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5 Beds
5 Baths
3,005 sqft

$2,830,000

29040 Perdido Beach Boulevard Unit: 24B2, Orange Beach AL, 36561

Price per sqft$941.76
Built in2026
Property size3,005 sqft
Property typeResidential

Overview

Active

Listed Jul 2, 2026

Updated Aug 4

Phoenix Key in Orange Beach is Brett/Robinson’s newest luxury Gulf-front development and one of the most compelling pre-construction opportunities on the Alabama Gulf Coast, with completion scheduled for the end of 2026. This exclusive 56-unit tower is topped out and now in the final phase before delivery, creating a rare opportunity to secure current pricing ahead of completion. Unit 24B2 is currently priced at $2,830,000, approximately $942 per square foot, while comparable luxury resales in the market are now exceeding $1,100+ per square foot, creating a pricing advantage relative to today’s market. With similar product projected to trade north of $3 million upon completion, buyers have the opportunity to secure built-in equity at today’s pricing while positioning for additional upside as the project nears delivery. Designed for both luxury and income performance, this 5-bedroom, 5-bath residence spans 3,005 square feet and features high-end designer finishes, floor-to-ceiling glass, and an oversized Gulf-front balcony complete with an electric grill and private hot tub. Phoenix Key offers a low-density ownership experience with premium amenities including indoor and outdoor pools, a fitness center, owner storage, and secured covered parking. For investors, projected gross rental income is approximately $200,000 annually, paired with a reduced 5% management fee for the first two years through Brett/Robinson’s rental program. With construction entering the home stretch and pricing expected to continue rising, this is an opportunity to secure a premium Gulf-front asset below current comparable pricing and benefit from the final phase of appreciation before delivery. This is an equitable interest listing where seller is selling only an option contract. Buyer/Buyers agent to verify all information during due diligence. Buyer to verify all information during due diligence.

$18,828/mo

Est. mortgage payment based on a $2,830,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
388328

Interior Features

Bedrooms
5
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Association Fee Frequency
Monthly
View
Yes

Courtesy of Brett R/E Robinson Dev OB, Michael Nehls

Listing Contact: Main: 251-981-6180 

The data relating to real estate for sale on this web site comes in part from the Baldwin County Association of REALTORS.  Real estate listings held by brokerage firms other than Top Tier Team are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Top Tier Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data on this page was last updated on 8/4/2026.

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