Fully Furnished 3-bedroom End Unit with Rental Potential – 1103 Cambridge Road Unit 303-F
If you have been looking for an Outer Banks investment property that already has a proven rental history and is easy to enjoy yourself, this Cambridge Cove condo in Bermuda Bay deserves a closer look. Located in the heart of Kill Devil Hills, NC, this fully furnished 3-bedroom, 3.5-bath end unit produced over $43,000 in rental income in 2025.
With three full living levels, three ensuite bedrooms, a two-car tandem garage and a location close to the beach, shopping, dining and some of the Outer Banks’ most popular attractions, this property offers a lot of flexibility for its next owner.
A Proven Kill Devil Hills Vacation Rental
For buyers considering an Outer Banks vacation rental investment, rental history is always an important part of the conversation. This property produced more than $43,000 in rentals in 2025, following owner rents of $42,069 in 2024, showing consistent rental appeal.
The layout works especially well for vacation guests. Each of the three bedrooms has its own private bathroom, giving everyone their own space, while three full living levels make it easy to spread out.
As an end unit, the condo also benefits from additional natural light, and the two-car tandem garage provides valuable space for vehicles, bikes, beach equipment and storage.
Resort Amenities at Bermuda Bay
One of the biggest draws to Cambridge Cove is the Bermuda Bay community itself. This condo is the closest Cambridge Cove unit to the Elbow Beach Club, making it especially convenient for owners and rental guests.
The Elbow Beach Club offers a water-park-style swimming pool with a slide, water features and cabanas. The community also features open spaces and a sound and marsh view boardwalk with kayak access to Colington Creek.
It is a nice combination for buyers who want access to resort amenities without giving up the ability to get out on the water and enjoy the quieter side of the Outer Banks.
Just 1.2 Miles to the Beach
Of course, when you are buying a vacation property on the Outer Banks, beach access matters. The Ocean Bay Boulevard beach access is approximately 1.2 miles away and offers parking, a bath house and accessibility features.
The central Kill Devil Hills location also puts restaurants, shopping, parks and recreation within easy reach. The Wright Brothers National Memorial and other popular Outer Banks attractions are just minutes away, another plus when marketing a property to vacation guests.
An Outer Banks Property With Options
What I like about this property is that it does not have to fit into just one box. It can continue as an established Kill Devil Hills vacation rental, become your own Outer Banks second home, or work as a year-round residence.
It is being sold fully furnished, has a proven rental history and offers the amenities vacationers look for, all in one of the most convenient locations on the Outer Banks.
