Oak Island Development
For Sale
$2,600,000
Pending
120 Southeast 58th Street, Oak Island, NC 28465
Vacant land for condo development near Oak Island beach.
Property Size57,064 SF
Days on Market101
Property Features for 120 Southeast 58th Street
General Information
Standard status
Pending
Size
57,064 SF
Property subtype
Land / 5+ Multi-Family
Zoning
CR
Amenities
MLS
No
Listing Agency:
Coldwell Banker Sea Coast Advantage
(910) 799-3435
Listed By:
Rokoski Real Estate Group
(910) 799-3435
Source:
Compass
Added: May 15
Changed: Aug 23
Last Checked: Aug 3 at 12:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Sea Coast Advantage
Investment Insights
Based on property information with market context.
This property represents a development opportunity on Oak Island, featuring two vacant land lots situated one street from the ocean. The zoning allows for the construction of up to 26 condos, presenting an opportunity for investors and developers looking to capitalize on the demand for beachside living and vacation rentals. The location is near public beach access points, restaurants, shopping venues, and entertainment options. This site is suited for a high-income producing condo project in a coastal market. The property is positioned for a residential or mixed-use investment. It allows to develop a 26-unit condo project steps from the beach.
Key Highlights
- Development opportunity for up to 26 condos.
- Located one street from the ocean in a sought‑after coastal location.
- Zoned for high‑income producing condo project.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
263
Businesses Nearby
Explore this area
Business Placement
Demographics for 28465, NC
8,020
Population
10,482
Households
0.8
Avg Household Size
60
Median Age
45%
College-Educated
97%
High-School Grad
10.9 sq mi
ZIP Area
736
Density / Sq Mi
$83,739
Median Household Income
$49,936
Median Earnings
$1,154
Median Rent
$436,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Vacant land for condo development near Oak Island beach.
Where is this commercial land located?
The property is located at 120 Southeast 58th Street Oak Island, NC.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Development opportunity for up to 26 condos.; Located one street from the ocean in a sought‑after coastal location.; Zoned for high‑income producing condo project.
