount $1,772

Property Description

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

Location

State AL

County Baldwin

Area Orange Beach 1

Interior

Heating Electric

Flooring Tile

Exterior

Parking Features Parking Lot

Pool Community,Association

Community Features BBQ Area,Condo 1-Bdrms in Complex,Condo 2-Bdrms in Complex,Condo 3-Bdrms in Complex,Fencing,Pool - Indoor,Pool - Kiddie,Landscaping,Pool - Outdoor

Waterfront Description Gulf Front - Building

View Y/N Yes

View Indirect Gulf Side

Building

Story 1

Water Orange Beach Water Auth

New Construction No

Schools

Elementary Schools Orange Beach Elementary

Middle Schools Orange Beach Middle

High Schools Orange Beach High

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