Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$1,079,000 -$20,000 (-1.82%) Price Reduced

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 3 Full Baths
  • 1,787 Sq. Ft.
  • Updated 1 hour ago
See This Home
Save This Home
See This Home
Save This Home
Second chance opportunity! Back on the market due to buyer circumstances-no fault of the seller. Seller ready for a smooth and timely closing. Welcome to coastal luxury at its finest. This 3-bedroom, 3-bath penthouse at Phoenix on the Bay is the kind of place that immediately slows you down. The views over Terry Cove and Robinson Island are wide, open, and constantly changing-boats passing by, dolphins in the distance, and sunsets that never get old. It feels removed from the crowds, but you're still right in the heart of Orange Beach. Inside, the condo has been exceptionally cared for by only two owners, and it shows in every detail. The space is polished but comfortable, with designer furnishings and finishes that feel intentional, not staged. Nothing feels tired, overused, or "rental worn," which is rare-especially for a unit with an excellent rental history. The layout works beautifully, making hosting family or friends easy without sacrificing privacy. Whether you're here full-time, part-time, or letting it work for you when you're away, this penthouse strikes that hard-to-find balance between personal retreat and proven income producer. A dedicated exterior storage unit just down the hall provides convenient space for water toys and gear. All carpet has been replaced with durable LVP flooring, complemented by ceramic tile in the remaining areas. Smooth ceilings and solid wood cabinetry reflect the quality of this gorgeous condo. The exquisite views can be yours! This is a condo you'll be proud to own and a dream to walk into. Buyer to verify all information during due diligence.

Full Property Details for 27580 Canal Rd #1505

General

  • Price: $1,079,000
  • HOA FEE: $1,231/month
  • Taxes: $2,805
  • Status: Active
  • Type: Condo
  • Source: 934
  • MLS ID: 389438
  • Updated: 3/10/2026
  • Added to Site: 74 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Internet
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer, Cooktop
  • Furnishings: Partially
  • Flooring: Tile, Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Shared Amenities: BBQ Area, Common Lobby, Condo 1-Bdrms in Complex, Condo 2-Bdrms in Complex, Condo 3-Bdrms in Complex, Condo 4-Bdrms in Complex, Covered Entry, Fitness Center, Fishing, Internet, Pool - Indoor, Pool - Kiddie, Landscaping, Meeting Room, Pool - Outdoor, Satellite TV, Steam/Sauna, Tennis Court(s), Water Access-Deeded, Lazy River
  • Pool: Yes
  • Pool Description: Community, Association
  • Spa Description: Community
  • Security/Safety: Smoke Detector(s), Fire Sprinkler System, Gated with Guard

Exterior

  • Exterior Features: Storage

Parking

  • Parking Features: Covered, Parking Lot

Location

  • Area: Orange Beach 1
  • County: Baldwin
  • Subdivision: Phoenix On The Bay
  • Driving Directions: AL-59 south into Orange Beach. Turn left on Canal Road (AL-180 East) — stay on this road as it parallels the water. 27580 Canal Road will be on your right — Phoenix on the Bay is a large condominium building. Turn right into complex and enter west parking garage. Drive up to the 5th floor, park and head towards the water. Unit 1505 will be on the left.

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, Security, Trash, Water/Sewer, Internet, Pool
  • Units Assoc/Comm: 163
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Electric (Cool)
  • Heating Type: Central

Structural Information

  • Property Detached: Yes
  • Structure Type: Condo
  • Exterior Const.: Stucco, Block
  • Entry Floor Number: 5
  • Stories/Levels: 1
  • Building Size: 1787
  • Square Feet: 1,787
  • Sq. Ft. Source: Assessor
  • Year Built: 2004
  • Property Condition: Resale

Lot Features

  • Property View: Direct Bay Front

Water Features

  • Water Front: Yes
  • Water Front Name: Terry Cove
  • Water Front View: Bay Front - Building

Financial Considerations

  • Association Fee: $1,231
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $2,805

Disclosures and Reports

  • Ownership: Condominium
  • Legal Description: Unit 5B5 Phoenix On The Bay Condo In The City Of Orange Beac H Sec 12-T9s-R5e (Wd Survivorship)
  • Property ID: 6502120000100.000.975

Listed by Call It Closed Intl Realty

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 27580 Canal Rd #1505 —

  • Call It Closed Intl Realty

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

Schools serving 27580 Canal Rd #1505

School District:Baldwin County School District
NameGradesDistance
Foley Elementary School
450 North Cedar Street, Foley, AL 36535
K-611.4 mi
Foley Middle School
200 North Oak Street, Foley, AL 36535
7-811.2 mi
Foley High School
1 Pride Place, Foley, AL 36535
9-1210.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 27580 Canal Rd #1505 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/10/2026
Price Reduced
$1,079,000
-1.82%
MLS
12/26/2025
Listed
$1,099,000
—
MLS
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 27580 Canal Rd #1505

Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$100
-38%
2023
100%
$160
14%
2022
100%
$140
40%
2021
—
$100
—
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 27580 Canal Rd #1505

$
Down Payment
%
$
%

$
$
$

*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 Call It Closed Intl Realty

