500 Lemoyne Dr, Dauphin Island, AL 36528

$1,800,000
4
BD
4
BA
4,067
SqFt

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List Price
$1,800,000
Status
ACTIVE
Days on Market
342
MLS#
384137
Subtype
Residential
Style
Beach House
Year Built
2023
Bedrooms
4
Bathrooms
4
Full Baths
4
Living Area
4,067
Subdivision
Indian Bay
MLS Area Major
Mobile County

Property Description

Investor-Ready Bayfront 4-Plex on Indian Bay ? Fully Permitted for Vacation Rentals An exceptional, income-producing opportunity awaits on Indian Bay at Dauphin Island! This turnkey Bayfront 4-Plex offers immediate revenue potential with vacation rental permits already in place and zoning for Commercial or Resort use making it ideal for short-term rentals, a private retreat, or even future redevelopment. Positioned on a prime waterfront lot, this Gold Fortified, built property includes four thoughtfully designed units, each offering spacious, stylish interiors with high-end finishes and furnishings:3 Units feature:* King bedroom suite + twin bunk alcove + sleeper sofa (sleeps 6)* All La-Z-Boy furnishings and luxury mattresses* Gourmet kitchens with GE stainless gas ranges, microwaves, full-size refrigerators, and dishwashers* Open-concept living areas with kitchen islands and waterfront views* 4th Unit currently functions as a professional office but can easily convert into a fully equipped vacation unit. Bonus Features Include:* Stunning upper units with white-washed tongue-and-groove vaulted ceilings and glass doors opening to panoramic bay views* Individually metered power and water for all units (future condo conversion potential)* Fully irrigated, professionally landscaped grounds with separate irrigation meter* Covered outdoor kitchen and dining area for guest entertaining* Bayfront dock with fish cleaning station, water, and power ideal for boating and fishing enthusiasts* Ample on-site parking for 15+ vehicles, plus secure kayak storage* Gold Fortified construction (to residential standards) with impact-rated windows/doors * Cargo lift for convenience* Large enclosed storage room Seller is a licensed real estate agent in the State of Alabama. Buyer to verify all information during due diligence.

Additional Information

Interior Features
Ceiling Fans, High Ceilings
Financing
FHA, Conventional, Cash
Property Description
Beach House
Flooring
Laminate
Appliances
Gas Range, Microwave, Dishwasher, Washer/Dryer, Plumbed For Ice Maker, Smoke Detector
Heating
Electric
Air Conditioning
Electric
Stories
2
Roof
Metal
Parking Features
Parking Lot, Covered
Elementary School
Dauphin Island Elementary
Middle School
Peter F. Alba Middle
High School
Alma Bryant
View
Marina

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Keller Williams - Mobile.

© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .