22988 Perdido Beach Blvd #27B3, Orange Beach, AL 36561

JUST REDUCED to $1,330,000 (the finished smaller version of this floor plan are selling for over $1,400,000). This spacious three bedroom, three bathroom Penthouse offers breathtaking views of the beach as well as sunset views over the state park. This unit will have all of the upgrades you could want, upgraded tile throughout, granite throughout, stainless steel appliances, full height custom cabinets, tall smooth ceilings (10ft), floor to ceiling glass, tiled bar front, tile backsplash, large crown molding throughout, wet bar with ice maker, washer and dryer and more.  The unit is projected to do $115,000+ in rental (call for rental comps). This project will be a low-density tower (only 96 units) with 4 elevators (one of the best elevator to unit ratios around) and offers one of the biggest amenity packages on the beach!  Phoenix Gulf Towers will also offer two Gulf front lazy rivers, two water slides, two outdoor pools, two splash pads, two heated indoor pools, large Gulf front meeting rooms, hot tubs, two Gulf front fitness centers, and with covered parking as well as climate-controlled hallways. You never have to worry about doing the rain dance to your condo. This unit also offers a large climate-controlled owner storage unit on the same floor as your unit.  This is the perfect place to keep your beach gear, golf clubs, extra clothes or bikes to take advantage of the state park trail head that's directly across the street!!! The building is scheduled to be completed in March 2023.  This property is 1031 eligible. Please feel free to call with any additional questions. 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.