Duplex-Style Villa with Screened
4375-B Lindsey Lane Orange Beach, AL 36561
For Sale
$335,000
SINGLE_FAMILY - Orange Beach, AL
Property Size1,126 SF
Lot Size0.04 Acres
Price / SF$297.51
Days on Market154
Property Features for 4375-B Lindsey Lane
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1
Parking features
Assigned
Fireplace
1
Appliances
Dishwasher, Disposal, Dryer, Microwave, Range-Electric, Refrigerator w/Ice Maker, Smoke Detector, Washer
Standard status
Active
APN
65-03-06-0-000-005.015
Size
1,126 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Description
LOT 1 ORANGE BEACH VILLAS REPLAT OF TWIN LAKES SUB SLIDE 2504-B
Building Details
Year built
2002
Floors in Building
1
Flooring type
Tile
Roof type
Metal
Architectural style
Other
Listing Agency:
Keller Williams AGC Realty - Orange Beach
(251) 494-6696
Listed By:
Heather Loper · License #98336
(251) 504-1171
Added: Feb 26
Changed: Jul 30
Last Checked: Jul 30 at 6:06AM
MLS# 392423
Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This updated duplex-style villa offers a bright, open layout with three bedrooms and two bathrooms. Additional exterior features include a screened-in patio for outdoor relaxing and an outdoor storage room for added convenience.
The home is part of Orange Beach Villas, a coastal community just off Canal Road. Residents have access to a community pool and a clubhouse. The property is described as being near Orange Beach Sportsplex, Gulf State Park trails, and The Wharf.
The property is currently operating as a short-term rental. Buyer should verify all information during due diligence.
The home is part of Orange Beach Villas, a coastal community just off Canal Road. Residents have access to a community pool and a clubhouse. The property is described as being near Orange Beach Sportsplex, Gulf State Park trails, and The Wharf.
The property is currently operating as a short-term rental. Buyer should verify all information during due diligence.
Key Highlights
- 3‑bedroom, 2‑bath duplex‑style home built in 2002
- Screened‑in patio plus an outdoor storage room for gear
- Operates as a short‑term rental
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.5k | $13.80 |
| − Vacancy | −$808 | −$0.72 |
| EGI | $14.7k | $13.08 |
| − OpEx | −$4.4k | −$3.92 |
| NOI | $10.3k | $9.16 |
1,126 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$147.3K
$128.9K – $171.9K
NOI $10,312 @ 7.0% cap · market cap 3.08%
Second Best
Apartment 5plus
$131.1K
$114.7K – $153.0K
NOI $9,178 @ 7.0% cap · market cap 2.74%
Theoretical Best
Office A
$270.8K
$236.9K – $315.9K
NOI $18,955 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Updated duplex-style 3-bedroom, 2-bath villa with a screened patio and outdoor storage room, within a community pool and clubhouse.
Where is this duplex located?
The property is located at 4375-B Lindsey Lane Orange Beach, AL.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath duplex‑style home built in 2002; Screened‑in patio plus an outdoor storage room for gear; Operates as a short‑term rental