16 E First Street Unit #305, Ocean Isle Beach, NC 28469

$810,000
4
BD
2
BA
1,358
SqFt
List Price
$810,000
Status
ACTIVE
MLS#
100357411
Days on Market
24
Year Built
1984
Levels
One and One Half
Bedrooms
4
Bathrooms
2
Full-baths
2
Living Area
1,358
Neighborhood/Complex
Ocean Cove
Unit Number
305

Property Description

LOCATION. LOCATION. LOCATION. This Condo has it all. This very rare, Oceanfront 4 bedroom vacation getaway has tons of upgrades and million dollar views of the beach and fishing pier . Wake up to the most amazing sunrise views of Ocean Isle Beach and Ocean. You're just a short distance from all the island has to offer, including an oceanfront pool, relaxing days on the beach, fishing charters, fine dining, shopping and golfing. This condo has tremendous cash flow potential and with a solid rental history ($80K in just April-September of 2022). This unit offers cathedral ceilings throughout, spacious bedrooms, a large living area, remodeled kitchen with granite countertops, large outdoor patios, and a brand new elevator from the reserved, covered parking spot right into the kitchen. I've included a detailed list of all the upgrades and all the local attractions. Also added the rent history and next year's bookings. This condo is heavily booked and has tremendous cash flow potential. This one won't last long as it's ideally located on the island, and it offers a very sought after 4 bedroom floor plan. Seller's are providing 10,000 in concessions to Use As You Choose. You can use it for upgrades, closing costs or buy down the Interest Rate. Enhancements include: Certified and recently replaced HVAC system(entire system- 2 zone), New Appliances 2021/22 (dishwasher, cooktop, refrigerator, microwave, disposal), New TVs (5) 2021/22, New Elevator 2021, LVP Flooring 2021 ,Granite 2021, New Mattresses/Bedding 2021/22, New LR Furniture 2021, New Cypher Locks (all doors) 2021, New Programmable thermostats 2021, UV Film on sliding doors 2022 (30% savings on electric bill this summer!), New Plumbing. Local Attractions include OIB Town Park, Beach Center, Fishing Pier, Boat Rentals, Charters, Museum, and amazing eateries(Pelicans, Jinx Creek, Sharkys, 59 Causeway and Breakers

Additional Information

HOA (annual)
$11,388
Available Amenities
Maint - Comm Areas, Pool-Community
Appliances
Cooktop - Electric, Dishwasher, Disposal, Refrigerator, Wall Oven
Interior Features
1st Floor Master, Ceiling - Trey, Ceiling - Vaulted, Kitchen Island
Cooling
Heat Pump
Heating
Heat Pump
Floors
Carpet, LVT/LVP, Tile
Foundation
See Remarks
Roof
Shingle
Exterior Finish
Vinyl Siding
Exterior Features
Balcony, Deck
Waterfront
Yes
Utilities
Other
Lot Water Features
None
Elementary School
Union
Middle School
Shallotte
High School
West Brunswick

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Redfin Corporation.

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