510 W St George Street, Southport, NC 28461 (MLS# 100590676)

510 W St George Street, Southport, NC 28461

$1,649,000

2-1st_floor_510_west_st_george_street_so

1-all_floors_510_west_st_george_street_s

3-all_floors_510_west_st_george_street_s

Property Type: Multi-Family Bedrooms: 10 Baths: 9 Square Footage: 5,268 Lot Size (sq. ft.): 10,977 Status: Active

Current Price: $1,649,000 List Date: 7/22/2026 Last Modified: 10/19/2026

Overview

Description

Grandfathered short-term rental rights in downtown Southport -- the one thing investors can't buy anymore, and this five-unit has it. Four bright 2BR/2BA units built in 2019 plus a private cottage, set on a quarter-acre pond-front lot three blocks from the shops, restaurants, and waterfront of one of North Carolina's most beloved coastal towns. The opportunity pencils two ways: projected at $150,000 gross on all annual leases, or blend in short-term rentals on two units and the pro forma reaches $181,250 gross -- roughly a 7.2% projected cap at asking. Newer construction keeps maintenance light, tenants pay their own utilities, and Oak Island's beaches are minutes away. A walkable, water-view income property with a licensing moat around it -- the kind of Southport offering that comes along once a cycle. Pro forma projections available; buyers to verify all figures and rental permissions. .

Listing Details MLS# 100590676

Contract Info

Delayed Marketing?: No
Marketing Start Date: 2026-07-22
Sub-Type: Quadruplex
Listing Price: 1649000
List Price/SqFt: 313.02
Stipulation of Sale: Standard

Location Information

Street #: 510
Pre Direction: W
Street Name: St George
Street Suffix: Street
County: Brunswick
State/Province: NC
Zip Code: 28461
City Limits: Yes
Marketing City: Southport
Subdivision: Not In Subdivision
Secondary Subdivision: N/A

Remarks and Showing

Directions to Property: Driving on W St George property will be on right.
Sign on Property: Yes

Building Info

New Construction: No

Property ExteriorInterior Info

# Bedrooms: 10
SqFt - Heated (Primary): 5268

Legal and Taxes

Tax Assessed Value: 287570
Deed Book: 4237, 4210
Deed Page: 985493
Legal: L-E .25 AC DB PL 4210-479, L-D .28 AC DB PL 4210-479
Broker Owner: No
PID: 237LA02810237LA02885
Tax Identifier: 237la02885
Plat Book: 4210
Plat Page: 479
Total Real Estate Property Taxes: 2102.9
Special Assessments: none
Tax Year: 2025
Year Built: 2019
Zoning: SP-MF
HOA: No
Cobra Zone: No
Elementary School: Southport
Middle School: South Brunswick
High School: South Brunswick
School District: Brunswick County Schools

More Information

Entry Level Information

Entry Level: Yes

Property Features

Frontage Type: Pond Front View Type: Pond Basement: None Construction: Wood Frame Exterior Finish: Brick Veneer; Vinyl Siding Fencing: None Foundation: Slab Fuel Tank: None Parking Features: Gravel; Shared Driveway Patio and Porch Features: Patio; Porch Pool Features: None Roof: Shingle Levels: One Lot Water Features: None Cooling: Central Air; Heat Pump Heating: Forced Air; Heat Pump Heating System Fuel Source: Electric Water Heater: Electric Utilities: Electricity Connected; Sewer Connected; Water Connected Water Source: Public Sewer: Public Sewer Flooring: LVT/LVP Furnished: Negotiable Interior Features: Kitchen Island Laundry Location: Hookup - Dryer; Hookup - Washer Dining Room Type: Combination Terms: Cash; Conventional

IDX

Listing Office: Berkshire Hathaway HomeServices Carolina Premier Properties

Last Updated: October - 19 - 2026

Copyright 2026 NCRMLS. All rights reserved. North Carolina Regional Multiple Listing Service, (NCRMLS), provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. NCRMLS will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of NCRMLS.