23708 Perdido Beach Boulevard Orange Beach, AL 36561
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Stunning 7-Bedroom Beachfront Retreat with Private Pool. Outstanding Rental Revenue. Handicap accessible w/ elevator to every floor. Discover the epitome of luxury living in this magnificent 7-bedroom home, accommodating up to 18 guests. Custom-designed interiors and exquisite furnishings create an ambiance of elegance and comfort. Sold fully furnished, this property offers a seamless transition for new owners. Key Features: • Beachfront Paradise: Wake up to the soothing sound of waves and step directly onto the sandy shores. Your private beach awaits! • Handicap Accessible with Elevator • Private Pool: Lounge by the pool, basking in the sun or enjoying a refreshing swim. • Exceptional Rental Revenue: This home has intentionally maintained a strict pricing threshold and kept occupancy low to limit wear and tear and maintain quality. However, the rental revenue has been exceptional on the limited use. • Proven Performance: Since its May 2022 debut, this home has grossed over $1.1 million in revenue. In 2023, even on minimal occupancy, it generated $356,681.15. Bookings for 2024 are already at an impressive $294,570. The total occupancy rate since May of 2022 has been 39.5%, but this home has been able to achieve an average daily rate of over 2,400 dollars a night since onboarding in May of 2022. • Modern & Unique: Architecturally striking, this upscale home stands out as a one-of-a-kind gem. • Rare Location & Built-In Appreciation: This home is beachfront and condos cannot build near its location. That means this land and home will continue to appreciate due to it being in a very rare position on Perdido Beach BLVD. • Management: The current management company, Unwind Luxury Vacations, agrees to continue management at a most competitive price. They have outperformed the market by more than double when directly compared across other management companies with similar homes. Please request more information. Don't miss this deal!
2 weeks ago | Listing updated with changes from the MLS® | |
2 weeks ago | Price changed to $5,100,000 | |
2 weeks ago | Listing first seen online |
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