Similar Properties near 27580 Canal Rd #1505

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

27006 Canal Rd, Orange Beach, AL 36561 - Photo 1
$1,075,000

27006 Canal Rd  #A104  Orange Beach, AL 36561

  • Condo
  • Active
  • 3
    Beds
  • 3
    Total Baths
  • 1,540
    Sq. Ft.
Listed by RE/MAX Paradise
28103 Perdido Beach Blvd, Orange Beach, AL 36561 - Photo 1
$1,090,000

28103 Perdido Beach Blvd  #B215  Orange Beach, AL 36561

  • Condo
  • Active
  • 3
    Beds
  • 3
    Total Baths
  • 2,102
    Sq. Ft.
Listed by Signature Properties
24880 Perdido Beach Blvd, Orange Beach, AL 36561 - Photo 1
$1,065,000

24880 Perdido Beach Blvd  #901  Orange Beach, AL 36561

  • Condo
  • Active
  • 3
    Beds
  • 3
    Total Baths
  • 1,943
    Sq. Ft.
Listed by Goode Realty, LLC
28250 Canal Rd, Orange Beach, AL 36561 - Photo 1 Just Listed
$1,060,000

28250 Canal Rd  #307  Orange Beach, AL 36561

  • Condo
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,342
    Sq. Ft.
Listed by Keller Williams AGC Realty - Orange Beach

Just Listed near 27580 Canal Rd #1505

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

608 Lost Key Dr, Perdido Key, FL 32507 - Photo 1 Just Listed
$464,900
Open House

608 Lost Key Dr  #1002-C  Perdido Key, FL 32507

  • Condo
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,624
    Sq. Ft.
13785 Perdido Key Dr, Perdido Key, FL 32507 - Photo 1 Just Listed
$395,000

13785 Perdido Key Dr  #76  Perdido Key, FL 32507

  • Condo
  • Active
  • Updated 4 days ago
  • 1
    Bed
  • 1
    Total Bath
  • 795
    Sq. Ft.
13601 Perdido Key Dr, Perdido Key, FL 32507 - Photo 1 Just Listed
$740,000

13601 Perdido Key Dr  #W14C  Perdido Key, FL 32507

  • Condo
  • Active
  • Updated 5 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,540
    Sq. Ft.
13621 Perdido Key Dr, Perdido Key, FL 32507 - Photo 1 Just Listed
$1,195,000

13621 Perdido Key Dr  #2005E  Perdido Key, FL 32507

  • Condo
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,768
    Sq. Ft.

Price Reduced near 27580 Canal Rd #1505

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

5416 Arrowhead Rd, Perdido Key, FL 32507 - Photo 1 Price Reduced
-$6,000 (-1.7%)
$347,000

5416 Arrowhead Rd  Perdido Key, FL 32507

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,420
    Sq. Ft.
13597 Perdido Key Dr, Perdido Key, FL 32507 - Photo 1 Price Reduced
-$100,000 (-9.3%)
$975,000

13597 Perdido Key Dr  #EPH2D  Perdido Key, FL 32507

  • Condo
  • Active
  • Updated 7 hours ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,930
    Sq. Ft.
6620 Carlinga Dr, Perdido Key, FL 32507 - Photo 1 Price Reduced
-$5,000 (-0.72%)
$690,000

6620 Carlinga Dr  Perdido Key, FL 32507

  • Single Family
  • Active
  • Updated 6 days ago
  • 4
    Beds
  • 4
    Total Baths
  • 2,148
    Sq. Ft.
16310 Perdido Key Dr, Perdido Key, FL 32507 - Photo 1 Price Reduced
-$5,100 (-1.2%)
$419,900

16310 Perdido Key Dr  #9A  Perdido Key, FL 32507

  • Condo
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 720
    Sq. Ft.

Recent Sales near 27580 Canal Rd #1505

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

4616 Old Bay Ln, Orange Beach, AL 36561 - Photo 1 Sold
$1,035,000

4616 Old Bay Ln  Orange Beach, AL 36561

  • Single Family
  • Closed
  • Updated 11 days ago
  • 3
    Beds
  • 4
    Total Baths
  • 1,904
    Sq. Ft.
Listed by Wellhouse Real Estate LLC
Sold by Signature Properties
28250 Canal Rd, Orange Beach, AL 36561 - Photo 1 Sold
$1,220,000

28250 Canal Rd  #403  Orange Beach, AL 36561

  • Condo
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,311
    Sq. Ft.
Listed by Keller Williams AGC Realty - Orange Beach
Sold by Keller Williams AGC Realty - Orange Beach
28250 Canal Rd, Orange Beach, AL 36561 - Photo 1 Sold
$1,200,000

28250 Canal Rd  #1108  Orange Beach, AL 36561

  • Condo
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,336
    Sq. Ft.
28250 Canal Rd, Orange Beach, AL 36561 - Photo 1 Sold
$1,200,000

28250 Canal Rd  #1108  Orange Beach, AL 36561

  • Condo
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,336
    Sq. Ft.
Listed by Pointe South
Sold by Pointe South of Perdido

27580 Canal Road #1505, Orange Beach, AL 36561 (MLS# 389438) is a Condo property with 3 bedrooms and 3 full bathrooms. 27580 Canal Road #1505 is currently listed for $1,079,000 and was received on December 26, 2025. Want to learn more about 27580 Canal Road #1505? 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.

Tour this property