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$550,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,064 Sq. Ft.
  • Updated 2 minutes ago
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Perfectly situated on the fifth floor in one of the best rental complexes along the Alabama Gulf Coast, Phoenix V Unit 506 is a lovely Gulf front condo strategically priced below all comparable sales from the last four years! With gross rentals over $53,000 in 2024, over $47,000 in 2025, and a projection of over $80K from Ball BNB, this property is well-positioned to provide a boost your portfolio. As you enter the condo and your feet glide across the tiled floors, you are welcomed by an abundance of natural light streaming from the floor to ceiling glass that lines the southern exposure. The open concept layout seamlessly combines the kitchen, dining area, and living room to create an ideal waterfront space for entertaining family and friends. The kitchen is outfitted with granite countertops, real wood cabinets, an abundance of storage, tiled backsplash, a bar with seating for two, and Gulf views. The Gulf front master suite features direct balcony access, a king bed, and a beautifully updated walk-in shower with a sliding glass door. The amenities at Phoenix V make it one of the most highly sought-after destinations along the Gulf Coast and include a short walk to the beach, splash pad, indoor and outdoor pools, kiddie pool, spa, sauna, tennis courts, racquetball, grilling area, and a fitness center. Buyer to verify all information during due diligence.

Full Property Details for 24400 Perdido Beach Blvd #506

General

  • Price: $550,000
  • HOA FEE: $670/month
  • Taxes: $4,085
  • Status: Active
  • Type: Condo
  • Source: 934
  • MLS ID: 395647
  • Updated: Today (4/24/2026)
  • Added to Site: Today

Interior

  • Interior Features: En-Suite, Internet, Storage
  • Fireplace(s): None
  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer/Dryer Stacked
  • Furnished: Yes
  • Furnishings: Furnished
  • Flooring: Tile, Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: Shower Only, Single Vanity

Bedrooms

  • Total Bedrooms: 2
  • Primary Bedroom: 1st Floor Primary, Balcony/Patio, Direct Gulf View-Primary, 10 x 15, Main, 150 Sq. Ft.
  • Bedroom 2: 13 x 11, Main, 143 Sq. Ft.

Other Rooms

  • Kitchen: 9 x 10, Main, 90 Sq. Ft.

Additional Information

  • Shared Amenities: BBQ Area, Common Lobby, Condo 1-Bdrms in Complex, Condo 2-Bdrms in Complex, Condo 3-Bdrms in Complex, Covered Entry, Fitness Center, Internet, Pool - Indoor, Pool - Kiddie, Landscaping, Pool - Outdoor, Steam/Sauna, Tennis Court(s)
  • Pool: Yes
  • Pool Description: Community, Association
  • Spa Description: Community
  • Security/Safety: Smoke Detector(s), Gated with Guard

Exterior

  • Exterior Features: Storage

Parking

  • Parking Features: Covered, Parking Lot

Location

  • Area: Orange Beach 1
  • County: Baldwin
  • Subdivision: Phoenix V
  • Driving Directions: Head south on Hwy 59, left on East Beach Blvd, then approximately 5 miles to Phoenix V (Gulf side).

School Information

  • Elementary School: Orange Beach Elementary
  • Middle School: Orange Beach Middle
  • High School: Orange Beach High

Community

  • Association: Yes
  • Assoc. Fees Include: Association Management, Cable TV, Common Area Insurance, Maintenance Grounds, Pest Control, Recreational Facilities, Reserve Funds, Security, Taxes-Common Area, Telephone, Trash, Water/Sewer, Internet, Pool
  • Units Assoc/Comm: 247

Heating & Cooling

  • Heating Type: Electric, Heat Pump

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Property Detached: Yes
  • Structure Type: Condo
  • Exterior Const.: Stucco, Solid Masonry, P-I-P Reinforced Concrete
  • Windows: Window Treatments
  • Entry Floor Number: 5
  • Stories/Levels: 1
  • Building Size: 1064
  • Square Feet: 1,064
  • Sq. Ft. Source: Assessor
  • Year Built: 1995
  • Property Condition: Resale

Lot Features

  • Property View: Direct Gulf Front
  • Lot Size (Acres): 9.4904
  • Lot Size (Sq. Ft.): 413,400
  • Lot Dimensions: 530 x 780
  • Lot Features: Waterfront

Water Features

  • Water Front: Yes
  • Water Front Name: Gulf of Mexico/America
  • Water Front View: Gulf Front - Building

Financial Considerations

  • Association Fee: $670
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $4,085

Disclosures and Reports

  • Ownership: Whole/Full
  • Legal Description: Unit 5E6 Phoenix V Condo In City Of Orange Beach Ms87 Pg1625 Apt15 Pg279 Sec 18-T9s-R5e (Wd)
  • Property ID: 6504180000003.001.982

Listed by RE/MAX of Orange Beach

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Listing agent

— 24400 Perdido Beach Blvd #506 —

  • RE/MAX of Orange Beach

PHONE: 251-979-9198

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 24400 Perdido Beach Blvd #506 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/24/2026
Listed
$550,000
77.42%
MLS
7/15/2020
Sold
$310,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 24400 Perdido Beach Blvd #506

Year
Property Taxes
Change
Tax Assessment
Change
2025
$64
—
$2,000
—
2024
$64
-2%
$2,000
-1%
2023
$65
2%
$2,020
1%
2022
$64
33%
$2,000
—
2021
$48
—
$2,000
33%
2021
$48
—
$1,500
—
2019
$48
—
$1,500
—
2018
$48
—
$1,500
—
2017
$48
—
$1,500
—
2016
$48
—
$1,500
—
2014
$48
—
$1,500
—
2013
$48
—
$1,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 24400 Perdido Beach Blvd #506

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by RE/MAX of Orange Beach

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24400 Perdido Beach Boulevard #506, Orange Beach, AL 36561 (MLS# 395647) is a Condo property with 2 bedrooms and 2 full bathrooms. 24400 Perdido Beach Boulevard #506 is currently listed for $550,000 and was received on April 24, 2026. Want to learn more about 24400 Perdido Beach Boulevard #506? Do you have questions about finding other Condo real estate for sale in Orange Beach? You can browse all Orange Beach real estate or contact a Coldwell Banker agent to request more information.

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