Welcome to the Outer Banks

Top Utility Menu

Push to Talk
Push to Chat

MLS# 91428: 2ND FLOOR END END UNIT

5515 S Virginia Dare Trail NAGS HEAD, NC 27959
Unit 2-A
Bedrooms: 
2
Full Baths: 
2
Area: 
Type: 
Condo: Residential
Waterfront: 
Oceanfront
Asking Price: 
314,900

Request More Information

Karen DelVacchio
Senior Associate Broker
Office: 888-211-8083
Cell: 215-694-8883

ELEVATOR, END UNIT AND GOREGOUS OCEAN VIEWS AT A RESONABLE PRICE. 2ND FLOOR END UNIT PROVIDES BETTER VIEWS THAN A 1ST FLOOR UNIT WITH MORE WINDOWS- ADMIRALS VIEW IS ONE OF THE FEW OCEANFRONT CONDO'S WITH AN ELEVATOR ON THE OUTER BANKS - ADMIRALS VIEW ALSO ALLOWS IT'S OWNERS TO HAVE PETS. OVER $25,000 IN RENTAL INCOME FOR THE PAST SEVERAL YEARS - DO THE NUMBERS -CASH FLOW IN ASSO. DOC'S- ASSESSMENT ALREADY PAID BY THE SELLER ($10,000 ASSESSMENT) FOR NEW POOL LINER, DECK, FENCING, ETC TO BE COMPLETED BEFORE SUMMER OF 2017- "ASSESSMENT HAS ALREADY BEEN PAID BY CURRENT OWNER"!!!! ALSO HURRICANE SHUTTERS EXPENSE HAS BEEN PAID BY SELLER. 2ND FLOOR CORNER END UNIT LIGHT AND BRIGHT, EXTRA WINDOWS, WITH ELEVATOR, POOL AND WALKWAY TO OCEAN WITH OCEAN VIEWS - THIS IS THE LOWEST PRICED OCEANFRONT CONDO ON THE ENTIRE OUTER BANKS WITH AN ELEVATOR.!!!

Try to carry your luggage up and down the stairs, your groceries, etc, etc, Every time you get upstairs you forgot something and have to climb back down all those stairs, NOT IN THIS 2ND FLOOR "END" UNIT CONDO - TAKE THE ELEVATOR.

This condo has averaged $25k for 2013-2016. ROI =8%. One of the few condos with an ELEVATOR!! 2ND Floor end unit with Fantastic wide ocean views.

Recently renovated and tastefully furnished. Ocean views from the deck, living room, kitchen and Master Bedroom.

Condo features community laundry room, pool and walkway to ocean. Unit is a 2nd floor END unit which means more windows and light and bright.

THE PRESENCE OF AN ELEVATOR WILL ALWAYS DEMAND TOP DOLLAR!!!!!!! Sold fully furnished excluding "Hurricane Coastal" Picture in Hallway. Beautiful Ocean Views from Master Bedroom and sliding Doors leading to covered deck.

Andersen Windows and Doors.

Come take a look at this above average oceanfront condo that has been lovingly maintained AND produces rental income over 25k WITH ocean views the moment you open the door. HOA Dues are paid quarterly $1,620 per quarter - Yearly amount = ***$6,480 ( includes Wind, Hail, Fire and Flood Insurance, Phone, Cable and Internet Service) ***INCLUDED IN THE $6,480 A YEAR HOA DUES IS THE $ 120 QUARTERLY CHARGE FOR THE PHONE, CABLE AND INTERNET. THE OTHER $350 FEE THAT THE SELLER PAYS IS FOR CONTENTS INSURANCE. SIGNATURE TOUCH is the management company 441-88570 CONDO COULD PRODUCE ADDITONAL RENTAL INCOME IF OPENED MORE WEEKS BUT SELLER CHOOSES TO USE THE UNIT FOR PERSONAL USE.

CASH FLOW IN ASSOCIATED DOC'S

Area
Nags Head Oceanside
Subdivision
Admirals View
Unit/Lot#
Unit 2-A
Waterfront
Oceanfront
Waterfront Location
Oceanfront
Lot Description
Beach Frontage,Level
Furnishings Available
Yes
Possession
At Closing
Has Pool
Yes
Pool Description
Outdoor
In Ground
Association Pool
Foundation
Piling
Roads
Paved
Private
Appliances
Dishwasher
Microwave
Range/Oven
Refrigerator w/Ice Maker
Heating
Central
Electric
Heat Pump
Heated Living Area SqFt
912
Air Conditioning
Central
Heat Pump
Water
Municipal
Sewer/Septic
Community Septic
View Description:
Ocean
Interior Features
All Window Treatments
Ice Maker Connection
Master Bath
Extras
Beach Access
Boardwalk to Beach
Ceiling Fan(s)
Common Laundry Area
Covered Decks
Elevator
Landscaped
Outside Lighting
Taxes
$2344
Association Amenities
Ocean Access
Outdoor-Comm. Pool
Board Walk
Association Fee Included?
Yes
Association Fee Includes
Building Maintenance
Cable
Grounds Maintenance
Management
Pool
Sewer/Septic
Walkways
Style
Contemporary
Construction
Frame
Wood
Exterior
Vinyl
Parking
Parking Lot
Paved
Off Street
Year Built
1980
Days On Market
383
Listing Agent
Madonna VanCuren
Listing Office
Sun Realty - KDH

Data provided by Outer Banks Association of Realtors MLS. This data is intended for your personal, non-commerical use. Information is deemed reliable, but is not guaranteed. Copyright 2017 Outer Banks Association of Realtors.