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    1408 Oleander Ln Dauphin Island, AL 36528

    For Sale
    $199,000

    Multi-Family - Dauphin Island, AL

    Type:Multi Family
    Days on Market:
    179
    Last Refresh:
    Dec 6 at 9:06 am

    Property Features for 1408 Oleander Ln

    General Information

    Property type
    Land
    Property subtype
    Multi Family
    Standard status
    Active
    APN
    5201000023171XXX

    Building Details

    Architectural style
    Other

    Alabama Realty, LLC (251) 861-6121

    Listing agent Daniel Lursen (251) 861-2121 License #120173

    Listing date Jun 11, 2025

    MLS# 379532 Listing URL

    Copyright © 2025 Baldwin County 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.

    Overview

    Dauphin Island Multifamily Lot

    This multifamily lot is located on Dauphin Island and is protected by dunes. Zoned R3 (1-4 unit building), this lot presents options to build an income-producing fourplex, a personal beach getaway, or a full-time residence. The location is a short bike ride or golf cart ride to the Isle of Dauphine Golf Course, the Alabama Aquarium at the Dauphin Island Sea Lab, the ferry, the public boat launch at Billy Goat Hole, Fort Gaines, and the Audubon Bird Sanctuary. In addition to fishing, kayaking, birding, beach walking, and shell seeking, there are shops and restaurants, churches, a welcome center, Town Hall, two art galleries, and property owner association parks. Dauphin Island is known as the Sunset Capital of Alabama.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dauphin Island
    County
    Mobile
    State
    Alabama
    Longitude
    -88.121446
    Latitude
    30.251246

    Nearby Similar for Sale

    • $88,000
      0.17 Acres

      Dauphin Island Single Family Residence

      Single family residence in Dauphin Island, Alabama for sale.
      911 Cadillac Ave, Dauphin Island, AL 36528
      View Details
    • $299,000
      736 SF

      Dauphin Island Condo For Sale

      Furnished condo near beach, golf, and rental income potential.
      175 Orleans Dr, Dauphin Island, AL 36528
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Multifamily lot on Dauphin Island, Alabama, zoned R3.
    Where is this multifamily property located?
    The property is located at 1408 Oleander Ln Dauphin Island, AL.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Zoned R3, allowing for construction of a 1-4 unit building (Fourplex, beach getaway, or full-time residence).; - Protected by dunes on Dauphin Island.; - Close proximity to Dauphin Island attractions: Isle Dauphine Golf Course, Alabama Aquarium, ferry, boat launch, Fort Gaines, and Audubon Bird Sanctuary.
    (251) 861-2121
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    1408 Oleander Ln Dauphin Island, AL 36528
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1408 Oleander Ln Dauphin Island, AL 36528
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