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$1,099,000
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Property Description
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
Full Property Details for 27580 Canal Rd #1505
General
- Price: $1,099,000
- HOA FEE: $1,231/month
- Taxes: $2,805
- Status: Under Contract
- Type: Condo
- Source: 934
- MLS ID: 389438
- Updated: 1/12/2026
- Added to Site: 21 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
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Schools
Schools serving 27580 Canal Rd #1505
School District:Baldwin County School District
| Name | Grades | Distance |
|---|---|---|
Foley Elementary School 450 North Cedar Street, Foley, AL 36535 | K-6 | 11.4 mi |
Foley Middle School 200 North Oak Street, Foley, AL 36535 | 7-8 | 11.2 mi |
Foley High School 1 Pride Place, Foley, AL 36535 | 9-12 | 10.1 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
Date
Details
Price
Change
Source
12/26/2025
Listed
$1,099,000
—
MLS
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
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
Estimate the Cost for 27580 Canal Rd #1505
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 $1,099,000 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.

