8801 Reed Dr Unit W302, Emerald Isle, NC 28594
- $595,000
- 2
- BD
- 2
- BA
- 990
- SqFt
- List Price
- $595,000
- Status
- ACTIVE
- MLS#
- 100606824
- Days on Market
- 0
- Year Built
- 1986
- Levels
- One
- Bedrooms
- 2
- Bathrooms
- 2
- Full-baths
- 2
- Living Area
- 990
- Acres
- 0.01
- Neighborhood/Complex
- Sound Of The Sea
Property Description
Stunning views, beautiful recent updates, private covered balcony, exceptional rental history, walking distance to shopping, gated community, all in the heart of Emerald Isle. What else could you ask for? Sound of the Sea is a highly sought-after community, and this unit is in the ocean front building which offers those endless views from the living room as well as the primary bedroom. Rental income for the past 4 years has ranged between $44,500-$47,500 with the exception of 2025 when owners limited rentals for personal use and still grossed $35,300! Owners are willing to facilitate a smooth transition of rentals to new owners as they have mostly repeat guests. Rentals for 2027 are just beginning to come in but could be closed if new buyers want the property for personal use only. This beautiful condo comes fully furnished with lots of recent renovations. In 2021, new tile was installed in the primary bath for floor and walk-in shower, and 2nd bath got new floors, tub and shower walls. Both bathrooms got new vanities and toilets in 2021as well. New lighting throughout, washer/dryer, TVs, were part of the 2021 renovation with a new dishwasher in 2024 and microwave, along with water heater installed in 2026. Blinds were replaced between 2023-2025. Amenities include swimming pool, private beach access, tennis courts, and a boat and/or trailer storage parking. The HOA was proactive in 2021 and got an engineering assessment of the building. Preventative structural upgrades as well as renovations to the building have been completed and all assessments paid. These upgrades totaled 3.5 million and will hopefully provide a buyer with an enhanced peace of mind for their investment. Renovations inside the condo and substantial upgrades to the building itself makes this property a rare find on the island. Call for your private showing today. Whether making family memories or investment income, Sound of the Sea 302W is the right property for you.
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Additional Information
- HOA (annual)
- $10,580
- Price Sqft
- $601
- Available Amenities
- Roof Maintenance, Waterfront Community, Beach Access, Beach Rights, Community Pool, Elevator(s), Gated, Maintenance Common Areas, Maintenance Grounds, Maintenance Roads, Management, Master Insure, Pest Control, Security, Sewer, Storage, Street Lights, Tennis Court(s), Trash, Cable TV
- Appliances
- Built-In Microwave, Refrigerator, Dishwasher, Electric Range
- Interior Features
- Ceiling Fans, Furnished, Pantry, Drapes/Blinds
- Cooling
- Heat Pump
- Heating
- Heat Pump, Electric
- Foundation
- Combination, Other, Slab, Pilings
- Roof
- Membrane, Flat
- Waterfront
- Yes
- Utilities
- Sewer Connected, Water Available
- Lot Water Features
- Water Access Comm
- Water
- Public
- Elementary School
- White Oak Elementary
- Middle School
- Broad Creek
- High School
- Croatan
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Listing courtesy of Coastal Choice Real Estate, LLC.
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