
For Sale



28107 Perdido Beach Blvd APT D209, Orange Beach, AL, 36561
Investment at a glance
Annual Revenue
$83K
Gross Yield
11.7%
Occupancy
60%
Cap Rate
7.0%
NEW PRICE, NEW LISTING & one of the BEST VALUES at Caribe! Welcome to D209, a spacious 1,602 SF corner unit offering a rare combination of Orange Beach’s most amenity-packed resorts: situated on a 30 acre waterfront setting, convenient second-floor location, beautiful Old River views & an aggressive $715,000 price. Located on the far east end of D Tower, D209 feels tucked away from the center of the resort activity while still putting ALL of Caribe’s incredible amenities right outside your door. Step onto the oversized 329 SF balcony & enjoy views of Old River, Ono Island & Perdido Bay while watching the boats cruise by. The low-floor location keeps you close to the water & offers the everyday convenience of being on the second floor—an especially nice feature in a large resort complex. Inside, the furnished condo features an open living and dining area, granite countertops, KitchenAid appliances, a wet bar w/ ice maker & beverage cooler. Tile flooring throughout the main living areas w/ laminate flooring in the bedrooms, The spacious primary suite includes a walk-in closet, jetted tub & separate shower, while the guest bedroom is furnished w/ two queen beds. With the sleeper sofa, D209 can accommodate up to 8 guests. A dedicated covered parking space on the ground level of D Tower is another great convenience as well as locked owner's closet inside the unit. Caribe is a luxury resort w/ unmatched amenities along the Alabama Gulf Coast boasting 3 indoor & 7 outdoor pools, 980 feet lazy river, waterslides, hot tubs, poolside cabanas, tiki bar, multiple fitness centers, saunas, steam rooms, tennis, pickleball, basketball & bocce courts, mini golf/putting, game room, grilling areas, dog park (for owners), fishing pier, full-service marina & boat-slip rental opportunities. Caribe also offers gated security, on-site management, dining next door at Cobalt, café/coffee shop & shopping, plus beach trolley service to the State Park Beach.
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