Land

120 58th Street, Oak Island

$2,600,000

  • Listing ID #: 100574137
  • Status: Pending
  • Address: 120 58th Street, Oak Island, NC 28465
  • Date Listed: 5/15/2026
  • Days on Market: 124
  • Acres: 1.31
  • Stipulations: Standard
  • Subdivision: Palms at Long Bay

Location Location

Agent Comments Agent Comments
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 to develop a 26-unit condo project just steps from the beach on beautiful Oak Island, NC.

Additional Features Additional Features
  • County: Brunswick
  • Days on Market: 124
  • Pool: No
  • Waterfront Features: None
  • Property Type: Land
  • Property Sub Type: 5+ Multi-Family

Financial Financial
  • Short Sale: Standard

Interior Features Interior Features
  • Basement Description: None

Exterior Features Exterior Features
  • Fuel Tanks: None
  • Waterfront Feature: None
  • Fencing: None
  • View Description: Ocean

Location Location
  • Street Number: 120
  • County: Brunswick
  • Latitude: 33.909734
  • Longitude: -78.106301
  • Subdivision: Palms at Long Bay

Listed by: Rokoski Real Estate Group from Coldwell Banker Sea Coast Advantage.