29040 Perdido Beach Boulevard 16B2 Phoenix Key is poised to become one of the most spectacular new developments on the Gulf Coast, with completion projected for late 2026, making now the ideal time to secure your place in this exclusive condominium. It is the LOWEST PRICED CONDO IN PHOENIX KEY at the time of listing. This low density development offers the feel of a private beach home with the benefits of a luxury condominium. 1031 Exchanges are welcome.This rare 5 bedroom, 5 bath Gulf front residence offers over 3, 000 sq. ft. of interior living space and an oversized balcony featuring a private hot tub and gas grill. Situated on the 16th floor, the unit delivers exceptional, unobstructed Gulf views.Interior upgrades include 10' ceilings, 8' solid core doors, tankless water heater, free-standing tub, frameless glass shower doors, and top of the line appliances.Resort-style amenities include a 6th floor lazy river, hot tubs, indoor heated pool, fitness center, and waterslide. With only 3 elevators serving 56 total units, Phoenix Key provides a uniquely private and exclusive ownership experience.This residence is ideal as a primary home, second home, or high performing vacation rental, with rental projections exceeding $225, 000 annually. New construction photos will be updated monthly. 24 X 48 tile is now installed. Opportunities like this are extremely limited, so schedule your visit today and experience firsthand why Phoenix Key is one of the most anticipated developments on the Alabama Gulf Coast. Contact the listing agent for the full animation video. Buyer to verify all information during due diligence.