Phoenix Key in Orange Beach is the newest luxury Gulf-front

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Condo For Sale

29040 Perdido Beach Boulevard 24B2

Orange Beach, Alabama 36561

Baldwin County

Waterfront: Yes

Community: 

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$2,725,000 5 br, 5.0 bath 3005 sq. ft. 0.000 acres

Phoenix Key in Orange Beach is the newest luxury Gulf-front development from to be completed in 2026. This exclusive 56-unit tower is topped out and approximately 12 months from completion, offering an exceptional opportunity to own in one of the most anticipated projects on the Alabama Gulf Coast. At only ~$900 a SQFT with resales already hitting $1,000 a SQFT, Unit 24B2 will feature high-end designer finishes, floor-to-ceiling glass, and an expansive balcony complete with an electric grill and a private hot tub overlooking the Gulf of Mexico. Projected rental income is approximately $200,000 annually, and owners will enjoy a reduced 5% management fee for the first two years through 's rental program. Phoenix Key combines the comfort of luxury coastal design with proven rental management performance and premium amenities including indoor and outdoor pools, a fitness center, owner storage, and secured covered parking. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract. Buyer/buyers agent to verify all information during due diligence. Buyer to verify all information during due diligence. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title.

Interior:
  • Bedrooms: 5
  • Baths: 5.0
  • Sq Ft: 3005
  • Year Built: 2026
  • Utilities: 
  • Fireplaces: 
  • Stories: 1
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: 
  • MLS #: 388328
  • Unit Number: 24B2
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Contact Information:
Beach Condo For Sale in Orange Beach, Alabama
Listing Agent: Michael Nehls, Brett/Robinson, 251-981-6180, 251-981-6180 Listing Site, Listing Status: Active
Copyright © 2025 Baldwin County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6858445
Viewed 13 times.
Updated: Nov 20, 2025

This property is a Condo located at 29040 Perdido Beach Boulevard 24B2, Orange Beach, Alabama 36561, and is currently For Sale at $2,725,000. This Condo has 5 bedrooms, 5.0 baths, 3005 sq ft.