1603 Lake Park Boulevard S, Carolina Beach, NC 28428
$1,375,000
Property Type:
Multi-Family
Bedrooms:
4
Baths:
4
Square Footage:
2,042
Lot Size (sq. ft.):
5,009
Status:
Active
Current Price:
$1,375,000
List Date:
10/07/2025
Last Modified:
12/03/2025
Description
The Harris Group is excited to present this fully remodeled and furnished turn-key 4-Unit Ocean-Access Quadplex located on the Texas Ave beach access in Carolina Beach.
Located adjacent to the CB/KB pipeline, ''Surf Station'' is built on one of the most popular beach access surfing locations on the island.
This opportunity is perfect for a 1031 exchange, investor looking to capture Bonus Depreciation via Cost Seg study, or anyone looking for a fully functioning turn-key AirBNB or Mid/Long term rental multifamily property.
No HOA, Not in a flood zone despite being just 27 steps from the beach, potential value-add opportunity in that zoning permits ability to build UP, and property is constructed with cinderblock firewall between units which could potentially allow for units to be broken into individually condos. Currently lined for 8 parking spots, has room for 9 spaces.
Built in 1955, this former longterm/midterm multifamily rental had never flooded prior to the No Name storm of September 24, but did get water intrusion during that historic storm, and has been fully renovated with new subfloor, LVP, trim, drywall and paint, kitchens, bathrooms, vanities, water heater. In addition, owners also completed new roof, facia, soffit, furniture and staging, AC enclosures, back deck and walkways to beach, and is currently turnkey and ready to rent.
More Information MLS# 100534749
Building/Ext Features
ud_i_08: 0
Contract Info
Delayed Marketing?: No
Sub-Type: Quadruplex
List Price/SqFt: 673.36
Stipulation of Sale: Standard
Status: Active
Marketing Start Date: 2025-10-07
Listing Price: 1375000
Current Price: $1,375,000
Location Information
City Limits: Yes
Marketing City: Carolina Beach
Secondary Subdivision: N/A
Street #: 1603
Street Name: Lake Park
Street Suffix: Boulevard
Post Direction: S
County: New Hanover
State/Province: NC
Zip Code: 28428
Subdivision: Wilmington Beach
Geo Lat: 34.015271
Geo Lon: -77.899683
Remarks and Showing
Sign on Property: Yes
Directions to Property: 421 S (Carolina Beach Rd) to Carolina Beach. Drive through downtown Carolina Beach and the property will be located on the left side of the street directly on the Texas ave beach access.
Building Info
New Construction: No
Property Exterior/Interior Info
Lot Acres: 0.12
Lot SqFt: 5009
Lot Dimensions: 100x50100x50
Waterfront: No
Waterview: Yes
Location Type: Island
# Baths - Total: 4
# Total Units: 4
Fireplace Y/N: No
Stories: 1
Owner Occupied: No
Property Mgmt Company: Yes
Financials Available: Yes
Legal and Taxes
Tax Assessed Value: 1019000
Total City Real Estate Property Tax: 4562
Deed Book: 6388
Deed Page: 2493
Legal: 2 13 WILM BCH
Broker Owner: Yes
PID: R09018-012-001-000
Tax Identifier: R09018-012-001-000
Plat Book: n/a
Plat Page: n/a
Total Real Estate Property Taxes: 4562.06
Special Assessments: none
Tax Year: 2025
Zoning: MF
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Elementary School: Carolina Beach
Middle School: Murray
High School: Ashley
Year Built: 1955
Garage & Parking
Attached Garage Spaces: 0
Detached Garage Spaces: 0
Total # Garage Spaces: 0
Total Carport Spaces: 0
Driveway Spaces: 8
Parking Features
Lighted: 1
On Site: 1
Paved: 1
Shared Driveway: 1
HOA and Neigh Amenities
No Amenities: 1
Attic
Access Only: 1
Basement
None: 1
Handicap Accessible
None: 1
View Type
Ocean: 1
Construction
Concrete: 1
Wood Frame: 1
Lot Water Features
Ocean Side: 1
Exterior Features
Storm Doors: 1
Current Service Providers
Electric Provider: Duke Progress Energy
Internet Service Provider(s): At&t Fiber
Sewer Provider: City/Town
Trash Provider: City/Town
Water Provider: City/Town
Exterior Finish
Fiber Cement: 1
Stucco: 1
Terms
Cash: 1
Conventional: 1
Fencing
Partial: 1
Foundation
Crawl Space: 1
Flooring
LVT/LVP: 1
Fuel Tank
None: 1
Patio and Porch Features
Deck: 1
Roof
Architectural Shingle: 1
Levels
One: 1
Lot Description
Corner Lot: 1
Road Type/Frontage
