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$2,200,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 2 days ago

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A rare opportunity for redevelopment at sought-after Carolina Beach! Highest and Best use for this location is residential development. Current zoning of NB (Neighborhood Business) allows for residential - single family. The property consists of three individual 50' x 150' parcels (total acreage of .517). Additionally, the premium site is adjacent to views of Carolina Beach Lake and a short walk to the beachfront. The existing business is relocating and is not for sale. Showing appointments must be scheduled after normal business hours.

Full Property Details for 109 Sumter Ave

General

  • Price: $2,200,000
  • Taxes: $2,450 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: 2253
  • MLS ID: 100545100
  • Updated: 5/13/2026
  • Added to Site: 155 day(s) ago

Location

  • County: New Hanover
  • Subdivision: Not In Subdivision
  • Driving Directions: Lake Park Avenue to right on Sumter Avenue. Property is on the left.

School Information

  • Elementary School: Carolina Beach
  • Middle School: Murray
  • High School: Ashley

Utilities

  • Sewer: Municipal Sewer, City/Town
  • Water: Public
  • Utility Description: Sewer Connected

Additional Structures

  • Other Structures: See Remarks

Lot Features

  • Lot Size (Acres): 0.51
  • Lot Size (Sq. Ft.): 22,216
  • Lot Dimensions: 150 x 150
  • Frontage: City Street, State Road, Paved, Paved
  • Topography: Cleared/Partial
  • Lot Features: Corner Lot
  • Zoning: NB

Financial Considerations

  • For Sale: Yes
  • Price Per Acre: $4,313,725.49
  • Tax Amount: $2,450.71
  • Tax Year: 2025
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: BLk 41 Lt 9 Car Bch Lot 8 Blk 41 Carolina Beach Blk 41 Lt 7 Carolina Beach
  • Property ID: R09010-028-001-000

Listed by Coldwell Banker Sea Coast Advantage-Midtown, Shane Register Team

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Listing agent

— 109 Sumter Ave —

  • Shane Register Team

    Coldwell Banker Sea Coast Advantage-Midtown

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 109 Sumter Ave

School District:New Hanover County Schools
NameGradesDistance
Carolina Beach Elementary
400 South 4th Street, Carolina Beach, NC 28428
K-50.4 mi
Charles P Murray Middle
655 Halyburton Memorial Parkway, Wilmington, NC 28412
6-85 mi
Eugene Ashley High
555 Halyburton Memorial Parkway, Wilmington, NC 28412
9-125.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 109 Sumter Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/12/2025
Listed
$2,200,000
282.61%
MLS
6/25/2018
Sold
$575,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 109 Sumter Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,451
42%
$547,400
117%
2024
$1,730
3%
$252,500
—
2023
$1,679
-4%
$252,500
—
2021
$1,742
3%
$252,500
—
2022
$1,692
-3%
$252,500
100%
2021
$1,742
72%
$126,300
—
2019
$1,010
3%
$126,300
—
2018
$985
-2%
$126,300
—
2017
$1,004
21%
$126,300
31%
2016
$829
6%
$96,600
—
2015
$781
2%
$96,600
—
2013
$762
—
$96,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Coldwell Banker Sea Coast Advantage-Midtown, Shane Register Team

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109 Sumter Avenue, Carolina Beach, NC 28428 (MLS# 100545100) is a Multi-Family property with a lot size of 0.51 acres. 109 Sumter Avenue is currently listed for $2,200,000 and was received on December 12, 2025. Want to learn more about 109 Sumter Avenue? Do you have questions about finding other Multi-Family real estate for sale in Carolina Beach? You can browse all Carolina Beach real estate or contact a Coldwell Banker agent to request more information.

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