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27267 Perdido Beach Blvd
Orange Beach, AL 36561

$1,163,620 USD

Office Residential Condo For Sale  •  3,188 SF

Property Details

  • Property Type Office Residential
  • Total Building Size 14,417 SF
  • Lot Size 3.76 AC
  • Building Class B
  • Year Built 1998
  • Cap Rate 5.32 %
  • Tenancy Multiple
  • Zoning Entertainment District
0 Transit Score
45 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 1 Office/Retail 3,188 SF $1,163,620 USD
  • Unit Size: 3,188 SF
  • Condo Use: Office/Retail
  • Price: $1,163,620 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $365.00 USD
Description
SanRoc Cay Marina is a mixed-use destination along Perdido Beach Boulevard, combining ground-level shops and restaurants with office and residential condominiums above. The development draws steady foot traffic from popular establishments such as Louisiana Lagniappe, Pelican Grill, Pizza at the Pass, Serenity at the Beach Salon & Spa, and the Tipsy Pelican outdoor bar. The property benefits from ample surface and underground parking, as well as direct access to the marina, which supports charter fishing boats, dolphin cruises, and the Reel Surprise Dock Store—offering fuel, bait, ice, and boating necessities.

The marina and retail center creates a vibrant coastal district blending shopping, dining, entertainment, and waterfront recreation. Boutiques add variety with resort wear, swimwear, jewelry, and specialty fashion. The courtyard at the heart of the property serves as a central gathering space, highlighted by live music events, the Tipsy Pelican bar, and the Silver Sailfish statue—a well-known local landmark and photo spot.

Located in Baldwin County on Alabama’s Gulf Coast, Orange Beach is a thriving resort city with about 8,095 residents (2020 census). Its population swells to over 100,000 during peak tourist season, driven by its 32 miles of sugar-white sand beaches, Gulf State Park’s 6,000 acres of trails and fishing pier, and attractions like The Wharf entertainment district. Known for both tourism and retirement appeal, Orange Beach offers a moderate cost of living, favorable tax benefits, and a high percentage of retirees (28.5% of residents are 65+).

Description

This investment presents a rare opportunity to acquire a fully leased retail condominium package within SanRoc Cay Marina, a designated Waterfront Entertainment District in Orange Beach, Alabama. The offering is comprised of a fully leased commercial or residential space currently occupied by Serenity at the Beach Salon & Spa, a well-established salon and spa serving both local residents and Orange Beach’s strong tourism market. The suite totals approximately 3,188 square feet and features a well-designed layout that includes multiple private rooms, service areas, reception and retail display space, waiting lounge, and private restroom facilities. The functional floor plan supports a wide range of services while providing an efficient workflow for daily operations.

Property Flyers

Cap Rate: 5.32 %

Major Tenants

Tenant SF Occupied Lease End Date
Serenity at the Beach Salon & Spa

Amenities

  • Courtyard
  • Restaurant
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Pensacola International 53 min - 29.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Mitch Holliman 251-979-8155 Dolphin Cove Realty
Mitch Holliman 251-979-8155 Dolphin Cove Realty