3405 Ocean Drive, Emerald Isle, NC 28594

$1,500,000
Property Type: Residential Bedrooms: 7 Baths: 5 Square Footage: 1,728 Lot Size (sq. ft.): 19,166 Status: Closed
Current Price: $1,500,000 List Date: 8/14/2023 Last Modified: 12/12/2023

Description

Nestled along the captivating oceanfront, this propery presents an enticing fusion of coastal living and investment potential. In 2022 ''Sea Oats'' brought in over 6 figues and is on pace to do nearly 120K in 2023. A delightful breezeway connects the two units, offering flexibility for personal use, rental income, or a mix of both. With breathtaking views of the ocean, low traffic beaches, you'll wake up to the serene sounds of waves and relish stunning sunsets from your doorstep. Upstairs you'll find 2 units each with 3 bedrooms and 2 full bathrooms. Downstair is an owners effecienciy unit. Recently updated with a modern HVAC system(approx 4 years old), the property ensures comfort year-round, whether you choose to reside in one unit or welcome guests. Embrace the idyllic beach lifestyle with direct access to sandy shores, allowing you to enjoy leisurely walks and refreshing swims whenever your heart desires. What sets this property apart is its proven success, backed by over 200 glowing reviews on Airbnb alone. Tap into an established income stream that effortlessly combines your love for coastal living with a consistent revenue source. Beyond the immediate benefits, the property's prime location offers the convenience of nearby attractions, dining, and entertainment, enhancing its appeal to a wide range of buyers. Whether you're a purchasing for yourself or an experienced investor, seize this opportunity to own a slice of oceanfront paradise that promises endless memories and impressive returns.

More Information MLS# 100399337

Building/Ext Features

ud_i_08: 0

Contract Info

Delayed Marketing?: No Sub-Type: Single Family Residence Construction Type: Stick Built Auction: No List Price/SqFt: 706.21 Stipulation of Sale: Standard Status: Closed Marketing Start Date: 2023-08-10 Listing Price: 1500000 Current Price: $1,500,000

Location Information

City Limits: Yes Marketing City: Emerald Isle Secondary Subdivision: N/A Street #: 3405 Street Name: Ocean Street Suffix: Drive County: Carteret State/Province: NC Zip Code: 28594 Subdivision: Not In Subdivision Geo Lat: 34.674339 Geo Lon: -76.96565

Remarks and Showing

Sign on Property: Yes Directions to Property: Emerald Dr to Ocean - located between Gregg and Connie Streets

Property Exterior Info

New Construction: No Lot Acres: 0.44 Lot Dimensions: 76x252 Lot SqFt: 19166 Waterfront: Yes Waterview: Yes Location Type: Island Horses Y/N: No

Property Interior Info

SqFt - Heated Separate: 396 Total SqFt - Heated (Primary + Separate): 2124 # Rooms: 11 # Baths - Full: 5 # Baths - Half: 0 # Baths - Total: 5 Master Bedroom Level: Primary Living Area Stories: 1 SqFt - Heated (Primary): 1728 # Bedrooms: 7

Legal & Taxes

Tax Assessed Value: 820937 Total Real Estate Property Taxes: 4407.01 Deed Book: 1597 Deed Page: 47 Legal: L5 B16 EMERALD ISLE Broker Owner: No PID: 631413125518000 Tax Identifier: 631413125518000 Plat Book: 1597 Plat Page: 047 Special Assessments: None Known Tax Year: 2022 Zoning: R2 HOA: No Cobra Zone: No Federal Flood Ins Avlbl: Yes

Garage & Parking

Attached Garage Spaces: 0 Detached Garage Spaces: 0 Total # Garage Spaces: 0 Total Carport Spaces: 0

Parking Features

Gravel: 1

HOA and Neigh Amenities

No Amenities: 1

Frontage Type

Oceanfront: 1

View Type

Ocean: 1 Water: 1

Construction

Wood Frame: 1

Lot Water Features

Ocean Side: 1

Exterior Finish

Fiber Cement: 1

Terms

Cash: 1 Conventional: 1

Fencing

None: 1

Foundation

Pilings: 1

Flooring

Carpet: 1 LVT/LVP: 1

Patio and Porch Features

Deck: 1

Pool Features

None: 1

Roof

Architectural Shingle: 1

Road Type/Frontage

Public (City/Cty/St): 1

Cooling

Heat Pump: 1

Heated SqFt

1600 - 1799: 1

Heating

Heat Pump: 1

Heating System Fuel Source

Electric: 1

Sewer

Septic Tank: 1

Furnished

Furnished: 1

Interior Features

Apt/Suite: 1 Ceiling Fan(s): 1 Master Downstairs: 1

Dining Room Type

Kitchen: 1

Legal Taxes

Year Built: 1979

Status Change Info

Under Contract Date: 2023-08-15 Sold Price: $1,500,000 Sold Date: 2023-12-12

Property Features

Frontage Type: Oceanfront View Type: Ocean; Water Construction: Wood Frame Exterior Finish: Fiber Cement Fencing: None Foundation: Pilings Parking Features: Gravel Patio and Porch Features: Deck Pool Features: None Roof: Architectural Shingle Lot Water Features: Ocean Side Cooling: Heat Pump Heating: Heat Pump Heating System Fuel Source: Electric Sewer: Septic Tank Flooring: Carpet; LVT/LVP Furnished: Furnished Interior Features: Apt/Suite; Ceiling Fan(s); Master Downstairs Heated SqFt: 1600 - 1799 Dining Room Type: Kitchen HOA and Neigh Amenities: No Amenities Terms: Cash; Conventional
Listing Office: eXp Realty
IDX
Last Updated: December - 12 - 2023
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