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438 E 2nd Street, Ocean Isle Beach, NC 28469

$1,800,000
Property Type: Residential Bedrooms: 6 Baths: 6 Square Footage: 2,159 Lot Size (sq. ft.): 5,227 Status: Closed
Current Price: $1,800,000 List Date: 3/29/2023 Last Modified: 3/12/2024

Description

OCEAN FRONT is an understatement! Recently remodeled and truly has it all. Brand new decks facing the ocean, top of the line furniture and mattresses, TILE SHOWERS, brand new appliances, fully stocked kitchen, pool table and arcade games, smart TVs in every room! The owner spared no expenses on this beach home. The home comes ready to entertain large crowds and is equipped with two laundry rooms, two large refrigerators, a new gas grill, and large dining tables for seating 16. INVESTORS!! A SHORT TERM RENTAL DREAM!! The home is turnkey rental ready and already has over $124k on the books for 2023 and is still booking up! Potential to make $150k+ *SEE RENTAL INCOME DOCUMENT *

More Information MLS# 100376379

Contract Info

Sub-Type: Single Family Residence Construction Type: Stick Built Status: Closed Effective Date: 2023-03-29 Delayed Marketing Date (DM): 2023-03-29 Auction: No Listing Price: 1800000 Current Price: $1,800,000 List Price/SqFt: 570.88 Sub Agent Comm $/%: $ Buyer Agent Comm: 2 Buyer Agent Comm $/%: % Variable Comm: No Stipulation of Sale: None

Location Information

Street #: 438 Pre Direction: E Street Name: 2nd Street Suffix: Street County: Brunswick State/Province: NC Zip Code: 28469 City Limits: Yes Marketing City: Ocean Isle Beach Subdivision: Other Secondary Subdivision: N/A Geo Lat: 33.896766 Geo Lon: -78.398306

Remarks and Showing

Directions to Property: Cross the bridge onto Ocean Isle Beach. Turn left on second street. Sign on Property: Yes

Property Exterior Info

New Construction: No Lot Acres: 0.12 Lot SqFt: 5227 Lot Dimensions: 50x100 Waterfront: Yes Waterview: Yes Location Type: Island

Property Interior Info

SqFt - Heated (Primary): 2159 SqFt - Heated Separate: 994 Total SqFt - Heated (Primary + Separate): 3153 # Rooms: 9 # Baths - Full: 5 # Baths - Half: 1 # Baths - Total: 6 # Bedrooms: 6 Master Bedroom Level: Primary Living Area Stories: 3

Legal & Taxes

Tax Assessed Value: 813150 Deed Book: 04475 Deed Page: 415 Legal: L-19 B-33 S-A PLAT 3/178 Broker Owner: No PID: 244NG011 Tax Identifier: 108514236917 Plat Book: 03 Plat Page: 0178 Special Assessments: none Tax Year: 2023 Year Built: 1995 Zoning: R1 HOA: No Cobra Zone: No Elementary School: Union Middle School: Shallotte High School: West Brunswick

Status Change Info

Under Contract Date: 2023-06-06 Sold Price: $1,800,000 Sold Date: 2023-06-30

Garage & Parking

Detached Garage Spaces: 6 Total # Garage Spaces: 6

Rooms

Bathroom 1 Level: Second Bathroom 2 Level: Second Bathroom 3 Level: Second Bathroom 4 Level: Third Bedroom 2 Level: Second Bedroom 3 Level: Third Bedroom 4 Level: Third Bedroom 5 Level: Third Bedroom 6 Level: Third Breakfast Nook Level: Second Dining Room Level: Second Laundry Level: Second Living Room Level: Second Master Bedroom Level: Second

Rental Information

Lease Term: Weekly Gross Income: 124507.77

Property Features

Frontage Type: Ocean Front View Type: Ocean View; Water View Construction: Concrete Unit Type: 4+ Bedroom Exterior Features: Outdoor Shower; Storm Windows Exterior Finish: Vinyl Siding Fencing: Vinyl Foundation: Pilings Fuel Tank: None Parking Features: Gravel Patio and Porch Features: Deck; Porch Roof: Composition Stories/Levels: 3 Story or More Trash Collection: City Pick-UP Road Type/Frontage: Public (City/Cty/St) Lot Water Features: Ocean Side Cooling: Central; See Remarks Heating: Heat Pump Heating System Fuel Source: Electric Water Heater: Electric Utilities: Community Sewer Available; Community Water Available Appliances/Equip: Cooktop - Electric; Dishwasher; Dryer; Ice Maker; Microwave - Built-In; Refrigerator; Stove/Oven - Electric; Vent Hood; Washer Fireplace: None Flooring: LVT/LVP Furnished: Furnished Interior Features: 9Ft+ Ceilings; Basement; Blinds/Shades; Ceiling Fan(s); Furnished; Pantry; Smoke Detectors Laundry Features: Basement; Garage; Room Heated SqFt: 2000 - 2199 Dining Room Type: Combination; Formal; Kitchen Other Structures: Shower HOA and Neigh Amenities: See Remarks Rooms: Bathroom 1; Bathroom 2; Bathroom 3; Bathroom 4; Bedroom 2; Bedroom 3; Bedroom 4; Bedroom 5; Bedroom 6; Breakfast Nook; Dining Room; Laundry; Living Room; Master Bedroom Rental Information: Is Property Subject to Lease?; Is Property Subject to Vacation Rental Act Terms: Cash; Conventional

Room Information

Master Bedroom Level: Second Remarks: KING BED Bedroom 2 Level: Second Remarks: QUEEN BED Bedroom 3 Level: Third Remarks: KING BED Bedroom 4 Level: Third Remarks: QUEEN BED Bedroom 5 Level: Third Remarks: BUNK BED ROOM Bedroom 6 Level: Third Remarks: BUNK BED ROOM Bathroom 1 Level: Second Remarks: MASTER BATH Bathroom 2 Level: Second Remarks: BEDROOM 2 FULL BATH Bathroom 3 Level: Second Remarks: LIVING ROOM HALF BATH Bathroom 4 Level: Third Bathroom 3 Level: Third Living Room Level: Second Dining Room Level: Second Laundry Level: Second Laundry Level: First Breakfast Nook Level: Second
Listing Office: Keller Williams Innovate-Wilmington
Last Updated: March - 12 - 2024
438 E 2nd Street, Ocean Isle Beach, NC 28469- MLS# 100376379
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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