Cobalt has set a new standard for dining in the Gulf Coast and would be honored to have your family and friends join us very soon. Stay up to date with events at Caribe Marina and the local area. The restaurant has a raised bar area so that no one misses the view, as well as a private dining room for groups or business meetings. He is excited to get his 3rd charter season started on the back bays of Orange Beach. The entire family will be excited with the options at Cobalt, from the immense water wall to the virtual video aquarium and the live petting tank, providing everyone with an indelible experience. The restaurant has numerous boat slips to accommodate small boats or even medium-sized yachts, for those who wish to end their sunset trip on the water with a unique dining experience. /rebates/&.com252fRestaurantReview-g30753-d1450955-Reviews-or2730-CobaltTheRestaurant-OrangeBeachAlabama. Picturesque windows provide every guest with a breath-taking view of the bay and Perdido Pass. Located next to Caribe Resort, Cobalt's ambience is unequaled in the area. Firecracker Shrimp 13. Our renowned chefs use the freshest ingredients and their distinctive talents to bring memorable [INVALID>ions to our guests. 15.00 Sautéed in a Creole butter sauce and served with grilled French bread. Recently opened in the winter of 2008, Cobalt provides unique menu choices combined with classic regional favorites. So, based on these figures, your payment would be between $2,930.Cobalt is an exciting new restaurant located in Orange Beach, Alabama. HOA fees will be more or less, depending on the size of the condo. Taxes could be more or less, depending on if the unit is to be used as a second home, full time residence, or investment. I'll use an example of $3,000 per year for property taxes. We have coupons for restaurants and things to do during your budget-friendly vacation to the AL. If you put 20% down as a down payment and have a 3.92% rate on a 30- year fixed conventional loan, your principal and interest payment would $2,080. Find discounts and deals in Gulf Shores and Orange Beach. Here's an example using a sales price of $550,000 (the average selling price for a condo in Caribe). If you already own in Caribe and want to sell, click here. The average rental income last year for a 3-bedroom unit was over $48,000. In 2018, the average rental income for a 2-bedroom unit was in excess of $39,000. They do so through self-managing through VRBO (Vacation Rentals By Owner) or by using one of the many rental management companies in town.ĭue to the size of the individual units, resort-like amenities, and location, Caribe has attracted many vacationers over the years and is one of the best on the beach for generating the most rental income. Some rent it just for a few days of the year to friends and family, and some have major campaigns to capitalize on as much rental potential as possible. The majority of people who own condos or other real estate in Orange Beach rent their unit out to some extent. This is one of the best communities at the beach.Ĭondo (HOA) Fees are between $564 and $632 per month, depending on the square footage and include:Īs I mentioned earlier, there is a good mix of people who purchase at Caribe for full time use, as well as for an investment. If you're thinking about owning real estate in Orange Beach, take a close look at the condos that are for sale in Caribe. The individual units are spacious, with the 2 bedroom/2 bath condos ranging from 1,400-1,600 square feet and the 3 bedroom/3 bath condos ranging from 1,900-2,400 square feet. This beauty is a 3-Tower waterfront complex containing 14 stories each, with about 200 units in each tower. Here is some of what you should expect to see: Serving Breakfast, Lunch, and Dinner Daily. This well-appointed community is said to have the most amenities of any other condo on the island. The best waterfront seafood restaurant and tavern in Gulf Shores AL. With its stately appearance from Perdido Beach Blvd, Caribe is located just east of the Perdido Pass Bridge, about 1.7 miles from the Florida state line. Although the community is not directly on the beach of the Gulf of Mexico, Caribe is just across the street with breathtaking views of the bay, Robinson Island, and Bird Island to the north and the Gulf to the south. This would definitely be an acceptable location if you were looking for a condo for sale to live in full time, use as a second home, or to rent out to tourists. Known for its luxury condos, contemporary architecture, and unique location, the Caribe Resort is one of the most sought- after complexes in the area. Join Dolphins Down Under for an exciting dolphin tour aboard our glass bottom catamarans in Gulf Shores, Orange Beach & Perdido Key. Caribe Resort Condos Real Estate in Orange BeachĪddress: 28107 Perdido Beach Blvd Orange Beach AL 36561
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |