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5213 Ocean Drive, Emerald Isle, NC 28594:
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!

Property Info
Property Type: Residential
MLS Number: 100468232
Lot Size: 0.34 Acres
Waterfront: Yes
Waterview: Yes
Home Style/Type: Stick Built
Year Built: 1980
Property Sub Type: Single family residence
Price: $2,395,000
Size: 2,406 Sqft
Bedrooms: 8
Bathrooms: 4
Sale Type: None
Status: Active
Location Details
Community: Not In Subdivision
Road Frontage:
- Maintained
- Public (City/Cty/St)
- Paved
Street Suffix: Drive
County: Carteret
City: Emerald Isle
Zipcode: 28594
Water Features:
- Ocean side
- Deeded Beach Access
Property Features
Foundation:
- Pilings
- Raised
Roof: Architectural Shingle
Siding:
- Fiber Cement
- Wood Siding
Air Conditioning:
- Central
- Heat Pump
Heating:
- Heat Pump
- Forced ai
Fireplaces: No
Floors:
- Carpet
- LVT/LVP
Water/Sewer:
- Municipal Water
- Septic On Site
Garage: 0.00
Porch/Deck:
- Covered
- Deck
- Porch
- Balcony
Fence: No
Attic: Scuttle
Appliances:
- Dishwasher
- Range
- Washer
- Vent Hood
- Refrigerator
- Dry
Interior Features:
- 1st Floor Master
- Smoke Detectors
- Furnished
- Pantry
Exterior Features:
- Outdoor Shower
- Storm Doors
- Security Lighting
Pool/Spa: No
5213 Ocean Drive, Emerald Isle, NC 28594
$2,395,000
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