616 Carolina Beach Ave S, Carolina Beach, NC 28428

$1,250,000
6
BD
7
BA
3,100
SqFt

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List Price
$1,250,000
Status
ACTIVE
Days on Market
12
MLS#
100608412
Subtype
Residential
Year Built
1937
Bedrooms
6
Bathrooms
7
Full Baths
7
Living Area
3,100
Lot Size
6,250
Acres
0.14
Subdivision
Not In Subdivision
Neighborhood
Not In Subdivision

Property Description

Discover a rare investment and redevelopment opportunity currently producing income in the heart of Carolina Beach, ideally positioned between the Atlantic Ocean and Carolina Beach Lake Park. With street frontage on both sides and two public beach access points on the same block, this distinctive property offers exceptional flexibility for access, driveways, and parking--along with stunning sunrise views over the ocean and evening sunsets over the lake. Currently configured as a six-unit motel, the property includes two owner-occupied units and four income-producing vacation rentals. Total rental income projections of six figures. It has been continuously well maintained, with a new roof installed in 2025, refurbished decks, and Hardie fiber cement siding added in 2019. With 100 feet of road front, T-1 zoning supports a wide range of potential uses and new construction options, including single-family homes, two-family dwellings, multifamily dwellings, townhomes, condominiums, apartments, commercial or tourist-oriented structures, hotels, motels, and restaurants. Whether envisioned as a primary residence, vacation retreat, rental-income property, commercial enterprise, or long-term investment, this site offers outstanding possibilities. Enjoy easy access to the Carolina Beach Boardwalk, Lake Park, shopping, dining, entertainment, and some of the island's best-known attractions. From the expansive decks, take in ocean sunrises, fresh ocean breezes, and unwind with sunset views over Carolina Beach Lake Park. Ask the listing agent about special financing options available through the preferred lender. Opportunities of this caliber are seldom available - schedule your showing today and explore the potential of this exceptional Carolina Beach property.

Additional Information

Interior Features
Other
Zoning
T-1
Flooring
Vinyl, Tile, Wood
Heating
Wall Furnace, Electric
Air Conditioning
Window/Wall, Ceiling Fan(s)
Levels
Two
Roof
Architectural
Foundation
Slab
Parking Features
Parking Lot, Attached, On Site, Paved
School District
New Hanover
Elementary School
Carolina Beach
Middle School
Murray
High School
Ashley
View
Lake, Ocean, Pond, Water

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Courtesy of Coastal Properties

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