403 South Carolina Avenue, Carolina Beach, NC 28428 - Photo 1

1/1

$530,000

Sold
Closed
Duplex
2 Beds
2 Total Baths
816 Sq. Ft.
0.12 Acres

1/1

Property Description

Duplex opportunity just 3 blocks from the beach with easy beach access. The lower unit has been a successful short-term rental for years, consistently producing around $25k during the summer season, while the upper unit--newer to the rental market--is showing stronger rental potential. Both units also offer the flexibility for monthly rentals 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. Rental history available upon request.

Full Property Details

Full Property Details for 403 S Carolina Ave

General

Sold For: $530,000
Taxes: $2,200 (2025)
Status: Closed
Type: Duplex
Source: 2253
MLS ID: 100576347
Added to Site: 105 day(s) ago

Interior

Interior Features: Vaulted Ceiling(s), High Ceilings, 2nd Kitchen, Ceiling Fan(s), Blinds/Shades
Appliances: Washer, Refrigerator, Range, Dryer
Furnished: Yes
Furnishings: Furnished
Flooring: Vinyl

Rooms

Bathrooms

Total Bathrooms: 2

Bedrooms

Total Bedrooms: 2

Other Rooms

Laundry: Dryer Hookup, Washer Hookup

Additional Information

Shared Amenities: None

Exterior

Porch/Patio/Deck: Deck, Side Porch

Parking

Parking Features: Off Street, On Site, Unpaved

Location

County: New Hanover
Subdivision: Wilmington Beach
Driving Directions: Lake Park Blvd to Right on South Carolina Ave. Home is on left directly after Swordfish Lane.

School Information

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

Community

Units Assoc/Comm: 2

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, Water Available, Sewer Connected, Water Connected

Structural Information

Structure Type: Wood Frame
Construction: Vinyl Siding, Wood Frame
Basement Desc.: None
Roof: Shingle
Square Feet: 816
Year Built: 1988

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, 1031 Exchange

Disclosures and Reports

Special Conditions: Standard
Legal Description: Lot 11, Block 32, Wilmington Beach
Property ID: R09017-013-021-000
Block: 30

Listed by Lantern Room Realty LLC, Simone & Tinder Real Estate Group
Sold by eXp Realty, Aspyre Collective

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Listing agent

— 403 S Carolina Ave —

Simone & Tinder Real Estate Group

Lantern Room Realty LLC

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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

8/12/2026

Sold

$530,000

0.95%

MLS

5/23/2026

Listed

$525,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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