Phoenix on the Bay Condo
27580 Canal Rd. | Orange Beach, AL 36561

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Phoenix On The Bay I consists of 162 units built in 2004 and located on Wolf Bay. Property amenities include tennis courts, indoor heated pools, bay-front pools, lazy rivers, saunas, hot tubs, kiddie pools, bay-front gazebos, BBQ areas, meeting rooms, and 24-hour security.  Phoenix on the Bay II consists of 104 units and was built in 2007. Phoenix on the Bay II has the same amenities as the first phase and both phases are next to one another.
Phoenix on the Bay I and II, in Terry Cove, are as good as it gets from an investment standpoint for condos not directly on the Gulf of Mexico. It's a straight shot due south to Perdido Pass and the Gulf of Mexico from the Phoenix on the Bay condos. more

 

Floor Plans   3 & 4BR's (1,300 - 2,342 sq.ft.)
Year Built   2004
Number of units   163
Price
   $$$
Rental Revenue   +/- $34,000
Pet Friendly   For Owners

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Current Phoenix on the Bay listings

All Listings $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000 $600,000 - $700,000
9 Properties Found. Showing Page 1 of 1
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Phoenix on the Bay Amenities:

  • Floor to ceiling glass
  • Lazy river
  • Indoor heated pool
  • Outdoor bay front pool
  • Kiddie pool with slide
  • Lighted tennis courts
  • Hot tub
  • Sauna
  • Fitness room
  • Barbeque grills and picinic area
  • Boat slips
  • Putting green
  • 24 hour security
  • WiFi throughout the property

Gulf-front condos are, by far, the best rental revenue producing condos in the area, but there are not condos on the Gulf that offer boat access, except for a handful in Perdido Key that actually sit on the Gulf of Mexico, but have boat facilities across the street. Phoenix on the Bay I & II, however, both have boat slips that are just a short distance from the Gulf of Mexico. The land in this area is very narrow, allowing owners and guests to stay on the Gulf and access their boat with a simple walk across the street. More often than not, buyers are reliant on the rental income to help with ownership costs. We use a basic rule-of-thumb when dealing with condominiums that are not on the Gulf. Typically, a condo on a prime piece of water (not the Gulf) will generate about half that of the same property on the Gulf. However, Phoenix on the Bay is one of the few condos that eclipse this 50% mark and generate a higher annual revenue. We can provide these numbers along with all of the associated costs to help in making an educated decision on which property is right for you. Please email info@condoinvestment.com call 251-Area-Pro (251-273-2776) for immediate assistance.

Phoenix on the Bay Condo Investment Info / Rental Revenue

View RENTAL TIPS to increase your Phoenix on the Bay rental revenue.

2BR Annual rental production: $27,894
3BR Annual rental production: $28,958
Find annual rental income for Phoenix on the Bay and all other Orange Beach & Gulf Shores condos.

  

The data relating to real estate for sale on this website comes from the Baldwin County Association Of REALTORS®. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on February 23rd, 2019 at 11:46am CST.