5 Oceanic Street

Wrightsville Beach, NC 28480

$3,000,000
Price
6
Beds
4
Baths
1
1/2 Bath
3,041 Sq. Ft.
$987 / Sq. Ft.
3,041
Sq. Ft.
$987
per Sq. Ft.

Virtual Tour

Virtual Tour

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Description

Welcome to 5 Oceanic Street, a rare gem nestled in the heart of downtown Wrightsville Beach. This luxurious triplex epitomizes coastal living at its finest, offering immediate income potential and unparalleled convenience just steps from the Atlantic Ocean. Each of the three units has been meticulously renovated and updated with luxury in mind, offering modern amenities and coastal charm throughout. From the side-by-side 2-bedroom shotgun style units on the first floor to the spacious 2-bedroom unit...Welcome to 5 Oceanic Street, a rare gem nestled in the heart of downtown Wrightsville Beach. This luxurious triplex epitomizes coastal living at its finest, offering immediate income potential and unparalleled convenience just steps from the Atlantic Ocean. Each of the three units has been meticulously renovated and updated with luxury in mind, offering modern amenities and coastal charm throughout. From the side-by-side 2-bedroom shotgun style units on the first floor to the spacious 2-bedroom unit with open floor plans and antique pine floors upstairs, every detail exudes elegance and sophistication. All units are sold fully furnished with HIGH end professional interior design selections making this a true ''turn-key'' investment. This historic building, though age-old, has been transformed into a fortress of modern comfort, ensuring durability and longevity for discerning buyers. With two coveted parking spaces per unit, convenience is paramount for both residents and guests alike. Indulge in the vibrant beach lifestyle with renowned dining destinations such as Tower 7 and the iconic King Neptune's just a stone's throw away. Sweetwater surf shop and Jimmies add to the allure, offering endless opportunities for entertainment and exploration. Perfect for the astute investor seeking both immediate income and long-term flexibility, this property presents the option to renew the lease or even occupy one of the units while renting out the others. Don't miss this unparalleled opportunity to own a slice of paradise in Wrightsville Beach, where luxury, convenience, and coastal charm converge in perfect harmony. Perfect opportunity to ''house hack'' and or take over operating the property as a short term or midterm rental. Solid rental history and future rental income projections are VERY strong. This property is ready to perform for you and your family or portfolio!
  1. Listed by Christian Cardamone • Keller Williams Innovate-Wilmington

Property Details for 5 Oceanic Street

Parking Features
Off Street, On Site, Shared Driveway
View
Ocean, Canal, Sound View, Water
Subdivision Name
Not In Subdivision
Zoning
R-2-WB
Parking Total
.00
Waterfront
No
LISTING UPDATED: 10/14/2024 05:19 AM

Property Details for 5 Oceanic Street

StatusActive
MLS #100437091
Days on Market215
Taxes$4,040 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Triplex
Year Built1945
Lot Size0.08 AC / 3,528 SF
CountyNew Hanover County

