27582 Canal Road 2507 Welcome to Lighthouse on the Bay, a highly sought-after waterfront community in Orange Beach. This tastefully furnished 3 BR, 3 BA condo features a desirable split-bedroom floor plan, a large balcony with beautiful water views, and convenient covered parking near the unit. Recent updates include a tankless water heater (2020), HVAC system (2022), dehumidifier with electric pump, and updated kitchen appliances and pantry (2022). Lighthouse on the Bay offers outstanding amenities, including a zero-entry outdoor pool, lazy river, indoor pool, hot tubs, fitness center, fishing pier, sandy bay beach, meeting room, and newly renovated tennis and pickleball courts. Owners also enjoy access to the community lighthouse for gatherings and special events. Both owners and guests are permitted to have dogs, and boat slips are often available to rent from individual owners, making this an excellent option for boating enthusiasts. Enjoyed as a second home, this condo has been exceptionally well maintained and also offers strong investment potential, with projected rental income of up to $59, 000 annually. Whether you're looking for a primary residence, vacation retreat, or rental property, this is a fantastic opportunity.