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807 Carolina Beach Avenue N, Carolina Beach, NC 28428
$740,000
Property Type:
Multi-Family
Bedrooms:
5
Baths:
2.5
Square Footage:
1,490
Lot Size (sq. ft.):
6,273
Status:
Active
Current Price:
$740,000
List Date:
1/10/2025
Last Modified:
2/04/2025
Description
If you thought you missed the opportunity to snag your own paradise on Pleasure Island in today's Coastal Dash, think again! This multi-dimensional duplex sits on an oversized 50' x 125' lot and offers upper-floor views of the Atlantic Ocean—truly checking every box for any beach lover! Whether you're looking for a turn-key investment with an annual cap rate of 9% to 12% (based on the current sales or simply a second home to offset your expenses, this is the perfect find. This 1,490 sq. ft. duplex getaway consists of a lower-level 2-bedroom, 1.5-bath apartment, and an upper-level 3-bedroom, 1-bath apartment, each with separate electric meters. Annual updates have ensured the home maintains a lovely balance between historic bungalow charm and modern amenities. Some of these updates include a Timberline architectural shingle roof with a 10-year Silver Pledge Warranty (2022), dual mini-splits for each apartment (2022), upgraded water heaters with electronic anode rods, aluminum hurricane shutters, and more! Oh, and did we mention that the home comes fully furnished and includes all appliances, décor, and guest amenities? Located less than 100 feet from both Oyster Shell Lane and Sandpiper Beach accesses, and just one block from the Intracoastal Waterway—which features a public kayak and paddleboard launch at the intersection of Oystershell and Canal Drive—this location boasts a range of unique attractions that are hard to find elsewhere. Plus, you have your own convenient snack spot at the North End Mini-Mart just a block away!
This amazing as-is/turnkey investment is ready to roll like the tide. Will you be the one to land this ''big one''?
More Information MLS# 100482979
Contract Info
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2025-01-10
Sub-Type: Duplex
Listing Price: 740000
Current Price: $740,000
List Price/SqFt: 496.64
Stipulation of Sale: None
Location Information
Street #: 807
Street Name: Carolina Beach
Street Suffix: Avenue
Post Direction: N
County: New Hanover
State/Province: NC
Zip Code: 28428
City Limits: Yes
Marketing City: Carolina Beach
Subdivision: Other
Secondary Subdivision: N/A
Geo Lat: 34.043872
Geo Lon: -77.888436
Remarks and Showing
Directions to Property: Take Hwy 421 to Carolina Beach, stay on Lake Park Blvd N, make a left turn on Winner Ave, stay straight to Carolina Beach Ave N, the home will be on the left in the 800 block.
Sign on Property: Yes
Building Info
New Construction: No
Property ExteriorInterior Info
# Bedrooms: 5
SqFt - Heated (Primary): 1490
Legal and Taxes
Tax Assessed Value: 360900
Deed Book: 5689
Deed Page: 1198
Legal: LOT 4 BLK 14 CAROLINA BCH
Broker Owner: No
PID: R08815-008-014-000
Tax Identifier: R08815008014000
Plat Book: 3
Plat Page: 67
Total Real Estate Property Taxes: 2472.17
Special Assessments: None
Tax Year: 2024
Year Built: 1950
Zoning: R-1
Cobra Zone: No
Elementary School: Carolina Beach
Middle School: Murray
High School: Ashley
Property Features
Handicap Accessible: None
View Type: Ocean View
Construction: Wood Frame
Exterior Features: Mail on Site
Exterior Finish: Asbestos; Block
Fencing: None
Foundation: Slab
Fuel Tank: Propane Above Ground
Fuel Tank Ownership: Owned
Parking Features: Off Street; On Site; Unpaved
Patio and Porch Features: Deck
Roof: Architectural Shingle
Lot Water Features: Ocean Side; Second Row
Cooling: See Remarks
Heating: Other-See Remarks
Heating System Fuel Source: Electric
Fireplace: None
Interior Features: Blinds/Shades; Ceiling Fan(s); Furnished; Wash/Dry Connect
Listing Office: Salt Water Real Estate LLC
Last Updated: February - 04 - 2025
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