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1115 E Beach Drive, Oak Island, NC 28465

$1,175,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,335 Lot Size (sq. ft.): 8,364 Status: Active
Current Price: $1,175,000 List Date: 4/19/2024 Last Modified: 4/29/2024

Description

Pre-inspected and all repairs are being addressed. Breathtaking views from this oceanfront coastal cottage on Oak Island that has been newly updated. New roof, new kitchen cabinets, new Quartz countertops, backsplash, appliances, bathroom tile, vanity, toilets, etc. Come and see the beautiful renovations. This 3 bedroom, 2 bath home offers an idyllic blend of vintage charm and modern convenience. Nestled high on pilings, this home promises gorgeous sunsets over the sparking Atlantic Ocean. As you enter the home, you'll be welcomed by a warm and cozy interior adorned with painted knotty pine, creating an atmosphere that celebrates the essence of vintage beach houses. The open floor plan seamlessly connects the living, dining, and kitchen areas, allowing for effortless entertaining and making the most of the mesmerizing ocean views. Adjacent to the kitchen, a separate large dining area accommodates gatherings of all sizes, from intimate family dinners to lively beachside parties with picture windows that maximize views. The living area, bathed in natural light, offers a cozy place to unwind and enjoy moments of relaxation. The cottage is sold fully furnished, making it effortless to move in or use as a vacation rental property. Investors take note--rental income is projected at $83,500. Speaking of rentals, this property offers an exceptional investment opportunity. With its prime oceanfront location, vintage charm, and capacity to sleep nine comfortably, it is sure to attract vacationers seeking an unforgettable beach getaway. The proximity to Myrtle Beach and Wilmington airports makes it easily accessible for tourists travelling in. The location adds an extra bonus with a fishing pier, fine dining and bar/grill just moments away.

More Information MLS# 100435398

Contract Info

Sub-Type: Single Family Residence Construction Type: Stick Built Status: Active Effective Date: 2024-03-24 Delayed Marketing?: Yes Delayed Marketing Date (DM): 2024-03-27 Listing Price: 1175000 Current Price: $1,175,000 List Price/SqFt: 880.15 Sub Agent Comm $/%: % Buyer Agent Comm: 2.5 Buyer Agent Comm $/%: % Variable Comm: No Stipulation of Sale: None

Location Information

Street #: 1115 Pre Direction: E Street Name: Beach Street Suffix: Drive County: Brunswick State/Province: NC Zip Code: 28465 City Limits: Yes Marketing City: Oak Island Subdivision: Not In Subdivision Secondary Subdivision: N/A Geo Lat: 33.913547 Geo Lon: -78.149272

Remarks and Showing

Directions to Property: Coming from Southport Midway area on Hwy 906/Middleton Ave, cross Swain's Cut Bridge coming onto Oak Island. Keep straight at the light. Turn left onto E Beach Dr. House will be on right. Sign on Property: Yes

Property Exterior Info

New Construction: No Lot Acres: 0.19 Lot SqFt: 8364 Lot Dimensions: 48'x177'x47'x174' Waterfront: Yes Waterview: Yes Horses Y/N: No Location Type: Island

Property Interior Info

SqFt - Heated (Primary): 1335 Total SqFt - Heated (Primary + Separate): 1335 # Rooms: 6 # Baths - Full: 2 # Baths - Total: 2 # Bedrooms: 3 Master Bedroom Level: Primary Living Area Stories: 1

Legal & Taxes

Tax Assessed Value: 778540 Total City Real Estate Property Tax: 1857.15 Total Real Estate Property Taxes: 5054.37 Deed Book: 3766 Deed Page: 480 Legal: L-8 B-50 Long Beach Plat 2 1/2 page 244 Broker Owner: No PID: 235PD01501 Tax Identifier: 235pd01501 Plat Book: 2 1/2 Plat Page: 244 Lot #: 8 Special Assessments: none Tax Year: 2023 Year Built: 1965 Zoning: R7 HOA: No Cobra Zone: No Federal Flood Ins Avlbl: Yes Elementary School: Southport Middle School: South Brunswick High School: South Brunswick

Garage & Parking

Under House: 4

Current Service Providers

Electric Provider: Brunswick Electric Internet Service Provider(s): Spectum/Focus Sewer Provider: City/Town Trash Provider: city/town Water Provider: City/Town

Property Features

Frontage Type: Ocean Front Handicap Accessible: None View Type: Ocean View Attic: Scuttle Basement: None Construction: Wood Frame Exterior Finish: Vinyl Siding Fencing: None Foundation: Pilings Fuel Tank: None Parking Features: Concrete; Dirt Patio and Porch Features: Porch Roof: Architectural Shingle Stories/Levels: One Road Type/Frontage: Public (City/Cty/St) Lot Water Features: Ocean Side Cooling: Heat Pump Heating: Heat Pump Heating System Fuel Source: Electric Water Heater: Electric Utilities: Municipal Sewer; Municipal Water Appliances/Equip: Dishwasher; Dryer; Refrigerator; Stove/Oven - Electric; Washer Fireplace: None Flooring: LVT/LVP; Tile; Wood Furnished: Furnished Interior Features: Furnished Laundry Features: Hall Heated SqFt: 1200 - 1399 Dining Room Type: Combination HOA and Neigh Amenities: Basketball Court; Dog Park; Fitness Center; Park; Pickleball; Picnic Area; Playground; Tennis Court(s) Terms: Cash; Conventional
Listing Office: Southern Realty Advantage LLC
Last Updated: April - 29 - 2024
1115 E Beach Drive, Oak Island, NC 28465- MLS# 100435398
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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