5213 Ocean DR #E&W Active Save Request In-Person Tour Request Virtual Tour
Emerald Isle,NC 28594
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2400 - 2599
Square Footage 2,406 sqft
Price per Sqft $995
Subdivision Not In Subdivision
MLS Listing ID 100468232
Bedrooms 8
Year Built 1980
Annual Tax Amount $5,234
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 74x204x74x204
Property Sub-Type Single Family Residence
Property Description
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 and 3 miles to the Bogue Island Fishing Pier, plus grocery shopping and restaurants galore. The duplex had gross revenue of $128,000 in 2022, $135,000 for 2023, and $135,000 for 4 months of 2024, the rest was 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. Each has 4br2ba but there are five beds on each side, so the entire duplex of 8 bedrooms sleeps 18. It was renovated 2018 and then each off-season 2021 forward including: replaced double-pane high-impact windows, replaced storm doors, interior/exterior painted, all pre-2021, raised piers replaced hot water heaters, replaced HVAC, redid smooth ceilings, new carpeting, wainscoting, new ceiling fans, can lights, painting of road-side porches, and all new decks all in winter of 22-23, hot water in all THREE new outdoor showers (2023), new granite counters and stainless appliances 2024. 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. 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. Come enjoy the view from the 16' by 16' dune deck!
Location
State NC
County Carteret
Zoning RMF
Rooms
Master Bedroom Primary Living Area
Bedroom 2 First
Bedroom 3 Second
Bedroom 4 Second
Bedroom 5 First
Dining Room Combination
Interior
Interior Features 1st Floor Master,Smoke Detectors,Furnished,Pantry,Blinds/Shades,Ceiling Fan(s),2nd Kitchen
Heating Forced Air,Heat Pump
Cooling Central,Heat Pump
Flooring Carpet,LVT/LVP
Fireplaces Type None
Equipment Dishwasher,Range,Washer,Vent Hood,Refrigerator,Dryer
Appliance Dishwasher,Range,Washer,Vent Hood,Refrigerator,Dryer
Heat Source Electric
Laundry Room
Exterior
Exterior Feature Outdoor Shower,Storm Doors,Security Lighting
Fence None
Utilities Available Municipal Water,Septic On Site
Waterfront Description Deeded Beach Access,Ocean Side
View Ocean View,Water View
Roof Type Architectural Shingle
Porch Balcony,Porch,Covered,Deck
Road Frontage Maintained,Public (City/Cty/St),Paved
Building
Lot Description Dunes,Level
Faces 70 to 58 or 70 to 24 to Emerald Isle Bridge to Emerald Drive, then 4 miles to Fairfax Rd, make a rt, then left on Ocean Drive to third house on the right.
Story 2.0
Foundation Pilings,Raised
Water Bogue Banks Water Corp
Architectural Style Stick Built
Level or Stories Two
Additional Building Shower
New Construction No
Others
Tax ID 630419611339000 630419611441000
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None