506 Canal Drive 2

Whether you're searching for the ultimate investment opportunity or a family beach retreat, this 5 bedroom, 4 bath home delivers! Featuring sweeping harbor and ocean views, an expansive rooftop deck, elevator and a private top floor apartment, this modern fully furnished townhome is located just steps away from the beach and easily walkable to the Carolina Beach boardwalk, marina, restaurants, entertainment and shopping. The home is beautifully appointed with Bosch kitchen appliances, quartz counters, oversized Samsung TVs and a 1,300 square foot party-ready rooftop deck with grill, bar and hot tub. The versatile floor plan includes two primary suites plus three additional bedrooms, two equipped with queen bunk beds to maximize sleeping capacity. A private top-floor suite functions as a self-contained apartment with its own kitchen, full bath, and washer/dryer--the perfect set up for owners who want to enjoy personal space while hosting family, friends or vacation guests. Practical features include DP50 wind rated windows, irrigation system, whole house generator and low maintenance LVP and tile floors. Ground level you'll find parking for 4 cars, an outdoor shower and a fenced, pet-friendly back yard. There's always a breeze for enjoying sunrises, sunsets and sunbathing from one of six personal porches or that amazing rooftop deck. You'll also enjoy watching the island's fireworks and find yourself endlessly entertained by dolphins, paddle boarders and the harbor's bustling boating scene. Although not currently on a rental program, the property generated approximately $76,000 in rental income in 2025 while the owner reserved the top-floor apartment for personal use. Late-season 2026 rental projections are available upon request. This is a rare opportunity to own a luxury beach home with exceptional flexibility, premium amenities, spectacular views, and outstanding income potential in one of Carolina Beach's most desirable locations. Call today to book your showing before this unique home is gone!