23708 Perdido Beach Boulevard, Orange Beach, AL 36561
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23708 Perdido Beach Boulevard, Orange Beach, AL 36561
23708 Perdido Beach Boulevard, Orange Beach, AL 36561
23708 Perdido Beach Boulevard, Orange Beach, AL 36561
23708 Perdido Beach Boulevard, Orange Beach, AL 36561

$5,000,000

Est. payment /mo

$5,000,000

Est.Price: ?

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23708 Perdido Beach Boulevard Orange Beach, AL 36561

7 Beds

7 Baths

4,158 SqFt

SOLD DATE : 11/08/2024

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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Listed by Real Broker, LLC
Bought with RE/MAX Paradise

Nearby Locations

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