Virtual Tour

Building Information for 5 Oceanic Street

Stories2Residences-Year Built1945Building Size-Lot Size0.08 AC / 3,528 SF

Property Information for 5 Oceanic Street

Summary
Location and General Information
  • City: Wrightsville Beach
  • State Or Province: NC
  • Postal Code: 28480
  • County Or Parish: New Hanover
  • Directions: Wrightsville Beach, first house on Oceanic St next to Neptunes parking Lot.
  • Latitude: 34.21
  • Longitude: -77.79
  • Number Of Units In Community: 3
  • City Limits: Yes
  • Secondary Subdivision: N/A
  • Property Exterior Interior Info: Waterfront: No
  • Building Info: Waterview: Yes
  • Property Exterior Interior Info: Location Type: Island
  • Where Located: front door each unit
  • Legal and Taxes: Zoning Details: R-2-WB
Taxes and HOA
  • Tax Other Assessment Amount Frequency: N/A
  • Association Fee: $.00
  • Tax Legal Description: LOT 3 BLK 102 WRI BCH EXT
  • Tax Book Number: 0
  • Tax Map Number: R06308-015-009-000
  • Tax Year: 2023
  • Tax Assessed Value: $745,000.00
  • Parcel Number: R06308-015-009-000
  • Tax Block: 0
  • Association: No
  • Tax Annual Amount: $4,040.14
  • Legal and Taxes: HOA: No
  • Legal and Taxes: Cobra Zone: No
  • Legal and Taxes: Deed Book: 6608
  • Legal and Taxes: Deed Page: 1292.0
  • Legal and Taxes: Legal: LOT 3 BLK 102 WRI BCH EXT
  • Legal and Taxes: PID: R06308-015-009-000
  • Legal and Taxes: Plat Book: 0
  • Legal and Taxes: Plat Page: 0
  • Legal and Taxes: Tax Assessed Value: $745,000.00
  • Legal and Taxes: Total Real Estate Property Taxes: $4,040.14
  • Legal and Taxes: Tax Year: 2023
  • HOA Amenities: Access Only: Yes
Parking
  • Open Parking Spaces: 4.00
  • Carport Spaces: .00
  • Attached Garage: No
  • Driveway Spaces: 4.00
  • Attached Garage Spaces: .00
  • Detached Garage Spaces: .00
  • Total Carport Spaces: .00
  • Parking Driveway: Off Street: Yes
  • Parking Driveway: On Site: Yes
  • Parking Driveway: Shared: Yes
School Information
  • Middle Or Junior School: Noble
  • High School: Hoggard
  • Elementary School: Wrightsville Beach
Virtual Tour
Property
Lot Information
  • Lot Size Units: Acres
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Dimensions: 64x55x64x55
  • Building Area Total: 3041.0
  • Lot Size Square Feet: 3528.0
  • Property Exterior Interior Info: Lot Dimensions: 64x55x64x55
  • Property Exterior Interior Info: Lot Acres: 0.08
  • Property Exterior Interior Info: Lot Sq Ft: 3528.0
  • Side Unit 1: Avg Sq Ft: 753.0
  • Side Unit 2: Avg Sq Ft: 778.0
  • Side Unit 3: Avg Sq Ft: 1329.0
  • Lot Water Features: Canal View: Yes
  • Lot Water Features: Ocean Side: Yes
  • Lot Water Features: Ocean View: Yes
  • Lot Water Features: Water View: Yes
Property and Assessments
  • Structure Type: See Remarks
  • Documents Available: Floor Plan
  • New Construction: No
  • Year Built: 1945
  • Legal and Taxes: Special Assessments: N/A
  • Construction: Block: Yes
  • Construction: See Remarks: Yes
  • Foundation: Slab: Yes
Utilities
  • Sewer: Municipal Sewer
  • Utilities: Sewer Connected
  • Water Source: Municipal Water
  • Utilities: Municipal Sewer: Yes
  • Utilities: Municipal Water: Yes
Interior and Exterior Features
Exterior Features
  • Stories: 2
  • Stories Levels: 2nd Floor: Yes
  • Association Amenities: No Amenities
  • Construction Materials: Block, Vinyl Siding, Wood Siding
  • Roof: Architectural Shingle
  • Fencing: Partial, Back Yard, Wood
  • Accessibility Features: None
  • Exterior Features: None, Balcony
  • Patio And Porch Features: Covered, Deck, Patio, Porch, See Remarks
  • Window Features: Blinds
  • Exterior Finish: Block: Yes
  • Exterior Finish: Vinyl Siding: Yes
  • Exterior Finish: Wood Siding: Yes
  • Exterior Finish: See Remarks: Yes
  • Fencing: Partial: Yes
  • Fencing: Wood: Yes
  • Fuel Tank: None: Yes
  • Porch Balcony Deck: Balcony: Yes
  • Porch Balcony Deck: Covered: Yes
  • Porch Balcony Deck: Deck: Yes
  • Porch Balcony Deck: Patio: Yes
  • Porch Balcony Deck: Porch: Yes
  • Roof: Architectural Shingle: Yes
  • Roof: See Remarks: Yes
  • Foundation Details: Slab
Interior Features
  • Levels: Two
  • Flooring: Tile, Wood
  • Interior Features: Wash/Dry Connect, Kitchen Island, Master Downstairs, 2nd Kitchen, Apt/Suite, Ceiling Fan(s), Furnished, Pantry, Walk-in Shower, Eat-in Kitchen
  • Basement: None
  • Cooling: Central Air
  • Fireplace Features: None
  • Heating: Electric, Heat Pump
  • Laundry Features: Hookup - Dryer, Laundry Closet, In Hall, Washer Hookup
  • Appliances: See Remarks, Vent Hood, Stove/Oven - Electric, Dishwasher, Cooktop - Electric
  • Bathrooms Total Integer: 5
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Notational: 5.00
  • Cooling: Yes
  • Heating: Yes
  • Fireplace: No
  • Bedrooms Total: 6
  • # Baths - Total: 5.00
  • Handicap Accessible: None: Yes
  • Accessibility: Kitchen: Yes
  • Flooring: Tile: Yes
  • Flooring: Wood: Yes
  • Cooling System: Central: Yes
  • Heating System: Electric: Yes
  • Appliances Equip: Cooktop - Electric: Yes
  • Appliances Equip: Dishwasher: Yes
  • Interior Features: 1st Floor Master: Yes
  • Interior Features: 2nd Kitchen: Yes
  • Interior Features: Apt Suite: Yes
  • Interior Features: Blinds Shades: Yes
  • Rooms: Kitchen: Yes
Mobile Home
Mobile/Manufactured Home
  • Park Manager Name: Yes
Multi Family
Multi-Family Information
  • Income Property: Yes
  • # Total Units: 3.00
Unit 1
  • Total Rooms: 4
  • # of Bedrooms: 2
  • Full Baths: 1
  • Half Baths: 0
  • Furnished: Yes
  • Rent: $4,000.00
  • Occupied: True
  • Features: Patio Balcony Deck: Yes
  • Features: WD Hookup: Yes
  • Appliance: Cooktop - Electric: Yes
  • Appliance: Dishwasher: Yes
  • Appliance: Microwave Built-In: Yes
  • Appliance: Refrigerator: Yes
  • Appliance: Stove Oven - Electric: Yes
  • Appliance: Vent Hood: Yes
  • Cooling: Central2: Yes
  • Heating: Electric: Yes
  • Rent Frequencys: Monthly: Yes
  • Owner Pays: None43: Yes
Unit 2
  • Total Rooms: 4
  • # of Bedrooms: 2
  • Full Baths: 1
  • Half Baths: 0
  • Furnished: Yes
  • Rent: $4,000.00
  • Occupied: Yes
  • Features: Dining Room: Yes
  • Features: Living Room: Yes
  • Features: Patio Balcony Deck: Yes
  • Features: W D Hookup: Yes
  • Appliance: Cooktop - Electric: Yes
  • Appliance: Dishwasher: Yes
  • Appliance: Microwave Built-In: Yes
  • Appliance: Refrigerator: Yes
  • Appliance: Stove Oven - Electric: Yes
  • Appliance: Vent Hood: Yes
  • Cooling: Central: Yes
  • Heating: Electric: Yes
  • Heating: Heat Pump: Yes
  • Rent Frequencys: Monthly: Yes
Unit 3
  • Total Rooms: 4
  • # of Bedrooms: 2
  • Full Baths: 2
  • Half Baths: 1
  • Furnished: Yes
  • Rent: $6,000.00
  • Occupied: Yes
  • Features: Extra Storage: Yes
  • Features: Living Room: Yes
  • Features: Patio Balcony Deck: Yes
  • Features: W D Hookup: Yes
  • Appliance: Cooktop - Electric: Yes
  • Appliance: Dishwasher: Yes
  • Appliance: Microwave Built-In: Yes
  • Appliance: Refrigerator: Yes
  • Appliance: Stove Oven - Electric: Yes
  • Cooling: Central: Yes
  • Heating: Electric: Yes
  • Heating: Heat Pump: Yes
Unit 4
  • Occupied: Yes
  • Features: Living Room: Yes
  • Cooling: See Remarks: Yes
  • Heating: Heat Pump: Yes
Rental
Rental Information
  • Side Unit 2 Rent Frequency: Monthly: Yes
  • Property Exterior Interior Info: Pets: No

