807 Carolina Beach Avenue N

If you thought you missed the opportunity to snag your own paradise on Pleasure Island in today's Coastal Dash, think again! This multi-dimensional duplex sits on an oversized 50' x 125' lot and offers upper-floor views of the Atlantic Ocean—truly checking every box for any beach lover! Whether you're looking for a turn-key investment with an annual cap rate of 9% to 12% (based on the current sales or simply a second home to offset your expenses, this is the perfect find. This 1,490 sq. ft. duplex getaway consists of a lower-level 2-bedroom, 1.5-bath apartment, and an upper-level 3-bedroom, 1-bath apartment, each with separate electric meters. Annual updates have ensured the home maintains a lovely balance between historic bungalow charm and modern amenities. Some of these updates include a Timberline architectural shingle roof with a 10-year Silver Pledge Warranty (2022), dual mini-splits for each apartment (2022), upgraded water heaters with electronic anode rods, aluminum hurricane shutters, and more! Oh, and did we mention that the home comes fully furnished and includes all appliances, décor, and guest amenities? Located less than 100 feet from both Oyster Shell Lane and Sandpiper Beach accesses, and just one block from the Intracoastal Waterway—which features a public kayak and paddleboard launch at the intersection of Oystershell and Canal Drive—this location boasts a range of unique attractions that are hard to find elsewhere. Plus, you have your own convenient snack spot at the North End Mini-Mart just a block away!
This amazing as-is/turnkey investment is ready to roll like the tide. Will you be the one to land this ''big one''?