Pensacola or Orange Beach?

[Ryan Porter]

Hey team! 

      A few years ago a good friend and I went in together and bought a few rental homes. Fast forward 3 years, we are in a position to refi, unload one, and have a hefty down payment for our next project. It ends up, we both have dreamed of having a nice condo on the beach we could visit a few times a year, and possibly make a small profit. We have narrowed our search to the Orange Beach to Pensacola area. Could anyone recommend an agent that is well versed in the condo market and is licensed in both states?

[Caleb Drake]

Originally posted by @Matt Jones:

Hey @Ryan Porter, 

Pensacola Beach, Perdido Key,FL(immediately over the state line from Orange Beach) and Orange Beach, AL are all great markets but have more differences than you’d expect.

Matt is 100% correct here. Perdido Key and Orange Beach are drastically different in what they have to offer (or don’t have to offer) as far as vacation rentals. I used to live just on the other side of the Perdido Bridge in a high rise on the N side of the channel. Perdido is a very small community and almost has a (too much of) local vibe.

Orange Beach, Gulf Shores and Pensacola Beach are much more touristy.

Another thing to consider, and I’m just thinking out loud here, is the differences in taxes between AL and FL.