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8-Unit Condo Complex with Ocean Views
For Sale
$1,850,000

1711 Bobby Lee Trail, Kill Devil Hills, NC 27948

Eight condo units with ocean views, with multiple units renovated within the last year.

Property SizeContact for details
Days on Market344

Property Features for 1711 Bobby Lee Trail

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Multifamily Units 8

Taxes and HOA fees

Annual Taxes $17,910

Amenities

3
RL
180x290
Ocean
Ocean.

Building Details

Year Built 1984
Listing Agency: Harrell & Associates
Listed By: William Richardson · License #285814
Source: Xome
Added: Sep 3, 2025 Changed: Aug 12 Last Checked: Aug 12 at 3:20AM

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 Harrell & Associates

Investment Insights

Based on property information with market context.

This offering is an 8-unit condo complex featuring ocean views. Multiple units were renovated within the last year, and the property has historically maintained low vacancy rates. The complex is structured as individual condos, with all units to be sold together and not sold individually.

The property is located in the heart of Kill Devil Hills, between the highways on Third Street.

From an operations standpoint, the property has been used and could be used for either long-term rentals or vacation rentals; however, buyers are encouraged to verify how fees, commissions, regulations, and short-term rental restrictions may apply. Buyers are also responsible for determining and executing a rental management contract that fits their needs, including how rent-by-owner platforms may be handled differently.

Key Highlights

  • 8‑unit condo complex with ocean views, built in 1984
  • Multiple units renovated within the last year
  • Ocean‑front lot features noted; exterior includes ocean views

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Dental Office Law Firm Hair Salon Auto Repair Shop Skin Care Clinic Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

275
Businesses Nearby

Demographics for 27948, NC

12,095
Population
10,143
Households
1.2
Avg Household Size
46
Median Age
43%
College-Educated
96%
High-School Grad
9.3 sq mi
ZIP Area
1,301
Density / Sq Mi
$85,319
Median Household Income
$41,433
Median Earnings
$1,539
Median Rent
$398,100
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight condo units with ocean views, with multiple units renovated within the last year.
Where is this apartment building located?
The property is located at 1711 Bobby Lee Trail Kill Devil Hills, NC.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 8‑unit condo complex with ocean views, built in 1984; Multiple units renovated within the last year; Ocean‑front lot features noted; exterior includes ocean views
More about this property
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