Logo for Romar Place condo in Orange Beach, AL



Romar Place condominium is located in central Orange Beach, AL and walking distance to numerous restaurants, shopping venues and area attractions. Romar Place was built in 1995 and is a fairly low density condominium consisting of 66 individual units. All of the condos in Romar Place are 3 bedroom units ranging in size from 1,200 square feet to just over 1,300 square feet in the corner units in the building. The corner units in Romar Place have large wrap around balconies which allow great views of the Gulf of Mexico and also Ole River and Terry Cove when above the fourth floor. Romar Place has an amenity package that helps keep the condos rented all year long. This makes Romar Place an ideal investment property. If you have questions, need more info or would like to schedule a private viewing of the units for sale in Romar Place, please email aaron@condoinvestment.com or call 251-978-3718 for immediate assistance.


Romar Place Financial / Investment Info (Click here and learn how to increase rental income and maximize your investment)

Floor Plan
Annual Rental Income
HOA
3BR/2BA
$26,117
$500
3BR/3BA
$31,000
$500

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Aerial view of Romar Place condominium in Orange Beach, AL

Pre Construction Condo InvestingGulf front pre construction condos

Pre construction is the opportunity to join a fellow group of investors who partner with a developer and finance the construction of a new or "proposed" condominium. Typically 20% of the total cost of construction is required by the lender to fund the loan. Once the developer secures the loan, construction usually takes between 2 and 2.5 years. The benefit for the investor / buyer is the price is locked in and the condo will appreciate while it's built. An investor option is selling or assigning the contract prior to closing and when the end user closes, the assignor receives their proceeds. For more info on the process and to sign up for notifications, click here.


Already own a Romar Place Condo?

You can add your condo to this site's rentals page for free and link it to your VRBO page or wherever you like. Email for details. We have sites like this one for numerous other area condos and offer the same courtesy, click here for a list of the condos we have websites for.


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