120 SE 58th Street
Oak Island, NC 28465
1.31Acres(Lot)
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 t
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Lot Information
Lot Dimensions: irregular Main Square Feet: 1.31 Acres Lot Size Acres: 1.31 Lot Size Square Feet: 57064Property Information
Subdivision: Palms at Long Bay Source Property Type: Land Property SubType: Multi Family
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Listing Price Information
Listing Price: $2600000
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Tax Information
Parcel Number: 236pb023 Tax Block: 11 Tax Year: 2025
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Homeowners Association InformationHas Association: Yes Association Amenities: None
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School Information
Elementary School: SouthportJunior High School: South BrunswickSenior High School: South Brunswick -
Location Information
Direction: 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. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 14 SE 68th Street, Oak Island, NC, 28465 | $650,000 | -- | -- | -- | 0.22 Acre(Lot) |
| L-22 Womble Street, Oak Island, NC, 28465 | $209,500 | -- | -- | -- | 0.17 Acre(Lot) |
| 5523 E Beach Drive, Oak Island, NC, 28465 | $675,000 | -- | -- | -- | 0.17 Acre(Lot) |
| 108 NE 62nd Street, Oak Island, NC, 28465 | $285,000 | -- | -- | -- | 0.15 Acre(Lot) |
| 206 Elizabeth Drive, Oak Island, NC, 28465 | $320,000 | -- | -- | -- | 0.22 Acre(Lot) |
| 208 Elizabeth Drive, Oak Island, NC, 28465 | $249,000 | -- | -- | -- | 0.60 Acre(Lot) |
| 7506 E Oak Island Drive, Oak Island, NC, 28465 | $240,000 | -- | -- | -- | 0.17 Acre(Lot) |
| 310 NE 75th Street, Oak Island, NC, 28465 | $215,000 | -- | -- | -- | 0.12 Acre(Lot) |
| 111 SE 74th Street, Oak Island, NC, 28465 | $450,000 | -- | -- | -- | 0.17 Acre(Lot) |
| 108 NE 68th Street, Oak Island, NC, 28465 | $215,000 | -- | -- | -- | 0.15 Acre(Lot) |
Similar Land To 120 SE 58th Street
Nearby For Sale
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ByOwner last updated this listing 06/20/2026 @ 16:42
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