120 SE 49th Street

Imagine owning a beach getaway that offers more than just a place to escape. Just a few blocks from the ocean, this Oak Island property combines the enjoyment of coastal living with exciting vacation rental potential. Offered freshly painted and fully furnished, this five-bedroom, three-bath home features a private saltwater swimming pool, three covered balconies, and inviting spaces designed for gathering and making memories. Inside, the open living and dining areas feature 9-foot ceilings and recessed lighting, creating a comfortable setting for entertaining. The kitchen offers granite countertops, stainless steel appliances, a sea glass tile backsplash, and a center island with additional seating. A main-level guest bedroom and full bathroom provide flexibility, along with a dedicated laundry room. Upstairs, the primary suite includes a private bathroom with a tiled walk-in shower and double vanity, while three additional bedrooms share a full bathroom featuring a freestanding soaking tub. With two balconies on the main level and a third upstairs, there are plenty of opportunities to enjoy morning coffee, coastal breezes, and glimpses of the ocean. Outside, the fenced backyard and private saltwater pool create an inviting setting for afternoons in the sun, while the pool table adds another option for entertainment. Beyond its appeal as a personal getaway, the property offers compelling vacation rental potential. A professional rental management proposal from True North estimates annual lodging revenue of $84,500, with a projected range of $65,800 to $107,400. The location puts some of Oak Island's favorite attractions within easy reach, including beach access, OKI Coffee House, Publix, and local restaurants. Directly across the street, Middleton Park offers pickleball, tennis, and basketball courts, a splash pad, playground, and amphitheater. The park also hosts a lively calendar of community events, including farmers markets, outdoor concerts, and seasonal festivals, bringing the best of island life practically to your doorstep. Spend your mornings strolling the shoreline, afternoons relaxing by the pool, and evenings enjoying the laid-back rhythm of coastal living. A two-car garage offers space for vehicles and beach essentials, while hurricane shutters and the absence of an HOA add practical appeal. Whether you're envisioning a coastal retreat for family and friends, a vacation rental investment, or the best of both worlds, this fully furnished property offers an opportunity to experience everything that makes Oak Island such a desirable destination.