#100474056, Listing Office: Bluewater Real Estate - EI
$10,000
closing credit¹
5213 Ocean Dr Unit E & W Emerald Isle, NC 28594
Property details
About 5213 Ocean Dr Unit E & W
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!
Highlights
Summary
- MLS Number: 100468232
- Office Name: Russell Homes and Land
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Last updated on: 2/3/2025, 8:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,395,000
5213 Ocean Dr Unit E & W
$10,000
closing credit¹
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Price information
Property sales
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Nearby schools
6
Bogue Sound Elementary School
Public District PK-5
3.7 mi
•3323 Highway 24
7
White Oak Elementary School
Public District PK-5
4.6 mi
•555 Wb McLean Dr
5
Swansboro Elementary School
Public District KG-5
9.0 mi
•118 School Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $66,667. Most Emerald Isle, NC residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 5213 Ocean Dr Unit E & W
This home is located at 5213 Ocean Dr Unit E & W in Emerald Isle, NC and zip code 28594. This 2,406 square foot home, which was built in 1980, sits on a 0.34 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $2,395,000.
In January 2025, from all listings sold in Emerald Isle, NC there were more than 0 sold above asking price, over 9 sold below and more than 1 were sold right at the asked price. In January 2025 in Emerald Isle, NC there were 2.2% more homes for sale than in December. Listings spent 125 days on the market in January 2025, and had a median list price of $769,000 during the same period.