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.
Listed By
Agency Name: Coldwell Banker Sea Coast Advantage
Agency Phone: 910-799-3435
Shown By
Agency Title: CENTURY 21 Thomas
Agency Phone: 888-249-2100
Estimated Payment
$ 6,544.81 per month $5,786.47 Principal & Interest $0.00 Property Tax (data not provided by mls) $758.33 Homeowner's Insurance
120 SE 58th Street | MLS# 100574137
This land located at 120 SE 58th Street, Oak Island, NC 28465 is currently listed for sale with an asking price of $2,600,000. The property has approximately 1.31 Acres. SE 58th Street is located within the Brunswick County Schools school district. Search Oak Island real estate on www.century21thomas.com today.