740 Dune Ridge Court

Description

Panoramic oceanfront views! This custom-built home is scheduled for completion in 2025 and will feature 6 bedrooms and 6.5 bathrooms on a brand-new dead-end street near the Surf City Pier. Situated on an elevated lot in FEMA Flood Zone AE. THE YEARLY FLOOD PREMIUM QUOTE IS UNDER $1,000.00 . This property comes with a CAMA permit in hand for an oceanfront pool, a feature not often available on the island. Federal AE Flood Zone insurance is typically lower than VE, providing long-term ownership advantages. Rental income projections provided by Paragon Vacations indicate strong investment potential, with gross annual income estimated at approximately $192,500 without a pool and $225,500 with a pool. These estimates are based on current market conditions and comparable properties, offering buyers documented expectations for rental performance. The layout includes two oceanfront master suites with private decks, in addition to four more ensuite bedrooms, providing plenty of space for guests. An elevator serves all floors for convenient access. The top level is designed with an open living plan that maximizes the ocean views, with large windows bringing in natural light. The kitchen is outfitted with high-end stainless steel appliances including two refrigerators, a 48'' range with double oven, speed microwave, two dishwashers, a large island, pantry, and abundant storage. Dual washer/dryer sets are included for added efficiency. Additional features include a spacious dining area with views, a living room with fireplace and wet bar, and a custom shiplap entertainment wall. With four levels of living space, private beach access, and multiple oceanfront decks, this home combines comfort, design, and location in one offering. Home is currently under construction; interior photos are virtually staged.