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Key Details
Sold Price $530,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 816 sqft
Price per Sqft $649
Subdivision Wilmington Beach
MLS Listing ID 100576103
Sold Date 08/12/26
Style Duplex,Wood Frame,Stick Built
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1988
Lot Size 5,009 Sqft
Acres 0.12
Lot Dimensions 50x100
Property Sub-Type Single Family Residence
Source Hive MLS
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.
Location
State NC
County New Hanover
Community Wilmington Beach
Zoning MH
Direction Lake Park Blvd to Right on South Carolina Ave. Home is on left directly after Swordfish Lane.
Location Details Island
Rooms
Other Rooms Shed(s)
Basement None
Interior
Interior Features Vaulted Ceiling(s), High Ceilings, 2nd Kitchen, Ceiling Fan(s), Blinds/Shades
Heating Other, Electric
Cooling Wall/Window Unit(s)
Flooring Vinyl
Furnishings Furnished
Appliance Washer, Refrigerator, Dryer, Electric Range
Laundry Dryer Hookup, Washer Hookup
Exterior
Exterior Feature None
Parking Features Off Street, On Site, Unpaved
Utilities Available Sewer Available, Sewer Connected, Water Available, Water Connected
Amenities Available None
View None
Roof Type Shingle
Accessibility None
Porch Deck, Side Porch
Garage No
Building
Entry Level Two
Foundation Crawl Space
Water Public
Level or Stories 2
Structure Type None
New Construction No
Schools
Elementary Schools Carolina Beach
Middle Schools Murray
High Schools Ashley
Others
Tax ID R09017-013-021-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with eXp Realty
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Devita Maxwell
Broker Associate | License ID: 239666
Broker Associate License ID: 239666