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602 W Fort Macon Road #115, Atlantic Beach, NC, 28512

1beds
1baths
328sqft
$132,500
$404price/sqft
$950/moest. monthly cost
$38,000/yrincome needed

About This Home

Excellent investment opportunity at Palm Suites! This first-floor condo is well-positioned for consistent rental demand, offering convenient access to the pool and gazebo areas, amenities vacationers actively seek. The unit conveys fully furnished and features an efficient open layout with a sleeping area, bunk beds, and a kitchenette. The current configuration maximizes guest accommodations, and there is space within the layout that could accommodate a sofa if desired in lieu of the bunk bed. Designed for low-maintenance ownership, it's ideal for short-term rental income with minimal downtime between bookings. Community amenities enhance the guest experience with beautiful sound views, a private pool, gazebo, day dock, and boat ramp, adding multiple lifestyle draws beyond the beach itself. Located in the heart of Atlantic Beach, guests can easily walk to public beach access, restaurants, and local shops. Prime location, desirable amenities, and turnkey condition make this a smart addition to any investment portfolio.

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: Vinyl Siding

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

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

Heating & Cooling

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

Interior Area

  • Total structure area: 328
  • Total interior livable area: 328 sqft

Property

Accessibility

  • Accessibility features: Accessible Doors,Accessible Entrance,Accessible Elevator Installed

Details

  • Parcel number: 6375.15.74.1075115
  • Zoning: MHI
  • Special condition: Standard

Features

  • Levels: Two
  • Pool features: In Ground
  • Patio & porch: Patio
  • Exterior features: Outdoor Shower
  • Fencing: None
  • Has view: Yes
  • View description: Canal,ICW,Marsh
  • Has water view: Yes
  • Water view: Canal,Marsh
  • Waterfront features: Boat Ramp,Sound Side,Water Access Comm,Water Depth 4+
  • Frontage type: See Remarks
  • Living area range: 200 - 399

Lot

  • Features: Boat Slip,Boat Ramp,Sound Side,Water Access Comm,Water Depth 4+
  • Lot size dimensions: 0

Parking

  • Parking features: Shared Driveway,Parking Lot,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 $669$8,028
Home Insurance *$14$168
Property Taxes $67$804
Electricity $200$2,405
Total$950$11,400
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$32,571/yr
40% on housing$28,500/yr
45% on housing$25,333/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

$404This 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
2026-02-25Listed for sale$142,000
2021-03-12Sold$65,000
2021-03-08Pending sale$69,500
2021-01-25Price change$69,500
2020-11-06Price change$72,500
2020-10-23Listed for sale$77,500
2020-03-09Sold$59,500
2020-02-19Pending sale$59,500
2019-12-05Price change$59,500
2019-06-24Listed for sale$57,500
2019-05-04Listing removed$59,000
2018-03-27Price change$59,000
2018-03-15Listed for sale$80,750
2018-02-01Listing removed$80,750
2017-08-18Price change$80,750
2017-01-20Price change$80,000
2016-05-13Listed for sale$75,000
2011-12-16Sold$40,000
2011-11-19Price change$47,900
2011-09-04Listed for sale$49,500
2006-01-27Sold$90,000

For Sale by Agent

AgentCarey Otto
BrokerageKeller Williams Crystal Coast

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