ONLY UNIT FOR SALE! Fully Turnkey + $38K instantly transfers in immediate Rental Income to the new buyers. Unbelievable ROIOver $81, 948 in Gross Rentals in 2024 and on track to do it again in 2025! This is your chance to own the ONLY unit for sale in one of Orange Beachs most desirable low-density Gulf-front buildings. This fully renovated, East corner unit is the definition of coastal luxury. With panoramic, unobstructed Gulf views from the living room, all bedrooms, and a large wraparound balcony, this condo delivers a true beachfront experience. Investment Highlights:2024 Grossed Over $81, 948 in Rentals!$38, 297 in Rental Income from 6/21 -12/31 immediately transfers to new owners Low HOA fees in a low-density, gated building (just 3 units per floor!)Emerald Key is one of the few buildings with direct beach access, private storage, and a Gulf-side pool with waterfall + ledge seating Fully turnkeyready to start producing income Day 1!Interior Features: All brand-new living room / dining room furniture New flooring, new big-screen TVs in every room, and new linens New mattresses and pillows on all beds Fully upgraded master bath with tiled walk-in shower New stainless appliances, new full-size washer/dryer, and new refrigerator Large, open-concept living and dining space with stunning Gulf views Three spacious bedrooms: Master: King bed + private bath Second Master: Queen bed + attached full bath Guest Room: Queen bed + private balcony Prime Location: In the heart of Orange Beach Walking distance to the new COAST-AL restaurant, shops & entertainment Close to Publix, Walmart, and endless dining options This rare unit comes with a large private storage room and is in a building thats just been freshly painted. With an unbeatable combination of location, income, and turnkey conditionthis unit checks every box. Priced to sell and primed to perform. Buyer to verify all information during due diligence Buyer to verify all information during due diligence.
Property Features
Bedrooms
- Bedrooms: 3
- Primary Bedroom Dimensions: 12 x 15
- Bedroom 2 Dimensions: 11 x 12
- Bedroom 3 Dimensions: 10 x 12
- Primary Bedroom Level: Main Level
- Bedroom 2 Level: Main Level
- Bedroom 3 Level: Main Level
Appliances
- Dishwasher
- Microwave
- Range-Electric
- Refrigerator
- Stack Washer/Dryer
Bathrooms
- Full Bathrooms: 2
- Primary Bathroom Description: Double Vanity, Walk In Closet
Interior Features
- Furnished Description: Yes
- Flooring: Carpet, Vinyl
Kitchen and Dining
- Dining Area Description: Breakfast Bar, Lvg/Dng Combo
- Dining/Living Room Combo Dimensions: 15 x 20
- Dining/Living Room Combo Level: Main Level
- Kitchen Dimensions: 9 x 12
- Kitchen Level: Main Level
Heating and Cooling
Waterfront and Water Access
- Water Body Name: Gulf of Mexico/America
- Beach Accs (<=1/4 Mi)
- Beach Side - Building
- Gulf Accs (<=1/4 Mi)
- Gulf Front - Building
Exterior and Lot Features
Land Info
- Lot Description: Water View, Waterfront
Home Features
- View: Direct Gulf Front
- Energy Information: Ceiling Fan(s)
Amenities and Community Features
- Cable
- Ceiling Fan(s)
- Storage-In
- Storage-Out
Homeowners Association
- Association: Yes
- Association Fee: 600
- Association Fee Frequency: Monthly
- Association Fee Amenities: BBQ Area, Landscaping, Pool - Outdoor
- Association Fee Includes: Association Management, Cable, Common Area Maintenance, Pest Control, Trash, Water/Sewer
- Calculated Total Monthly Association Fees: 600
School Information
- Elementary School: Orange Beach Elementary
- High School: Orange Beach High
- Middle School: Orange Beach Middle
Other Property Info
- PPIN# : 213961
- Source Listing Status: Active
- County: Baldwin
- Directions: From Hwy 59 in Gulf Shores, East on Beach Blvd/Perdido Beach blvd approx. 6 miles.
- Source Property Type: Residential-Single Family
- Area: Orange Beach 1
- Property Subtype: condo
- Source Neighborhood: Orange Beach 1
- Parcel Number: 65-04-17-0-000-001.047.910
- Property Subtype: Residential Attached
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1344
- Year Built: 1997
- Entry Level: 4
- Foundation Details: P-I-P Reinforced Concrete
- Property Age: 28
- Levels or Stories: 1
- House Style: Condo
- Year Built Details: Resale
Utilities
- Baldwin EMC
- Orange Beach Water Auth