Professional Office Condo
27269 Perdido Beach Boulevard B3-1B Orange Beach, AL 36561
27269 Perdido Beach Boulevard B3-1B, Orange Beach, AL, 36561
$200,000
For Sale
$200,000
Upstairs office condo offers a large open work area and a kitchen/breakroom within approximately 585 SF.
Property Size585 SF
Price / SF$341.88
Days on Market38
Property Features for 27269 Perdido Beach Boulevard B3-1B
General Information
- Standard status
- Active
- Size
- 585 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1998
Listing Agency
RE/MAX Partners
(251) 454-1987
Listed by
Leigh Hill · License #8931
(251) 454-1987
Source
Exitrealty
Added: Jun 10 Checked: Jul 16 at 6:50 am
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 RE/MAX Partners
Investment Insights
Based on property information with market context.
This upstairs office condo suite is approximately 585 SF and includes a large open office area plus a kitchen/breakroom. The layout is well suited for professional services that benefit from an open work configuration with an included break space.
Located at San Roc Cay on Perdido Beach Boulevard in Orange Beach, the suite offers convenient nearby parking and easy access for residents, visitors, and local businesses.
Offered for sale, the property can work for an owner-user or an investor seeking a compact professional office space.
Located at San Roc Cay on Perdido Beach Boulevard in Orange Beach, the suite offers convenient nearby parking and easy access for residents, visitors, and local businesses.
Offered for sale, the property can work for an owner-user or an investor seeking a compact professional office space.
Key Highlights
- Upstairs office condo in San Roc Cay with year built 1998
- Approximately 585 SF with a large open office area
- Includes a kitchen/breakroom within the 585 SF office space
Local 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 | $11.2k | $19.20 |
| − Vacancy | −$2.1k | −$3.65 |
| EGI | $9.1k | $15.55 |
| − OpEx | −$2.3k | −$3.89 |
| NOI | $6.8k | $11.66 |
585 SF · lease $19.20/SF/yr · vacancy 19.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$97.5K
$85.3K – $113.7K
NOI $6,823 @ 7.0% cap · market cap 3.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$140.7K
$123.1K – $164.1K
NOI $9,848 @ 7.0% cap · market cap 4.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Upstairs office condo offers a large open work area and a kitchen/breakroom within approximately 585 SF.
Where is this office units located?
The property is located at 27269 Perdido Beach Boulevard B3-1B Orange Beach, AL.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Upstairs office condo in San Roc Cay with year built 1998; Approximately 585 SF with a large open office area; Includes a kitchen/breakroom within the 585 SF office space
