807 Carolina Beach Avenue N, Carolina Beach, NC 28428 (MLS# 100482979)

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
807 Carolina Beach Avenue N, Carolina Beach, NC 28428- MLS# 100482979
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