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Oceanfront Furnished Duplex
For Sale
$2,075,000

5213 Ocean Drive, Emerald Isle, NC 28594

MULTI_FAMILY - Emerald Isle, NC

Property Size2,406 SF
Lot Size0.34 Acres
Price / SF$862.43
Days on Market194

Property Features for 5213 Ocean Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RMF
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 8, Bedroom 1, Bathroom 4, Bedroom 7, Bedroom 6, Bathroom 3, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2
Parking features Paved or Surfaced, Off Street
Security features Security Lighting
Window features Storm Window(s)
Patio and Porch features Porch, Deck
Interior features Master Downstairs, 2nd Kitchen, Ceiling Fan(s), Furnished, Pantry, Blinds/Shades, Eat-in Kitchen
Exterior features Balcony, Storm Doors
Appliances Vented Exhaust Fan, Washer, Refrigerator, Range, Dryer, Dishwasher
Subdivision Not In Subdivision
Lot features Deeded Beach Access, Ocean Side
View Ocean, Water
Elementary school White Oak Elementary
Middle school Broad Creek
High school Croatan
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)
Standard status Active
APN 630419611339000,630419611369000,630419611441000
Size 2,406 SF
Lot size 0.34 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot5 Block21 Summerplace
Tax Annual Amount 7140
Legal Description Lot5 Block21 Summerplace

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Forced Air, Heat Pump (Heating), Electric (Heating)
Cooling system Heat Pump, Central Air
Water source Public
Water front features Beach Access
Water front 1

Building Details

Year built 1980
Floors in Building 2
Number of units 2
Flooring type Carpet, Lvt/lvp
Building materials Wood Siding, Fiber Cement, Wood Frame
Roof type Shingle
Listing Agency: Russell Homes and Land
Listed By: Marge "Meg" Russell · License #200031
Added: Jan 17 Changed: Jul 18 Last Checked: Jul 30 at 10:06PM
MLS# 100549892

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Summerplace is a fully furnished oceanfront 8-bedroom, newly updated duplex presented as a turnkey rental property. Each side is configured as 4 bedrooms and 2 bathrooms, with five beds on each side and capacity to sleep 18 guests. The property includes stainless steel appliances, granite countertops, smooth ceilings, recessed lighting, updated fixtures, new siding on the rear and sides, and a newer roof from 2018. Ocean views are available from 6 of the 8 bedrooms, and a newer 2nd-floor deck is accessible to all four second-floor bedrooms. Upgrades completed across 2022–2026 also include HVAC replacement in the winter of 2022–2023, newer hot water heaters and electric panels, and upgraded plumbing and buried lines. Hot water is provided at the outdoor showers, and supplies for guest stays convey.

The duplex sits on a deep 0.34-acre oceanfront lot with private beach access. A newer solar-lighted deck leads to a rebuilt 16’x16’ dune deck with rocking chairs, with four steps down to the sand. Additional driveway improvements include a new wide gravel drive with a solar-lighted border.

Both sides have separate septic systems, with an 8-bedroom septic and a separate 4-bedroom septic permitted on each side, pumped in Q4 2024. The property is offered with seller-provided financial information and includes references to gross rental performance and select booked dates, with financial documents available upon request. A buyer may assess the potential for a pool, noting that proper permits would be required.

Key Highlights

  • Fully furnished oceanfront 8‑bedroom rental duplex (each side has 4BR/2BA; sleeps 18) with beach access and ocean views from 6 of 8 bedrooms
  • Private beach access via solar‑lighted deck that connects to a rebuilt 16' x 16' dune deck with steps to the sand
  • Deep 0.34‑acre oceanfront lot; 8‑bedroom septic plus separate 4‑bedroom septic permitted on each side, both pumped Q4 2024

Property Analytics

Current Use

Summerplace Vacation Rental

Suggested Use

Top Pick Bed & Breakfast Hotel & Motel Real Estate Agency

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

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

87
Businesses Nearby

Demographics for 28594, NC

3,849
Population
6,802
Households
0.6
Avg Household Size
58
Median Age
52%
College-Educated
98%
High-School Grad
5.7 sq mi
ZIP Area
675
Density / Sq Mi
$89,432
Median Household Income
$42,697
Median Earnings
$1,688
Median Rent
$563,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Turnkey, fully furnished oceanfront duplex with 8 bedrooms and private beach access via a dune deck.
Where is this duplex located?
The property is located at 5213 Ocean Drive Emerald Isle, NC.
What is the asking price?
The asking price for this property is $2,075,000.
What are key features of this property?
This property features: Fully furnished oceanfront 8‑bedroom rental duplex (each side has 4BR/2BA; sleeps 18) with beach access and ocean views from 6 of 8 bedrooms; Private beach access via solar‑lighted deck that connects to a rebuilt 16' x 16' dune deck with steps to the sand; Deep 0.34‑acre oceanfront lot; 8‑bedroom septic plus separate 4‑bedroom septic permitted on each side, both pumped Q4 2024
More about this property
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