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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
| DAYS ON MARKET | 24 | LAST UPDATED | 8/21/2025 |
|---|---|---|---|
| TRACT | Indian Bay | YEAR BUILT | 2023 |
| COUNTY | Mobile - AL | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Dauphin Island |
|---|---|
| Jr. High School | Peter F Alba |
| High School | Alma Bryant |
| PRICE HISTORY | |
| Prior to Aug 21, '25 | $2,250,000 |
|---|---|
| Aug 21, '25 - Today | $1,975,000 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher , Disposal, Dryer, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Water Heater, Gas Range, Microwave, Range Hood, Refrigerator, Washer |
| BASEMENT | None |
| CONSTRUCTION | Cement Siding, HardiPlank Type |
| EXTERIOR | Balcony, Boat Slip, Dock, Private Entrance, Private Yard, Storage |
| GARAGE | Attached Garage |
| HEAT | Central, Electric |
| INTERIOR | Breakfast Bar, Cathedral Ceiling(s), Crown Molding, Entrance Foyer, High Ceilings, High Speed Internet, Kitchen Island, Walk-In Closet(s) |
| LOT | 0.3631 acre(s) |
| LOT DESCRIPTION | Landscaped, Level, Sprinklers In Front, Sprinklers In Rear, Waterfront |
| LOT DIMENSIONS | 137 x 252 x 40 x 174 |
| PARKING | Attached, Carport, Covered, Driveway, Parking Lot |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Beach House, Mid-Rise (up to 5 stories) |
| SUBDIVISION | Indian Bay |
| TAXES | 8202 |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Bay, Water |
| WATER | Public |
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Listing provided by Leslie Davis with Keller Williams Mobile
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