Turquoise Place Market Update: Luxury Gulf-Front Condo Trends in Orange Beach
By Meredith Amon, Licensed in Alabama and Florida
Turquoise Place remains one of the most sought-after luxury condominium developments on the Alabama Gulf Coast, offering direct Gulf-front views, high-end amenities, and spacious floor plans that feel more like private homes than traditional condos. As a real estate advisor with a strong connection to the Orange Beach market, I’ve been tracking the latest activity—and there are a few key insights to share with you.
Recent Market Activity – April 2025 Snapshot
Over the last 60 days, we've seen strong movement in Turquoise Place, with:
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6 condos closed
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2 condos under contract
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21 currently active listings
Closed Sales Breakdown
Here’s what stands out from the six recent sales:
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Average Sold Price: $1,809,917
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Price Per Square Foot: $661.33
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Average Days on Market: Just 34 days, showing steady demand
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Largest Closed Sale: $3,350,000 for a 4-bedroom unit with 4,756 sq ft
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Lowest Closed Sale: $1,480,000 for a 3-bedroom, 2,301 sq ft unit
Most of these units were sold fully furnished and offered direct Gulf views.
Active Listings Overview
Among the 21 active listings:
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List Prices range from $1.56M to $4.75M
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Price Per Square Foot averages $793.59
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The highest-priced unit is a top-floor 4-bedroom with 4,756 sq ft, listed at $4.75M
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Most units fall in the $1.6M–$2.8M range and hover between $700–$850 per square foot
Interestingly, many active listings have been on the market over 100 days, giving buyers leverage to negotiate.
Pending Contracts
Two condos are currently under contract:
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A 3-bedroom unit listed at $1,585,000 ($688/sq ft)
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A 4-bedroom corner unit at $3,300,000 ($941/sq ft)
These numbers suggest that updated, high-floor units continue to command premium pricing—especially when combined with desirable views and minimal days on the market.
Why Buyers Love Turquoise Place
Turquoise Place offers what many Gulf Coast buyers are looking for:
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Expansive Gulf-front balconies with private hot tubs and grills
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Indoor and outdoor pools, lazy river, sauna, steam rooms
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Full-time security and concierge services
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Concrete and glass construction with hurricane-rated windows
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Gold Fortified standards and excellent rental potential
Whether you’re looking for a private beach getaway or a high-performing rental investment, Turquoise Place offers a unique blend of resort-style living and long-term value.
Meredith's Market Insight
As we step into spring and early summer, the luxury condo market in Orange Beach is active—but buyers are increasingly selective. Properties that are priced right and updated are moving quickly. However, with over 20 active listings at Turquoise Place, there is room to negotiate in many cases, especially for cash buyers or those with flexible timelines.
“I always tell my buyers—know your numbers, be ready to move, and don’t overlook properties that may just need minor updates. That’s where the value lives.”
Thinking of Buying or Selling at Turquoise Place?
With over 20 years of experience in luxury real estate and deep local knowledge of the Gulf Coast market, I can help you strategically buy or sell at Turquoise Place. Whether you're interested in a Gulf-facing penthouse or a prime rental performer, let's talk about your goals and how to make the most of the current market.
Search current listings here:
www.searchthegulf.com
Orange Beach Luxury STR Performance: What I’m Seeing Right Now (Turquoise Place, Phoenix Orange Beach II & Sister Towers)
When it comes to finding the home of your dreams in a fast-paced market, knowing about new listings as soon as they are available is part of our competitive advantage.Sign up to see new listings in an area or specific community. Contact Meredith with any questions you may have.SEARCH TURQUOISE PLACE CONDOS FOR SALE
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