$2,275,000 Price Analysis    ♡   Orange Beach, AL 36561 10 bed 7 bath 5,300 SqFt ($429/SqFt) 0.64 acre lot. Built 2006 Listed 2024-05-05, Taxes $9,376 | May be USDA loan restricted due to income limits near Orange Beach |
Exceptional Income-Producing Gem in Orange Beach Nestled along the prestigious Marina Road
This unique property stands out as a beacon of opportunity. Boasting two transferable short-term residential rental licenses, this duplex has incredible potential. For those who cherish boating adventures, tw secure 20x50 deep water boat slips await. Custom cabinets embellished with granite countertops grace the kitchens and baths, complemented by gleaming stainless steel appliances and exquisite crown moulding. Master bedrooms offer balconies overlooking the canal, complemented by walk-in showers and indulgent Jacuzzi tubs. Each unit boasts three furnished balconies offering stunning views of the waterway, while a furnished gazebo and beach area provide the perfect spots to unwind and soak in the serene atmosphere. For outdoor enthusiasts, a fish cleaning station awaits your catch of the day, complemented by newly upgraded wrap-around decking ideal for lazy afternoons basking in the sun.
A covered grilling area sets the s tage for al fresco dining under starlit skies. The meticulously landscaped grounds feature underground irrigation fed by a well pump, ensuring lush greenery year-round. Situated less than a mile from OBA's finest beaches, parks, restaurants and shopping destinations, this property offers unparalleled convenience. Only minutes to Open Water, Perdido Pass and Orange Beach Marina. Fishing enthusiasts will delight in the refrigerator room equipped with a commercial ice maker and big freezers and refrigerators. An air-conditioned tackle rigging room adds to the appeal for those seeking adventure on the open waters. Ample parking space for large vehicles and trailers enhances functionality while catering to rental guests or hosting lively outdoor gatherings. Experience coastal living at its finest in this idyllic retreat that seamlessly blends comfort with classic coastal charm. Buyer to verify all information during due diligence.
Presented by Holli Revell at
Wellhouse Real Estate, LLC.
Property MLS #361936 from BaldwinREALTORS
Dishwasher
Disposal
Dryer
Icemaker
Microwave
Range-Electric
Smoke Detector
Washer
Flooring: Carpet, Tile
Central Heat
Bay Access (Wlk <=1/4 Mi)
Bayou Accs (Wlk <=1/4 Mi)
Canal Front - Building
Creek Accs (Wlk <=1/4 Mi)
Lagoon Front - Building
Waterfront Feet: 200
Boat Features: Boat Dock, Boat Lift, Covered, Power Available, Water Available, Water Depth (4 ft+)
Lot Size Square Feet: 27878
Internet
Irrigation Sprinkler
Porch-Front
Porch-Back
Calculated Total Monthly Association Fees: 0
High School: Orange Beach
Middle School: Orange Beach Middle
Map directionsSource Listing Status: Active
County: Baldwin
Directions: Turn onto Marina Rd. off Highway 161. It will be the second house on the left grayish blue duplex with circular Drive.
Source Property Type: Multi-Family
Source Neighborhood: Terry Cove
Parcel Number: 65-02-09-0-001-022.000
Subdivision: Terry Cove
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $293,020 | $9,376 |
| 2021 | $unknown + $unknown $293,020 | $6,583 |
| 2020 | $unknown + $unknown $214,660 | $6,910 |
| 2019 | $unknown + $unknown $177,820 | $5,737 |
| 2018 | $unknown + $unknown $157,120 | $5,072 |
| 2017 | $unknown + $unknown $163,720 | $5,285 |
| 2016 | $unknown + $unknown $150,200 | $4,826 |
| 2015 | $unknown + $unknown $148,440 | $4,750 |
| 2014 | $unknown + $unknown $117,140 | $3,767 |
| 2013 | $unknown + $unknown $139,060 | $4,469 |
| 2012 | $unknown + $unknown $139,720 | $4,490 |
| 2011 | $unknown + $unknown $145,380 | $4,652 |
| 2010 | $unknown + $unknown $161,980 | $5,345 |
| 2009 | $unknown + $unknown $173,820 | $5,562 |
| 2008 | $unknown + $unknown $202,020 | $6,464 |
| 2007 | $unknown + $unknown $157,300 | $5,033 |
$2,275,000
BaldwinREALTORS
Listed 2024-05-05
$2,550,000
BaldwinREALTORS
Listing removed 2024-03-18
$0
ValleyMLS
Listed 2024-02-16
$1
ValleyMLS
Listing removed 2023-10-30
$0
BaldwinREALTORS
Listed 2023-08-30
$2,800,000
BaldwinREALTORS
Sold 2014-10-10
$700,000
Public Record
Sold 2013-11-27
$400,000
Public Record
Listing removed 2011-11-08
$695,000
BaldwinREALTORS
Listed 2011-09-08
$695,000
BaldwinREALTORS
Sold 2006-07-06
$925,500
Public Record
Sold 2004-12-27
$475,000
Public Record
Building Exterior Type: Hardboard
Foundation Details: Pilings, Wood Frame
Property Age: 18
Roof: Metal
House Style: Multi-Story
Water-City
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.