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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

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John Register
Senior Associate Broker
Cell: 252-256-0071
Office: 877-935-0224

YES THE PRICE IS $314,900 AND YES THERE ARE LESS EXPENSIVE OCEANFRONT CONDOS BUT DO YOU REALLY WANT TO STARE OUT AT A PILE OF SAND? Isn't the reason of wanting to own an oceanfront condo is to be able to look right out and see the ocean?? Come on Buyers, this is a great price for a 2nd floor condo with FABULOUS OCEAN VIEWS AND AN ELEVATOR!!! This condo has fantastic rental income and is also an end unit which means more light because of more windows.

GORGEOUS OCEAN VIEWS THE MINUTE YOU OPEN THE DOOR.

ADMIRALS VIEW IS ONE OF THE FEW OCEANFRONT CONDO'S WITH AN ELEVATOR ON THE OUTER BANKS -ADMIRALS VIEW IS ALSO ONE OF THE FEW CONDOS THAT ALLOW THE OWNERS TO HAVE PET'S. Rental income is fantastic year after year - Do the Numbers - Cash Flow is in the Associated Doc's - $10,000 ASSESSMENT HAS ALREADY BEEN PAID BY CURRENT OWNER "for refurbishment of pool area and also Hurricane Shutter expense has already been paid by seller. 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 - BRING THE ENTIRE FAMILY AND TAKE THE ELEVATOR.

This condo has averaged $25k in rental income 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 THE $ 120 QUARTERLY CHARGE IS FOR THE PHONE, CABLE AND INTERNET.

THE OTHER $350 FEE IN THE FINANCIAL SECTION IS WHAT THE SELLER PAYS IS FOR CONTENTS INSURANCE. SIGNATURE TOUCH is the management company 441-88570 CONDO COULD PRODUCE ADDITIONAL 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
444
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.