23708 Perdido Beach Boulevard $5,100,000

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    23708 Perdido Beach Boulevard Orange Beach, AL 36561

    • 7 Beds
    • 7 Baths
    • 4,158 sq. ft.
    • Single-Family
    • MLS# 365383
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    Views: 87 Days On Site: 49

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    Property Details

    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

    • General Features
      • Area Orange Beach 1
      • Bathrooms 7
      • Bedrooms 7
      • Community Features None
      • Full Bathrooms 7
      • Half Bathrooms 0
      • Listing Terms Corporate Owned
      • Property Sub Type Contemporary
      • Subdivision Name None
    • Building Features
      • Appliances Dishwasher, Dryer, Microwave, Gas Range, Refrigerator w/Ice Maker, Washer, Cooktop
      • Architectural Style Contemporary
      • Construction Materials Stucco
      • Flooring Tile, Vinyl, Wood
      • Foundation Details Slab
      • Heating Electric
      • Roof Composition
    • Property Features
      • Boat Facilities None
      • Lot Features Less than 1 acre, No Trees
      • Parking Features Attached
      • Pool Features In Ground
      • Spa Features Heated
      • Utilities See Remarks, Cable Connected
      • View Direct Gulf Front
      • Waterfront Features Gulf Front - Building
    • Schools
      • custom elem Orange Beach Elementary
      • custom high Gulf Shores High
      • custom middle Gulf Shores Middle

    Contact

    Donna Fitts

    Donna Fitts

    Broker Associate, CDPE, REALTOR®

    RE/MAX Of Orange Beach

    Direct: 251-942-5985

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    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $5,100,000
    8/26/2024 8:30:52 AM Price Reduced Source: Multiple Listing Service New Value: $5,100,000 -1.92%
    7/20/2024 7:30:00 AM New in Database Source: Multiple Listing Service New Value: $5,200,000

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    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.