Closing Price:
$1,249,000
8 Ocean Boulevard, Southern Shores, NC 27949
10 bd
10 ba
5100 sq ft
MLS #: 110369
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,175,000.00
Closing Date: 12/7/2020
Contract Date: 10/12/2020
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 73
Due Diligence Date: 11/28/2020

Listing Information

Area: Southern Shores Oceanside
Mls Status: Closed
Days On Market: 73
Cumulative Days On Market: 73
Listing Price: $1,249,000
Original Listing Price: $1,339,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 12/8/2020
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 5100
Asking Price Per SqFt: $245.00
Heated Living Area Sq Ft: 5100
BedroomsTotal: 10
Bathrooms Full: 10
Bathrooms Partial: 2
Year Built: 2003
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Heated, In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Central Air
Interior Features: Wet Bar
Heating: Central, Heat Pump
Room Type: Game Room
Flooring: Carpet, Ceramic Tile, Engineered Wood
Construction Materials: Frame, Wood Siding

Legal Description

Section: 1
County: Dare
Subdivision: So/Sh Amended
Subdivision Name: SO/SH Amended Portion Sec 1
Deed Book: 1826
Deed Book Page Number: 2010
County Pin Number: 987717018978
Price Change: 12/7/2020
Block: 9
Road Surface: Easement Access, Paved

Lot Details

Lot Size Acres: 0.47
Lot Size Square Feet: 20500
Lot Features: Level
Waterfront: 2 - lots from oceanfront (3rd row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $8,946.00
Flood Zone: X
Flood Insurance Expense: 764
Wind Insurance: 8306
Water Source: Municipal
Yearly Water Expense: 2082
Other Yearly Expense: 660
Pool Or Spa Expense: 2400
Yearly Expense: Actual
Yearly Elecric Expense: 7200
Yearly Cable Tv Expense: 3180
Contract Status Change Date: 12/8/2020
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Septic Fee: 800
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Shakes
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Elevator,Hot Tub,Outside Lighting,Outside Shower,Sun Deck,Tiki Bar,Dry Entry,Inside Laundry Room
Fuel Tanks: Owned
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: None

Rental Income

Annual Rental Income: 134000
Rental Performance: 0.114
Owner Rental Income 2021 Amount: 104897
Avertised Income 2021 Amount: 111297

Listing Agent Remarks

8 Ocean Blvd, Southern Shores- This 10bd/10bth plus 2 half bath home for sale in Southern Shores will blow you away!! Impeccably maintained this house for sale in Southern Shores is the one you have been waiting for. Rum Runner offers 5100 sq. ft of living space with 10 master bedrooms, ocean views, elevator, private pool area with hot tub, outdoor tv, tiki bar, grill, outdoor shower, and approx. 475ft to the beach via a walkway right out the side pool gate. This Outer Banks rental machine has been a dream house for renters year after year generating approx. $130,000 a year in gross rental income. The ground floor offers 3 bedrooms, pool table, sitting area with wet bar, refrigerator, and access to the pool. The 2nd floor has 5 bedrooms, media area with a 65" tv as well a separate card table area. The huge top floor is wide open with a spacious living area anchored by a 70" 4K tv, a dream kitchen with granite countertops, 2 refrigerators, 2 dishwashers, and center island that seats 8. There are 2 dining room tables to accommodate large parties plus 2 master bedrooms to finish off the top floor. Off the living room you can step out onto the deck to take in the views of the ocean and Kitty Hawk Fishing Pier. New items for 2020 include hot water heater, pool refurbish, microwave, new lower level HVAC 2019. Located in X-flood zone so no flood insurance is required. There are not many 10-bedroom homes in Southern Shores so don't miss out on your chance to own one. This Outer Banks beach house is centrally located to shops, restaurants, and all the Outer Banks has to offer.

Directions

Past BP Station Across From Southern Shores Realty

Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 8 Ocean Boulevard in Southern Shores is provided courtesy of OBX Realty Group, LLC C: 252-480-9283. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 8 Ocean Boulevard in Southern Shores is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 OR 800-647-1868.
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