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Property Description
Consistently generating more than $360,000 in average annual gross rental income over the past four years, Sol de Mar at 834 Fort Fisher Boulevard North represents an exceptional opportunity to own a proven income-producing oceanfront property and turnkey luxury vacation rental operation located on one of the most private stretches of coastline in Kure Beach. Designed as two complete duplex residences, the property offers separate living areas, kitchens and accommodations, creating remarkable flexibility for luxury vacation rental use, multi-generational living, large groups, or an owner who wants to enjoy the property while continuing to generate substantial rental income. For the buyer seeking a dual-use coastal property, Sol de Mar offers a particularly compelling ownership model: enjoy the home personally for much of the year, then rent the entire property during the peak summer season when you are elsewhere. Offering nine bedrooms and eight bathrooms across more than 6,000 square feet, the home was thoughtfully designed to accommodate guests at scale without sacrificing privacy or comfort. Sweeping 180-degree ocean views extend north, east and south, while expansive glass places the water at the center of the experience. A Centor bi-fold glass wall opens approximately 16 feet, connecting the main living space to the oceanfront porch and heated and chilled saltwater pool. The property also benefits from its location in FEMA Flood Zone X, a particularly desirable designation for an oceanfront property, with a current annual flood insurance premium of just $1,240. The property is equally well equipped for entertaining and luxury vacation rental operation. Viking Professional appliances, a butler's kitchen, two dishwashers per floor, dual laundry rooms, an elevator, extensive outdoor living areas and nine dedicated parking spaces provide the infrastructure required for larger groups while maintaining the feel of a refined private residence. Built in 2020, Sol de Mar also incorporates hurricane-impact glass, motorized storm shutters, a 40kW whole-home generator, and an integrated Ubiquiti smart home system. With its five-star guest history and a proven record of substantial rental revenue, Sol de Mar offers a compelling combination of proven income and personal enjoyment. Its two fully independent living configurations, modern contemporary design, exceptional ocean views and direct oceanfront setting distinguish it as both an extraordinary coastal residence and a highly successful income-producing property.