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$525,000 Just Listed
Property Description
Duplex opportunity just 3 blocks from the beach with easy beach access. This property is and has been a successful short-term rental for years, consistently producing $25-$30k during the summers. The units can also be rented monthly during the off season. Each level offers a 400 sq ft studio layout with a full kitchen, full bath, and storage space. Both units will convey fully furnished--making this a true turnkey investment opportunity. Situated on a 50x100 lot, the property also includes a storage shed, plenty of parking, and a small firepit area for outdoor enjoyment. The lot offers excellent future potential, including the opportunity to build a larger duplex or single family home with no restrictions. Purchase now, continue generating rental income, and hold as a long-term investment for the future in this desirable beach location.
Full Property Details
Full Property Details for 403 S Carolina Ave
General
- Price: $525,000
- Taxes: $2,200 (2025)
- Status: Active
- Type: Duplex
- Source: 2253
- MLS ID: 100576103
- Updated: 5/22/2026
- Added to Site: 1 day(s) ago
Rental Information
- Lease/Rent Term: Short Term Lease
Interior
- Number of Rooms: 5
- Interior Features: Vaulted Ceiling(s), High Ceilings, 2nd Kitchen, Ceiling Fan(s), Blinds/Shades
- Appliances: Washer, Refrigerator, Dryer, Electric Range
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Dryer Hookup, Washer Hookup
Additional Information
- Shared Amenities: None
Exterior
- Exterior Features: None
- Porch/Patio/Deck: Deck, Side Porch
Parking
- Parking Features: Off Street, On Site, Unpaved
Location
- County: New Hanover
- Subdivision: Wilmington Beach
- Driving Directions: Duplex- Lake Park Blvd to Right on South Carolina Ave. Home is on left directly after Swordfish Lane.
School Information
- High School District: New Hanover
- Elementary School: Carolina Beach
- Middle School: Murray
- High School: Ashley
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Other, Electric
Utilities
- Sewer: Municipal Sewer
- Water: Public
- Utility Description: Sewer Available, Sewer Connected, Water Available, Water Connected
Structural Information
- Structure Type: Duplex, Wood Frame, Stick Built
- Construction: Vinyl Siding, Wood Frame
- Basement Desc.: None
- Roof: Shingle
- Entry Floor Number: 1
- Square Feet: 816
- Year Built: 1988
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,009
- Lot Dimensions: 50 x 100
- Frontage: Maintained, Paved, Paved
- Zoning: MH
- Fencing (Description): None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $643.38
- Assessment Amount: $491,600
- Tax Amount: $2,200.9
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Lot 11, Block 32, Wilmington Beach
- Property ID: R09017-013-021-000
Listed by Lantern Room Realty LLC, Brigitte Simone Hendy and Lantern Room Realty LLC, Christian Tinder
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Schools
Schools serving 403 S Carolina Ave
School District:New Hanover County Schools
| Name | Grades | Distance |
|---|---|---|
Carolina Beach Elementary 400 South 4th Street, Carolina Beach, NC 28428 | K-5 | 1 mi |
Charles P Murray Middle 655 Halyburton Memorial Parkway, Wilmington, NC 28412 | 6-8 | 5.6 mi |
Eugene Ashley High 555 Halyburton Memorial Parkway, Wilmington, NC 28412 | 9-12 | 5.7 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 403 S Carolina Ave
Date
Details
Price
Change
Source
5/22/2026
Listed
$525,000
176.32%
MLS
1/31/2020
Sold
$190,000
—
Public Record
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
Tax History for 403 S Carolina Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,201
65%
$491,600
90%
2024
$1,330
3%
$258,800
—
2023
$1,291
-28%
$258,800
—
2021
$1,786
3%
$258,800
—
2022
$1,734
-3%
$258,800
78%
2021
$1,786
54%
$145,200
—
2019
$1,162
70%
$145,200
66%
2018
$682
-2%
$87,400
—
2017
$695
11%
$87,400
19%
2016
$628
6%
$73,200
—
2015
$592
2%
$73,200
—
2013
$578
—
$73,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 403 S Carolina Ave
403 South Carolina Avenue, Carolina Beach, NC 28428 (MLS# 100576103) is a Duplex property with 2 bedrooms and 2 full bathrooms. 403 South Carolina Avenue is currently listed for $525,000 and was received on May 22, 2026. Want to learn more about 403 South Carolina Avenue? Do you have questions about finding other Duplex 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.
