15 days on rocket

715 Carolina Beach Ave N, Carolina Beach, NC, 28428

$2,400,000

Home List Price

$10,000*

Closing Credit

16 Bedrooms
10 Baths
4,734 SqFt
$507/SqFt
Multi
Schools Nearby

Location

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715 Carolina Beach Ave N, Carolina Beach$2,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOff Street, On Site, Shared, Unpaved
Year Built1945
HeatingForced Air, Heat Pump
CoolingCentral Air, Heat Pump, Zoned
Fireplace1
MLS #100445058
Lot Size0.28 Acres
StatusActive

About 715 Carolina Beach Ave N

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 1/2 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.

Property Details

Property Features

Property Information:

  • Year Built: 1945
  • Stories: 2
  • Living Area: 4,734 SqFt

Listing Office:

  • Office Name: Coastal Properties

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Electric Oven, Electric Stove, Washer
  • Basement: No
  • Flooring Type: Tile, Vinyl, Wood
  • Interior: 1st Floor Master, 9Ft+ Ceilings, Blinds/Shades, Ceiling Fan(s), Furnished, Smoke Detectors, Walk-in Shower
  • Fireplace: 1

Bedroom and Bathroom Information:

  • Total Bedroom Count: 16

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Off Street, On Site, Shared, Unpaved

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump
  • Cooling: Central Air, Heat Pump, Zoned

School Info

Assigned Schools Information:

  • Eugene Ashley High School, Public District Grades 9-12
  • Isaac M Bear High School, Public District Grades 9-12
  • Wilmington Early College High School, Public District Grades 9-12
  • Charles P Murray Middle School, Public District Grades 6-8
  • Carolina Beach Elementary School, Public District Grades PK-5
  • Dr John Codington Elementary School, Public District Grades KG-5
  • Dr Hubert Eaton Sr Elementary School, Public District Grades PK-5

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,400,000
  • Price Per SqFt: $507/SqFt

Tax Information:

  • Annual Amount: $3,324
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Carolina Beach, NC.

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Carolina Beach, NC

City

Med. Sold Price

$615.1K

Med. Price/SqFt

$460

Avg. Days On Market

59

# of Sold Homes

34

715 Carolina Beach Ave N vs Carolina Beach

15 DAYS ON ROCKET

-44 Days

$2,400,000

+$1.7M More

$507/SqFt

+$46 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $46/SqFt more than other homes in Carolina Beach, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #100445058

Listing Office:

  • Office Name: Coastal Properties

IDX Copyright 2024 North Carolina Regional MLS LLC. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC (NCRMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 7:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 21, 2013Home Sold
$415,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,324$415,500
2019$3,240$415,500
2018$3,241$415,500
2017$4,099$415,500

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,262

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6630035
7
/10

  • Carolina Beach Elementary School

  • 400 S 4th St

  • 1.05 miles

  • Public District Grades PK-5

school-card-donut-6630036
6
/10

  • Dr John Codington Elementary School

  • 4321 Carolina Beach Rd

  • 8.70 miles

  • Public District Grades KG-5

school-card-donut-6630037
9
/10

  • Dr Hubert Eaton Sr Elementary School

  • 6701 Gordon Rd

  • 15.75 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6630038
8
/10

  • Charles P Murray Middle School

  • 655 Halyburton Memorial Parkwy

  • 3.95 miles

  • Public District Grades 6-8

High School

school-card-donut-6630039
4
/10

  • Eugene Ashley High School

  • 555 Halyburton Memorial Parkwy

  • 4.17 miles

  • Public District Grades 9-12

school-card-donut-6630040
8
/10

  • Isaac M Bear High School

  • 630 Macmillan Ave N

  • 12.16 miles

  • Public District Grades 9-12

school-card-donut-6630041
9
/10

  • Wilmington Early College High School

  • 4500 Blue Clay Rd

  • 19.39 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,981. The majority of Carolina Beach, NC residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›New Hanover County›Carolina Beach›28428›715 Carolina Beach Ave N

This home is located at 715 Carolina Beach Ave N in Carolina Beach, NC and zip code 28428. This 4,734 square foot home, which was built in 1945, sits on a 0.28 acre lot. Features: 16 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $2,400,000.

While more than 4 listings in Carolina Beach, NC in May 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 24 were sold below. The inventory of homes for sale in Carolina Beach, NC between April 2024 and May 2024 increased by 8.5%. In May 2024 median list price was $615,187 and the average listing age was 59 days.

From Rocket Homes Real Estate and based on county public records data.

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