AL
Mobile - AL
Dauphin Island
36528
500 Lemoyne Drive
500 Lemoyne Drive, Dauphin Island, AL 36528
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Listing Type
Single Family
Listing Status
active
55
$1,975,000

Home Details for 500 Lemoyne Drive

Price
$1,975,000
Type
Residential
Bedrooms
4
Bathrooms
4.0
Square feet
3200
Year built
2023
Lot size acres
0.3631
County
Mobile - AL
Garage
Basement
None
Days on site
46
MLS Listing#
7629541
Property Description

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

Property Features
  • House Interior
    • Breakfast Bar
    • Kitchen Island
    • Cathedral Ceiling(s)
    • Crown Molding
    • Entrance Foyer
    • High Speed Internet
    • Walk-In Closet(s)
    • High Ceilings
  • Utilities
    • Cable Available
    • Electricity Available
    • Natural Gas Available
    • Phone Available
    • Sewer Available
    • Water Available
  • Parking
    • Attached
    • Carport
    • Covered
    • Driveway
    • Parking Lot
  • Cooling Information
    • Ceiling Fan(s)
    • Central Air
    • Electric
  • Heating Information
    • Central
    • Electric
  • Water Features
    • Public
  • Basement
    • None
  • Fire Place
    • None
School Information
School Information for 500 Lemoyne Drive, Dauphin Island, AL 36528
Elementary School
Dauphin Island
Middle School
Peter F Alba
High School
Alma Bryant
Listing Courtesy: Keller Williams Mobile - 251-662-5660
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The Mobile Area Association of REALTORS® is committed to providing an accessible website. If you require assistance accessing this site's content, viewing a file or accessibility problems, please contact the Association. Copyright ©2025, All rights reserved.
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Market statistics compiled from data from Gulf Coast MLS / Mobile Area Association of REALTORS(R).
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759 Downtowner Loop W., Mobile, AL 36609
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