$1,390,000
$1,330,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
3 Baths
1,866 SqFt
SOLD DATE : 07/13/2023
Key Details
Sold Price $1,390,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,866 sqft
Price per Sqft $744
Subdivision Phoenix Gulf Towers
MLS Listing ID 335115
Sold Date 07/13/23
Bedrooms 3
Full Baths 3
Construction Status New Construction
HOA Fees $1,065/mo
Year Built 2022
Property Description
JUST REDUCED to $1,330,000 (the finished smaller version of this floor plan are selling for over $1,400,000). This spacious three bedroom, three bathroom Penthouse offers breathtaking views of the beach as well as sunset views over the state park. This unit will have all of the upgrades you could want, upgraded tile throughout, granite throughout, stainless steel appliances, full height custom cabinets, tall smooth ceilings (10ft), floor to ceiling glass, tiled bar front, tile backsplash, large crown molding throughout, wet bar with ice maker, washer and dryer and more. The unit is projected to do $115,000+ in rental (call for rental comps). This project will be a low-density tower (only 96 units) with 4 elevators (one of the best elevator to unit ratios around) and offers one of the biggest amenity packages on the beach! Phoenix Gulf Towers will also offer two Gulf front lazy rivers, two water slides, two outdoor pools, two splash pads, two heated indoor pools, large Gulf front meeting rooms, hot tubs, two Gulf front fitness centers, and with covered parking as well as climate-controlled hallways. You never have to worry about doing the rain dance to your condo. This unit also offers a large climate-controlled owner storage unit on the same floor as your unit. This is the perfect place to keep your beach gear, golf clubs, extra clothes or bikes to take advantage of the state park trail head that's directly across the street!!! The building is scheduled to be completed in March 2023. This property is 1031 eligible. Please feel free to call with any additional questions. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title.
Location
State AL
County Baldwin
Area Orange Beach 1
Interior
Interior Features Ceiling Fan(s), High Ceilings, Internet, Split Bedroom Plan
Heating Electric
Flooring Tile
Fireplace Yes
Appliance Dishwasher, Microwave, Electric Range, Refrigerator w/Ice Maker
Exterior
Garage Covered
Pool Community, Association
Community Features BBQ Area, Common Lobby, Condo 2-Bdrms in Complex, Condo 3-Bdrms in Complex, Condo 4-Bdrms in Complex, Covered Entry, Fitness Center, Internet, Pool - Indoor, Landscaping, Meeting Room, On-Site Management, Pool - Outdoor, Gated, Lazy River
Utilities Available Cable Connected
Waterfront Yes
Waterfront Description Gulf Front - Building
View Y/N Yes
View Direct Gulf Front
Parking Type Covered
Garage No
Building
Lot Description Waterfront
Story 1
New Construction Yes
Construction Status New Construction
Schools
Elementary Schools Orange Beach Elementary
High Schools Orange Beach High
Others
HOA Fee Include Association Management,Cable TV,Common Area Insurance,Maintenance Grounds,Pest Control,Reserve Funds,Security,Trash,Water/Sewer,Internet,Pool
Ownership Condominium
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Bought with RE/MAX Paradise