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114 N Shore Drive, Surf City, NC 28445
$1,059,000
Property Type:
Residential
Bedrooms:
5
Baths:
5
Square Footage:
2,365
Lot Size (sq. ft.):
1,220
Status:
Closed
Current Price:
$1,059,000
List Date:
5/11/2021
Last Modified:
3/03/2023
Description
Nearly $110,000 in rental income projected for 2021! This is the investment opportunity you've been looking for! Extraordinary opportunity to own a very successful income producing oceanfront property in the heart of Surf City.
This beautifully appointed home is situated in an ideal location affording views of the ocean, sound, pier and bridge. Truly an unmatched property, this perennial vacation favorite boasts 5 bedrooms with 4 en suite baths! The perfect set up for nearly every group, this well designed beach house is an absolute favorite with renters. Offering the best of the best - oceanfront AND a pool - what more could anyone want!
Oceanwatch Villas is a community of only 4 duplexes that share a generous ocean front pool. Located along the business district, renters appreciate the easy access to shopping, restaurants and bars. Park your car when you arrive and practically everything you need is within a block of your door!
This gem comes completely furnished with an impressive list of bookings poised to generate over $100,000 in rentals through 2021! Crunch the numbers - this is a win-win!
There aren't many business opportunities like this available. Call for a virtual showing or to book your personal tour.
More Information MLS# 100270669
Contract Info
Sub-Type: Townhouse
Construction Type: Stick Built
Status: Closed
Effective Date: 2021-05-08
Delayed Marketing Date (DM): 2021-05-08
Auction: No
Listing Price: 1150000
Current Price: $1,059,000
List Price/SqFt: 486.26
Sub Agent Comm: 2.5
Sub Agent Comm $/%: %
Buyer Agent Comm: 2.5
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 114
Modifier #: B
Pre Direction: N
Street Name: Shore
Street Suffix: Drive
County: Pender
State/Province: NC
Zip Code: 28445
City Limits: Yes
Marketing City: Surf City
Subdivision: Ocean Watch Villas
Secondary Subdivision: N/A
Geo Lat: 34.426114
Geo Lon: -77.543845
Remarks and Showing
Directions to Property: Cross the bridge to Surf City. Follow the roundabout and head north. Take your first right and head toward the ocean. 114B is just across from Shaka Taco and Spinnakers.
Sign on Property: Yes
Property Exterior Info
New Construction: No
Lot Acres: 0.03
Lot SqFt: 1220
Lot Dimensions: 60x20x60x21
Waterfront: Yes
Waterview: Yes
Location Type: Island
Property Interior Info
SqFt - Heated (Primary): 2365
Total SqFt - Heated (Primary + Separate): 2365
# Rooms: 8
# Baths - Full: 4
# Baths - Half: 1
# Baths - Total: 5
# Bedrooms: 5
Master Bedroom Level: Non Primary Living Area
Stories: 3
Legal & Taxes
Tax Assessed Value: 397599
Deed Book: 4706
Deed Page: 2862
Legal: L114B,PB 43/132 OCEAN WATCH
Broker Owner: No
PID: 4234-99-1330-0000
Tax Identifier: 4234-99-1330-0000
Plat Book: 43
Plat Page: 132
Special Assessments: none
Tax Year: 2020
Year Built: 2006
Zoning: Residential
HOA: Yes
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Elementary School: Surf City
Middle School: Surf City
High School: Topsail
Status Change Info
Under Contract Date: 2021-08-24
Sold Price: $1,059,000
Sold Date: 2021-11-02
Garage & Parking
Under House: 2
Current Service Providers
Electric Provider: Jones-Onslow EMC
Sewer Provider: Surf City
Water Provider: Surf City
HOA
Association Fee 1/Year: 3300
HOA 1 Mgmt. Company: Oceanwatch HOA
HOA 1 Mgmt. Phone: 7043076731
Property Features
Frontage Type: Ocean Front
View Type: Ocean View
Basement: None
Construction: Wood Frame
Exterior Features: Outdoor Shower
Exterior Finish: Fiber Cement
Fencing: None
Foundation: Pilings
Fuel Tank: None
Parking Features: Paved
Patio and Porch Features: Covered; Deck; Porch
On-Site Pool/Spa: See Remarks
Roof: Metal
Stories/Levels: 3 Story or More
Road Type/Frontage: Public (City/Cty/St)
Cooling: Central
Heating: Forced Air
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Municipal Sewer; Municipal Water
Appliances/Equip: Dishwasher; Dryer; Refrigerator; Stove/Oven - Electric; Washer
Fireplace: 3+
Flooring: Bamboo; Laminate; Tile
Interior Features: 9Ft+ Ceilings; Blinds/Shades; Ceiling - Vaulted; Ceiling Fan(s); Elevator; Furnished; Reverse Floor Plan; Smoke Detectors
Laundry Features: Room
Heated SqFt: 2200 - 2399
Dining Room Type: Combination
HOA and Neigh Amenities: Community Pool
Terms: Cash; Conventional
Listing Office: Berkshire Hathaway HomeServices Carolina Premier Properties
Last Updated: March - 03 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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