For the first time in 24 years, this immaculate Gulf front condo at Phoenix V is being offered for sale with a deeded and covered parking space! Perfectly situated on the second floor in close proximity to the complex amenities and the beach, the unit features breathtaking Gulf views and an open floor plan with three bedrooms, two bathrooms, and over 1,400 square feet. The condo is beautifully furnished and has recently been updated with luxury vinyl plank floors throughout, new cabinet and drawer fronts in the kitchen and bathrooms, and freshly painted walls, doors, and trim. The Gulf front master suite boasts expansive water views, a king bed, direct balcony access, and an en-suite bathroom. This unit is currently in a rental program and has generated over $55,000 in gross revenue in 2022 with heavy owner usage during peak seasons. From 1998 to 2021, the unit was used as a beloved second home and is in wonderful condition. Complex amenities include a short walk to the beach, splash pad, indoor and outdoor pools, kiddie pool and play area, spa, sauna, tennis courts, racquetball, grilling area, and a fitness center. Phoenix V is one of the best rental complexes along the Alabama Gulf Coast and is conveniently located within walking distance to several dining and shopping attractions. Don't wait - this unit is priced to sell and will not last long!