$1,895,000
Carolina Beach, NC 28428
MLS# 100616224
3 beds | 2 baths | 840 sqft
1 / 45
Property Description
An exceptional opportunity to generate rental income today while maximizing redevelopment potential tomorrow! Located just steps from the Atlantic Ocean, this oceanfront Carolina Beach property offers an ideal combination of proven rental income, an outstanding location, and future development possibilities.The property boasts a proven track record as a successful vacation rental, consistently generating strong rental income with the rental history available upon request. Situated on a 5,000-square-foot parcel zoned Multi-Family Residential (MF), the property allows for two residential units by right, offering exciting redevelopment possibilities. Buyers can continue generating rental income from the existing beach cottage while exploring future development options or simply hold this desirable coastal property as an investment. Ideally located near the popular Ocean Grill & Tiki Bar, beach access, restaurants, shopping, and entertainment, this property puts the best of Carolina Beach within easy reach. Generate income today, build for tomorrow, and take advantage of this unique coastal investment opportunity!
Details
Maps
Contract Info
Sub-Type: Single Family Residence
Construction Type: Stick Built
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2026-11-12
Listing Price: 1895000
Current Price: $1,895,000
List Price/SqFt: 2255.95
Stipulation of Sale: Standard
Location Information
Street #: 2
Street Name: North Carolina
Street Suffix: Avenue
County: New Hanover
State/Province: NC
Zip Code: 28428
City Limits: Yes
Marketing City: Carolina Beach
Subdivision: Wilmington Beach
Secondary Subdivision: N/A
Geo Lat: 34.020341
Geo Lon: -77.897393
Remarks and Showing
Directions to Property: Take College Road/US-421 South across Snow's Cut Bridge into Carolina Beach, Continue south on N. Lake Park Boulevard, Turn left onto North Carolina Avenue, Continue toward the ocean and the home will be on your left.
Sign on Property: Yes
Property Exterior Info
New Construction: No
Lot Acres: 0.11
Lot SqFt: 4792
Lot Dimensions: 50 x 100
Deed Restrictions: No
Waterfront: Yes
Waterview: Yes
Horses Y/N: No
Location Type: Island
Property Interior Info
SqFt - Heated (Primary): 840
Total SqFt - Heated (Primary + Separate): 840
# Rooms: 4
# Baths - Full: 2
# Baths - Total: 2
# Bedrooms: 3
Master Bedroom Level: Primary Living Area
Stories Total: 1
Fireplace Y/N: No
Legal Taxes
Year Built: 1964
Entry Level Information
Entry Level: 2
Current Service Providers
Electric Provider: Duke Energy
Internet Service Provider(s): Spectrum or AT&T
Sewer Provider: City/Town
Trash Provider: City/Town
Water Provider: City/Town
HOA and Neigh Amenities
Club Membership: None Selected
Property Features
Showing Instructions: 24 Hour Notice
Frontage Type: Oceanfront
View Type: Ocean
Basement: None
Construction: Wood Frame
Exterior Features: Outdoor Shower
Exterior Finish: Asbestos
Fencing: Partial; Wood
Foundation: Pilings
Parking Features: On Site
Patio and Porch Features: Covered; Front Porch; Porch; Rear Porch
Roof: Architectural Shingle
Levels: One
Trash Collection: City Pick-UP
Lot Water Features: Ocean Side
Cooling: Central Air
Heating: Heat Pump
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Sewer Connected; Water Connected
Sewer: Municipal Sewer
Water Source: Municipal Water
Flooring: LVT/LVP
Furnished: Furnished
Interior Features: Blinds/Shades; Ceiling Fan(s); Furnished; Kitchen Island
Laundry Features: In Hall; Laundry Closet
Dining Room Type: Kitchen
Other Structures: Shower; Storage
Terms: Cash; Conventional; VA Loan
Room Information
| Room Name |
| Bedroom 1 |
| Bedroom 2 |
| Bedroom 3 |
| Kitchen |
Listing Office: Nest Realty
Last Updated: November - 13 - 2026
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