Beachside Office
24770 Perdido Beach Blvd Orange Beach, AL 36561
For Sale
Contact for pricing
Business-zoned office includes private offices and a training room, plus kitchen and shared amenities.
Property Size1,923 SF
Price / SF$337.96
Days on Market70
Property Features for 24770 Perdido Beach Blvd
General Information
Standard status
Active
Size
1,923 SF
Property subtype
OFFICE
Listing Agency:
Marmac Real Estate Coastal
(251) 979-2250
Listed By:
Gary Sparks · License #109232
(251) 979-2250
Source:
Moodyscre
Added: May 22
Changed: Jul 26
Last Checked: Jul 29 at 1:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marmac Real Estate Coastal
Investment Insights
Based on property information with market context.
Beachside office building currently operating as a real estate brokerage, with five years of established use. The space is zoned for business and comes with access to the shared amenities offered with a neighboring condo building, including additional bathrooms, a gym, a sauna, an indoor pool, and a hot tub.
Inside, the office features one bathroom and a kitchen. Off the hallway, there is a closet for extra storage, along with two large rooms designed to support additional workspace. The layout also includes two private offices with their own doors, a printer/copier room, and a large training room in the middle of the building.
The property is located at 24770 Perdido Beach Blvd in Orange Beach, Alabama. Buyer and/or Buyer’s Representative should verify all information during due diligence.
Inside, the office features one bathroom and a kitchen. Off the hallway, there is a closet for extra storage, along with two large rooms designed to support additional workspace. The layout also includes two private offices with their own doors, a printer/copier room, and a large training room in the middle of the building.
The property is located at 24770 Perdido Beach Blvd in Orange Beach, Alabama. Buyer and/or Buyer’s Representative should verify all information during due diligence.
Key Highlights
- Business‑zoned office building used as a real estate brokerage for the past five years
- Includes 2 private offices with their own doors
- Large central training room, plus 2 large rooms down the hallway for additional workspace
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.9k | $19.20 |
| − Vacancy | −$7.0k | −$3.65 |
| EGI | $29.9k | $15.55 |
| − OpEx | −$7.5k | −$3.89 |
| NOI | $22.4k | $11.66 |
1,923 SF · lease $19.20/SF/yr · vacancy 19.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$320.4K
$280.4K – $373.8K
NOI $22,430 @ 7.0% cap · market cap 3.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$462.4K
$404.6K – $539.5K
NOI $32,371 @ 7.0% cap · market cap 4.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Business-zoned office includes private offices and a training room, plus kitchen and shared amenities.
Where is this office building located?
The property is located at 24770 Perdido Beach Blvd Orange Beach, AL.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Business‑zoned office building used as a real estate brokerage for the past five years; Includes 2 private offices with their own doors; Large central training room, plus 2 large rooms down the hallway for additional workspace
