Designed by Forrest Daniell & Associates this high rise looks like turquoise waves, reflecting the organic pattern of the ocean, shimmering with luxurious contours and glistening with  a feel of certain lavishness,  the  23 and the 30  story glass towers are imposing architectural structures that  dominate the Orange Beach skyline with its impressive  design and its distinct profile.

 

This curvaceous structure even featured on the cover of the Architectural Digest in 2011.

http://www.oceanhomemag.com/April-May-2012/Alabamas-Turquoise-Place/

Features and Current Market update:

Out of the total 400 units in Buildings C& D there are 26 active listings for sale on MLS  as of today. Check out  all the active listings in the link below:

http://www.ericksisland.com/AR422011/ListingSearch/load_saved_search/?ss_id=5095657

Price ranging from $ 995,000 for 3/3.5 with average asking price /sq. ft of $534.

As of 10/30/2014  3 units are under contract

30 units closed in the past 6 months with total closed price volume of $34,408,000.

Average close price /sq. ft of $461 of which 40% were cash buyers.

Quality equates to good income with average for 3 BR $ 90,000, 4 BR $ 110,000.

Investors are flocking to this high end product due to income to purchase price ratios and strong potential equity gain.

As always I am here to give you frequent market updates, my knowledge of the Gulf Coast is unparalleled and yes I enjoy finding that perfect condominium for you.

Call me at 251-942-5744 for any information you may need. 

“Like” my Face book page: https://www.facebook.com/pages/Erick-Haffner-Broker-Associate-at-Realty-Executives-Gulf-Coast/270830902935574?ref=hl

E-mail: ehaffner@gulftel.com

Erick Haffner
Associate Broker
Realty Executives Gulf Coast
3479 Gulf Shores Pkwy Suite B
Gulf Shores, AL 36542
Phone: (251) 942-5744
Email: ehaffner@gulftel.com

website: www.ericksisland.com

* Information collected from various sources*