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Listed price in listed location currency (USD).
$395,000

200

MLS® 132512

  • Key Facts
  • Description
  • Map

Key Facts

Type Condominium
Levels Residential
Size 912 sqft
Garage 
HOA Fees 
Taxes $1,972
Days Active 58
Approx. Age 1980
Avg. Price Per Sqft $433
MLS® Number 132512

Property Address: 5515 S Virginia Dare Trl, Nags Head, NC, 27959-8703

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number132512
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1980
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatHeat Pump
A/CHeat Pump

Extras

Price History

Jun 26, 2026End Date
Not Sold YetSold Price

For Sale

Apr 14, 2026List Date
$395,000List Price
  • Commute

Commute

Starting Address
Destination Address
5515 S Virginia Dare Trl, Nags Head, NC

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