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500 Lemoyne Drive

Dauphin Island, AL 36528
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Bed 4

Bed

Bath 4

Bath

SqFt4,067

Sqft

SqFt15,816.64

Sqft(Lot)

Investor-Ready Bayfront 4-Plex on Indian Bay --- Fully Permitted for Vacation Rentals -- Comes Immaculately Furnished and Operational 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 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 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 for equipment or owners use Whether 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

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Detail Ic Property Details

Property Type : Residential

Price : $1,800,000

AD Id : 66405031

MLS Id : 7629541

Beds : 4

Lot Size : 15,816.64 Sqft

Living Area Size : 4,067

Year Built : 2023

County : Mobile

Subdivision: Indian Bay

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bathroom Information

    Total Baths: 4 Full Baths: 4

    Kitchen Information

    Dining Room Remarks: Great Room Kitchen Room Remarks: Breakfast Bar, Cabinets Other, Cabinets White, Kitchen Island, Solid Surface Counters, View to Family Room

    Room Information

    Total Bedroom: 4 Window Feature: Double Pane Windows, ENERGY STAR Qualified Windows, Insulated Windows
  • Flooring Information

    Laminate
  • Roofing Information

    Metal
  • Interior Features

    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) Roof: Metal Appliances: Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Range, Microwave, Range Hood, Refrigerator, Washer Laundry Features: Laundry Closet, Main Level
  • Heating & Cooling

    Heating: Central, Electric Cooling: Ceiling Fan(s), Central Air, Electric Water front: Yes WaterSource: Public

  • Building Information

    Year Built: 2023 Construction Materials: Cement Siding, HardiPlank Type Basement: None
  • Exterior Features

    Balcony, Private Entrance, Private Yard, Storage
    Foundation Details: Pillar/Post/Pier, Raised
    Porch: Breezeway, Covered, Deck, Front Porch, Patio, Rear Porch, Wrap Around
  • Pool Information

    None
  • Road Types

    Asphalt
    City Street
  • Fencing

    Back Yard, Fenced, Front Yard, Vinyl

  • Lot Information

    Lot Dimensions: 137 x 252 x 40 x 174 Lot Description: Flood Plain, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear Lot Size Area: 15816.636 Lot Size Units: Square Feet Lot Square Feet: 15,817 Lot Acres: 0.3631 Waterfront: Bay Access, Bay Front Main Square Feet: 15816.636

    Property Information

    Property Type: Residential Sub Type: Single Family ResidenceStyle: Beach House, Mid-Rise (up to 5 stories) Subdivision: Indian Bay

  • Tax Information

    Parcel Number: 5201000013038 Annual Tax: $8202

  • Parking Information

    Attached, Carport, Covered, Drive Under Main Level, Driveway, Level Driveway, Parking Lot

  • Elementary School: Dauphin Island
    Junior High School: Peter F Alba
    Senior High School: Alma Bryant
  • Utility Information

    Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
131 Bienville Boulevard, Dauphin Island, AL, 36528 $475,000 3 3 1,642 1,642 SqFt
302 Alvarado Street #A, Dauphin Island, AL, 36528 $495,000 3 2 1,550 1,550 SqFt
310 Cavalier Drive, Dauphin Island, AL, 36528 $1,645,000 5 3 4,200 4,200 SqFt
224 Chenault Avenue, Dauphin Island, AL, 36528 $539,000 3 2 1,420 1,420 SqFt
302 Audubon Place, Dauphin Island, AL, 36528 $649,000 4 3 1,656 1,656 SqFt
307 Audubon Place, Dauphin Island, AL, 36528 $1,149,500 5 3 2,627 2,627 SqFt
127 Audubon Street, Dauphin Island, AL, 36528 $439,000 3 2 2,033 2,033 SqFt
308 Audubon Place, Dauphin Island, AL, 36528 $649,500 4 3 2,951 2,951 SqFt
310 Audubon Place, Dauphin Island, AL, 36528 $614,000 4 2 1,976 1,976 SqFt
306 Apalache Avenue, Dauphin Island, AL, 36528 $405,000 3 2 2,224 2,224 SqFt

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ByOwner last updated this listing 06/18/2026 @ 16:26

MLS: 7629541 LISTED BY: Leslie Davis, Keller Williams Mobile 251-662-5660 SOURCE: GCMLS2

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