
5213 Ocean Dr Unit E & W Emerald Isle, NC 28594
Estimated payment $13,663/month
Highlights
- Ocean Front
- Deeded access to the beach
- Ocean Side of Freeway
- White Oak Elementary School Rated A-
- Second Kitchen
- Deck
About This Home
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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,235
Year Built
- Built in 1980
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 74x204x74x204
- Ocean Front
- Level Lot
- Dunes
- Property is zoned RMF
Home Design
- Raised Foundation
- Wood Frame Construction
- Architectural Shingle Roof
- Wood Siding
- Piling Construction
- Stick Built Home
Interior Spaces
- 2,406 Sq Ft Home
- 2-Story Property
- Furnished
- Ceiling Fan
- Blinds
- Combination Dining and Living Room
- Ocean Views
- Scuttle Attic Hole
Kitchen
- Second Kitchen
- Range<<rangeHoodToken>>
- Dishwasher
Flooring
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- Primary Bedroom on Main
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Storm Doors
- Fire and Smoke Detector
Parking
- Gravel Driveway
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Outdoor Shower
- Deeded access to the beach
- Ocean Side of Freeway
- Balcony
- Deck
- Covered patio or porch
Schools
- White Oak Elementary School
- Broad Creek Middle School
- Croatan High School
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- Electric Water Heater
- Municipal Trash
- On Site Septic
- Septic Tank
Community Details
- No Home Owners Association
- Security Lighting
Listing and Financial Details
- Tax Lot 5B21
- Assessor Parcel Number 630419611339000 630419611441000
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/14/2024 10/14/24 | For Sale | $2,395,000 | +112.9% | $995 / Sq Ft |
11/15/2021 11/15/21 | Sold | $1,125,000 | -13.5% | $468 / Sq Ft |
08/12/2021 08/12/21 | Pending | -- | -- | -- |
07/07/2021 07/07/21 | Price Changed | $1,300,000 | -11.9% | $540 / Sq Ft |
05/26/2021 05/26/21 | For Sale | $1,475,000 | -- | $613 / Sq Ft |
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Source: Hive MLS
MLS Number: 100468232

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