2 North Carolina AVE, Carolina Beach, NC 28428
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2 North Carolina AVE, Carolina Beach, NC 28428
2 North Carolina AVE, Carolina Beach, NC 28428
2 North Carolina AVE, Carolina Beach, NC 28428
2 North Carolina AVE, Carolina Beach, NC 28428
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Lanier Property Group Team

Lanier Property Group Team

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$ 1,895,000
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2 North Carolina AVE Carolina Beach, NC 28428

3 Beds

2 Baths

840 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 840 sqft

Price per Sqft $2,255

Subdivision Wilmington Beach

MLS Listing ID 100616224

Style Wood Frame,Stick Built

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1964

Lot Size 4,792 Sqft

Acres 0.11

Lot Dimensions 50 x 100

Property Sub-Type Single Family Residence

Source Hive MLS

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!

Location

State NC

County New Hanover

Community Wilmington Beach

Zoning MF

Direction 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.

Location Details Island

Rooms

Other Rooms Shower, Storage

Basement None

Primary Bedroom Level Primary Living Area

Interior

Interior Features Kitchen Island, Ceiling Fan(s), Furnished, Blinds/Shades

Heating Electric, Heat Pump

Cooling Central Air

Flooring LVT/LVP

Furnishings Furnished

Fireplace No

Appliance Electric Oven, Built-In Microwave, Washer, Refrigerator, Dryer, Dishwasher, Electric Range

Laundry In Hall, Laundry Closet

Exterior

Exterior Feature Outdoor Shower

Parking Features On Site

Utilities Available Sewer Connected, Water Connected

View Ocean

Roof Type Architectural Shingle

Porch Covered, Porch, Front Porch, Rear Porch

Garage No

Building

Lot Description Ocean Side

Entry Level One

Foundation Other, Pilings

Water Public

Level or Stories 1

Structure Type Outdoor Shower

New Construction No

Schools

Elementary Schools Carolina Beach

Middle Schools Murray

High Schools Ashley

Others

Tax ID R09014-012-011-000

Acceptable Financing Cash, Conventional, VA Loan

Listing Terms Cash, Conventional, VA Loan

Special Listing Condition Standard


Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors / Mountain Lakes Board of Realtors
Listed by Nest Realty

NEARBY SCHOOLS & PROPERTIES

Lanier Property Group Team

Lanier Property Group Team

Broker License ID: 273505

+1(910) 398-4304

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2 North Carolina AVE