Property History for 5 Oceanic Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Oceanic Street

Taxable ValueLand$639,000Additions$106,000Total$745,000
Tax Record2023$4,040 ($337 / month)
Home Facts
Baths4Total Finished SqFt3,132 SqFtAbove Grade Finished SqFt3,132 SqFtStories1Lot Size3,528 SqFtStyleTriplexYear Built1945Year Renovated2021ZoningR-2,WB TWO FACountyNEW HANOVERAPNR06308-015-009-000

Schools near 5 Oceanic Street

This home is within New Hanover County School District.
Rating
School
Type
Grades
Distance
Wrightsville Beach Elementary
Public - K to 5
M C S Noble Middle
Public - 6 to 8
John T Hoggard High
Public - 9 to 12
Dr Hubert Eaton Sr Elementary
Public - K to 5
Rating
School
Distance
Wrightsville Beach Elementary
PublicK to 5

M C S Noble Middle
Public6 to 8

John T Hoggard High
Public9 to 12

Dr Hubert Eaton Sr Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 5 Oceanic Street, Wrightsville Beach, NC 28480

5 Oceanic Street is a multi-family home for sale in Wrightsville Beach, NC 28480. This property was listed for sale on April 5, 2024 by Keller Williams Innovate-Wilmington, it's currently listed at $3,000,000. It has been on the market for a total of 215 days and was last sold on November 22, 2022. This listing's school district is New Hanover County School District. Nearby schools include Wrightsville Beach Elementary, M C S Noble Middle and John T Hoggard High. 5 Oceanic Street is a 6-bed, 4.5-bath, 3,041 sqft multi-family home built in 1945.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Innovate-Wilmington

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 10/14/2024 05:19 AM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 Hive MLS