Ignite FB Tracking Pixel23708 Perdido Beach Boulevard, Orange Beach, AL 36561 - Maggie Reed
Ixl Real Estate-Eastern Shore
Maggie Reed, Ixl Real Estate-Eastern ShorePhone: (423) 227-7444
Email: [email protected]

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listing
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Single FamilySold
List Price $5,000,000
Sold Price $5,000,000
23708 Perdido Beach Boulevard
Orange Beach, AL 36561
Courtesy of Real Broker, LLC
MLS: Baldwin County MLS
7Beds
7Baths
4,158Sq Ft
Est. Mortgage
$25,909/mo

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

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Information courtesy of Real Broker, LLC is subject to verification and is not guaranteed.
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