120 Se 58th St, Oak Island, NC 28465

$2,600,000

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List Price
$2,600,000
Status
PENDING
MLS#
100574137
Days on Market
3
Acres
1.31
Neighborhood
Palms at Long Bay

Property Description

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.

Additional Information

Available Amenities
None
Water
Public
Elementary School
Southport
Middle School
South Brunswick
High School
South Brunswick

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Sea Coast Advantage.

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