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602 W Ft Macon Road #114, Atlantic Beach, NC, 28512

1beds
1baths
312sqft
$142,900
$458price/sqft
$1,009/moest. monthly cost
$40,360/yrincome needed

About This Home

Looking for a hassle-free coastal investment? This unit at Palm Suites offers an easy path into the short-term rental market with a setup designed for consistent guest appeal and minimal owner involvement. What makes this property stand out is the experience it offers beyond the beach--guests can enjoy relaxing soundside views, a community pool, gazebo, day dock, and boat ramp, creating a well-rounded coastal stay. Its location in Atlantic Beach puts visitors just a short walk from beach access, dining spots, and local boutiques, making it a favorite for vacationers who want convenience and charm. With its strong rental potential, attractive amenities, and effortless ownership style, this is a great opportunity for investors looking to add a reliable, income-producing property in a highly desirable beach destination.

Getting Around

41
WalkingCar-Dependent
0
TransitVery Limited Transit
54
BikeBikeable

Schools

8/10
3/10
West Carteret High SchoolGrades 9-123.4 mi

Construction

Condition

  • Year built: 1988

Materials

  • Foundation: Other,Pilings
  • Roof: Metal
  • Construction materials: Shake Siding,Vinyl Siding,Wood Siding,Wood Frame

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Mini Refrigerator,Built-In Microwave
  • Laundry features: None

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Furnished
  • Flooring: LVT/LVP
  • Attic: None

Heating & Cooling

  • Heating features: Electric,Heat Pump
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 312
  • Total interior livable area: 312 sqft

Property

Accessibility

  • Accessibility features: Accessible Hallway(s),Accessible Common Area

Details

  • Parcel number: 637515741075114
  • Zoning: Hotel/Condotel
  • Special condition: Standard

Features

  • Levels: One
  • Pool features: In Ground
  • Patio & porch: Deck
  • Fencing: None
  • Has view: Yes
  • View description: Canal,Sound
  • Has water view: Yes
  • Water view: Canal,Sound
  • On waterfront: Yes
  • Waterfront features: Boat Ramp,Canal Front,Salt Marsh,Water Access Comm
  • Frontage type: Canal Front
  • Living area range: 200 - 399

Lot

  • Lot size: 435.60 sqft
  • Features: Open Lot,Boat Dock,Boat Ramp,Salt Marsh,Water Access Comm
  • Lot size dimensions: 0

Parking

  • Parking features: Shared Driveway,Gravel,Asphalt,On Site,Paved
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneVery High
  • Winter Weather
    Winter WeatherRelatively High
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Winter Weather
Lightning
Tsunami

FEMA Declared Disasters in Carteret County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $722$8,664
Home Insurance *$15$180
Property Taxes $72$864
Electricity $200$2,405
Total$1,009$12,108
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$34,594/yr
40% on housing$30,270/yr
45% on housing$26,906/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$458This listing

vs Other Active Listings

Avg $/sqft

ZIP 28512$333
Carteret County$292

vs Homes Sold Last Month

Median $/sqft

ZIP 28512$522
Carteret County$252

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-23Listed for sale$142,900
2023-03-22Sold$125,000
2023-03-02Pending sale$132,000
2022-09-10Price change$132,000
2022-07-14Price change$140,000
2022-06-21Price change$145,000
2022-05-04Listed for sale$150,000
2005-12-19Sold$155,000

For Sale by Agent

AgentHolland Shepard Group Team
BrokerageKeller Williams Crystal Coast

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