438 E 2nd Street, Ocean Isle Beach, NC 28469 (MLS# 100376379)

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

Overview

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 *

Listing Details MLS# 100376379

Contract Info

Sub-Type: Single Family Residence
Construction Type: Stick Built
Marketing Start Date: 2023-03-29
Auction: No
Listing Price: 1800000
List Price/SqFt: 570.88
Stipulation of Sale: Standard

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

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: Yes
# Baths - Total: 6
# Bedrooms: 6
Master Bedroom Level: Primary Living Area
Stories: 3
Fireplace Y/N: No

Legal Taxes

Year Built: 1995

More Information

Status Change Info

Under Contract Date: 2023-06-06
Sold Date: 2023-06-30

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: Oceanfront View Type: Ocean; Water Construction: Concrete Unit Type: 4 Bedroom Or More Exterior Features: Outdoor Shower Exterior Finish: Vinyl Siding Fencing: Vinyl Foundation: Pilings Parking Features: Gravel Patio and Porch Features: Deck; Porch Roof: Composition Levels: 3 Story or More Trash Collection: City Pick-UP Lot Water Features: Ocean Side Cooling: Central Air; Other Heating: Heat Pump Heating System Fuel Source: Electric Water Heater: Electric Utilities: Sewer Available; Water Available Sewer: Community Sewer Water Source: Community Water Flooring: LVT/LVP Furnished: Furnished Interior Features: Basement; Blinds/Shades; Ceiling Fan(s); Furnished; High Ceilings; Pantry Window Features: Storm Window(s) Security Features: Smoke Detector(s) Laundry Features: In Basement; In Garage; Laundry 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

Room Name	Level	Remarks
Master Bedroom	Second	KING BED
Bedroom 2	Second	QUEEN BED
Bedroom 3	Third	KING BED
Bedroom 4	Third	QUEEN BED
Bedroom 5	Third	BUNK BED ROOM
Bedroom 6	Third	BUNK BED ROOM
Bathroom 1	Second	MASTER BATH
Bathroom 2	Second	BEDROOM 2 FULL BATH
Bathroom 3	Second	LIVING ROOM HALF BATH
Bathroom 4	Third
Bathroom 3	Third
Living Room	Second
Dining Room	Second
Laundry	Second
Laundry	First
Breakfast Nook	Second

IDX

Listing Office: Keller Williams Innovate-Wilmington

Last Updated: March - 12 - 2024

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