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500 Lemoyne Drive, Dauphin Island, AL 36528

$1,800,000
  • 500 Lemoyne Drive, Dauphin Island, AL 36528 Main Photo

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Active
BEDS4 BATHS4 full SQUARE FEET4,067 MLS#7629541
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONIndian Bay

Property Description

Investor-Ready Bayfront 4-Plex on Indian Bay --- Fully Permitted for Vacation Rentals -- Comes Immaculately Furnished and OperationalAn 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 to Gold Fortified Residential Standards) 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 professional stainless gas ranges, microwaves, full-size refrigerators, and dishwashers* Open-concept living areas with kitchen islands and waterfront views* Impact resistant Doors and Windows with Storm Protective Mesh Covers* 4th Unit currently functions as a professional office but can easily convert into a fully equipped vacation unit.* Convenient Front and Back Stairs for easy access, with both back and front porches for each unitBonus 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 for equipment or owners useWhether you're seeking potential passive rental income, a boutique resort concept, or a private multi-unit island escape, this property delivers flexibility, durability, and prime location on the island's desirable bayfront.All the groundwork has been laid---utilities, permits, zoning, and infrastructure. This is a one-of-a-kind investment you can step into and start earning from Day One. Schedule your private showing and see how this property can elevate your portfolio.Seller is licensed Realtor in State of Alabama

500 Lemoyne Drive | MLS# 7629541

This single family home located at 500 Lemoyne Drive, Dauphin Island, AL 36528 is currently listed for sale with an asking price of $1,800,000. This property was built in 2023 and has 4 bedrooms and 4 full baths with 4067 sq. ft. Lemoyne Drive is located in the Indian Bay subdivision. Search Indian Bay real estate on www.gobellator.com today.

Property Features

Property Type: Residential - Single Family
Basement: None
Cooling: Ceiling Fan(s), Central Air, Electric
Fenced: Yes
Heating: Central, Electric
Home Style: Beach House, Mid-Rise (up to 5 stories)
Lot Size: 0.36 Acres
Roof Type: Metal
Stories: 2.0
Taxes: $8,202
Year Built: 2023

Amenities

Cathedral Ceiling(s)
Crown Molding
Entrance Foyer
High Ceilings 9 ft Lower
High Ceilings 9 ft Main
High Ceilings 9 ft Upper
High Speed Internet
Walk-In Closet(s)
Balcony
Private Entrance
Private Yard
Storage

Feature Descriptions

Accessibility: None
Appliances: Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Range, Microwave, Range Hood, Refrigerator, Washer
Community Features: Airport/Runway, Beach Access, Boating, Fishing, Golf, Near Schools, Near Trails/Greenway, Park, Restaurant, RV / Boat Storage, Sidewalks, Tennis Court(s)
Construction Materials: Cement Siding, HardiPlank Type
Days on Site: 252
Dining Room: Great Room
Exterior: Cement, HardiPlank
Fencing: Back Yard, Fenced, Front Yard, Vinyl
Fireplace: None
Flooring: Laminate
Kitchen: Breakfast Bar, Cabinets Other, Cabinets White, Kitchen Island, Solid Surface Counters, View to Family Room
Laundry: Laundry Closet, Main Level
Lot: Flood Plain, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Lot Dimensions: 137 x 252 x 40 x 174
Master Bathroom: Shower Only
Parcel#: 5201000013038
Parcel #: 5201000013038
Parking: Attached, Carport, Covered, Drive Under Main Level, Driveway, Level Driveway, Parking Lot
Parking Notes: Attached, Carport, Covered, Drive Under Main Level, Dr
Patio/Porch: Breezeway, Covered, Deck, Front Porch, Patio, Rear Porch, Wrap Around
Patio/Porch: Breezeway, Covered, Deck, Front Porch, Patio, Rear Porch, Wrap Around
Sewer: Public Sewer
Spa: None
Special View Info: Bay, Water
Topography: Level
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water: Public
Waterfront: Bay Access, Bay Front
Window: Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows

Local Schools

High School: Alma Bryant
Middle School: Peter F Alba
Elementary School: Dauphin Island

Listed By / Shown By

Listed By

Agency Name: Keller Williams Mobile
Agency Phone: 251-662-5660

Shown By

Agency Title: Bellator Real Estate
Agency Phone: 251.928.0031

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Estimated Payment

$ 9,842.03 per month $8,633.53 Principal & Interest $683.50 Property Tax $525.00 Homeowner's Insurance

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