27120 Perdido Beach Blvd Unit 15C2, Orange Beach, AL 36561

Property Description

15th FLOOR, GULF FRONT CONDO (top, penthouse-level) one-bedroom, one-bath condo at the Phoenix East II. This unit has stunning, unobstructed panoramic views of the Gulf and Perdido Pass directly from the private balcony. Priced attractively to reflect the opportunity for personal updates & enhancements, it presents excellent value for a buyer seeking a beach retreat or investment property in a prime location. The unit has 9' ceilings, comfortably sleeps up to 6 and features a spacious living area, Lazy-Boy pull-out couch equipped with a memory foam mattress, a full-size Murphy bed for flexible sleeping arrangements, and direct bedroom access to the full bathroom for added convenience. Additional highlights include an in-unit full-size washer and dryer in a dedicated laundry closet, granite countertops in the kitchen and bathroom, and stainless steel refrigerator, microwave, and oven/stove (all approximately 5 years old). The A/C system was replaced in 2020! Currently operating as a successful vacation rental, this unit has demonstrated strong performance with 2025 gross rental income of $37,058 and current 2026 bookings already at $14,179 and continuing to build. Phoenix East II offers an impressive array of resort-style amenities, including direct beach access via a private boardwalk, outdoor zero-entry pool, heated indoor pool, hot tub, sauna, fitness center, tennis courts, basketball court, and picnic/grilling areas. Buyer to verify all information during due diligence.