Listed price in listed location currency (USD).
$2,830,000

550

MLS® 388328

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Condominium
Levels Residential
Size 3005 sqft
Garage 
HOA Fees $2,650
Taxes 
Days Active 239
Approx. Age 2026
Avg. Price Per Sqft $941
MLS® Number 388328

Property Address: 24b2-29040 Perdido Beach Blvd, Orange Beach, AL, 36561

Average square foot calculated using Size range provided by listing agent.

Description

Phoenix Key in Orange Beach is Brett/Robinson’s newest luxury Gulf-front development and one of the most compelling pre-construction opportunities on the Alabama Gulf Coast, with completion scheduled for the end of 2026. This exclusive 56-unit tower is topped out and now in the final phase before delivery, creating a rare opportunity to secure current pricing ahead of completion. Unit 24B2 is currently priced at $2, 830, 000 — approximately $942 per square foot — while comparable luxury resales in the market are now exceeding $1, 000+ per square foot, creating a pricing advantage relative to today’s market. With similar product projected to trade north of $3 million upon completion, buyers have the opportunity to secure built-in equity at today’s pricing while positioning for additional upside as the project nears delivery. Designed for both luxury and income performance, this 5-bedroom, 5-bath residence spans 3, 005 square feet and features high-end designer finishes, floor-to-ceiling glass, and an oversized Gulf-front balcony complete with an electric grill and private hot tub. Phoenix Key offers a low-density ownership experience with premium amenities including indoor and outdoor pools, a fitness center, owner storage, and secured covered parking. For investors, projected gross rental income is approximately $200, 000 annually, paired with a reduced 5% management fee for the first two years through Brett/Robinson’s rental program. With construction entering the home stretch and pricing expected to continue rising, this is an opportunity to secure a premium Gulf-front asset below current comparable pricing and benefit from the final phase of appreciation before delivery. This is an equitable interest listing where seller is selling only an option contract. Buyer and buyer’s agent to verify all information during due diligence. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchas
MLS® Number388328
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age2026
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral
A/CCentral Electric (Cool)

Extras

Rooms

Bedroom 4:Main Floor17.5 × 12.5 ft
Bedroom 2:Main Floor18 × 12 ft
Bedroom 3:Main Floor17.5 × 12 ft
Bedroom 5:Main FloorNot available
Kitchen:Main FloorNot available
Master Bedroom:Main FloorNot available

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 20, 2025List Date
$2,830,000List Price
  • Commute

Commute

Starting Address
Destination Address
29040 Perdido Beach Blvd, Orange Beach, AL

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