$5,000,000
$5,000,000
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23708 Perdido Beach Boulevard Orange Beach, AL 36561
7 Beds
7 Baths
4,158 SqFt
Key Details
Sold Price $5,000,000
Property Type Single Family Home
Sub Type Residential Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 4,158 sqft
Price per Sqft $1,202
MLS Listing ID 365383
Sold Date 11/08/24
Style Contemporary
Bedrooms 7
Full Baths 7
Construction Status Resale
HOA Y/N No
Rental Info Unknown
Year Built 2021
Property Sub-Type Residential Detached
Source Baldwin County
Property Description
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! This is an equitable inter
Location
State AL
County Baldwin
Interior
Interior Features En Suite, Bunk Room, Ceiling Fan(s), High Ceilings, Private Elevator, Handicap Accessible
Heating Electric
Flooring Tile, Wood, Vinyl
Fireplace No
Appliance Dryer, Washer, Cooktop, Gas Range, Microwave, Dishwasher, Plumbed For Ice Maker, Smoke Detector
Heat Source Electric
Exterior
Parking Features Attached
Fence Fenced
Pool Private, In Ground
Community Features None
Utilities Available Other/See Remarks, Cable
Waterfront Description Gulf Front Building
View Y/N Yes
View Direct Gulf Front
Roof Type Composition Shingle
Porch Rear Porch, Covered Patio
Building
Lot Description Waterfront, No Trees, Water View, Less Than 1 Acre
Architectural Style Contemporary
Construction Status Resale
Schools
Elementary Schools Orange Beach Elementary
Middle Schools Gulf Shores Middle
High Schools Gulf Shores High
Others
Financing Cash
Special Listing Condition Corporate Owned
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