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29040 Perdido Beach Boulevard 24B2
Orange Beach AL 36561 US

$2,830,000

Active Listing ID 388328
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5 bed
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3,005 square feet
bath icon
5.00 Bath (5 Full)
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Condominium

$2,830,000

Active Listing ID 388328
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29040 Perdido Beach Boulevard 24B2 Phoenix Key in Orange Beach is Brett/Robinson's newest luxury Gulf-front development and one of the most compelling pre-construction opportunities on the Alabama Gulf Coast, with completion scheduled for the end of 2026. This exclusive 56-unit tower is topped out and now in the final phase before delivery, creating a rare opportunity to secure current pricing ahead of completion. Unit 24B2 is currently priced at $2, 830, 000, approximately $942 per square foot, while comparable luxury resales in the market are now exceeding $1, 100+ per square foot, creating a pricing advantage relative to today's market. With similar product projected to trade north of $3 million upon completion, buyers have the opportunity to secure built-in equity at today's pricing while positioning for additional upside as the project nears delivery. Designed for both luxury and income performance, this 5-bedroom, 5-bath residence spans 3, 005 square feet and features high-end designer finishes, floor-to-ceiling glass, and an oversized Gulf-front balcony complete with an electric grill and private hot tub. Phoenix Key offers a low-density ownership experience with premium amenities including indoor and outdoor pools, a fitness center, owner storage, and secured covered parking. For investors, projected gross rental income is approximately $200, 000 annually, paired with a reduced 5% management fee for the first two years through Brett/Robinson's rental program. With construction entering the home stretch and pricing expected to continue rising, this is an opportunity to secure a premium Gulf-front asset below current comparable pricing and benefit from the final phase of appreciation before delivery. This is an equitable interest listing where seller is selling only an option contract. Buyer/Buyers agent to verify all information during due diligence. Buyer to verify all information during due diligence.

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Condominium
  • Features
  • Full Bathrooms: 5
  • Cooling System: Central Air, Electric
  • Exterior Finish: Storage, Built In Gas Grill
  • Floor Covering: Vinyl
  • Heating Fuels: Central
  • Additional Features
  • Waterfront

School Information

  • School
  • Orange Beach Elementary(Elementary)
  • Orange Beach Middle(MiddleSchool)
  • Orange Beach High(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Condominium
  • listprice: 2830000
  • unparsedaddress: 29040 Perdido Beach Boulevard
  • unitnumber: 24B2
  • postalcity: Orange Beach
  • stateorprovince: AL
  • country: US
  • postalcode: 36561
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 3005
  • livingareaunits: Square Feet
  • latitude: 30.278546
  • longitude: -87.529738
  • listagentfullname: Michael Nehls
  • listagentemail: michaeln@brettrobinson.com
  • listagentkey: 3yd-BCARAL-106879
  • listagentmlsid: 106879
  • listagentpreferredphone: 2519792494
  • listagentofficephone: 2519816180
  • listofficekey: 3yd-BCARAL-183
  • listagentstatelicense: 162989-1
  • listofficemlsid: 183
  • disclaimer: Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: BCARAL
  • yearbuilt: 2026
  • listingcontractdate: 2025-11-20
  • listagenturl: http://www.brettrobinson.com
  • countyorparish: Baldwin
  • elementaryschool: Orange Beach Elementary
  • highschool: Orange Beach High
  • appliances: Dryer, Washer, Cooktop, Disposal, Gas Range, Ice Maker, Microwave, Dishwasher, Double Oven, Wine Cooler, Plumbed For Ice Maker, Smoke Detector
  • cooling: Electric
  • flooring: Vinyl
  • heating: Central
  • numberofunitstotal: 56
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Covered
  • waterfrontyn: True
  • franchiseaffiliation: Independent
  • interiorfeatures: Wet Bar, Internet, Storage, Termite Contract
  • exteriorfeatures: Storage, Built In Gas Grill
  • architecturalstyle: Other
  • rooms: Bedroom 5, Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 5
  • otherstructures: Storage
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: True
  • location: -87.52974, 30.278545
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Brett/Robinson", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"leads+brettrealestaterobinsondevelopmentcompanyi11367-o-4@kvcore.com", "ListBrokerageCity":"Orange Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"timb@brettrobinson.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/BCARAL/670a9d21958411e7ad0d0242ac110004/20170927210744752.png", "ListBrokerageName":"Brett/Robinson", "ListBrokeragePhone":"(251) 981-6180", "ListBrokeragePostalCode":"36561", "ListBrokerageStateOrProvince":"AL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"24325 Perdido Beach Blvd", "ListBrokerageWebsiteUrl":"http://www.brettrobinson.com", "ListOfficeAddress1":"24325 Perdido Beach Blvd ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"183", "ListOfficeCity":"Orange Beach", "ListOfficeCountry":"US", "ListOfficeEmail":"johnb@brettrobinson.com", "ListOfficePostalCode":"36561", "ListOfficeStateOrProvince":"AL", "ListPriceCurrencyType":"USD", "ListingTitle":"CONDOS - Other - Orange Beach, AL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/29040-Perdido-Beach-Blvd-Unit-24B2_Orange-Beach_AL_36561_M95977-99297?f=listhub&s=BCARAL&m=388328&c=rexren", "MLSModificationTimestamp":"2026-08-03 14:31:49", "Neighborhoods":[{"Description":null, "Name":"Phoenix Key Tower I"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/4/2026 1:36:54 PM GMT
Source Updated Date: 8/12/2026 12:47:41 PM GMT

Courtesy of: Michael Nehls, Brett R/E Robinson Dev OB, michaeln@brettrobinson.com

Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.