Remarkable Investment Property, 1031 Exchange, Primary Residence or a Luxury Getaway! Experience the epitome of coastal living in Penthouse 16, where stunning panoramic views of Little Lagoon and the Gulf of America greet you from every window. This luxurious, fully furnished retreat offers an open-concept design featuring 5 spacious bedrooms and 3.5 bathrooms across over 3,700 square feet. Access your private sanctuary via a dedicated elevator to the 16th floor, where floor-to-ceiling windows invite breathtaking sunrises and sunsets into your home. Enjoy two oversized balconies-one that overlooks the Gulf of America and the other providing serene views of Little Lagoon. The primary bedroom is a true retreat, complete with its own private balcony, an en-suite bathroom boasting a large jacuzzi tub, double vanities, an oversized shower, and a generous walk-in closet. Culinary enthusiasts will delight in the chef's kitchen, equipped with stainless steel appliances, granite countertops, a walk-in pantry, and a wet bar area featuring an ice machine and wine cooler. The grand living room serves as the perfect gathering spot for playing pool, watching the game, or simply relaxing while taking in the stunning views. Additional features include a large utility room, a half bath for guests, and enhanced security for peace of mind. Lagoon Tower offers a wealth of amenities, including both indoor and outdoor pools with a spa, a fitness center, an outdoor shower, a grilling area, a fishing pier, available boat slips, and an outdoor pet area-all complemented by deeded beach access. Located just minutes from the best restaurants, shopping, and entertainment, Penthouse 16 is not just a home; it's a lifestyle waiting for you to embrace! Buyer to verify all information during due diligence.
Property Features
Bedrooms
- Bedrooms: 5
- Primary Bedroom Level: Main
- Bedroom 1 Features: Oversized Master
Bathrooms
- Total Bathrooms: 3.5
- Full Bathrooms: 3
- 1/2 Bathrooms: 1
- Primary Bathroom Features: Double Vanity, Other, Separate Tub/Shower
Interior Features
- Double Vanity
- High Ceilings 10 ft Main
- Tray Ceiling(s)
- Walk-In Closet(s)
- Wet Bar
- Flooring: Carpet, Ceramic Tile
- Window Features: Double Pane Windows
Appliances
- Disposal
- Dishwasher
- Electric Cooktop
- Microwave
- Refrigerator
- Washer
- Laundry Features: In Hall
Heating and Cooling
- Cooling Features: Central Air, Electric
- Heating Features: Central
- Heating: Yes
Kitchen and Dining
- Dining Room Features: Open Floorplan
- Kitchen Features: Breakfast Bar,Cabinets Stain,Kitchen Island,Pantry Walk-In,Stone Counters,View to Family Room
Exterior and Lot Features
- Balcony
- Private Entrance
- Frontage Length: Water Frontage (100)
- Patio And Porch Features: Front Porch, Rear Porch, Wrap Around
- Road Surface Type: Asphalt
- Porch: Yes
Pool and Spa
- Pool Features: Indoor, In Ground
- Spa Features: Community, Bath
- Spa: Yes
Waterfront and Water Access
Land Info
- Land Lease: No
- Lot Description: Level
- Lot Size Acres: 0.75
- Lot Size Dimensions: 100x421
- Lot Size Square Feet: 32670
Garage and Parking
- Parking Features: Parking Lot
- Parking Total: 2
Home Features
- View: Water
- Green Energy Efficient: Appliances, Windows
Homeowners Association
- Association: Yes
- Association Fee: 2400
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 2400
School Information
- Elementary School: Gulf Shores
- High School: Gulf Shores
- Middle School: Gulf Shores
Amenities and Community Features
- Community Features: Barbecue, Beach Access, Dog Park, Fishing, Fitness Center, Pool, Spa/Hot Tub
Other Property Info
- Annual Tax Amount: 8158
- Source Listing Status: Active
- County: Baldwin - AL
- Source Property Type: Residential
- Property Subtype: condo
- Source Neighborhood: Lagoon Tower Condo
- Parcel Number: 6706233001014000929
- Subdivision: Lagoon Tower Condo
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 3746
- Year Built: 2005
- Building Area Total: 3746
- Construction Materials: Concrete
- Levels: One
- Property Age: 21
- Levels or Stories: One
Utilities
- Electric: 110 Volts, 220 Volts
- Sewer: Public Sewer
- Sewer Available
- Water Available
- Electricity Available
- Water Source: Public