About 5213 Ocean Drive E&w
Summerplace is a fully-furnished oceanfront 8bdrm, newly updated, meticulously maintained, turnkey rental duplex with partial seller financing available with substantial down payment, located on the glistening Crystal Coast's prized beaches of Emerald Isle, with generous setback, new wide gravel driveway w solar lighted border, stunning ocean views from 6 of the 8 bedrooms. See Virtual Tour! Private beach access via newer solar-lighted deck terminates in rebuilt 16'x16' dune deck w. rocking chairs for coffee or sunset cocktails, then 4 steps to the sand! Visit the Aquarium in Pine Knoll Shores in 15 min. or Bogue Island Fishing Pier in 10, & restaurants galore. Rents grossed $128K '22, $135K '23, $135K in '24 in under 14 weeks due to elective personal use, imagine year round rentals! Financials, Cash flow docs avail. A professional Prop Mgt Firm could have this rented many more weeks, see 35 Week Proforma! Family used most of 2025 time due to remodeling and illness, but May-Sept 2026 already booked at $121.5K. A pool, with proper permits, would increase rents further, buyer to assess. Each side has 4br2ba but with five beds on each side, the duplex sleeps 18. Upgrades 2022-2026 include: stainless steel appliances, granite countertops, smooth ceilings, recessed lighting, new sinks, new hardware, new main FL baths w. custom tiled showers and floors w. epoxy grout, main FL bedrooms with newer drywall, wainscoting, carpeting and wall lamps, new fans 1st FL, new beadboard wainscoting 2nd FL bedrooms, newer high-impact windows reset w. new flashing, new siding rear & sides, newer roof (2018), interior/exterior painted, HOT WATER and new plumbing in all three newer outdoor showers, outdoor showers ALL have HOT WATER, newer 2nd Floor deck with ocean views accessible to all 4 second FL bedrooms, HVAC replaced in the winter of 2022-2023, newer hot water heaters, electric panels, buried lines, and water lines upgraded to facilitate sale of one side if buyer chooses. Home sits on a deep .34 acre oceanfront lot with 8 bedroom septic, separate 4 bedroom septic permitted on each side, both pumped in Q4 2024. The owners self-manage units w. VRBO and direct website. Supplies, sand toys, boogie boards, outdoor furniture and linens all convey. Come peruse the reviews of paradise in our guest books to an ocean breeze on the dune deck! Listing broker is co-owner with partner/spouse.
