tomo logo

$1,100,000

Beds
6
Baths
4.0
sq ft
2,660

5416 W Beach Dr, Oak Island, NC 28465

5416 W Beach Dr

Oak Island, NC 28465

  • 17 days on market
Hit the Trifecta with this incredible West-End Triplex! This exceptional property offers unparalleled flexibility and unbeatable location. Whether you're looking to rent by floor or as an entire house, this triplex provides endless opportunities. Each floor boasts its own fully equipped kitchen and private laundry, ensuring convenience and independence for every level. Nestled across the street from both the beach and the sound, this property offers stunning ocean views from the front and serene sound views from the back. Its ideal location is just one block from a popular restaurant and marina, putting all the best amenities within walking distance. The smart layout maximizes potential:  The ground floor is a completely separate unit with 2 bedrooms, 1 full bath, a full kitchen, a screened porch, and private laundry, perfect for guests or rental income.  The middle and penthouse levels offer interior stairs for seamless access or can function independently with private exterior entries. This allows for options in for renting the floors together or separate. The majority of this property lies in the desirable 0.2 flood zone, a significant advantage for peace of mind and long-term value. Live here year-round, rent it out, or enjoy the flexibility to vacation while collecting rental revenue. Opportunities like this are rare, so don't let this West End gem slip away!

Details

Property type

Single Family Residence

Est. home value

$878,281

Lot size

7,500 sq ft

Price per sq ft

$414

Year built

1965

Price History

12/05/2024
NorthCarolinaRegional

NorthCarolinaRegional #100478864

Listed
$1,100,000
+110.73%
08/28/2020
NorthCarolinaRegional

NorthCarolinaRegional #100226645

Sold
$522,000

Schools & Community

Elementary school: 

Southport

Middle school: 

South Brunswick

High school: 

South Brunswick

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Pnc Mortgage Llc

Loan start date

February 2013

Original loan amount

$395,000

Est. remaining balance

$284,235

Interest rate

3.37%

Loan type

New Conventional, 30 year

Seller

Kevin A Gardner and Karen Z Gardner

Lender

National City Mortgage

Loan start date

August 2007

Original loan amount

$417,000

Est. remaining balance

$276,732

Interest rate

6.73%

Loan type

New Conventional, 30 year

Seller

Kevin A Gardner and Karen Z Gardner

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/22/2024 at 4:30 AM

Listing updated: 12/17/2024 at 12:22 PM

Listed by: Kim S Anderson, Art Skipper Realty Inc. Phone #: (910) 278-6730

MLS: NorthCarolinaRegional #100478864

NorthCarolinaRegional logo

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