Condominium at 1008 Canal Drive Apt 2a, Carolina Beach, NC 28428
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$418,000

1008 Canal Drive Apt 2a, Carolina Beach, NC 28428
Carolina Beach, NC 28428
Listed by Jaci H Ponzoni · Coldwell Banker Sea Coast Advantage-CB
Bedrooms
2
Bathrooms
2
Living area
892 sqft
Year built
1985

About this home

EXCEPTIONAL RENTAL HISTORY + POOL + AWESOME WATER VIEWS! this great income producing condo is back on the market after buyer financing fell through! You won't find a better option at a better price for a turnkey investment or vacation home in Carolina Beach. This beautifully updated, fully furnished water view condominium checks all the boxes! You'll enjoy unobstructed views of Myrtle Grove Sound and the Yacht Basin from your large covered deck--the ideal spot to unwind and watch the dolphins play, the sun set and the boats cruise by. You'll also appreciate the large community pool--a great place to hang out with friends and family. Inside, you'll love the thoughtful recent updates (2024) that included LVP flooring, quartz kitchen counters, kitchen appliances and bath renovation. The entire home has a tasteful beachy decor and the large primary suite features a private balcony. Previously a primary residence for the sellers, this home has a 2022 HVAC and newer sliding glass doors. Just a block from the ocean and public beach access, it's the perfect gateway to enjoy the laid-back charm of Carolina Beach with its vibrant boardwalk and marina, local restaurants, live music, festivals and markets --and of course fun in the sun and on the water! The building offers covered and overflow parking with driveways to access both Carolina Beach Avenue and Canal Drive. Secure ground floor storage provides convenient access to all that beach gear you'll be collecting. This property generated $34K in vacation rental income in 2025 and has delivered $33,000 through August of this year, making it a smart coastal investment. The well-maintained 6-unit building offers peace of mind with HOA covering water, sewer, trash, wind/hail, flood and master insurance plus pest control, and exterior and grounds maintenance.

Property details

MLS
Hive MLS
MLS #
100573441
Property type
Condominium
Subdivision
The Tides
Status
Active
Days on market
136
On market date
October 30, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Carolina Beach Elementary
1.3 mi away · Grades 0-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
409
Student:teacher ratio
14.6:1
District
New Hanover County Schools
Middle
Charles P Murray Middle
3.91 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
832
Student:teacher ratio
16.6:1
District
New Hanover County Schools
High
Eugene Ashley High
3.93 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
2.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
1,931
Student:teacher ratio
18.2:1
District
New Hanover County Schools

Walkability

Blended score for Carolina Beach's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

61
Walkable
out of 100
EPA National Walkability Index
8.3 / 20 -- Below average walkable
Google Places amenity density
90 / 100
Restaurants & cafes20
Grocery stores6
Parks20
Schools4
Transit stops0
Pharmacies5

Market position

How this listing compares to current activity in Carolina Beach, from live MLS data.

On the market 136 days -- 21 more days than Carolina Beach's current average of 115 days.
For reference, the median list price across 255 active listings in Carolina Beach right now is $599,900.

Mortgage calculator

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Est. monthly payment
$2,667/mo
$83,600 down
$334,400 loan
Principal & interest$2,169
Property tax (est.)$348
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.