Definitely. The Outer Banks are basically just rolling cylinders of sand, and they are constantly shifting and being punched through by storms.
We used to spend a week on Hatteras in August. Stayed in a little cottage in Rodanthe (back when there were little cottages) and a hurricane came a couple weeks later and washed them off their foundations. Stayed in Salvo and Avon and Buxton too, once got the swell of a hurricane out to sea, and the other times there was a hurricane within a month, cutting the road in half and so on.
We talked to a guy in one of the towns who had a nice ocean front house - when his family bought it forty years earlier it was six blocks back from the beach.
It’s a wonder people have managed to live there for hundreds of years - more if you count the Indians.
Hatteras business model - Midgetts sell mainlanders a McMansion on the beach, manage the rentals. You can build to withstand category 3 or 4 but it doesn’t matter if the land washes away from underneath.