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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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