Turn-Key Beachfront Studio Condo in Orange Beach, AL. with Proven Rental Income featuring $40K+ in annual gross rental income, pre-booked VRBO reservations through 2025, and an impressive 4.7 out of 5-star rating from 102 guest reviews. Own a slice of paradise with this beautifully updated studio condo located directly on the white sand beaches of Orange Beach, Alabama. Whether you’re looking for a personal coastal retreat or a high-performing investment, this turn-key unit offers it all! Located in a beachfront complex with three pools, a snack bar, and easy access to top local attractions, this unit blends coastal charm with modern convenience. Inside, you’ll find thoughtful upgrades, including: New A/C unit and freshly painted interior, Renovated kitchen with new refrigerator and microwave, Modern furnishings, including a new mattress, TV, and patio set, Electronic WiFi door lock for secure, seamless guest check-in. Comes fully furnished and rental-ready, professionally managed for truly hands-off ownership, all future bookings and income are transferable to the new owner. With a strong rental history and outstanding guest satisfaction, this is your chance to own a stress-free, income-producing beachfront gem in one of the Gulf Coast’s most sought-after markets.Buyer to verify all information during due diligence. Buyer to verify all information during due diligence.
Active
Price cut: $5K (6/25)
$224,000
23044 Perdido Beach Blvd #118, Gulf Shores, AL 36561
0beds
392sqft
Est.:
Condominium, Residential
Built in 1985
-- sqft lot
$215,700 Zestimate®
$571/sqft
$282/mo HOA
What's special
- 95 days
- on Zillow |
- 323 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: June 25, 2025 at 06:43am
Listed by:
Michaela Callow PHONE:251-597-7544,
Elite Real Estate Solutions, LLC,
Brittney Naylor 251-581-1766,
Elite Real Estate Solutions, LLC
Source: Baldwin Realtors,MLS#: 378834

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Has Heating (Unspecified Type)
Cooling
- Other
Appliances
- Included: Dishwasher, Microwave, Electric Range, Refrigerator, Washer/Dryer Stacked, Electric Water Heater
Features
- Ceiling Fan(s)
- Flooring: Luxury Vinyl Plank
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 392
- Total interior livable area: 392 sqft
Property
Parking
- Parking features: Covered
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Pool features: Community
- Has view: Yes
- View description: Indirect Gulf Side, Pool
- Has water view: Yes
- Water view: Indirect Gulf Side
- Waterfront features: Gulf Front - Building
- Body of water: Gulf of Mexico/America
Details
- Parcel number: 6606133001046.000.918
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Residential
- Attached to another structure: Yes
Materials
- Stucco, Block
Condition
- Resale
- New construction: No
- Year built: 1985
Utilities & green energy
- Electric: Baldwin EMC
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected
Community & HOA
Community
- Features: BBQ Area, Gazebo, Pool, Tennis Court(s)
- Security: Smoke Detector(s), Gated with Guard
- Subdivision: Sugar Beach
HOA
- Has HOA: Yes
- Services included: Association Management, Cable TV, Maintenance Grounds
- HOA fee: $282 monthly
Location
- Region: Gulf Shores
Financial & listing details
- Price per square foot: $571/sqft
- Tax assessed value: $242,300
- Annual tax amount: $1,550
- Price range: $224K - $224K
- Date on market: 5/7/2025
- Ownership: Condominium
- Electric utility on property: Yes
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