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25020 Perdido Beach Boulevard #701 Orange Beach, AL 36561
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Key Details
Sold Price $560,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,263 sqft
Price per Sqft $443
Subdivision Summer House On Romar Beach
MLS Listing ID 303381
Sold Date 03/11/21
Bedrooms 3
Full Baths 2
Construction Status Resale
HOA Fees $625/mo
Year Built 1986
Annual Tax Amount $2,956
Property Description
Rare, East Corner, mid-level at Summerhouse! Not too high or low, East view all the way to Florida. West view all the way to gulf Shores. East corner units in "B" building have the some of the best views in Orange Beach. This is for you if you are willing to pay for the view! Storm damage being repaired by HOA insurance, including new glass meeting current building codes. So this is an incredible opportunity to have everything brand new inside this condo! At this point, the unit is essentially a shell. We think the new owner will basically have a blank slate to finish the condo however they like. Expected date for the unit to be turned over to new owner is early this summer. East corner units in Summer House "B" building sell faster and for much more than all others in Summer House. This unit was under contract for approximately $600K, cash, prior to Hurricane Sally. Conventional, 2nd home financing does not work well (will not close or have a final appraisal) while repairs are in process. All three bedrooms have amazing gulf views and balcony access. Huge, wrap around balcony so everyone can spread out if they like! Photos are Pre- Sally. balcony 360* view is here- https://view.ricohtours.com/eec519f8-dac5-441c-93ef-e2bd477be195?type=unbranded Well run and strong HOA. Summer House had a $10K storm assessment, which the owners have paid. No other assessments expected. Summerhouse has Indoor and outdoor pools, fitness room, etc. Gated complex. This is a fantastic rental investment, renters will pick this one first. 2019 gross rental income was $54K. Rental history available from listing agent. If you have been waiting on an East corner, act fast!
Location
State AL
County Baldwin
Area Orange Beach 1
Interior
Interior Features Ceiling Fan(s), Internet, Storage
Heating Electric
Flooring Tile, Wood
Fireplace Yes
Appliance Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer
Exterior
Exterior Feature Storage, Balcony
Garage Parking Lot
Pool Community, Association
Community Features BBQ Area, Clubhouse, Condo 2-Bdrms in Complex, Condo 3-Bdrms in Complex, Fitness Center, Internet, Pool - Indoor, Landscaping, Meeting Room, Pool - Outdoor, Gated
Utilities Available Cable Connected
Waterfront Yes
Waterfront Description Beach Side - Building,Gulf Front - Building
View Y/N Yes
View Direct Gulf Front
Garage No
Building
Lot Description Waterfront
Story 1
New Construction No
Construction Status Resale
Schools
Elementary Schools Orange Beach Elementary
High Schools Orange Beach High
Others
Pets Allowed Allowed, More Than 2 Pets Allowed
HOA Fee Include Association Management,Cable TV,Common Area Insurance,Maintenance Grounds,Pest Control,Recreational Facilities,Reserve Funds,Security,Taxes-Common Area,Telephone,Trash,Water/Sewer,Clubhouse,Pool
Ownership Condominium
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Bought with RE/MAX of Orange Beach