790 New River Inlet Road, North Topsail Beach, NC 28460

Description

This exquisite unit boasts a direct view of the ocean and courtyard from the fourth floor of the highly sought-after Villa Capriani. Recently renovated, it features elegant LVP flooring throughout, a fresh coat of paint, new light fixtures, and a stunning kitchen with white painted cabinets, quartz countertops, a tile backsplash, and stainless steel appliances (updated in 2021). All electrical fixtures, including switches and outlets, have been modernized. The unit is equipped with two new HVAC systems installed in 2020 and two new water heaters from 2022. Offered fully furnished, the unit displays a keen attention to detail in its decoration, highlighted by an original coral reef painting, which perfectly complements the Pottery Barn sofa in the living room. The layout includes a welcoming foyer and is designed as a lockout unit, featuring a master suite on one side and a secondary bedroom, complete with a bathroom, living area, and kitchen, on the other. Storage is abundant, with several owner's closets and a kitchen pantry, including a closet in the entryway ideal for storing beach equipment. Villa Capriani is an oceanfront community with a resort-like courtyard, multiple swimming pools, hot tubs, and an onsite restaurant that remains open year-round. The seller is providing a transferable home warranty through American Home Shield. There is an annual insurance assessment, which is separate from the HOA dues. The 2024 amount is $12,976.27, broken down into 3 payments. The seller has made the first payment of $7,063.28. Second payment ($2,956.48) due January 1st and third payment ($2,956.48) due March 1st. Seller will consider paying remaining payments for 2024 assessment with an acceptable offer. Lenders may require an HO6 policy for additional flood insurance coverage. Excellent rental potential. Rental projection from VRBO shows $72,275 in rents is possible..