5213 Ocean Drive #E&WEmerald Isle, NC 28594
- House
- $2,395,000
- 2,406 SQFT
- 8 Bedrooms
- 4 Bathrooms
- 2,406 SQFT
Summerplace is a FULL DUPLEX oceanfront Builder-Realtor-owned, meticulously maintained, fully furnished, turnkey investment property in Emerald Isle NC on the Crystal Coast where the water glistens and the homes boast a generous setback from the road for guests' vehicles. Emerald Isle falls among the most highly-rated beaches in the South & East, and lies in highly-rated Croatan school district. Private beach access is along a new solar-lighted deck with 4 steps down to the sand! Home is 15 minutes from the NC Aquarium in Pine Knoll Shores and 3 miles to the Bogue Island Fishing Pier, as well as grocery shopping and restaurants galore. The duplex had gross revenue of $128,000 in 2022, $135,000 for 2023, and $135,000 for 2024 renting just 4 months, remainder is owner use, annualized could be 200K+. There's room for a pool for higher rents! It is self-managed using Airbnb & VRBO. Each side has an individual PIN/Deed #, and can be resold individually if desired. Each has 4br2ba but there are five beds on each side, so the entire duplex of 8 bedrooms sleeps 18. It was renovated in 2018, 2022, 2023 to include: replaced double-pane high-impact windows, replaced storm doors, roof, interior/exterior painted, fresh siding, remodel and painting of road side porches, LVT flooring in LR/Kitchen/Bathrooms, replaced HVAC in winter of 22-23, new electric panels, smooth ceilings main floor, new ceiling fans, wainscoting & carpeting main floor, raised piers, replaced all rear decks 2022, hot water in all THREE new outdoor showers (2023) & more. Owners hosted two nuptials on the deep .34 acre oceanfront lot, see photos. There are two septic systems on site, 4BR each, scheduled to be pumped Oct 2024. Termite & pest control is with May Exterminating. Landscaping improvements and 2nd floor upgrades planned for late 2024. Furniture, art, linens, supplies, booking & marketing credentials, as well as any 2025 bookings, all convey. You buy more than the home; it's a turnkey business!
- Last Checked
- 1 minute ago
- Last Updated
- Oct 19, 2024
- Days on Website
- 24
- Type
- House
- Year Built
- 1980
- Neighborhood
- Not In Subdivision
- County
- Carteret
- Elementary School
- White Oak Elementary
- Middle School
- Broad Creek
- High School
- Croatan
Property Details for 5213 Ocean Drive #E&W
5213 Ocean Drive #E&W is a house for sale in Emerald Isle, NC 28594. This 2,406 SQFT house sits on a 0.34 acre lot and features 8 bedrooms and 4 bathrooms. Built in 1980, this house has been on the market for a total of 24 days and is currently priced at $2,395,000.
Please contact Meg Russell at Russell Homes and Land direct by phone at 919-795-5973. You may also reach Russell Homes and Land by phone at null.
Similar Properties for 5213 Ocean Drive #E&W
We found 1 similar homes for sale with 8 bedrooms that are priced between $2,345,000 and $2,445,000.
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Listing Provider for 5213 Ocean Drive #E&W
Offered by Red Door Company. Information Not Guaranteed. © Triangle MLS Inc. All rights reserved. Listings marked with a TMLSidx icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
- Agent:
- Meg Russell
- Agent Phone Number:
- 919-795-5973
- Office:
- Russell Homes and Land
- Office Phone Number:
- MLS ID:
- 100468232
- Data Source:
- North Carolina Regional MLS
- Last Checked:
- 1 minute ago
- Last Updated:
- October 19, 2024 12:03 AM UTC
- Days on Site:
- 24