Lakefront Duplex with Furnished
4374 Lindsey Lane A Orange Beach, AL 36561
4374 Lindsey Lane A, Orange Beach, AL, 36561
$318,500
For Sale
$318,500
Duplex unit includes tile flooring, stainless appliances, and a covered lakefront patio.
Property Size1,126 SF
Price / SF$282.86
Days on Market197
Property Features for 4374 Lindsey Lane A
General Information
- Standard status
- Active
- Size
- 1,126 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 2002
Listing agency
REMAX OF ORANGE BEACH-CANAL BR
(251) 424-1405
Listed by
Doug Grantham · License #80426
(251) 747-5710
Source
Xome
Added: Jan 6 Updated: Jul 21 at 6:30AM Checked: Jul 21 at 6:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REMAX OF ORANGE BEACH-CANAL BR
Investment Insights
Based on property information with market context.
This duplex offers a furnished, light-and-bright 3-bedroom, 2-bath layout. Tile flooring runs throughout the interior, and the kitchen includes stainless steel appliances and a subway tile backsplash. The unit also provides a spacious kitchen with counter space and direct access to a covered lakefront patio.
Orange Beach Villas features community amenities including a clubhouse, outdoor pool, gazebo, BBQ grills, walking paths, and ample parking. The property is a lakefront setting within the community.
The seller notes the unit is currently positioned for use as a primary residence, second home, or short-term rental; buyers should verify all details during due diligence.
Orange Beach Villas features community amenities including a clubhouse, outdoor pool, gazebo, BBQ grills, walking paths, and ample parking. The property is a lakefront setting within the community.
The seller notes the unit is currently positioned for use as a primary residence, second home, or short-term rental; buyers should verify all details during due diligence.
Key Highlights
- 2002‑built 3‑bedroom, 2‑bath duplex unit with lake view
- Tile flooring throughout; central air cooling
- Appliances include dishwasher, washer, dryer, microwave, and electric range/cooktop, plus an ice maker
Local 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 3.24%
Second Best
Apartment 5plus
$131.1K
$114.7K – $153.0K
NOI $9,178 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$270.8K
$236.9K – $315.9K
NOI $18,955 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex unit includes tile flooring, stainless appliances, and a covered lakefront patio.
Where is this duplex located?
The property is located at 4374 Lindsey Lane A Orange Beach, AL.
What is the asking price?
The asking price for this property is $318,500.
What are key features of this property?
This property features: 2002‑built 3‑bedroom, 2‑bath duplex unit with lake view; Tile flooring throughout; central air cooling; Appliances include dishwasher, washer, dryer, microwave, and electric range/cooktop, plus an ice maker