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$249,000
100462650 MLS
Are you looking for a savvy investment on Oak Island? Well, OPPORTUNITY KNOCKS! This lot is only 500 yards from sandy toes access down a shaded road, with beaconing, beautiful Live Oak Trees . You can literally walk down your driveway, trot south to the Atlantic Ocean, and relish in those stellar sunrises and sunsets this paradise offers. This lot also comes with a profitable income producing residence. Yep, a vintage 70´s mobile home with a huge addition, that has endured countless storms. (They don't build them like this anymore) Not to mention, this is the least expensive residential property on the island! Don't love the current outdoor color scheme? The seller is offering a paint allowance up to $2,000. This eclectic beach treasure named ¨WhimSeaCal¨ is currently producing $1525 each month with the tenant paying utilities! It has 3 bedrooms and 2 full baths. You could be making money while you're waiting to build, could be a blank canvass for your own renovation and style, or perhaps when you see the inside, you may realize it's just perfect the way it is! Besides the beach, this location is mere minutes away from tons of Oak Island amenities including pickleball courts, tennis courts, basketball courts, water accesses, piers, boat launches, playgrounds, skating parks and MORE without those pesky, restrictive HOA fees and regulations. Oak Island is nestled in Wilmington NC and Myrtle Beach SC, offering EZ travel and mega shopping. Did you know Oak Island is also home to one of the most dog friendly beach towns? Oak Island is no longer a hidden gem, the secret is out. This is your time to buy into a great, rare investment opportunity that offers value in a myriad of ways.

112 NE 75th Street, Oak Island

$249,000
3 Beds 2 Baths 100442832 MLS
OPPORTUNITY KNOCKS! This is the least expensive property on the island (as of 10/4/24). Only 500 yards from the beach access at 75th, this home is an ideal option for a primary residence, vacation getaway, or investment property. Can you imagine living on this beautiful, eclectic island? Here's your chance! Surrounded by Oak Island's signature Live Oak trees, you'll always have a shady spot to enjoy the Atlantic breeze. Don't love the current outdoor color scheme? The seller is offering a paint allowance up to $2,000. Fully furnished, the only thing left to do is enjoy yourself! The kitchen features recently refurbished floors, creating a great space for cooking and entertaining. The primary bedroom offers a walk-in closet and step-in shower. The bright and airy living area is filled with natural light, thanks to the abundant windows. After your beach days, rinse off in the relaxing outdoor shower. Beyond the beach, you're just minutes away from Oak Island's many amenities—pickleball, tennis, basketball courts, playgrounds, piers, boat launches, and more—all without restrictive HOA fees. Oak Island's location between Wilmington, NC, and Myrtle Beach, SC, makes travel and shopping easy. Plus, Oak Island is known for being dog-friendly, and its south-facing orientation guarantees unforgettable sunrises and sunsets. This growing coastal gem has so much to offer—don't miss your opportunity to buy while it's still one of the best-kept secrets on the East Coast! Note: Photos were taken prior to tenant occupancy. After their departure, the furniture and décor shown will convey with the sale.

112 NE 75th Street, Oak Island

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Between $200K - $300K Oak Island Real Estate

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