5213 Ocean Drive # E&W Emerald Isle, NC $ 2,225,000
5213 Ocean Drive # E&W
$ 2,225,000
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5213 Ocean Drive # E&W

Emerald Isle, NC, 28594
$ 2,225,000
Bedrooms8 Baths4.0 Sq 2,406

Monthly Estimate*

$ 13,700

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Multi-Family Home for sale in Emerald Isle, NC

for $2,225,000 with 8 bedrooms and 4 full baths. This 2,406 square foot home was built in 1980 on a lot size of 0.34.

Summerplace is a furnished 8 bdrm oceanfront Builder-Realtor owned, newly updated, meticulously maintained, turnkey DUPLEX (sep deeds), both rental and personal use, on the glistening Crystal Coast's prized beaches of Emerald Isle, with generous setback, new wide gravel driveway w solar lighted border, stunning ocean views from 6 of the 8 bedrooms. Private beach access via newer solar-lighted deck terminates in 16'x16' dune deck w. rocking chairs for coffee or sunset cocktails, then 4 steps to the sand! Visit the Aquarium in Pine Knoll Shores in 15 min. or Bogue Island Fishing Pier in 10, & restaurants galore. Rents grossed $128K '22, $135K '23, $135K in '24 in 14-15 weeks, financials, cash flow docs avail., imagine year round! Family used most of 2025 due to remodeling, but June-July 2026 already booked. There's room for a pool for even higher rents! Each side has 4br2ba but with five beds on each side, the duplex sleeps 18. Upgrades 2022-2026 include: stainless steel appliances, granite countertops, smooth ceilings, recessed lighting, new sinks, new hardware, new main FL baths w. custom tiled showers and floors w. epoxy grout, main FL bedrooms with newer drywall, wainscoting, carpeting and wall lamps, new fans 1st FL, new beadboard wainscoting 2nd FL bedrooms, newer high-impact windows reset w. new flashing, new siding rear & sides, newer roof (2018), interior/exterior painted, HOT WATER and new plumbing in all three newer outdoor showers, newer 2nd Floor deck with ocean views accessible to all 4 second FL bedrooms, HVAC replaced in the winter of 2022-2023, newer hot water heaters, electric panels, buried lines, and water lines upgraded to facilitate sale of one side if buyer chooses. Home sits on a deep .34 acre oceanfront lot with a separate 4 bedroom septic permitted on each side, both pumped in Q4 2024. The owners self-manage units w. VRBO. Supplies & logons convey. Come peruse the reviews of paradise in our guest books to an ocean breeze on the dune deck!

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Multi-Family Active

Price

$ 2,225,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 7,140

Style

Duplex

Lot Size

0.34

Year Built

1980

Town/City

Emerald Isle

County/Region

Carteret

MLS | Web ID

100549892

Features
Interior
Interior Amenities Master Downstairs 2nd Kitchen Ceiling Fan(s) Furnished Pantry Blinds/Shades Eat-in Kitchen
Basement None
Flooring LVT/LVP Carpet
Furnished Y/N Furnished
Water Heater Electric
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Storm Window(s)
Fireplace Y/N N
Laundry Features Laundry Room
Total Bedrooms 8
Attic Features Scuttle
Room Type Dining Area
Total Baths 4
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General
Heating Heat Pump Electric Forced Air
Cooling Central Air Heat Pump
Utilities Cable Available Electricity Connected Water Connected
Possession Close Of Escrow Subject To Tenant Rights At Closing
Roof Architectural Shingle
Appliances Vented Exhaust Fan Washer Refrigerator Range Dryer Dishwasher
Zoning RMF
Patio/Porch Features Covered Deck Porch Balcony Front Porch
Pool Features None
Security Features Smoke Detector(s) Security Lights
Construction Materials Wood Siding Fiber Cement
Year Built 1980
View Ocean Water
Levels Two
Unit Number E&W
Property Subtype Duplex
Tax Year 2025
Taxes 7140.47
Parcel Number 630419611339000 630419611369000 630419611441000
Waterfront Features Deeded Beach Access
Accessibility None
County Carteret
Operating Expense 0.0
New Construction N
Property Type Residential Income
In City Limits? (Y/N) Y
Association Amenities Waterfront Community Cable TV Barbecue Beach Access Flood Insurance Pest Control
HOA N
Attached Garage N
Subdivision Name Not In Subdivision
Garage Y/N N
Status Active
Directions 70 to 58 or 70 to 24 to Emerald Isle Bridge to Emerald Drive then 4 miles to Fairfax Rd. make a right then left onto Ocean Drive to third house on right (teal/aqua siding)
High School Croatan
City Emerald Isle
Open Parking Spaces 8
Number Of Units Total 2
Lot Size Units Acres
Lot Size Square Feet 14985.0
Carport Spaces 0.0
Carport Y/N N
Elementary School White Oak Elementary
Property Attached Y/N N
Land Lease Y/N N
Showing Instructions Appt Required No Lockbox Showing Service See Remarks15
Home Warranty Y/N N
Middle/Junior High School Broad Creek
Lease Considered Y/N N
Structure Type Wood Frame
Standard Status Active
Tax Assessed Value 1782521
Legal Description Lot5 Block21 Summerplace
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Exterior
Exterior Amenities Balcony Storm Doors
Exterior Finish Fiber Cement Wood Siding
Fencing None
Parking Features Gravel Aggregate Lighted Off Street On Site Unpaved
Lot Features Deeded Beach Access Ocean Side
Water Source Public
Total Parking 0.0
Lot Size Area 0.34
Foundation Details Other Raised Pilings
Spa N
Building Area Total 2406
Lot Dimensions 74x204x74x204
Lot Size Acres 0.34
Road Surface Type Paved
Frontage Type Oceanfront
Waterfront Y/N Y
Door Features Storm Door(s)
Road Frontage Type Maintained City Street State Road Asphalt2 Paved
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 5213
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* Excluded Features
List By
Marge "Meg" Russell

Listing Agent

Russell Homes And Land

Broker

megrussellrealtor@gmail.com

Email

Affordability Calculator

$14,295
Per Month
96%
4%
0%
Monthly Principal & Interest
$13,700
Monthly Property Taxes
$595
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4736283 Elementary School
3960542 Middle School
Croatan High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2026$2,225,000 -2.20% Price Down
2/15/2026$2,275,000 -2.15% Price Down
1/18/2026$2,325,000 Listed Price

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5213 Ocean Drive # E&W, Emerald Isle, NC, 28594 is a Multi-Family Home for sale at $2,225,000 with 2,406 sqft and a lot size of 0.34. 5213 Ocean Drive # E&W has 8 bedrooms, 4.0 baths, and was built in 1980. The property's zip code is 28594 which is in Emerald Isle, NC