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1206 Canal Drive, A&B, Carolina Beach, NC 28428
$1,895,000
Property Type:
Residential
Bedrooms:
8
Baths:
7
Square Footage:
5,000
Lot Size (sq. ft.):
6,273
Status:
Active
Current Price:
$1,895,000
List Date:
6/26/2024
Last Modified:
6/27/2024
Description
**INVESTOR ALERT!** Check out this MASSIVE income-producing property in Carolina Beach. This exquisite ocean and harbor view property is ideally located just steps away from beach access, offering stunning views of both the canal and the beautiful Atlantic Ocean from its decks on every level. This three-story, multi-family house features 8 bedrooms and 7 bathrooms, boasting over 5,000 sq. ft. of space. The oversized bedrooms, 2 stunning kitchens, and huge open-plan living and dining areas make it perfect for large family gatherings. Outside, you'll find a saltwater heated pool, landscaped patio area with a hot tub and pergola, and a large parking area accommodating 10 cars. Two garages provide ample storage for all your beach toys and golf carts. This turn-key rental investment opportunity comes with proven revenue. Recently updated with a new elevator, flooring, and paint, the property also offers two BONUS level rooftop decks with unparalleled panoramic views across the island, ocean, harbor, and beyond. Enjoy breathtaking sunrises and sunsets! The elevator services the top two floors, while the lowest floor is accessible by stairs, allowing for flexible use as either two separate units or a single home to accommodate large groups. Carolina Beach offers a stunning boardwalk, restaurants, shops, and many attractions nearby, ensuring continued equity growth for any investor looking for profits. Ask for income numbers and potential! A boat slip is available for lease directly across the street. Don't miss out on this exceptional investment opportunity!
More Information MLS# 100452545
Contract Info
Sub-Type: Single Family Residence
Construction Type: Stick Built
Status: Active
Delayed Marketing?: No
Delayed Marketing Date (DM): 2024-06-26
Listing Price: 1895000
Current Price: $1,895,000
List Price/SqFt: 379
Sub Agent Comm $/%: %
Buyer Agent Comm: 2
Buyer Agent Comm $/%: %
Variable Comm: No
Stipulation of Sale: None
Location Information
Street #: 1206
Street Name: Canal
Street Suffix: Drive
Unit #: A&B
County: New Hanover
State/Province: NC
Zip Code: 28428
City Limits: Yes
Marketing City: Carolina Beach
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 34.04947
Geo Lon: -77.886361
Remarks and Showing
Directions to Property: 420 S. over Snows Cut Bridge, continue on Lake Park Blvd, left onto Carl Winner Ave, left onto Canal Dr. Home is on right.
Sign on Property: Yes
Property Exterior Info
New Construction: No
Lot Acres: 0.14
Lot SqFt: 6273
Lot Dimensions: 50 X 125
Waterfront: No
Waterview: Yes
Location Type: Island
Property Interior Info
SqFt - Heated (Primary): 5000
Total SqFt - Heated (Primary + Separate): 5000
# Rooms: 14
# Baths - Full: 7
# Baths - Total: 7
# Bedrooms: 8
Master Bedroom Level: Primary Living Area
Stories: 3
Legal & Taxes
Tax Assessed Value: 848000
Total Real Estate Property Taxes: 5639.2
Deed Book: 6082
Deed Page: 1873
Legal: Lt 14 Blk 22 Carolina Beach
Broker Owner: No
PID: R08811-008-005-000
Tax Identifier: R08811-008-005-000
Plat Book: N/A
Plat Page: N/A
Special Assessments: None
Tax Year: 2024
Year Built: 2006
Zoning: R-1
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Elementary School: Carolina Beach
Middle School: Murray
High School: Ashley
Garage & Parking
Attached Garage Spaces: 2
Total # Garage Spaces: 2
Property Features
Handicap Accessible: Elevator
View Type: Canal View; Ocean View; Sound View
Construction: Wood Frame
Exterior Features: Outdoor Shower
Exterior Finish: Vinyl Siding
Fencing: Back Yard
Foundation: Pilings
Fuel Tank: Propane Above Ground
Fuel Tank Ownership: Owned
Parking Features: Concrete; Covered; On Site
Patio and Porch Features: Balcony; Covered; Deck; Patio
On-Site Pool/Spa: Hot Tub; In Ground
Roof: Metal
Stories/Levels: 3 Story or More
Road Type/Frontage: Paved; Public (City/Cty/St)
Lot Water Features: None
Cooling: Central
Heating: Forced Air
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Municipal Sewer; Municipal Water
Appliances/Equip: Cooktop - Electric; Dishwasher; Double Oven; Dryer; Microwave - Built-In; Refrigerator; Wall Oven; Washer
Fireplace: 2
Flooring: Carpet; LVT/LVP; Tile; Wood
Interior Features: 2nd Kitchen; Blinds/Shades; Ceiling Fan(s); Elevator; Kitchen Island; Walk-in Shower; Walk-In Closet; Wet Bar
Heated SqFt: 5000 - 5499
Dining Room Type: Combination
Other Structures: Pergola
Terms: Cash; Conventional
Listing Office: Coldwell Banker Sea Coast Advantage-CB
Last Updated: June - 27 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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