Incredible Investment Opportunity to own a 7 BR Oceanside home in Southern Shores with over 13% estimated gross rental return for 2024! Just 4 lots from the Ocean on over ½ acre of land, this property offers incredible Ocean views from its roof top deck with not to be missed sunrises and sunsets! The outdoor entertainment continues with a screened-in porch, extensive sun and covered decking on the top and mid levels, and a fun Tiki bar overlooking the fenced in private pool area complete with hot tub. The top level features an open and airy kitchen, living room and dining area, and is filled with tons of natural light. You will love entertaining in this grand space that boasts cathedral ceilings, a gas fireplace, and plenty of seating. Each of the 7 bedrooms has a private en-suite bath, with two located on the top level and 5 on the mid level. The mid level also offers a sitting area with new smart TV and access to the covered decking where you can relax in one of the many swings overlooking the pool area. The ground level is where the party really starts with an enormous game and rec room complete with 2 new smart TV’s, a sectional sofa for lounging, a foosball table, pool table, gaming/puzzle table and a new arcade game! The beach access is located at the end of the cul-de-sac on Sandfiddler Court with no roads to cross, or you can get on the walking / bike path that takes you all the way to the Town of Duck just 2.9 miles away. The optional Southern Shores Civic Association offers community tennis courts, a marina with boat launch, soundfront park, and playground just a short distance away and perfect for launching your boat, kayaks, fishing, crabbing or enjoying a sunset picnic! New Fortified Roof to be installed early ’24!
Single-familyProperty Type
2000Year Built
0.57 acresLot Size
Listed by Heather Sakers• Coldwell Banker Seaside Realty KH
Perfect Opportunity to own a beautiful 7 Master Bedroom beach home with private pool located in Southern Shores Oceanside and just 4 lots from the oceanfront with Estimated Advertised Gross Rental Projection of 11.32% GRI. This spacious home features Ocean Views from the Roof Top Deck, Oversized Large Lot (greater than 1/2 acre), Screened in Porch, Fireplace, Huge Rec Room, colossal Pool Area with Tiki Bar & Hot Tub, Lots of Decks, Short Distance to the Beach and Strong Rental Income. 2022 Estimated Rental Projection in Advertised Gross Rental Income is $98,400 with 11.32% GRI. Ground Level offers great entertainment for all with the enormous Rec Room with Pool Table, Foosball, PingPong Table, Sitting Area, Full Bath and access to the outside Pool Area with Tiki Bar that has refrigerator and sink. Mid Level has 5 Master Bedrooms with their own private Bathrooms, Lots of Decks, plus Laundry area is located on the Mid Level. The Top Floor is Open and Bright and includes Spacious Family Room with Fireplace, Well positioned Kitchen, Dining Room with plenty of sitting, Decks and 2 Master King bedrooms with their own private Bathrooms. Path leading to easy Beach access is located at the end of the cul de sac on SandFiddler Court. If you are looking for a spacious 7 Master Bedroom Beach Home that has all the amenities that guests are looking for, plus Private Pool with Tiki Bar, Huge Rec Room, Sky Deck with Ocean Views, Strong Rental Income and located approximately 520 yards to the Beach, then this is the home for you! Call now to schedule a showing.
OBMLS #86742
Jan 3, 2017
Sold
$474,645
Feb 8, 2015
Listed
$525,900
+23
More than 10% ROI!!! Between Resort and VRBO and Flipkey - this home generated over $72,000 in 2016!!! Short walk to the beach - a great find for a 7 MASTER BR OCEANSIDE home with a private pool and HUGE Lot in Southern Shores. The spacious, open great room has a cozy fireplace, and the kitchen has a breakfast bar that seats six in addition to the large dining room table. All 7 bedrooms have their own private bath for your convenience. Entertainment is easy with the game room that has a Pool Table, Foosball, Ping Pong and a TV. From the private pool and hot tub to the rooftop deck with amazing ocean views, this home is sure to please everyone. Lots of decks, large pool area, and Tiki bar. Huge lot offers great outdoor entertainment possibilities. Approximately 520 yards to the beach RENTAL INCOME BREAK DOWN AS OF 9/10/16 - is in Associated Docs
As the MLS and public records start to fill up, we'll list the details here.