3114 Ocean Drive, E & W, Emerald Isle, NC 28594
$1,600,000
Property Type:
Multi-Family
Bedrooms:
6
Baths:
6
Square Footage:
4,214
Lot Size (sq. ft.):
15,246
Status:
Active
Current Price:
$1,600,000
List Date:
6/22/2022
Last Modified:
8/11/2022
Description
Still searching for your happy place in this world? Well, you have found it, this property is appropriately named ''HAPPY PLACE''. This FULL DUPLEX has an established rental history, in 2021 it earned over $100k gross rentals combined. Ocean and Sound views. This property is heavily rented during the summer season with a heated pool to extend the typical summer season well into the fall and spring- providing consistent income. Heated swimming pool located on the EAST side of the property. Renters share use of the pool with a hot tub on each side. Each side has an enclosed hot/cold outdoor shower plus another in the pool area. Ground-floor levels on each side have game rooms with TV's, full size refrigerators and foosball tables. Trex decking on the oceanside. Perhaps you will want to keep one side for personal use and rent the other- the decision is yours after this season's rentals are fulfulled. New metal roof 2019. Each side has plenty of room for everyone to feel at home, fully furnished, water softner, and covered porches to enjoy anytime of day plus lots of natural sunlight. Plenty of parking with addtional spots on each side. Conveniently located near shopping and a watersports facility. Beach access is direcctly across the street. Beautiful area of the island. Think of all the wonderful possibilities and memories to be made.
More Information MLS# 100334991
Contract Info
Status: Active
Effective Date: 2022-06-22
Delayed Marketing Date (DM): 2022-06-22
Sub-Type: Duplex
Auction: No
Listing Price: 1600000
Current Price: $1,600,000
List Price/SqFt: 379.69
Sub Agent Comm: 1.9
Sub Agent Comm $/%: %
Buyer Agent Comm: 1.9
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 3114
Street Name: Ocean
Street Suffix: Drive
Unit #: E & W
County: Carteret
State/Province: NC
Zip Code: 28594
City Limits: Yes
Marketing City: Emerald Isle
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 34.6756
Geo Lon: -76.962763
Remarks and Showing
Directions to Property: Emerald Dr. turn towards the ocean onto Ocean Dr. (near Dollar General & Old Flip Flops) follow Ocean Dr. around the corner and Happy Place (3114 Ocean Dr.) will be on the right.
Sign on Property: Yes
Building Info
New Construction: No
Property Exterior/Interior Info
Lot Acres: 0.35
Lot SqFt: 15246
Lot Dimensions: 117X136X118X121
Waterfront: No
Waterview: Yes
Location Type: Island
# Bedrooms: 6
# Baths - Total: 6
SqFt - Heated (Primary): 4214
# Total Units: 2
Stories: 3
Owner Occupied: No
Property Mgmt Company: Yes
Financials Available: Yes
Legal and Taxes
Tax Assessed Value: 900388
Deed Book: E1456 / W1455
Deed Page: 307116
Legal: EAST LOT HAPPY PLACE TOWNHOMES
WEST LOT HAPPY PLACE TOWNHOMES
Broker Owner: No
PID: 631413233078000
Tax Identifier: 631413233078000
Plat Book: E 10S / W 10S
Plat Page: E 523 / 522
Special Assessments: N/A
Tax Year: 2021
Year Built: 2004
Zoning: RES
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Middle School: Broad Creek
High School: Croatan
Garage & Parking
Other - See Remarks: addt'l parking
Service Providers
Electric Provider: Carteret-Craven Electric Cooperative
Water Provider: Bogue Banks Water Corp
Side/Unit 1
Total Rooms: 5
# of Bedrooms: 3
Full Baths: 2
Half Baths: 1
Avg SqFt: 2100
Furnished: Yes
Rent: 1
Occupied: Yes
Side/Unit 2
Total Rooms: 5
# of Bedrooms: 3
Full Baths: 2
Half Baths: 1
Avg SqFt: 2100
Furnished: Yes
Rent: 1
Occupied: Yes
Rental Income
Gross Rental Income: 107065
Year Gross Rental Income Collected: 2021
Property Features
Construction: Wood Frame
Exterior Features: Gas Grill; Irrigation System; Thermal Windows
Exterior Finish: Vinyl Siding
Fencing: Partial; Vinyl
Foundation: Pilings; Slab
Fuel Tank: None
Parking/Driveway: Concrete; Gravel; Off Street; On Site; See Remarks
Porch/Balcony/Deck: Covered; Deck; Porch
Pool/Spa: Hot Tub; In Ground
Roof: Metal
Stories/Levels: End Unit
Road Type/Frontage: Public (City/Cty/St)
Lot Water Features: Ocean Side; Ocean View; Second Row; Sound View; Water Access Comm; Water View; Waterfront Comm
Cooling System: Heat Pump
Heating System: Heat Pump
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Municipal Water
Sewer: Septic On Site
Appliances/Equip: Dishwasher; Dryer; Microwave - Built-In; Refrigerator; Stove/Oven - Electric; Washer; Water Softener
Fireplace: None
Flooring: Carpet; Tile; LVT/LVP
Furnished: Furnished
Interior Features: Blinds/Shades; Ceiling Fan(s); Hot Tub
Dining Room Type: Kitchen
Side/Unit 1 Cooling: Central
Side/Unit 1 Heating: Heat Pump
Side/Unit 1 Appliance: Cooktop - Electric; Dishwasher; Dryer; Microwave Built-In; Refrigerator; Stove/Oven - Electric; Washer; Water Softener
Side/Unit 1 Features: Living Room; Patio/Balcony/Deck
Side/Unit 1 Rent Frequency: Weekly
Side/Unit 1 Owner Pays: Cable; Cooling; Electric; Heating; Lawn Maintenance; Pest Control; Pool Maintenance; Supplies; Trash Removal; Water/Sewer
Side/Unit 2 Cooling: Central
Side/Unit 2 Heating: Heat Pump
Side/Unit 2 Appliance: Dishwasher; Dryer; Microwave Built-In; Refrigerator; Stove/Oven - Electric; Washer; Water Softener
Side/Unit 2 Features: Living Room; Patio/Balcony/Deck
Side/Unit 2 Rent Frequency: Weekly
Side/Unit 2 Owner Pays: Cable; Cooling; Electric; Heating; Lawn Maintenance; Pest Control; Pool Maintenance; Supplies; Trash Removal; Water/Sewer
HOA and Neigh Amenities: Street Lights
Terms: Cash; Conventional
Listing Office: Emerald Isle Realty
Last Updated: August - 11 - 2022
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