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120 SE 58th Street Oak Island, NC $ 2,600,000
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$ 2,600,000 Get more info
120 SE 58th Street
$ 2,600,000
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120 SE 58th Street

Oak Island, NC, 28465
$ 2,600,000
Baths0.0

Monthly Estimate*

$ 16,009

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Studio

Lots and Land for sale in Oak Island, NC

for $2,600,000. The lot size is 1.31.

Exceptional development opportunity on Oak Island! These two vacant land lots are ideally positioned just one street from the ocean in one of the island's most sought after coastal locations. Zoned and available for the development of up to 26 condos, this property presents a rare chance for investors and developers to capitalize on the growing demand for luxury beachside living and vacation rentals.Located near public beach access, restaurants, shopping, and entertainment, this prime site offers incredible potential for a high-income producing condo project in a thriving coastal market. With strong tourism, expanding development, and limited ocean-area land availability, this property is perfectly suited for a premier residential or mixed-use investment. Don't miss this rare opportunity to develop a 26-unit condo project just steps from the beach on beautiful Oak Island, NC.

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Lots and Land Active

Price

$ 2,600,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

5+ Multi-Family

Lot Size

1.31

Town/City

Oak Island

County/Region

Brunswick

MLS | Web ID

100574137
Features
General
Zoning CR
View Ocean
Topography Cleared Level
Property Subtype 5+ Multi-Family
Tax Year 2025
Parcel Number 236pb023
Waterfront Features None
County Brunswick
New Construction N
Property Type Land
In City Limits? (Y/N) Y
Association Amenities None
HOA Y
Attached Garage N
Subdivision Name Palms at Long Bay
Garage Y/N N
Other Structures None
Status Active
Directions Take E Oak Island Dr take a right at the light down 58th St. and it is in front of the Palms at Long Bay.
High School South Brunswick
City Oak Island
High School District Brunswick County Schools
Lot Size Units Acres
Lot Size Square Feet 57064.0
Carport Y/N N
Elementary School Southport
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School South Brunswick
Lease Considered Y/N N
Standard Status Active
Tax Assessed Value 0
Legal Description 250AG00938/250AG00939
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Exterior
Fencing None
Water Source Public
Lot Size Area 1.31
Buildings On Property None
Spa N
Lot Dimensions irregular
Lot Size Acres 1.31
Waterfront Y/N N
Road Frontage Type City Street State Road
Crops Included Y/N N
Horse Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Total Baths 0
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Internal Only
Street Number 1 120
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* Excluded Features
List By
Rokoski Real Estate Group

Listing Agent

Coldwell Banker Sea Coast Advantage

Broker

mjrokoski@gmail.com

Email

Affordability Calculator

$16,009
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,009
Monthly Property Taxes
--
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
4664917 Elementary School
4664920 Middle School
South Brunswick High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2026$2,600,000 Listed Price

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120 SE 58th Street, Oak Island, NC, 28465 is a Lots and Land for sale at $2,600,000 with a lot size of 1.31. 120 SE 58th Street is a studio with 0.0 baths. The property's zip code is 28465 which is in Oak Island, NC

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