88 Beach Road S, Wilmington, NC 28411

$2,750,000

88 Beach Road S
Wilmington, NC 28411
MLS# 100227616
Status: Closed

1 / 7

Property Description
Prime ocean front lots on exclusive Figure Eight Island do not come along often..... and this lot is one of them! Build the home of your dreams on a private island. Figure Eight Island Yacht Club Warant included.

Details

Maps

Contract Info

Status: Closed

Marketing Start Date: 2020-07-17

Sub-Type: Residential Land

Auction: No

Listing Price: 2850000

Current Price: $2,750,000

List Price/Acre: 5089285.71

Stipulation of Sale: Standard

Location Information

Street #: 88

Street Name: Beach

Street Suffix: Road

Post Direction: S

County: New Hanover

State/Province: NC

Zip Code: 28411

City Limits: No

Marketing City: Wilmington

Subdivision: Figure Eight Island

Secondary Subdivision: N/A

Geo Lat: 34.258414

Geo Lon: -77.753929

Remarks and Showing

Directions to Property: Take Highway 17 North to Left on Porters Neck Road. Turn right onto Edgewater Club Road. Go through security to Bridge Road bear right onto Beach Road South.

Sign on Property: Yes

Property Exterior Info

Acres - Total: 0.56

Lot SqFt: 24389

Deed Restriction: Yes

Total Road Frontage: 100

Waterfront: Yes

Water Frontage: 100

Waterview: Yes

Location Type: Island

Legal and Taxes

Tax Assessed Value: 1364500

Deed Book: 6101

Deed Page: 2857

Legal: 141 SEC 4 FIGURE 8 ISLAND

Broker Owner: No

PID: R04520-002-008-000

Tax Identifier: R04520-002-008-000

Plat Book: 3026

Plat Page: 467

Special Assessments: Mason's Inlet Periodically

Tax Year: 2019

Zoning: R-20S

HOA: Yes

Cobra Zone: No

Federal Flood Ins Avlbl: Yes

School District: New Hanover

Elementary School: Porters Neck

Middle School: Holly Shelter

High School: Laney

Status Change Info

Under Contract Date: 2020-07-30

Sold Price: $2,750,000

Sold Date: 2020-11-09

Current Service Providers

Electric Provider: Duke Energy

HOA

Association Fee 1/Year: 5085

HOA 1 Mgmt. Company: Figure Eight HOA

HOA 1 Mgmt. Phone: 910.686.0635

Property Features

Current Use: Residential

Bldgs on Property: None

Soil Evaluation: Soil Evaluation - No

Frontage Type: Oceanfront

Topography: Cleared

Fencing: None

Fuel Tank: None

Environmental Hazard: Unknown

Utilities: Water Available

Sewer: Septic Tank

Water Source: Community Water

HOA and Neigh Amenities: Boat Dock; Gated; Maint - Comm Areas; Security; Tennis Court(s); Trail(s)

Terms: 1031 Exchange; Cash

Listing Office: Figure Eight Realty

Last Updated: November - 10 - 2020

88 Beach Road S, Wilmington, NC 28411 - MLS# 100227616

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