Condo $ 375,000

5515 S Virginia Dare Trail

Nags Head, NC 27959

  • 2 Beds
  • 2 Baths
    Full Baths: 2
  • 912 SqFt
  • 1980 Year Built
Experience the best of Outer Banks oceanfront living and investment potential at Admiral's View in the heart of Nags Head. This beautifully updated 2-bedroom, 2-bath oceanfront condo offers the rare combination of breathtaking views, direct beach access, and impressive income-producing capability, making it an exceptional opportunity for investors and coastal lifestyle seekers alike.

Perfectly positioned behind protective dunes, this turn-key condo showcases Ocean views, abundant natural light, and an open-concept floor plan designed to maximize comfort and guest appeal. New east-facing windows and updated decking create the perfect setting to enjoy spectacular sunrises over the water, while recent upgrades—including a new heat pump (2021), luxury vinyl plank flooring, stainless steel appliances, granite countertops, and renovated bathrooms—provide modern coastal style with minimal maintenance concerns.

Guests and owners alike will appreciate the community's oceanfront pool, expansive sun deck, and easy beach access just steps away. Located within walking distance of popular restaurants, shops, and local favorites, and only minutes from iconic attractions such as Jockey's Ridge and Jennette's Pier, this location consistently attracts vacationers year after year.

With a projected gross rental income of $65,000, this property offers a compelling opportunity to generate strong returns while enjoying personal beach getaways whenever you choose. Whether you're expanding your investment portfolio, searching for a second home, or fulfilling your dream of owning oceanfront property on the Outer Banks, this condo delivers exceptional value, strong rental performance, and an unbeatable coastal lifestyle in one of Nags Head's most desirable oceanfront communities.
Listed by Keller Williams Outer Banks KDH

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PROPERTY DETAIL

  • Key Details

    Property Type Condo

    Sub Type Condo

    Listing Status Active

    Purchase Type For Sale

    Square Footage 912 sqft

    Price per Sqft $411

    Subdivision Admirals View

    MLS Listing ID 133276

    Bedrooms 2

    Full Baths 2

    HOA Y/N No

    Year Built 1980

    Tax Year 2024

    Property Sub-Type Condo

  • Location

    State NC

    County Dare

    Area Nags Head Oceanside

    Zoning CR

  • Building

    Lot Description Beach Frontage, Water Frontage

    Foundation Piling

    Sewer Community Septic

    Water Municipal

  • Interior

    Heating Heat Pump

    Appliance Dishwasher, Microwave, Range/Oven, Refrigerator

  • Exterior

    Exterior Feature Vinyl

    Parking Features None

    Pool Outdoor, In Ground, Association Pool

    Waterfront Description Oceanfront

    View Y/N Yes

    View Ocean

    Roof Type Rubber

    Private Pool Yes

  • Others

    Ownership Owned More than 12 Months

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CONTACT

Yuliya Hristov
Yuliya Hristov

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