715 Carolina Beach Avenue North
715 Carolina Beach Avenue North
Carolina Beach, NC 28428
$2,400,000
Price
16
Beds
9
Baths
1
1/2 Bath
4,734 Sq. Ft.
$507 / Sq. Ft.
4,734
Sq. Ft.
$507
per Sq. Ft.
Description
This is an amazing opportunity to purchase a large multifamily investment or family compound. Ideal 1031 exchange property. Immediate income with long term development potential. This package consists of the Main House 715 Carolina Beach Ave. which consists of 9 bedrooms 6 ½ bathrooms. A separate building behind which has A and B units each consisting of 2 bedrooms, 1 bathroom, kitchens and living rooms. 714 Canal Drive is a separate home with 3-bedroom, 1 bath with full kitchen, living room and...This is an amazing opportunity to purchase a large multifamily investment or family compound. Ideal 1031 exchange property. Immediate income with long term development potential. This package consists of the Main House 715 Carolina Beach Ave. which consists of 9 bedrooms 6 ½ bathrooms. A separate building behind which has A and B units each consisting of 2 bedrooms, 1 bathroom, kitchens and living rooms. 714 Canal Drive is a separate home with 3-bedroom, 1 bath with full kitchen, living room and laundry. All units have lovely porches with slights views of the ocean and waterway. 2 large lots housing 4 units total. Tons of new updates and interior is professionally designed by Smith and Gsell design studio. Beautiful tongue and grove woodwork, large covered porches and tons of space. Currently on the short-term rental market. 2023 Gross income was $112,000 which was only from May-December due to renovations and personal usage. Local vacation management company has done a rental projection of $160,000-$175,000 year. Sold fully furnished and turn key. Fabulous location across the street from the beach and within walking distance to shops and restaurants. Previous use was the Beacon House Bed and Breakfast along with 3 short term rental cottages.
- Listed by Brooke S Richardson • Coastal Properties
Property Details for 715 Carolina Beach Avenue North
Parking Features
Off Street, On Site, Shared Driveway, Unpaved
Subdivision NameOther
ZoningR-1
Parking Total.00
WaterfrontNo
Location
Listing Courtesy of Coastal Properties
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LISTING UPDATED: 05/17/2024 11:36 AM
Property Details for 715 Carolina Beach Avenue North
| Status | Active |
|---|---|
| MLS # | 100445058 |
| Days on Market | 16 |
| Taxes | $5,489 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Quadruplex |
| Year Built | 1945 |
| Lot Size | 0.28 AC / 12,146 SF |
| County | New Hanover County |
Location
Listing Courtesy of Coastal Properties
Add your commute
Building Information for 715 Carolina Beach Avenue North
Stories2Residences-Year Built1945Building Size-Lot Size0.28 AC / 12,146 SF
Payment Calculator
$13,555 per month
30 year fixed, 7.25% Interest
Principal and Interest
$13,098
Property Taxes
$457
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 715 Carolina Beach Avenue North
Summary
Location and General Information
- City: Carolina Beach
- State Or Province: NC
- Postal Code: 28428
- County Or Parish: New Hanover
- Directions: Highway 421 S into Carolina Beach. Left on Carl Winner Avenue. Left on Canal Drive. Right to Carolina Beach N Home is located at 715 CB N. on the left.
