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Duplex-Style Villa with Screened Patio

4375-B Lindsey Lane Orange Beach, AL 36561

4375-B Lindsey Lane, Orange Beach, AL, 36561
$335,000
For Sale
$335,000

SINGLE_FAMILY - Orange Beach, AL

Property Size1,126 SF
Lot Size0.04 Acres
Price / SF$297.51
Days on Market142

Property Features for 4375-B Lindsey Lane

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2
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
Composition
Architectural style
Other
Listing Agency Keller Williams AGC Realty - Orange Beach
4725 Main Street Suite F228, Daphne, AL
Listed by Heather Loper · License #98336
Added: Feb 26 Checked: Jul 18 at 2:06 am
MLS# 392423 Listing URL

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.

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

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 (±1% cap)
NOI $10,312 @ 7.0% cap · market cap 3.08%
Second Best
Apartment 5plus
$131.1K
$114.7K – $153.0K (±1% cap)
NOI $9,178 @ 7.0% cap · market cap 2.74%
Theoretical Best
Office A
$270.8K
$236.9K – $315.9K (±1% cap)
NOI $18,955 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Pharmacy (Bike/Boat/Book/etc) Store HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Skin Care Clinic Computer & Electronic Repair Butcher Veterinary Clinic Big Box & Wholesale Store

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

FAQs

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
Contact an agent
More about this property
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