25293 Perdido Beach Boulevard , #24

Description

Nestled in Orange Beach, Alabama's idyllic Mariner Lakes community, this two-story, two-bedroom, two-and-a-half-bath condo embodies coastal comfort. As you enter the 1,132-square-foot space, you're immediately welcomed into a cozy living room, equipped with an electric fireplace and large flat-screen TV, which seamlessly transitions into a well-appointed galley-style kitchen. The adjacent dining area accommodates up to six guests and is further complemented by two bar stools. A conveniently located hallway near the staircase houses an owner's closet, a half bath, and a laundry nook complete with a stackable washer and dryer. The second floor features two ensuite bedrooms: the primary bedroom, boasting a king-size bed and a well-lit vanity area, offers views of the community pool, while the guest bedroom has a queen-size bed and overlooks the verdant Gulf State Park. Additional amenities include a spacious 19-foot-deep garage with a newly upgraded golf cart, a fully stocked mini-fridge, multiple bicycles, and abundant beach gear. Recent updates for this unit include a new roof and exterior siding in 2021, New HVAC and flooring, an upgraded golf cart, popcorn ceiling & skylights removed and repaintedin May of 2022, and all new kitchen appliances as of June 2023. This self-managed vacation rental has consistently generated significant income as an investment, earning $37,678 in 2021, $31,748 in 2022, and $33,795 in 2023. Mariner Lakes stands out as a serene and well-situated community, positioned directly across from the Gulf's emerald waters and pristine beaches and bordered by some of the area's best walking and biking trails. Furthermore, its strategic location ensures convenient access to dining, shopping, and entertainment options, making it both an ideal residence and a lucrative investment opportunity.