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1206 Canal Drive, A&B

Carolina Beach, NC 28428

$1,895,000

$379 per Sq.Ft.

  • Active
  • 8 beds
  • 7 baths
  • 5000 Sq. Ft.
  • Residential
  • Built in 2006
  • MLS #100480072
8 beds
7 baths
5000 Sq. Ft.
Residential
Built in 2006
MLS #100480072
**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, paint, and resurfaced pool. 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!

Interior Features

Total bedrooms
8 bedrooms
Full bathrooms
7 full bathrooms
Half bathrooms
0 half bathrooms
Kitchen appliances
Washer, wall oven, refrigerator, microwave - built-in, dryer, double oven, dishwasher, cooktop - electric
Interior features
Kitchen island, elevator, 2nd kitchen, ceiling fan(s), walk-in shower, wet bar, walk-in closet(s)
Flooring
Lvt/lvp, carpet, tile, wood
Cooling
Central air
Heating
Electric, forced air

Exterior Features

Lot size
0.14 acres
Water front
No
Water features
None
Fencing
Back yard
Exterior features
Vinyl siding
Roof
Metal

HOA Information

HOA
No


Schools

Elementary school
Carolina Beach
Middle school
Murray
High school
Ashley

Other Information

Tax assessed value
$848,000.00
Tax year
2024
Zoning
R-1

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Listing provided courtesy of: Coldwell Banker Sea Coast Advantage-CB. All information is deemed reliable but not guaranteed and should be independently verified. Moment Realty shall not be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon this data.

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About Carolina Beach

Located 12 miles south of Wilmington, Carolina Beach is a family-friendly community with wide beaches, an abundance of leisure opportunities which has undergone considerable growth in recent years.

Carolina Beach Real Estate
Carolina Beach Real Estate
Carolina Beach Real Estate

Market trends

There were 45 new listings in Carolina Beach last month. The average time on market was 116 days and the average price of new new listings was $695,992. Over the last three months, the average sale price to list price ratio was 93.60%.

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Homes for sale

Carolina Beach offers a wide variety of beach home styles raning from laid back beach cottages modern oceanfront estates.

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