- Latitude: 34.04
- Longitude: -77.89
- Number Of Units In Community: 4
- City Limits: Yes
- Secondary Subdivision: N/A
- Property Exterior Interior Info: Waterfront: No
- Building Info: Waterview: No
- Property Exterior Interior Info: Location Type: Island
- Legal and Taxes: Zoning Details: R-1
Taxes and HOA
- Tax Other Assessment Amount Frequency: NONE
- Association Fee: $.00
- Tax Legal Description: Tract 1 Survey for S & H Deharde Tract 2 Survey for S & H Deharde
- Tax Book Number: 6591
- Tax Map Number: R08815-011-021-000
- Tax Year: 2023
- Tax Assessed Value: $825,400.00
- Parcel Number: R08815-011-021-000
- Tax Block: 1845
- Association: No
- Tax Annual Amount: $5,488.92
- Legal and Taxes: HOA: No
- Legal and Taxes: Cobra Zone: No
- Legal and Taxes: Deed Book: 6591
- Legal and Taxes: Deed Page: 1845.0
- Legal and Taxes: Legal: Tract 1 Survey for S & H Deharde Tract 2 Survey for S & H Deharde
- Legal and Taxes: PID: R08815-011-021-000
- Legal and Taxes: Plat Book: 6591
- Legal and Taxes: Plat Page: 1845
- Legal and Taxes: Tax Assessed Value: $825,400.00
- Legal and Taxes: Total Real Estate Property Taxes: $5,488.92
- Legal and Taxes: Tax Year: 2023
- HOA Amenities: Cable: Yes
- HOA Amenities: Trash Removal: Yes
- HOA Amenities: Access Only: Yes
- HOA Amenities: Floored - Partial: Yes
- HOA Amenities: Stairs - Pull Down: Yes
Parking
- Carport Spaces: .00
- Attached Garage: No
- Attached Garage Spaces: .00
- Detached Garage Spaces: .00
- Total Carport Spaces: .00
- Parking Driveway: Off Street: Yes
- Parking Driveway: On Site: Yes
- Parking Driveway: Shared: Yes
- Parking Driveway: Unpaved: Yes
School Information
- Middle Or Junior School: Murray
- High School: Ashley
- Elementary School: Carolina Beach
- Legal and Taxes: Elementary School: Carolina Beach
- Legal and Taxes: Middle School: Murray
- Legal and Taxes: High School: Ashley
Property
Lot Information
- Lot Size Units: Acres
- Lot Size Acres: 0.28
- Lot Size Area: 0.28
- Lot Size Dimensions: See attached survey
- Building Area Total: 4734.0
- Lot Size Square Feet: 12146.0
- Property Exterior Interior Info: Lot Dimensions: See attached survey
- Property Exterior Interior Info: Lot Acres: 0.28
- Property Exterior Interior Info: Lot Sq Ft: 12146.0
- Side Unit 1: Avg Sq Ft: 2919.0
- Side Unit 2: Avg Sq Ft: 486.0
- Side Unit 3: Avg Sq Ft: 566.0
- Side Unit 4: Avg Sq Ft: 761.0
Property and Assessments
- Structure Type: Wood Frame
- Documents Available: Survey
- New Construction: No
- Year Built: 1945
- Legal and Taxes: Federal Flood Insurance Available: Yes
- Legal and Taxes: Special Assessments: NONE
- Construction: Wood Frame: Yes
- Foundation: Crawl Space: Yes
- Foundation: Pilings: Yes
Utilities
- Sewer: Municipal Sewer
- Utilities: Water Connected, Sewer Connected
- Water Source: Municipal Water
- Service Providers: Electric Provider: Duke Progress Energy
- Utilities: Municipal Sewer: Yes
- Utilities: Municipal Water: Yes
Interior and Exterior Features
Exterior Features
- Stories: 2
- Stories Levels: Two: Yes
- Construction Materials: Vinyl Siding, Wood Siding
- Roof: Shingle
- Fencing: None
- Exterior Features: Balcony
- Patio And Porch Features: Covered, Patio, Porch
- Window Features: Blinds
- Exterior Finish: Vinyl Siding: Yes
- Exterior Finish: Wood Siding: Yes
- Fencing: None: Yes
- Fuel Tank: None: Yes
- Porch Balcony Deck: Balcony: Yes
- Porch Balcony Deck: Covered: Yes
- Porch Balcony Deck: Patio: Yes
- Porch Balcony Deck: Porch: Yes
- Foundation Details: Other
Interior Features
- Levels: Two
- Flooring: Tile, Vinyl, Wood
- Interior Features: Master Downstairs, 9Ft+ Ceilings, Ceiling Fan(s), Furnished, Walk-in Shower
- Basement: Crawl Space, None
- Cooling: Central Air, Zoned
- Heating: Heat Pump, Electric, Forced Air
- Laundry Features: Inside
- Appliances: Washer, Stove/Oven - Electric, Refrigerator, Microwave - Built-In, Ice Maker, Dryer, Disposal, Dishwasher
- Bathrooms Total Integer: 10
- Bathrooms Total Decimal: 10.00
- Bathrooms Total Notational: 10.00
- Cooling: Yes
- Heating: Yes
- Bedrooms Total: 16
