237 Seashore Drive, North Topsail Beach, NC 28460
$1,669,900
Property Type:
Comm Sale or Lease
Square Footage:
3,696
Lot Size (sq. ft.):
12,632
Status:
Active
Current Price:
$1,669,900
List Date:
9/18/2025
Last Modified:
11/05/2025
Description
RARE opportunity to own a highly desirable multifamily property in the sought-after Beach of North Topsail! This ocean-view property features six fully equipped units, each offering 2 bedrooms, 1 bathroom, a kitchen, and a living room. All units have been renovated at various times over the past few years, with updates including kitchens, bathrooms, flooring, and more. Additionally, the metal roof and siding were replaced approximately 7-8 years ago. The property is perfect for a house hack or a versatile investment strategy—live in one unit and rent out the others, or mix short-term and long-term rentals. Currently, the property operates as both a short- and long-term rental, generating impressive returns with detailed financials available upon request. There's even more potential through value-add opportunities and tax savings via cost segregation. The property sits on over 0.3 acres, offering potential for future development on the back lot where the septic system is located. Situated on a dead-end street, it provides added privacy while still being close to downtown, restaurants, shopping, and entertainment. Best of all, public beach access is almost directly across the street! A shared laundry facility is available on-site for added convenience. Located in a federal flood zone. Drone photos and additional documentation available upon request—don't miss this incredible investment opportunity!
More Information MLS# 100531318
Building/Ext Features
# of Parking Spaces: 10
# of Units: 5
Lot Acres: 0.29
Lot SqFt: 12632
Lot Dimensions: 74x186x74x186
SqFt - Total Available: 3696
Location Type: Island
Contract Info
Available Date: 2025-09-18
Delayed Marketing?: No
Sub-Type: Multi Family
Garage: Masterlock
Sale/Lease: Sale
List Price/SqFt: 451.81
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2025-09-18
Listing Price: 1669900
Current Price: $1,669,900
Location Information
City Limits: Yes
Secondary Subdivision: N/A
Street #: 237
Street Name: Seashore
Street Suffix: Drive
County: Onslow
State/Province: NC
Zip Code: 28460
Subdivision: Old Settlers Beach
Geo Lat: 34.448883
Geo Lon: -77.50655
Remarks and Showing
Sign on Property: Yes
Directions to Property: From HWY 210-to Wicker Street, right on Seashore Drive, property on right.
Building Info
New Construction: No
Legal and Taxes
Tax Assessed Value: 610791
Deed Book: 5043
Deed Page: 121
Legal: L10 S6 Old Settlers Beach
Broker Owner: No
PID: 024661
Tax Identifier: 024661
Plat Book: 12
Plat Page: 30
Special Assessments: None
Tax Year: 2024
Zoning: R-10
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Year Built: 1997
Showing Instructions
Special Instructions: 1
Business Type
Other: 1
HOA and Neigh Amenities
See Remarks: 1
View Type
Ocean: 1
Water: 1
Construction
Wood Frame: 1
Lot Water Features
Water Access Comm: 1
Exterior Finish
Vinyl Siding: 1
Terms
1031 Exchange: 1
Cash: 1
Conventional: 1
See Remarks: 1
Foundation
Slab: 1
Parking Features
Assigned: 1
Off Street: 1
Paved: 1
Shared Driveway: 1
Sale/Lease Includes
Buildings: 1
Land: 1
Roof
Metal: 1
Lot Description
Dead End: 1
Road Type/Frontage
Maintained: 1
Paved: 1
Public (City/Cty/St): 1
Cooling
Central Air: 1
Location
Freestanding: 1
Residential: 1
Heating
Forced Air: 1
Heating System Fuel Source
Electric: 1
Water Heater
Electric: 1
Utilities
Water Available: 1
Water Source
Municipal Water: 1
Sewer
Septic Tank: 1
Financial Info
Financial Info: Yes
BuildingExt Features
SqFt - Heated (Primary): 3696
Property Features
Business Type: Other
Showing Instructions: Special Instructions
HOA and Neigh Amenities: See Remarks
View Type: Ocean; Water
Construction: Wood Frame
Exterior Finish: Vinyl Siding
Foundation: Slab
Parking Features: Assigned; Off Street; Paved; Shared Driveway
Roof: Metal
Lot Description: Dead End
Location: Freestanding; Residential
Lot Water Features: Water Access Comm
Cooling: Central Air
Heating: Forced Air
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Water Available
Sewer: Septic Tank
Water Source: Municipal Water
Terms: 1031 Exchange; Cash; Conventional; See Remarks
Listing Office:
Keller Williams Innovate-Wilmington
IDX
Last Updated: November - 05 - 2025
Copyright 2024 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.