2-4 Units Multi-Family at 109 Sumter Avenue, Carolina Beach, NC 28428
2-4 Units Multi-Family at 109 Sumter Avenue, Carolina Beach, NC 28428, photo 2 of 3
2-4 Units Multi-Family at 109 Sumter Avenue, Carolina Beach, NC 28428, photo 3 of 3
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$2,200,000

109 Sumter Avenue, Carolina Beach, NC 28428
Carolina Beach, NC 28428
Listed by Shane Register Team · Coldwell Banker Sea Coast Advantage-Midtown
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

A rare opportunity for redevelopment at sought-after Carolina Beach! Highest and Best use for this location is residential development. Current zoning of NB (Neighborhood Business) allows for residential - single family. The property consists of three individual 50' x 150' parcels (total acreage of .517). Additionally, the premium site is adjacent to views of Carolina Beach Lake and a short walk to the beachfront. The existing business is relocating and is not for sale. Showing appointments must be scheduled after normal business hours.

Property details

MLS
Hive MLS
MLS #
100545100
Property type
2-4 Units Multi-Family
Subdivision
Not In Subdivision
Status
Active
Days on market
309
On market date
December 12, 2025
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.51 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
0.35 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
5.14 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
5.13 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). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

59
Somewhat walkable
out of 100
EPA National Walkability Index
11.8 / 20 -- Above average walkable

Market position

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

On the market 309 days -- 189 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
$13,399/mo
$440,000 down
$1,760,000 loan
Principal & interest$11,415
Property tax (est.)$1,833
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.