403 Alabama Avenue Unit B

Carolina Beach, NC 28428

$749,000

$286 per Sq.Ft.

Active
6 beds
4 baths
2616 Sq. Ft.
Residential
Built in 2005
MLS #100550094

6 beds

4 baths

2616 Sq. Ft.

Residential

Built in 2005

MLS #100550094

Just 3 blocks from Alabama Ave beach access, this 6-bedroom, 4-bath townhome-style condo offers the ideal blend of space, location, and flexibility. Featuring an ELEVATOR and reverse floor plan, it is filled with natural light and opens to spacious covered decks with partial ocean views and beautiful sunsets. A short walk to the beach or Island Greenway makes it perfect for full-time living, a second home, or excellent short-term rental. Low flood insurance (~$600/year) and no HOA dues. Rental potential ($40K-$70K+ gross possible). Large covered decks on the second and third floors offer excellent outdoor living, with the third-floor deck beautifully tiled. Built to withstand the elements and located outside of a flood zone, the home includes a metal roof, cement fiberboard siding, built-in storm shutters, and double-hung tilt windows. Like most homes in the area, some minor damage in the 2024 flood which was repaired 100% by a licensed contractor under insurance with no ongoing issues. Inside, 12-foot vaulted ceilings highlight the third floor, while 9-foot ceilings enhance the first and second levels. Quality finishes include real hardwood floors in main living areas, plush bedroom carpet, tile in baths and laundry, hardwood tread staircases with matching handrails, 8-inch baseboards throughout, and 6-inch crown molding on lower floors. The kitchen features stainless steel appliances, granite countertops, and 42-inch wood cabinetry. Bathrooms offer raised-height vanities, with the primary bath showcasing a double vanity, white cultured marble tops, spa tub, and glass-enclosed walk-in shower. Guest baths include tub/shower combinations. Additional features include central vacuum, new water heater (2025), and both HVAC systems replaced in 2020. Ample parking for up to five vehicles plus a one-car garage. Never used as a rental, this home offers excellent investment potential. It is a rare opportunity to own a spacious, well-built coastal residence near the beach.

Interior Features

Total bedrooms

6 bedrooms

Full bathrooms

4 full bathrooms

Half bathrooms

0 half bathrooms

Kitchen appliances

Vented exhaust fan, electric oven, built-in microwave, water softener, ice maker, disposal, dishwasher

Interior features

Walk-in closet(s), high ceilings, solid surface, whirlpool, elevator, ceiling fan(s), pantry, reverse floor plan, walk-in shower

Flooring

Carpet, tile, wood

Cooling

Central air, zoned

Heating

Electric, forced air, heat pump, zoned

Exterior Features

Lot features

See remarks

Water front

Water features

None

Fencing

Partial

Exterior features

Fiber cement

Roof

Metal

HOA Information

HOA

Yes

Utilities

Water connected

Schools

Elementary school

Carolina Beach

Middle school

Murray

High school

Ashley

Other Information

Tax assessed value

$732,200.00

Tax amount

$3,499.91

Tax year

2025

Zoning

RA-2T

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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.

Market trends

There were 51 new listings in Carolina Beach last month. The average time on market was 91 days and the average price of new new listings was $804,147. Over the last three months, the average sale price to list price ratio was 94.40%.

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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.

View all properties in Carolina Beach

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403 Alabama Avenue Unit B