- 3 beds
- 2 baths
- 1,344 sqft
- $619 per sqft
- 1997 build
- – on site
ONLY UNIT FOR SALE! Fully Turnkey + $38K instantly transfers in immediate Rental Income to the new buyers. Unbelievable ROI—Over $81,948 in Gross Rentals in 2024 and on track to do it again in 2025! This is your chance to own the ONLY unit for sale in one of Orange Beach’s most desirable low-density Gulf-front buildings. This fully renovated, East corner unit is the definition of coastal luxury. With panoramic, unobstructed Gulf views from the living room, all bedrooms, and a large wraparound balcony, this condo delivers a true beachfront experience. Investment Highlights:2024 Grossed Over $81,948 in Rentals!$38,297 in Rental Income from 6/21 -12/31 immediately transfers to new owners Low HOA fees in a low-density, gated building (just 3 units per floor!)Emerald Key is one of the few buildings with direct beach access, private storage, and a Gulf-side pool with waterfall + ledge seating Fully turnkey—ready to start producing income Day 1!Interior Features: All brand-new living room / dining room furniture New flooring, new big-screen TVs in every room, and new linens New mattresses and pillows on all beds Fully upgraded master bath with tiled walk-in shower New stainless appliances, new full-size washer/dryer, and new refrigerator Large, open-concept living and dining space with stunning Gulf views Three spacious bedrooms: Master: King bed + private bath Second Master: Queen bed + attached full bath Guest Room: Queen bed + private balcony Prime Location: In the heart of Orange Beach Walking distance to the new COAST-AL restaurant, shops & entertainment Close to Publix, Walmart, and endless dining options This rare unit comes with a large private storage room and is in a building that’s just been freshly painted. With an unbeatable combination of location, income, and turnkey condition—this unit checks every box. Priced to sell and primed to perform. Buyer to verify all information during due diligence Buyer to verify all information during due diligence.
Last checked:
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Last updated Jun 17, 2025
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MLS# 380836 —
The Building
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Year Built:1997
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New Construction:false
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Construction Materials:Stucco, P-I-P Reinforced Concrete
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Structure Type:Condo
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Stories:1
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Levels:One
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Exterior Features:Storage
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Entry Level:4
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Building Area Total:1344
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Building Area Units:Square Feet
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Building Area Source:Assessor
Interior
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Interior Features:Breakfast Bar, Ceiling Fan(s), Storage
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Flooring:Carpet, Vinyl
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Kitchen Level:Main
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Furnished:Furnished
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Dining Room Features:Lvg/Dng Combo
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Fireplace:false
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Fireplace Features:None
Room Dimensions
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Living Area:1344
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Living Area Units:Square Feet
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Living Area Source:Assessor
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Kitchen Area:108
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Kitchen Length:9
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Kitchen Width:12
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Master Bedroom Area:180
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Master Bedroom Length:12
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Master Bedroom Width:15
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Bedroom 2 Area:132
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Bedroom 2 Length:11
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Bedroom 3 Length:10
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Bedroom 2 Width:12
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Bedroom 3 Area:120
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Bedroom 3 Width:12
Financial & Terms
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Ownership:Condominium
Location
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Directions:From Hwy 59 in Gulf Shores, East on Beach Blvd/Perdido Beach blvd approx. 6 miles.
The Property
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Property Type:Residential
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Property Subtype:Condominium
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Property Attached:true
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Property Condition:Resale
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Parcel Number:6504170000001.047.910
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Lot Features:Waterfront
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View:true
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View:Direct Gulf Front
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Water Source:Orange Beach Water Auth
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Waterfront:true
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Waterfront Features:Beach Accs (<=1/4 Mi), Beach Side - Building, Gulf Accs (<=1/4 Mi), Gulf Front - Building
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Water Body Name:Gulf of Mexico/America
Listing Agent
- Contact info:
- Agent phone:
- (251) 533-6677
- Office phone:
- (251) 981-2400
Taxes
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Tax Annual Amount:4773
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Tax Legal Description:Unit 401 Emerald Key Condo In City Of Orange Beach Ms94 Pg9 Sec 17-T9s-R5e
Beds
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Bedrooms Total:3
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Bedroom 2 Level:Main
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Bedroom 3 Level:Main
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Master Bedroom Level:Main
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Master Bedroom Features:Walk-In Closet(s)
Baths
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Total Baths:2
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Total Baths:2
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Full Baths:2
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Master Bath Features:Double Vanity
Heating & Cooling
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Heating:Electric
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Heating:true
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Cooling:Ceiling Fan(s)
Utilities
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Utilities:Cable Connected
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Electric:Baldwin EMC
Appliances
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Appliances:Dishwasher, Microwave, Electric Range, Refrigerator, Washer/Dryer Stacked
Schools
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Elementary School:Orange Beach Elementary
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Middle Or Junior School:Orange Beach Middle
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High School:Orange Beach High
The Community
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Subdivision Name:Emerald Key
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Community Features:BBQ Area, Landscaping, Pool - Outdoor
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Association:true
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Association Fee:600
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Association Fee Frequency:Monthly
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Association Fee Includes:Association Management, Cable TV, Maintenance Grounds, Pest Control, Trash, Water/Sewer
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Pool Features:Community
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Subdivision:AL
Parking
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Garage:false
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Carport:false
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Parking Features:Parking Lot
Monthly cost estimate

Asking price
$832,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,455
|
Taxes | $397 |
Insurance | $228 |
HOA fees | $600 |
Utilities | $145 See report |
Total | $5,825/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/17/25
Jun 17, 2025
|
Listed / Active | BCAR | $832,000 | 9.5% (3.7% / YR) |
11/14/22
Nov 14, 2022
|
BCAR | $760,000 |