STUNNING TOP FLOOR PENTHOUSE with extensive 2025 upgrades! Beautifully re-imagined with a fresh, elevated coastal style, this 3- bedroom residence at Phoenix on the Bay offers the perfect blend of luxury, comfort and waterfront living. Thoughtful updates throughout have completely transformed the interior, creating a sophisticated yet relaxed retreat overlooking Terry Cove. The 2025 improvements include new HVAC system, fresh interior paint throughout, quartz countertops, new cabinet fronts and hardware in the kitchen and bathrooms, tile backsplash in kitchen and bar, all new lighting and fans, a new shiplap accent wall, new refrigerator, beverage refrigerator, new washer and dryer and window treatments. The beautifully curated designer furnishings are sold separately. Enjoy the private balcony overlooking the water, plus a 40' deeded boat slip with 20,000 lb lift and a private 2 car garage close to the elevator. Additional exterior storage unit is located on the same floor as the unit. Resort amenities include a lazy river, indoor and outdoor pools, hot tub, tennis courts, fish cleaning station, boat launch and more. Rentals are allowed, but this unit is a second home and has never been rented. Listing agent must be present for all showings.
Single-familyProperty Type
2003Year Built
$726Price/Sq.Ft.
$1,524/moHOA Dues
1 car garageParking
Listed by Katy Elliott• Coastal Living Properties, LLC
Bought with Kenneth "KD" Edenfield• Wellhouse Real Estate
Est. $3,342 per month, based on comparable rentals
Sale and tax history for 27580 Canal Rd #1502
Sale History
Tax History
Date
Event
Price
BCAR #407072
Sep 22, 2026
Sold
$1,475,000
$726/sq ft
Sep 15, 2026
Pending
—
Aug 24, 2026
Contingent
—
Aug 15, 2026
Listed
$1,550,000
$763/sq ft
BCAR #377058
Jun 25, 2025
Sold
$1,450,000
$714/sq ft
Jun 16, 2025
Pending
—
Jun 6, 2025
Contingent
—
May 20, 2025
Price Changed
$1,485,000
$731/sq ft
Apr 4, 2025
Listed
$1,525,000
$750/sq ft
+45
PRIME DEEDED PRIVATE GARAGE and DEEDED BOAT SLIP included! This luxurious top floor penthouse has a 40-foot boat slip (#92) with 20,000 lb. boat lift that can be seen directly from the unit's balcony. It also has a private garage (G3) with room for two vehicles and a private parking spot that is close to the elevator. The whole unit has been recently remodeled and check out the new layout in the beautifully designed kitchen with stainless steel appliances! This unit has been a second home and not on a rental program, but rentals are allowed. Plenty of extra storage in the garage and there is an exterior storage unit on the same floor as the condo. There are incredible amenities at this resort complex including a mini water park with lazy river, indoor and outdoor pool, hot tub, exercise room, putting green, a boat launch, fish cleaning station and more. Imagine sipping your coffee on your private balcony with unobstructed views of Terry Cove directly out to the Gulf of America and then hopping on your boat for a relaxing day on the water! These middle units have the best views in the whole complex with this one being at the very top! Since they purchased in 2022, the last time a middle unit hit the market was 2019, which goes to show how they rarely come on the market! Listing agent must be present for all showings. Buyer to verify all information during due diligence. The furnishings are negotiable. Accent wall behind dining room table can be taken down if new owner does not like it. New 5 ton AC unit installed May 2025 with 10 year warranty.
BCAR #357552
Aug 30, 2024
Price Changed
$1,520,000
$748/sq ft
Jun 19, 2024
Price Changed
$1,595,000
$785/sq ft
Feb 9, 2024
Listed
$1,650,000
$812/sq ft
BCAR #350512
Dec 5, 2023
Price Changed
$1,650,000
$812/sq ft
Sep 26, 2023
Price Changed
$1,695,000
$834/sq ft
Aug 19, 2023
Listed
$1,750,000
$861/sq ft
BCAR #339212
Dec 2, 2022
Sold
$1,425,000
$701/sq ft
Nov 29, 2022
Delisted
—
Nov 29, 2022
Listed
$1,500,000
$738/sq ft
BCAR #279790
May 13, 2019
Sold
$694,000
$342/sq ft
Feb 15, 2019
Listed
$699,900
$344/sq ft
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Condo/Co-op
County
Baldwin County
APN
65-02-12-0-000-100.000914
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Aug 15, 2026.
MR
AIRPORT HEIGHT OVERLAY DISTRICT
Marine Resort District
This District is intended to provide waterway adjacent locations suitable for resort marinas, including boat docking, mooring, and storage facilities (wet and dry) for pleasure craft and charter fishing boats. These marinas may also provide facilities for the repair, fueling, and maintenance of these boats. This District will also allow restaurants, shops, and services which cater to the marina trade, but these businesses must be located in conjunction with and contained within a marina complex. This District will also allow single family and multi-family residences. Hotels/motels with supporting businesses structurally contained within the hotel/motel are permitted in this District.
Zone overlays
Jack Edwards Airport Height Zoning Overlay District.