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About This Home

This 4-bedroom, 4-bathroom single family at 500 Lemoyne Drive in Dauphin Island, AL is listed for $1,800,000 ($443 per sqft). Built in 2023, the home offers 4,067 sqft of living space on a 0.36 acres lot.

Agent 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 Commer

cial 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 Window

s 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--ide

al 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

Key Features

  • Built in 2023
  • 0.36 acre lot
  • 2 stories
  • Waterfront

Property Details

2 stories
4 full
2023

Amenities

WaterfrontViewA/C

Monthly Cost Estimate

$9,627/mo

20% down · 6.5% · 30 years

Principal$1,302
Interest$7,800
Insurance$525

Estimates only. Actual payments may vary.

Location

500 Lemoyne Drive

Dauphin Island, AL 36528

Indian Bay

Features & Amenities

Interior Features

Cathedral Ceiling(s)Crown MoldingEntrance FoyerHigh Ceilings 9 ft LowerHigh Ceilings 9 ft MainHigh Ceilings 9 ft UpperHigh Speed InternetWalk-In Closet(s)

Exterior Features

BalconyPrivate EntrancePrivate YardStorage

Property Details

Flooring

Laminate

Construction

Cement Siding HardiPlank Type

Views

Water

Pool Features

PatioDeckPorch

Parking

Parking LotCoveredCarportDriveway

Heating

CentralElectric (Heating)

Cooling

Central AirElectricCeiling Fan(s)

Appliances

DishwasherDisposalDryerENERGY STAR Qualified AppliancesENERGY STAR Qualified Water HeaterGas RangeMicrowaveRange HoodRefrigeratorWasher

Questions & Answers

This 4-bedroom, 4-bathroom single family at 500 Lemoyne Drive is listed at $1,800,000 ($443/sqft). The estimated monthly payment is $7,800 based on 20% down at 6.5% interest.

Key features include: Built in 2023, 0.36 acre lot, 2 stories, Waterfront. Interior Features: Cathedral Ceiling(s), Crown Molding, Entrance Foyer. Exterior Features: Balcony, Private Entrance, Private Yard.

This property is listed by Leslie Davis and can be reached at 2512329999 or leslie@soldonleslie.com.

LD

Leslie Davis

Agent at Keller Williams Mobile

(251) 232-9999

Listed by Keller Williams Mobile · View on Broker Site

MLS# 7629541· Source: listhub· Updated 297 days ago

Copyright © 2026 Mobile Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

500 Lemoyne Drive, Dauphin Island, AL 36528

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