23450 Perdido Beach Blvd Unit 1706, Orange Beach, AL 36561

Property Description

Motivated Seller - Bring Offer! This stunning seventeenth floor Gulf front condo in Phoenix West II is priced to sell! Seller may be willing to buy down your interest rate! The elegant and spacious condo boasts an open-concept layout with 1,948 square feet of luxurious living space. As you approach the kitchen, which effortlessly flows into the living area, you are welcomed by a wall of floor to ceiling impact glass offering sweeping Gulf views, an abundance of natural light, and a seamless connection between the interior of the unit and the over-sized balcony. The upgraded kitchen features granite countertops, a glass tile mosaic backsplash, stainless steel appliances, an elevated bar with seating for four, and a tiled bar splash. The tastefully furnished unit also boasts tile floors in the common areas, crown molding throughout, high ceilings, a wet bar with granite countertops and an ice-maker, a full-size washer and dryer, and a private storage unit on the fourteenth floor. The large master suite offers Gulf views, a double vanity, large walk-in shower, separate jetted tub, private water closet, and a massive walk-in closet. The condo generated over $77,000 in gross rental revenue in 2022 and has over $67,000 on the books for 2023 (as of 08/28/2023). Phoenix West II has one of the finest amenity packages on the Gulf coast including an owners-only elevator, lazy river, outdoor pool, indoor pool, kiddie pool, spa, sauna, fitness center, game room, covered parking, and 24-hour security. Additionally, the Association has recently approved an “Enhancement Project” that will include the installation of a new pool, the establishment of a restaurant and bar/grill operation, an improved splash pad, the creation a souvenir shop, additional restrooms, and a pavilion to cover to the grilling area. These improvements will be paid from reserves with no assessment to the owners; a time line for implementation of the project has not been established.