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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#384137
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONIndian Bay

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.

500 Lemoyne Drive | MLS# 384137

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
Cooling: Central Electric (Cool)
Heating: Electric
Home Style: Raised Beach
Lot Size: 137 x 252 x 40 x 174
Property Type: Raised Beach
Stories: 2.0
Year Built: 2023

Amenities

Ceiling Fan(s)
High Ceilings

Feature Descriptions

Appliances: Dishwasher, Microwave, Gas Range, Refrigerator w/Ice Maker, Washer/Dryer Stacked
Boat Facilities: Boat Dock, Power Available
Community Features: Landscaping, Water Access-Deeded, Playground
Construction Materials: Hardboard
Days on Site: 196
Exterior: Hardboard
Flooring: Laminate
Foundation: Pillar/Post/Pier, Pilings
Lot: Waterfront
Lot Dimensions: 137 x 252 x 40 x 174
Utilities: Water Available
Waterfront: Bay Access (<=1/4 Mi)

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

$ 9,158.53 per month $8,633.53 Principal & Interest $0.00 Property Tax (data not provided by mls) $525.00 Homeowner's Insurance

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