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We are starting to explore buying a beach house and have narrowed our search to as far north as Kure Beach NC to as far south as Surfside Beach SC. We would like to rent our property for the two summer months (July and August) and I'm seeking advice on which beach seems to have the most consistent record of beach rentals. In other words, out of the 8 weeks, how many weeks are realistic for us to expect to rent out our property. Also, thoughts on how much income we might expect for those weeks would be much appreciated. Our goal is to have a property within 3 blocks of the beach with 4 to 5 bedrooms.
When my house on the OBX was newly built, it rented all its summer weeks except the two we took. Usually we would get a few in the summer and fall as well. As it aged repairs increased and rentals dropped a bit too and the competition increased too with newer larger homes with new amenities heated pools, hot tubs etc. Income obviously depends on what amenities you have and how good your view is and your walking distance to the beach. Ocean front homes will generally rent best and highest, all other things being equal (unless it's an old "fishing shack"). Other factors - traffic, distance from the bridges, paved roads (a factor on the northern OBX) and amusement, restaurants, food stores close by, etc all have an effect to some degree, even shark sightings/attack which seem to vary by area too.
You can look at VRBO.com or property management sites and get a feel for rental rates. I have a condo on Oak Island and my extended family has a house on Wrightsville Beach. They both stay rented as much as want from spring through fall. We oftentimes get longer term (monthly) renters in the winter. Proximity to the beach makes all the difference; the closer the better.
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