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1206 Canal Drive, A&B, Carolina Beach, NC 28428

New Listing
$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
1206 Canal Drive, A&B, Carolina Beach, NC 28428- MLS# 100452545
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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