Orange Beach Condo Market Report – Last 90 Days

Posted by Meredith Folger Amon on Thursday, May 8th, 2025  8:21pm.




Orange Beach Condo Market Report – Last 90 Days

By Meredith Amon, Licensed in Alabama and Florida

Orange Beach Alabama Condo Market Real Estate


Market Overview: March – May 2025

Active Listings

Sold Listings (Past 90 Days)

Price Per Square Foot (PPSF):


Key Insights

Luxury Market Still Strong

Luxury condos in prime buildings like Phoenix OB II, Phoenix Gulf Towers, Turquoise Place, and The Yacht Club are maintaining high prices per square foot – often exceeding $750/sq ft, with a few topping $850/sq ft. For example:

Insight for Buyers: If you're purchasing for appreciation and rental performance, these newer, high-demand buildings continue to deliver long-term value. But be ready to compete or pay close to ask if turnkey.

Contact Meredith Amon Gulf Coast Realtor

Mid-Market Cooling Slightly

Condos between $500K–$800K remain a large and active segment, but days on market are increasing. Examples include:

Tip for Sellers: Units in this segment should highlight updated interiors and strong rental performance. Buyers have options, and presentation is key.

Entry-Level & Investment Units Under $400K

Smaller condos such as Sugar Beach, Palmetto, Lei Lani, and Seaside Beach continue to move quickly, particularly for buyers prioritizing short-term rental ROI or affordability:

Investor Insight: These are often cash purchases and offer some of the highest cap rates, though they require management and may face more wear-and-tear from turnover.

Orange Beach Alabama


Buyer Trends & Demand Sources

Buyers are largely:

Quote from a recent neighbor:
"We’ve had more Midwest traffic this spring than ever before. They’re looking to escape the cold and own something they can enjoy and rent out too."


Absorption Rate & Inventory Pressure

This shows a significant buyer’s market with abundant inventory, giving buyers more negotiating power and room for price adjustments.

Tip for Sellers: Price precisely from day one. Overpricing = extended DOM = stale listing.

Orange Beach Alabama Condos Real Estate Review


Predictions for Summer 2025


My Suggestions

For Sellers:

For Buyers:


The Orange Beach condo market is transitioning, but it’s full of opportunity. If you're thinking about buying, selling, or investing on the Gulf Coast, I’d love to help you navigate the process. You can explore all current listings at:

www.searchthegulf.com

 

SEARCH ORANGE BEACH CONDOS FOR SALE

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26800 Perdido Beach Boulevard Unit 102, Orange Beach

$579,900

↓ $20,000

26800 Perdido Beach Boulevard Unit 102, Orange Beach

1 Bed 2 Baths 801 SqFt Residential MLS® # 370200

Dolphin Cove Realty LLC

24160 Perdido Beach Boulevard Unit 2043, Orange Beach

$579,000

24160 Perdido Beach Boulevard Unit 2043, Orange Beach

2 Beds 2 Baths 910 SqFt Residential MLS® # 385194

Bellator Real Estate LLC Gulf PHONE: 251-747-1723

24230 Perdido Beach Boulevard Unit 3014, Orange Beach

$575,000

↓ $14,000

24230 Perdido Beach Boulevard Unit 3014, Orange Beach

2 Beds 2 Baths 926 SqFt Residential MLS® # 377392

Brett R/E Robinson Dev OB Main: 251-981-6180

24400 Perdido Beach Boulevard Unit 1510, Orange Beach

$570,000

↓ $15,000

24400 Perdido Beach Boulevard Unit 1510, Orange Beach

2 Beds 2 Baths 1,064 SqFt Residential MLS® # 363884

Brett R/E Robinson Dev OB Main: 251-981-6180

4851 Wharf Parkway Unit 908, Orange Beach

$569,900

↓ $5,000

4851 Wharf Parkway Unit 908, Orange Beach

2 Beds 2 Baths 1,325 SqFt Residential MLS® # 384623

Young's Suncoast Realty

28783 Perdido Beach Boulevard Unit 512n, Orange Beach

$569,900

28783 Perdido Beach Boulevard Unit 512n, Orange Beach

2 Beds 2 Baths 1,060 SqFt Residential MLS® # 379347

RE/MAX of Orange Beach 251-240-5287

24400 Perdido Beach Boulevard Unit 304, Orange Beach

$569,000

↓ $21,000

24400 Perdido Beach Boulevard Unit 304, Orange Beach

2 Beds 2 Baths 1,064 SqFt Residential MLS® # 386137

Brett R/E Robinson Dev OB Main: 251-981-6180

24230 Perdido Beach Boulevard Unit 3086, Orange Beach

$569,000

24230 Perdido Beach Boulevard Unit 3086, Orange Beach

2 Beds 2 Baths 926 SqFt Residential MLS® # 386209

Vicki Lynn Real Estate

24160 Perdido Beach Boulevard Unit 2073, Orange Beach

$564,000

↓ $10,000

24160 Perdido Beach Boulevard Unit 2073, Orange Beach

2 Beds 2 Baths 910 SqFt Residential MLS® # 371392

eXp Realty Southern Branch PHONE: 251-550-3730

26800 Perdido Beach Boulevard Unit 6-702, Orange Beach

$560,000

26800 Perdido Beach Boulevard Unit 6-702, Orange Beach

1 Bed 1 Bath 800 SqFt Residential MLS® # 384586

Brett R/E Robinson Dev OB Main: 251-981-6180

27008 Perdido Beach Boulevard Unit 205, Orange Beach

$559,000

↓ $20,900

27008 Perdido Beach Boulevard Unit 205, Orange Beach

1 Bed 1 Bath 801 SqFt Residential MLS® # 370197

Dolphin Cove Realty LLC

27008 Perdido Beach Boulevard Unit 505, Orange Beach

$559,000

↓ $20,900

27008 Perdido Beach Boulevard Unit 505, Orange Beach

1 Bed 1 Bath 801 SqFt Residential MLS® # 370199

Dolphin Cove Realty LLC

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