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About This Home

This 0-bedroom, 0-bathroom single family at 7531 S Virginia Dare Trail in Nags Head, NC is listed for $5,000,000. Built in 1981, on a 1.16 acres lot.

Agent Description

Introducing Nags Head Waterfront Shops at Caribbean Corners, a rare soundfront commercial assemblage along the iconic Virginia Dare Trail Causeway of Nags Head. Comprising of 17 unit parcels with direct waterfront exposure and boardwalk access. With over 300 +- indoor/outdoor seating, this property represents a unique opportunity to control a promi

nent stretch of the Roanoke Sound Waterfront within one of the Outer Banks' most recognizable corridors. The setting defines the property-expansive sunset views, walkable waterfront access, and a vibrant, destination-oriented atmosphere where visitors gather to dine, shop, and experience the coastal lifestyle.

Guests can enjoy a meal or a casual drink while gathering for ice cream, all framed by unobstructed views over the Roanoke Sound, creating a destination enviroment that drives consistent visitor activity and repeat traffic. A distinctive waterfront setting not easily replicated along the Outer Banks.

The property is improved with a diverse mix of established tenants including restaurants with indoor/outdoor seating, retail, brewery tasting room, ice cream shop and office suites, providing in-place income while preserving flexibility for future vision and enhancement.

Positioned within Nags Head's General C-2 zoning and the Water Sports Overlay District, Caribbean Corners Shopping Center offers a rare combination of assemblage scale, waterfront positioning, and land use flexibility, supporting a wide range of potential commercial and mixed-use concepts, subject to approvals.

Opportunities of this scale and waterfront presence are limited along the Outer Banks. This offering is best suited for investors, operators, or long-term holders seeking a legacy coastal asset with enduring appeal and multiple avenues for future value creation.

Contact listing agent for additional information and private showing arrangements. Units 1-A through 1 E are combined as a restaurant and is 1927 sq ft. Units 3A-3B are combined as a Brewery Tasting Room. Units 3C-3E are combined as a Pizza Restaurant. Total sq. ft. - 2356.55 Unts 2 A-2F are individual units. 3 are commercial 3 second floor units are office with full bathrooms. Total sq ft. 2487.96

Key Features

  • Built in 1981
  • 1.16 acre lot
  • Waterfront

Property Details

1981

Amenities

Waterfront

Monthly Cost Estimate

$26,741/mo

20% down · 6.5% · 30 years

Principal$3,616
Interest$21,667
Insurance$1,458

Estimates only. Actual payments may vary.

Location

7531 S Virginia Dare Trail

Nags Head, NC 27959-9990

Caribbean Corners Center Condo

Property Details

Construction

Frame Wood

Parking

Parking LotOff Street

Questions & Answers

This 0-bedroom, 0-bathroom single family at 7531 S Virginia Dare Trail is listed at $5,000,000. The estimated monthly payment is $21,667 based on 20% down at 6.5% interest.

Key features include: Built in 1981, 1.16 acre lot, Waterfront.

This property is listed by Suzanne Baer and can be reached at 2523052237 or obxrealtysolutions@earthlink.net.

SB

Suzanne Baer

Agent at Outer Banks Realty Solutions

(252) 305-2237

Listed by Outer Banks Realty Solutions

MLS# 132517· Source: listhub· Updated 48 days ago

Copyright © 2026 Outer Banks Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7531 S Virginia Dare Trail, Nags Head, NC 27959-9990

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