Public (City/Cty/St): 1
Cooling
Other: 1
Heating
Other: 1
Heating System Fuel Source
Electric: 1
Other: 1
Water Heater
Electric: 1
Utilities
Electricity Connected: 1
Water Connected: 1
Water Source
Municipal Water: 1
# Meters: 4
Sewer
Municipal Sewer: 1
Electric
# Meters: 4
Appliances/Equip
Built-In Electric Oven: 1
Built-In Microwave: 1
Dishwasher: 1
Electric Cooktop: 1
Refrigerator: 1
Vented Exhaust Fan: 1
Furnished
Furnished: 1
Interior Features
Blinds/Shades: 1
Ceiling Fan(s): 1
Furnished: 1
Wash/Dry Connect: 1
Security Features
Smoke Detector(s): 1
Laundry Location
Hookup - Dryer: 1
Hookup - Washer: 1
Laundry Closet: 1
Dining Room Type
Combination: 1
Side/Unit 1
Total Rooms: 3
# of Bedrooms: 1
Full Baths: 1
Avg SqFt: 510
Furnished: Yes
Rent: 0
Occupied: No
Side/Unit 1 Cooling
Wall/Window Unit: 1
Side/Unit 1 Heating
Electric: 1
See Remarks: 1
Side/Unit 1 Appliance
Cooktop - Electric: 1
Dishwasher: 1
Microwave Built-In: 1
Refrigerator: 1
Stove/Oven - Electric: 1
Vent Hood: 1
Side/Unit 1 Features
Dining Room: 1
Kitchen: 1
Living Room: 1
Patio/Balcony/Deck: 1
W/D Hookup: 1
Side/Unit 1 Rent Frequency
Daily: 1
Side/Unit 1 Owner Pays
Cable: 1
Cooling: 1
Electric: 1
Heating: 1
Lawn Maintenance: 1
Pest Control: 1
Supplies: 1
Water/Sewer: 1
Insurance: 1
Side/Unit 2
Total Rooms: 3
# of Bedrooms: 1
Full Baths: 1
Avg SqFt: 510
Furnished: Yes
Rent: 0
Occupied: No
Side/Unit 2 Cooling
Wall/Window Unit: 1
Side/Unit 2 Heating
Electric: 1
Side/Unit 2 Appliance
Cooktop - Electric: 1
Dishwasher: 1
Microwave Built-In: 1
Refrigerator: 1
Stove/Oven - Electric: 1
Vent Hood: 1
Side/Unit 2 Features
Dining Room: 1
Kitchen: 1
Living Room: 1
Patio/Balcony/Deck: 1
W/D Hookup: 1
Side/Unit 2 Rent Frequency
Daily: 1
Side/Unit 2 Owner Pays
Cable: 1
Cooling: 1
Electric: 1
Heating: 1
Lawn Maintenance: 1
Pest Control: 1
Supplies: 1
Water/Sewer: 1
Insurance: 1
Side/Unit 3
Total Rooms: 3
# of Bedrooms: 1
Full Baths: 1
Avg SqFt: 510
Furnished: Yes
Rent: 0
Occupied: No
Side/Unit 3 Cooling
Wall/Window Unit: 1
Side/Unit 3 Heating
Electric: 1
Side/Unit 3 Appliance
Cooktop - Electric: 1
Dishwasher: 1
Microwave Built-In: 1
Refrigerator: 1
Stove/Oven - Electric: 1
Vent Hood: 1
Side/Unit 3 Features
Dining Room: 1
Kitchen: 1
Living Room: 1
Patio/Balcony/Deck: 1
W/D Hookup: 1
Side/Unit 3 Rent Frequency
Daily: 1
Side/Unit 3 Owner Pays
Cable: 1
Cooling: 1
Electric: 1
Heating: 1
Lawn Maintenance: 1
Pest Control: 1
Supplies: 1
Water/Sewer: 1
Insurance: 1
Side/Unit 4
Total Rooms: 3
# of Bedrooms: 1
Full Baths: 1
Avg SqFt: 510
Furnished: Yes
Rent: 0
Occupied: No
Side/Unit 4 Cooling
Wall/Window Unit: 1
Side/Unit 4 Heating
Electric: 1
Side/Unit 4 Appliance
Cooktop - Electric: 1
Dishwasher: 1
Dryer: 1
Microwave Built-In: 1
Refrigerator: 1
Vent Hood: 1
Washer: 1
Side/Unit 4 Features
Dining Room: 1
Kitchen: 1
Living Room: 1
Patio/Balcony/Deck: 1
W/D Hookup: 1
Side/Unit 4 Rent Frequency
Daily: 1
Side/Unit 4 Owner Pays
Cable: 1
Cooling: 1
Electric: 1
Lawn Maintenance: 1
Pest Control: 1
Supplies: 1
Water/Sewer: 1
Insurance: 1
Property ExteriorInterior Info
# Bedrooms: 4
SqFt - Heated (Primary): 2042
Property Features
Handicap Accessible: None
View Type: Ocean
Attic: Access Only
Basement: None
Construction: Concrete; Wood Frame
Exterior Features: Storm Doors
Exterior Finish: Fiber Cement; Stucco
Fencing: Partial
Foundation: Crawl Space
Fuel Tank: None
Parking Features: Lighted; On Site; Paved; Shared Driveway
Patio and Porch Features: Deck
Roof: Architectural Shingle
Levels: One
Lot Description: Corner Lot
Lot Water Features: Ocean Side
Cooling: Other
Heating: Other
Heating System Fuel Source: Electric; Other
Water Heater: Electric
Utilities: Electricity Connected; Water Connected
Water Source: Municipal Water
Sewer: Municipal Sewer
Flooring: LVT/LVP
Furnished: Furnished
Interior Features: Blinds/Shades; Ceiling Fan(s); Wash/Dry Connect
Security Features: Smoke Detector(s)
Laundry Location: Hookup - Dryer; Hookup - Washer; Laundry Closet
Dining Room Type: Combination
HOA and Neigh Amenities: No Amenities
Terms: Cash; Conventional
Listing Office:
Nest Realty
IDX
Last Updated: December - 03 - 2025
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