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120 SE 58th Street, Oak Island, NC 28465 (MLS# 100574137)


$2,600,000
120 SE 58th Street
Oak Island, NC 28465
MLS# 100574137
Status: Pending



120 SE 58th Street, Oak Island, NC 28465
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120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465 120 SE 58th Street, Oak Island, NC 28465

Property Description
Exceptional development opportunity on Oak Island! These two vacant land lots are ideally positioned just one street from the ocean in one of the island's most sought after coastal locations. Zoned and available for the development of up to 26 condos, this property presents a rare chance for investors and developers to capitalize on the growing demand for luxury beachside living and vacation rentals.Located near public beach access, restaurants, shopping, and entertainment, this prime site offers incredible potential for a high-income producing condo project in a thriving coastal market. With strong tourism, expanding development, and limited ocean-area land availability, this property is perfectly suited for a premier residential or mixed-use investment. Don't miss this rare opportunity to develop a 26-unit condo project just steps from the beach on beautiful Oak Island, NC.

Details
Maps
Contract Info
Status: Pending
Delayed Marketing?: No
Marketing Start Date: 2026-05-15
Sub-Type: 5+ Multi-Family
Listing Price: 2600000
Current Price: $2,600,000
List Price/Acre: 1984732.82
Stipulation of Sale: Standard
Location Information
Street #: 120
Pre Direction: SE
Street Name: 58th
Street Suffix: Street
County: Brunswick
State/Province: NC
Zip Code: 28465
City Limits: Yes
Subdivision: Palms at Long Bay
Secondary Subdivision: N/A
Geo Lat: 33.909734
Geo Lon: -78.106301
Remarks and Showing
Directions to Property: Take E Oak Island Dr, take a right at the light down 58th St., and it is in front of the Palms at Long Bay.
Sign on Property: Yes
Property Exterior Info
Acres - Total: 1.31
Lot Dimensions: irregular
Lot SqFt: 57064
Total Road Frontage: 200
Waterfront: No
Waterview: No
Location Type: Island
Horses Y/N: No
Legal and Taxes
Deed Book: 1848
Deed Page: 1185
Legal: 250AG00938/250AG00939
Broker Owner: No
PID: 250AG00938/250AG0093
Tax Identifier: 236pb023
Plat Book: 25
Plat Page: 11
Special Assessments: None Known
Tax Year: 2025
Zoning: CR
HOA: Yes
Cobra Zone: No
School District: Brunswick County Schools
Elementary School: Southport
Middle School: South Brunswick
High School: South Brunswick
Status Change Info
Under Contract Date: 2026-05-18
Current Service Providers
Electric Provider: Brunswick Electric
Sewer Provider: City/Town
Water Provider: City/Town
Property Features
Bldgs on Property: None
Soil Evaluation: Soil Evaluation - No
Topography: Cleared; Level
View Type: Ocean
Fencing: None
Fuel Tank: None
Environmental Hazard: Unknown
Water Source: Municipal Water; Public
Lot Water Features: None
HOA and Neigh Amenities: No Amenities

Listing Office: Coldwell Banker Sea Coast Advantage

Last Updated: May - 18 - 2026

120 SE 58th Street, Oak Island, NC 28465 - MLS# 100574137

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