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About This Home

This 8-bedroom, 4-bathroom residential multi family at 5213 Ocean Drive in Emerald Isle, NC is listed for $2,125,000 ($883 per sqft). Built in 1980, the home offers 2,406 sqft of living space on a 0.34 acres lot.

Agent Description

Summerplace is a fully-furnished oceanfront 8bdrm, newly updated, meticulously maintained, turnkey rental duplex with partial seller financing available with substantial down payment, located on the glistening Crystal Coast's prized beaches of Emerald Isle, with generous setback, new wide gravel driveway w solar lighted border, stunning ocean views from 6 of the 8 bedrooms.

Private beach access via newer solar-lighted deck terminates in rebuilt 16'x16' dune deck w. rocking chairs for coffee or sunset cocktails, then 4 steps to the sand! Visit the Aquarium in Pine Knoll Shores in 15 min. or Bogue Island Fishing Pier in 10, & restaurants galore.

Rents grossed $128K '22, $135K '23, $135K in '24 in under 14 weeks due to personal use, imagine year round rentals! Financials, Cash flow docs avail. A professional Prop Mgt Firm could have this rented many more weeks! Family used most of 2025 time due to remodeling, but May-July 2026 already booked at $105K.

There's room for a pool for even higher rents! Each side has 4br2ba but with five beds on each side, the duplex sleeps 18. Upgrades 2022-2026 include: stainless steel appliances, granite countertops, smooth ceilings, recessed lighting, new sinks, new hardware, new main FL baths w.

custom tiled showers and floors w. epoxy grout, main FL bedrooms with newer drywall, wainscoting, carpeting and wall lamps, new fans 1st FL, new beadboard wainscoting 2nd FL bedrooms, newer high-impact windows reset w. new flashing, new siding rear & sides, newer roof (2018), interior/exterior painted, HOT WATER and new plumbing in all three newer

outdoor showers, outdoor showers ALL have HOT WATER, newer 2nd Floor deck with ocean views accessible to all 4 second FL bedrooms, HVAC replaced in the winter of 2022-2023, newer hot water heaters, electric panels, buried lines, and water lines upgraded to facilitate sale of one side if buyer chooses.

Home sits on a deep .34 acre oceanfront lot with 8 bedroom septic, separate 4 bedroom septic permitted on each side, both pumped in Q4 2024. The owners self-manage units w. VRBO and direct website. Supplies, sand toys, boogie boards, outdoor furniture and linens all convey. Come peruse the reviews of paradise in our guest books to an ocean breeze on the dune deck!

Key Features

  • Built in 1980
  • 0.34 acre lot
  • 2 stories
  • Waterfront

Property Details

2 stories
4 full
#E&W
1980

Amenities

WaterfrontViewA/C

Monthly Cost Estimate

$11,365/mo

20% down · 6.5% · 30 years

Principal$1,537
Interest$9,208
Insurance$620

Estimates only. Actual payments may vary.

Location

5213 Ocean Drive

Emerald Isle, NC 28594

Not In Subdivision

Features & Amenities

Interior Features

Master Downstairs2nd KitchenCeiling Fan(s)FurnishedPantryBlinds/ShadesEat-in Kitchen

Exterior Features

BalconyStorm Doors

Property Details

Flooring

Lvt/lvpCarpet

Construction

Wood Siding Fiber Cement Wood Frame

Views

OceanWater

Pool Features

PorchDeck

Parking

Off StreetPaved or Surfaced

Heating

Heat Pump (Heating)Forced AirElectric (Heating)

Cooling

Central AirHeat Pump

Appliances

Vented Exhaust FanWasherRefrigeratorRangeDryerDishwasher

Questions & Answers

This 8-bedroom, 4-bathroom residential multi family at 5213 Ocean Drive is listed at $2,125,000 ($883/sqft). The estimated monthly payment is $9,208 based on 20% down at 6.5% interest.

Key features include: Built in 1980, 0.34 acre lot, 2 stories, Waterfront. Interior Features: Master Downstairs, 2nd Kitchen, Ceiling Fan(s). Exterior Features: Balcony, Storm Doors.

This property is listed by Marge "Meg" Russell and can be reached at 9197955973 or megrussellrealtor@gmail.com.

MR

Marge "Meg" Russell

Agent at Russell Homes and Land

(919) 795-5973

Listed by Russell Homes and Land · View on Broker Site

MLS# 100549892· Source: listhub· Updated 135 days ago

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.

5213 Ocean Drive, Emerald Isle, NC 28594

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