1108 Cambridge Rd Unit 307-i Kill Devil Hills, NC 27948
Estimated payment $1,959/month
Highlights
- Pool
- Clubhouse
- Carpet
- First Flight Middle School Rated A-
- Cathedral Ceiling
- Stacked Washer and Dryer
About This Home
Turn-key Outer Banks investment opportunity with an impressive 12% return, a rare find at this price point in Kill Devil Hills. Whether you're building your short-term rental portfolio or looking for a high-performing beach getaway that pays for itself, this property delivers. Welcome to Calypso Cay, this island-inspired condo has a proven rental history and is perfectly set up for Airbnb vacation rentals and winter rental. The ground level features a dry entry and a spacious two-car garage, ideal for owner storage, bikes, beach gear, or even a game room to boost rental appeal. The second level offers two private primary suites, each with its own bath and deck, an ideal layout for maximizing rental occupancy and guest comfort. The top floor showcases an open-concept living space with high ceilings, a bright kitchen, and multiple outdoor decks, perfect for creating that “wow” factor renters are looking for. Located in the sought-after Bermuda Bay community, guests will love the resort-style amenities at the Elbow Beach Club, featuring a pool, cabanas, water features, and slide-key amenities that drive bookings and repeat guests. Community sound access adds even more lifestyle value with kayaking and sunset views.
Just 1.2 miles to Ocean Bay Blvd beach access (with parking, bath house, and accessibility features), this location checks every box for vacationers. Plus, you're minutes to shopping, restaurants, and iconic OBX attractions like the Wright Brothers Monument. New roof in 2025, HVAC and new rear deck in 2026. Affordable, income-producing, and ideally located; this is the kind of Outer Banks investment buyers wait for.
Listing Agent
Century 21 Nachman Realty Brokerage Phone: 252-261-6400 License #187351 Listed on: 05/05/2026
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,831
Year Built
- Built in 2006
Lot Details
- Property fronts a private road
Parking
- Paved Parking
Home Design
- Reverse Style Home
- Slab Foundation
- Frame Construction
- Piling Construction
Interior Spaces
- 1,117 Sq Ft Home
- Cathedral Ceiling
- Stacked Washer and Dryer
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
Pool
Utilities
- Heat Pump System
- Municipal Utilities District Water
- Private Sewer
Community Details
Overview
- Association fees include building maintenance, cable TV, electricity, common insurance, ground maintenance, management, pool, road maintenance
- Bermuda Bay Cambridge Cove Subdivision
Amenities
- Clubhouse
Recreation
- Community Pool
Building Details
- Electric Expense $1,767
- Insurance Expense $785
- Water Sewer Expense $338
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/11/2026 06/11/26 | Pending | -- | -- | -- |
| 05/05/2026 05/05/26 | For Sale | $335,000 | -- | $300 / Sq Ft |
Source: Outer Banks Association of REALTORS®
MLS Number: 132757
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Information is deemed reliable but not guaranteed.
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