- # Baths - Total: 10.00
- Accessibility: Kitchen: Yes
- Flooring: Tile: Yes
- Flooring: Vinyl: Yes
- Flooring: Wood: Yes
- Cooling System: Central: Yes
- Cooling System: Zoned: Yes
- Heating System: Electric: Yes
- Appliances Equip: Dishwasher: Yes
- Appliances Equip: Disposal: Yes
- Appliances Equip: Dryer: Yes
- Appliances Equip: Refrigerator: Yes
- Appliances Equip: Microwave - Built-In: Yes
- Appliances Equip: Ice Maker: Yes
- Appliances Equip: Washer: Yes
- Interior Features: 1st Floor Master: Yes
- Interior Features: 9 Ft Ceilings: Yes
- Interior Features: Blinds Shades: Yes
- Rooms: Dining Room: Yes
- Rooms: Kitchen: Yes
Mobile Home
Mobile/Manufactured Home
- Park Manager Name: Yes
Multi Family
Multi-Family Information
- Income Property: Yes
- # Total Units: 4.00
Unit 1
- Total Rooms: 13
- # of Bedrooms: 9
- Full Baths: 6
- Half Baths: 1
- Furnished: Yes
- Rent: $.00
- Features: Extra Storage: Yes
- Features: Fireplace: Yes
- Features: Patio Balcony Deck: Yes
- Features: WD Hookup: Yes
- Appliance: Dishwasher: Yes
- Appliance: Disposal: Yes
- Appliance: Dryer: Yes
- Appliance: Ice Maker: Yes
- Appliance: Microwave Built-In: Yes
- Appliance: Refrigerator: Yes
- Appliance: Stove Oven - Electric: Yes
- Appliance: Washer: Yes
- Cooling: Central2: Yes
- Heating: Forced Air: Yes
- Heating: Zoned: Yes
- Heating: Heat Pump: Yes
- Heating: Electric: Yes
- Rent Frequencys: Weekly: Yes
- Owner Pays: Cable4: Yes
- Owner Pays: Cooling3: Yes
- Owner Pays: Electric8: Yes
- Owner Pays: Heating3: Yes
- Owner Pays: Trash Removal6: Yes
- Owner Pays: WaterSewer: Yes
Unit 2
- Total Rooms: 4
- # of Bedrooms: 2
- Full Baths: 1
- Half Baths: 0
- Furnished: Yes
- Rent: $.00
- Occupied: No
- Features: Extra Storage: Yes
- Features: Kitchen: Yes
- Features: Living Room: Yes
- Features: Patio Balcony Deck: Yes
- Features: Utility Room: Yes
- Appliance: Cooktop - Electric: Yes
- Appliance: Refrigerator: Yes
- Cooling: Central: Yes
- Heating: Electric: Yes
- Heating: Heat Pump: Yes
- Rent Frequencys: Weekly: Yes
- Owner Pays: Cable: Yes
- Owner Pays: Cooling: Yes
- Owner Pays: Electric: Yes
- Owner Pays: Heating: Yes
- Owner Pays: WaterSewer: Yes
Unit 3
- Total Rooms: 4
- # of Bedrooms: 2
- Full Baths: 1
- Half Baths: 0
- Furnished: Yes
- Rent: $.00
- Occupied: No
- Features: Kitchen: Yes
- Features: Living Room: Yes
- Features: Patio Balcony Deck: Yes
- Appliance: Refrigerator: Yes
- Appliance: Stove Oven - Electric: Yes
- Cooling: Central: Yes
- Heating: Electric: Yes
Unit 4
- Total Rooms: 5.0
- # of Bedrooms: 3
- Full Baths: 1
- Half Baths: 0
- Furnished: Yes
- Rent: 0.0
- Occupied: No
- Features: Dining Room: Yes
- Features: Extra Storage: Yes
- Features: Living Room: Yes
- Features: Patio Balcony Deck: Yes
- Features: Utility Room: Yes
- Appliance: Refrigerator: Yes
- Appliance: Stove Oven - Electric: Yes
- Cooling: Central: Yes
- Heating: Electric: Yes
- Rent Frequencys: Weekly: Yes
- Owner Pays: Cooling: Yes
- Owner Pays: Electric: Yes
- Owner Pays: Heating: Yes
- Owner Pays: WaterSewer: Yes
Rental
Rental Information
- Side Unit 2 Rent Frequency: Weekly: Yes
- Property Exterior Interior Info: Pets: No
Property History for 715 Carolina Beach Avenue North
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 715 Carolina Beach Avenue North
Taxable ValueLand$312,000Additions$216,700Total$528,700
Tax Record2023$3,516 ($293 / month)
Home Facts
Baths6.5Total Finished SqFt2,752 SqFtAbove Grade Finished SqFt2,752 SqFtStories2Lot Size7,405 SqFtStyleDuplexYear Built1950ZoningR-1,WB RESIDECountyNEW HANOVERAPNR08815-011-021-000Fireplace TypeHas Fireplace
Schools near 715 Carolina Beach Avenue North
This home is within New Hanover County School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 5 |
Rating | School | Distance |
|---|---|---|
Carolina Beach Elementary PublicK to 5 | ||
Charles P Murray Middle Public6 to 8 | ||
Eugene Ashley High Public9 to 12 | ||
Dr John Codington Elementary PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Coastal Properties
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