Multi Family at 415 Carolina Beach Avenue N, Carolina Beach, NC 28428
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9 photos

$2,950,000

415 Carolina Beach Avenue N, Carolina Beach, NC 28428
Carolina Beach, NC 28428
Listed by White Singh & Associates · Coldwell Banker Sea Coast Advantage-CB
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1948

About this home

Unique Investment Opportunity in Carolina Beach One of the only true multi-family properties available in Carolina Beach, this exceptional 7-unit income-producing property is being offered Fully Furnished and Turn Key! Perfectly positioned on the 2nd row, just steps from the beach and within walking distance to the Carolina Beach Boardwalk, restaurants, bars, and local entertainment. This rare turnkey investment offers strong rental income potential while also providing the flexibility to reserve one of the units as a personal beach retreat. This is more than just a property--it's an exceptionally rare opportunity to own one of the most successful and recognized multi-family vacation rental investments on Pleasure Island. With a proven track record in the short-term rental community, this property has consistently performed among the top 1% of listings in the area, earning a loyal following of repeat guests year after year who return specifically for the unique experience and unbeatable location this property offers. The property features two buildings: Front Building: 4 units Three 1-bedroom / 1-bath units One 2-bedroom Loft / 1-bath unit Back Building: 3 units Two 1-bedroom / 1-bath units One spacious 2-bedroom Penthouse Suite featuring ocean and Intracoastal Waterway views The newly constructed rear building includes three large units, highlighted by the impressive penthouse suite. The original front building has been tastefully appointed while preserving its classic beach charm and character. Each fully furnished unit includes: Private full kitchen Inviting indoor living spaces Exceptional outdoor entertainment areas A communal atmosphere guests love Whether you're looking to expand your investment portfolio, operate a high-performing vacation rental property, or secure a one-of-a-kind coastal asset with personal-use flexibility, this property delivers unmatched value and location. Walk to the beach just across the street and enjoy everything Carolina Beach has to offer. Opportunities like this are incredibly rare.

Property details

MLS
Hive MLS
MLS #
100576332
Property type
Multi Family
Subdivision
Not In Subdivision
Status
Active
Days on market
147
On market date
May 23, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.14 acres
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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
0.77 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
4.39 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
4.4 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 147 days -- 27 more days than Carolina Beach's current average of 120 days.
For reference, the median list price across 250 active listings in Carolina Beach right now is $599,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$17,915/mo
$590,000 down
$2,360,000 loan
Principal & interest$15,307
Property tax (est.)$2,458
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated August 19, 2026.

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.