500 Lemoyne DR Dauphin Island, AL 36528
Joseph Antipolo
thejandbteamva1@gmail.comUPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 4,067 sqft
Price per Sqft $553
Subdivision Indian Bay
MLS Listing ID 7629541
Bedrooms 4
Full Baths 4
Year Built 2023
Annual Tax Amount $8,202
Tax Year 8202
Lot Size 0.363 Acres
Property Sub-Type Condominium
Property Description
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
Location
State AL
County Mobile - Al
Direction South on 193 to Dauphin Island. After you cross the bridge to the Island, turn Left onto Desoto (across the street from Circle K), and Left on Lemoyne. This beautiful property is at the corner of Desoto and Lemoyne on the Right.
Rooms
Basement None
Primary Bedroom Level Main
Dining Room Great Room
Kitchen Breakfast Bar, Cabinets Other, Cabinets White, Kitchen Island, Solid Surface Counters, View to Family Room
Interior
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)
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Laminate
Fireplaces Type None
Appliance Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Range, Microwave, Range Hood, Refrigerator, Washer
Laundry Laundry Closet, Main Level
Exterior
Exterior Feature Balcony, Private Entrance, Private Yard, Storage
Fence Back Yard, Fenced, Front Yard, Vinyl
Pool None
Community Features Airport/Runway, Beach Access, Boating, Fishing, Golf, Near Schools, Near Trails/Greenway, Park, Restaurant, RV / Boat Storage, Sidewalks, Tennis Court(s)
Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Waterfront Description Bay Access,Bay Front
View Y/N true
View Bay, Water
Roof Type Metal
Building
Lot Description Flood Plain, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Foundation Pillar/Post/Pier, Raised
Sewer Public Sewer
Water Public
Architectural Style Beach House, Mid-Rise (up to 5 stories)
Level or Stories Two
Schools
Elementary Schools Dauphin Island
Middle Schools Peter F Alba
High Schools Alma Bryant
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Owner May Carry
Listing Terms 1031 Exchange, Cash, Conventional, FHA, Owner May Carry
GET MORE INFORMATION
Joseph Antipolo
Assistant