INCREDIBLE $309,847 RENTS YTD 2022 ... This is a 12% RETURN!!! *** EXCELLENT CASH FLOW! *** SWIM UP TIKI BAR & AWESOME HEATED POOL * ELEVATOR * JOSHUA'S TIKI HUT IS AN 8 BEDROOM OCEANFRONT IN NAGS HEAD W/ TROPICAL GORGEOUS LANDSCAPING * Tax Plat shows Land Dimensions: 50 feet by 410 feet *** Located Milepost 11.8 approx. on the Beach Road *** Lush Island Landscaping w/ Volley Ball Court * Big Driveway for plenty of Guest and Family Parking *** MULTIPLE En Suite Master BR's w/ Full Baths (6 Full Baths and 2 Half Baths) * Primary Powder Room just off the Great Room for guests *** Starting on the Top Level 3 - You will love the Large Open Great Room - with Tile Flooring w/ Custom Interior Finishes and Furnishings * Cozy Kitchen w Double Refrigerators * High Ceilings, Tahiti Ceiling Fans, Gas Fireplace w/ Built in Entertainment Center * No Matter where you are in the Great Room you have a Fabulous Ocean View! * Check out the Porch just past the Power Room - Great Space for Privacy * North side Main En suite Bedroom w/ 2nd FIREPLACE w/ spacious Full Bath & Private Oceanfront Sundeck * Expansive rear Sun Deck off Great Room - great space to Entertain or to just enjoy the nearly 180-degree Ocean Views, the smell of the salt in the air & the gentle waves releasing on the Beach! *** Level 2 Features Multiple En suite Master Bedrooms w Full Baths & Oceanside Deck the width of the home - with access from the bedrooms * Main Front Entry Foyer mid-level between Level 1 and 2 * Level 1 Features a Huge Open Great Room with tile floor, Kitchenette, Pool Table, Theater Room w/ Bar Seating! Sliders out to FABULOUS TIKI BAR (DOUBLE LAUNDRY LOCATIONS) *** Custome 2 Level Hot Tub/ Concrete Heated Pool w/ Tile Coping w/ SWIM UP to HUGE TIKI BAR * HUGE HOT TUB ON ROOF OVEER TIKI BAR AND ACCESSIBLE FROM MID-LEVEL DECK/BEDROOMS - PRIVATE & YET OPEN *** Home Rents w Pets - there is a dedicated pet area on the east side of the Pool w/ green grass *** You will want to head out past the pool gate to the Dune - Check out the Dune Top Platform Sun Deck - what a great place to take in the beach & the View or sit out on a starry night - the Constellations & The Milkey Way will WOW you as will the SUNRISES OVER THE OCEAN ... a great place to have your morning Coffee! *** Just South of Nags Head Pier * Close to all kinds of shopping, restaurants, and Family Fun ... miniature Golf, go karts, Wright Brothers Monument, Jockey's Ridge, Pirates Cove & Oregon Inlet Fishing Centers, Downtown Manteo & so much more! *** Joshua's Tiki Hut is offered fully furnished (with only exclusions of owner locked closet items, artificial plants and throw rugs) *** JOSHUA'S TIKI HUT is (and has been) a STRONG RENTAL INCOME PRODUCING INVESTMENT ... See Rental Company Beach Realty K1213 Joshua's Tiki Hut Photos & Description at rental Website Link: https://www.beachrealtync.com/outer-banks-rentals/joshuas-tiki-hut *** 2021 Owner Rents totaled $286,926 *** 2022 Rents are $309,847 ... A 12% RETURN! *** 2023 is Booking now! *** Owner projecting 2023 rents will be stronger in 2023 *** You will Love this Oceanfront Home ... Come see!
- Price:
- $2,675,000
- Bedrooms:
- 8
- Full Baths:
- 6
- Half Baths:
- 2
- Square Footage:
- 4,104
- Acreage:
- 0.46
- Year Built:
- 2003
- Listing ID #:
- 119688
- Street Address:
- 3501 S Virginia Dare Trail
- City:
- Nags Head
- State:
- North Carolina
- Postal Code:
- 27959
- County:
- Dare
- Community:
- Nags Head Oceanside
- Subdivision:
- Geo T Stronach
- Listing Status:
- Under Contract
- Listing Type:
- Single Family - Detached
- Construction Description:
- Frame, Wood
- Exterior Features:
- Shakes, Vinyl
- Flooring:
- Carpet, Tile
- Foundation:
- Piling, Slab
- Interior Features:
- All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection
- Style:
- Contemporary, Reverse Floor Plan, Coastal, Cottage
- Total Building Square Footage:
- 4104
- Type Of Roof:
- Asphalt/Fiber Shingle
- View:
- Ocean
- Year Built:
- 2003
- Estimated Potential Income:
- 299470
- Conforms To Zoning:
- Cr
- Federal Flood Zone:
- Ve, X
- Lot Description:
- Beach Frontage, Level, Water Frontage
- Lot Square Footage:
- 20000
- Road Type:
- Paved, Public
- Days On Market:
- 200
- Financing Options:
- Cash, Conventional, Jumbo Loan
- For Sale Or Lease?:
- For Sale
- Lease Terms:
- Weekly
- Hoa Y/N:
- No - Restrictive Covenants May Apply
- Ownership:
- Owned More Than 12 Months
- Property Taxes:
- $12,066
- Tax Year:
- 2021
- Dining Room Dimensions:
- Great Rm
- Dining Room Level:
- 3
- Family Room Dimensions:
- Game Rm
- Family Room Level:
- 1
- Kitchen Dimensions:
- Open
- Kitchen Level:
- 3
- Living Room Dimensions:
- Awesome
- Living Room Level:
- 3
- Garage Type:
- 1 Car, Attached, Carport
- Parking Description:
- Off Street, Paved, Under
- Pool:
- Yes
- Pool Description:
- Outdoor, In Ground, Concrete, Heated, Private Pool
- Pool Type:
- Private
- Appliances:
- Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Refrigerator W/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
- Cooling System:
- Heat Pump, Zoned
- Existing Water:
- Municipal
- Heating:
- Electric, Heat Pump, Zoned
- Sewage Type:
- Private Septic
- Waterfront Description:
- Oceanfront
- Waterfront Footage:
- 50
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By John Leatherwood of Coldwell Banker Seaside Realty Kh
