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5515 S Virginia Dare Trail , Unit B-1

Nags Head, NC 27959
  • $395,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 132512
$395,000
  • 2
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Condo
Built:
1980
County:

School Ratings & Info

Description

Positioned for strong rental performance, this sand dune-protected, oceanfront condo in the highly sought-after Admiral’s View community in Nags Head offers an exceptional investment opportunity on the Outer Banks. This 2-bedroom, 2-bath unit combines prime oceanfront positioning with low-maintenance ownership—an ideal addition to any short-term rental portfolio. The property features direct beach access and an open-concept living area enhanced by new east-facing windows and outdoor decking, maximizing guest appeal with unobstructed sunrise views. Recent capital improvements—including a new heat pump (2021), durable LVT flooring, stainless steel appliances, granite countertops, and updated bathrooms—help minimize near-term maintenance costs while supporting premium rental rates. Overlooking the community’s oceanfront pool and expansive sun deck, the unit offers the amenities today’s vacation renters prioritize. Its walkable location near popular restaurants, shops, and key attractions like Jockey’s Ridge and Jennette’s Pier further strengthens occupancy potential and seasonal demand. With a projected gross rental income of $65,000, this property delivers a compelling blend of consistent cash flow, strong guest appeal, and long-term appreciation in one of the Outer Banks’ most desirable oceanfront communities. Overlooking the community’s oceanfront pool and expansive sun deck, this condo puts relaxation front and center. Step outside and you’re just a short stroll from top local restaurants, cafés, and boutique shops, with iconic Outer Banks attractions like Jockey’s Ridge and Jennette’s Pier only minutes away. Whether you’re searching for a second home, a high-performing investment property, or a personal beachside escape, this condo delivers. With an advertised projected gross rental income of $65,000, it offers a rare combination of prime oceanfront location, laid-back coastal lifestyle, and strong income potential—all on one of the most sought-after stretches of the Outer Banks.

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© 2026 Outer Banks Association of Realtors MLS. IDX information is provided 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Surf or Sound Realty. Data last updated: 2026-05-11T23:37:44.12.
www.surforsoundsales.com/homes/175142934
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5515 S Virginia Dare Trail , Unit B-1 Nags Head, NC 27959

  • Price: $395,000
  • Status: Active
  • On Site: 28 Days
  • MLS #: 132512
2
Beds
2
Baths
0
½ Baths
N/A
Acres
1980
Built
Neighborhood:
Admirals View
County:
Dare
Area:
Nags Head Oceanside
Property Description
Positioned for strong rental performance, this sand dune-protected, oceanfront condo in the highly sought-after Admiral’s View community in Nags Head offers an exceptional investment opportunity on the Outer Banks. This 2-bedroom, 2-bath unit combines prime oceanfront positioning with low-maintenance ownership—an ideal addition to any short-term rental portfolio. The property features direct beach access and an open-concept living area enhanced by new east-facing windows and outdoor decking, maximizing guest appeal with unobstructed sunrise views. Recent capital improvements—including a new heat pump (2021), durable LVT flooring, stainless steel appliances, granite countertops, and updated bathrooms—help minimize near-term maintenance costs while supporting premium rental rates. Overlooking the community’s oceanfront pool and expansive sun deck, the unit offers the amenities today’s vacation renters prioritize. Its walkable location near popular restaurants, shops, and key attractions like Jockey’s Ridge and Jennette’s Pier further strengthens occupancy potential and seasonal demand. With a projected gross rental income of $65,000, this property delivers a compelling blend of consistent cash flow, strong guest appeal, and long-term appreciation in one of the Outer Banks’ most desirable oceanfront communities. Overlooking the community’s oceanfront pool and expansive sun deck, this condo puts relaxation front and center. Step outside and you’re just a short stroll from top local restaurants, cafés, and boutique shops, with iconic Outer Banks attractions like Jockey’s Ridge and Jennette’s Pier only minutes away. Whether you’re searching for a second home, a high-performing investment property, or a personal beachside escape, this condo delivers. With an advertised projected gross rental income of $65,000, it offers a rare combination of prime oceanfront location, laid-back coastal lifestyle, and strong income potential—all on one of the most sought-after stretches of the Outer Banks.
Exterior Features

Construction Materials FrameWood Siding Electronic Locks Owned Exterior Vinyl Foundation Details Piling Garage None Parking Features Parking LotOff Street Pool Yes Pool Features AssociationIn GroundOutdoor Pool Pool Type Association Roof Rubber

Interior Features

Appliances DishwasherMicrowaveRefrigeratorRange/Oven Cooling Heat Pump Countertops Granite Furnishings Available YN Yes Heating Heat Pump

Property Features

Assoc Fee YNOr Voluntary Yes Association Amenities Common AreaOcean AccessOutdoor-Comm. Pool Association Fee Includes Building MaintenanceCable TVElectricityCommon InsuranceFlood InsuranceMaintenance GroundsManagementPoolSewer/Septic Bank Or Institution Owned No Buyer Financing CashConventional Condo Type Attached Extras Beach AccessCeiling Fan(s)Common Laundry AreaCovered DecksElevatorDumbwaiter/Lift Fuel Tanks None Lease Terms Variable Lot Features Beach FrontageWaterfront Primary Residence YN No Property Sub Type Condominium Road Surface Type PavedPublic Sale Or Rent S Sewer Shared Septic Short Sale YN No Tax Annual Amount 1972.35 Tax Year 2024 View Ocean Water Source Municipal Waterfront Features Ocean Front Zoning CR

Listing courtesy of Brittany Johnston of Keller Williams - Outer Banks: .


© 2026 Outer Banks Association of Realtors MLS. IDX information is provided 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Surf or Sound Realty. Data last updated: 2026-05-11T23:37:44.12.
 
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Surf or Sound Realty
NC Highway 12
Avon NC, 27915