7 months on rocket

5 Oceanic St, Wrightsville Beach, NC, 28480

$3,000,000

6 Bedrooms
5 Baths
3,041 SqFt
$987/SqFt
Multi

Location

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Property Highlights

Home TypeTriplex
ParkingOff Street, Shared, On Site
Year Built1945
HeatingHeat Pump
CoolingCentral Air
WaterfrontOcean
FireplaceNone
MLS #100437091
Lot Size0.08 Acres
StatusActive

About 5 Oceanic St

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!

Property Details

Property Features

Property Information:

  • Year Built: 1945
  • Stories: 2
  • Living Area: 3,041 SqFt

Listing Office:

  • Office Name: Keller Williams Innovate-Wilmington

Interior Features

Interior Information:

  • Appliances: Electric Cooktop, Range Hood, Other, Electric Oven, Electric Stove, Dishwasher
  • Basement: No
  • Flooring Type: Tile, Wood
  • Interior: 1st Floor Master, Smoke Detectors, Wash/Dry Connect, Walk-in Shower, Pantry, Kitchen Island, Furnished, Ceiling Fan(s), Blinds/Shades, Apt/Suite, 2nd Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: Ocean
  • Exterior: None

Parking Information:

  • Attached Garage: No
  • Parking: Off Street, Shared, On Site

Virtual/3D Tour

  • 3D Tour: 5 Oceanic St
3D Tour

Lot Features

Lot Information:

  • Lot: See Remarks
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Wrightsville Beach, first house on Oceanic St next to Neptunes parking Lot.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,000,000
  • Price Per SqFt: $987/SqFt

Tax Information:

  • Annual Amount: $5,301
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Wrightsville Beach, NC.

Med. Sold Price

$1.5M

Med. Price/SqFt

$1,022

Avg. Days On Market

62

# of Sold Homes

6

5 Oceanic St vs Wrightsville Beach

225 DAYS ON ROCKET

+163 Days

$3,000,000

+$1.4M More

$987/SqFt

-$35 Less

KEY TAKEAWAY

This property is $1.4M more than the Median Sold Price and $35/SqFt less than other homes in Wrightsville Beach, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100437091

Listing Office:

  • Office Name: Keller Williams Innovate-Wilmington

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). 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 this firm 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. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 7:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,301$776,700
2019$5,389$789,600
2018$5,389$789,600
2017$5,052$789,600

History based on county public records data.

Payment Calculator

$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,061

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-426164
8
/10
  • Wrightsville Beach Elementary School

  • 220 Coral Dr

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-426165
5
/10
  • Bradley Creek Elementary School

  • 6211 Greenville Loop Rd

  • 2.97 miles

  • Public District Grades KG-5

school-card-donut-426166
8
/10
  • Ogden Elementary School

  • 3637 Middle Sound Rd

  • 4.05 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,065. Typical income of Wrightsville Beach, NC residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket Homes›North Carolina›New Hanover County›Wrightsville Beach›28480›5 Oceanic St

This home is located at 5 Oceanic St in Wrightsville Beach, NC and zip code 28480. This 3,041 square foot home, which was built in 1945, sits on a 0.08 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $3,000,000.

In October 2024, from all listings sold in Wrightsville Beach, NC there were more than 2 sold above asking price, over 4 sold below and more than 0 were sold right at the asked price. Between September 2024 and October 2024, Wrightsville Beach, NC real estate market has seen decrease in the number of listings by 16.2%. In October 2024 median list price was $1,550,000 and the average listing age was 62 days.

From Rocket Homes Real Estate and based on county public records data.

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