1219 Atlantic Avenue #Lot 23 $2,799,000

Welcome to this exquisite oceanfront property that embodies luxurious coastal living and boasts impressive rental income and future expansion opportunities. Positioned on a nearly 35,000 square foot lot with meticulously manicured landscaping, this custom-designed home has recently undergone updates, including newly painted interiors, remodeled bathrooms, new gas fireplace, and new pool heater. Enjoying an X flood zone designation, this property offers the possibility of additional living space within the existing footprint. There is a robust rental history, with over $175,000 in 2024, which could have exceeded $200,000 if not for two prime weeks reserved for owner use. The master suite showcases panoramic ocean views from three sides, creating a serene retreat. The expansive living area features walls of windows, cathedral ceilings, and elegant hardwood floors, ideal for hosting gatherings. The gourmet kitchen is well-appointed with ample prep areas, multiple appliances, and solid surface counters. Multiple decks wrap around the house, seamlessly merging indoor and outdoor living, while the heated, gunite, private pool offers a tranquil oasis with ocean vistas. On the ground level, an outdoor lounge with ping pong and a large flat screen TV enhances the home’s appeal for guests. This property presents a rare opportunity to own a distinctive oceanfront property with both personal enjoyment and exceptional rental income potential, enhanced by recent updates and its favorable flood zone status.

This listing is provided courtesy by Daniel Byard, Coast Realty