5515 S Virginia Dare Trail, Nags Head, NC 27959

$380,000
2
BD
2
BA

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List Price
$380,000
MLS#
133276
Status
(10) ACTIVE - ACTIVE
Type
Condo
Property Type
Condominium
Bedrooms
2
Bathrooms
2
Full-baths
2
Neighborhood
Admirals View

Property Description

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.

Additional Information

Appliances
Dishwasher, Microwave, Range/Oven, Refrigerator
Association Ammenities
Ocean Access, Outdoor-Comm. Pool, Common Area
HOA Fee Includes
$17,440
Foundation
Piling
Lot Description
Beach Frontage, Waterfront
Pool
Yes
Roof
Rubber
Sewer
Shared Septic
View
Ocean
Zip
27959
Neighborhood
Admirals View
Year Built
1980
County
Dare

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Outer Banks Kdh.

Listed by Brittany Johnston

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