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
114 N Shore Drive, Surf City, NC 28445- MLS# 100270669
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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