Description
LOWEST PRICED UNIT IN THE BUILDING – $26,497 IN RENTAL INCOME ON THE BOOKS FOR THE NEW OWNER Direct Gulf Front 2 Bedroom / 2 Bathroom lower-level unit at The Palms Condominium in Orange Beach. This unit features unobstructed Gulf views and a large private balcony with direct views of the Gulf of America. Interior features include shiplap accents, tile flooring, updated fixtures, a spacious kitchen with granite countertops and stainless steel appliances, It also features an exterior storage room located on the oversized balcony. The Palms recently completed major building renovations and improvements including: New balconies New windows and sliders New roof Refurbished stucco Updated glass systems Refinished tennis courts Amenities include: Gulf-front outdoor pool Indoor pool & spa Fitness center Tennis court Low-density complex Large private balconies Gulf-front primary suites Prime Orange Beach location close to restaurants, shopping, entertainment, and marinas. Unit was self-managed with strong rental history and currently has $26,497 in rental income on the books for the new owner. Buyer to verify all information during due diligence period.
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2BEDS
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N/AACRES
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2BATHS
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01/2 BATHS
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1,223SQFT
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$540$/SQFT
School Information
Description
LOWEST PRICED UNIT IN THE BUILDING – $26,497 IN RENTAL INCOME ON THE BOOKS FOR THE NEW OWNER Direct Gulf Front 2 Bedroom / 2 Bathroom lower-level unit at The Palms Condominium in Orange Beach. This unit features unobstructed Gulf views and a large private balcony with direct views of the Gulf of America. Interior features include shiplap accents, tile flooring, updated fixtures, a spacious kitchen with granite countertops and stainless steel appliances, It also features an exterior storage room located on the oversized balcony. The Palms recently completed major building renovations and improvements including: New balconies New windows and sliders New roof Refurbished stucco Updated glass systems Refinished tennis courts Amenities include: Gulf-front outdoor pool Indoor pool & spa Fitness center Tennis court Low-density complex Large private balconies Gulf-front primary suites Prime Orange Beach location close to restaurants, shopping, entertainment, and marinas. Unit was self-managed with strong rental history and currently has $26,497 in rental income on the books for the new owner. Buyer to verify all information during due diligence period.
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