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    The Largest CRE Database in the US with Over 1 Million Listings

    308 N Anderson Blvd Topsail Beach, NC 28445

    Sponsored
    For Sale
    $1,850,000

    MULTI_FAMILY - Topsail Beach, NC

    Property size:
    3,348 SF
    Lot size:
    0.22 Acres
    Days on Market:
    11
    Last Refresh:
    Feb 2 at 3:06 pm

    Property Features for 308 N Anderson Blvd

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    R4
    Rooms
    Bathroom 4, Bathroom 2, Bathroom 5, Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 6, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 5
    Bedrooms
    6
    Bathrooms
    6
    APN
    4223-36-5416-0000
    Parking
    2
    Parking features
    Off Street, Garage
    Patio and Porch features
    Deck
    Interior features
    High Ceilings, Mud Room, Wash/Dry Connect, Ceiling Fan(s), Furnished, Blinds/Shades
    Exterior features
    Balcony
    Appliances
    Electric Oven, Built-In Microwave, Washer, Refrigerator, Range, Dryer, Disposal, Dishwasher
    Size
    3,348 SF
    Lot size
    0.22 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Heating system
    Heat Pump (Heating), Forced Air, Electric (Heating)
    Cooling system
    Zoned, Heat Pump
    Water source
    Public
    Water front features
    Beach Access

    Building Details

    Year built
    2006
    Floors in Building
    3
    Number of units
    2
    Flooring type
    Tile, Carpet, Lvt/lvp
    Building materials
    Vinyl Siding
    Roof type
    Metal

    We can help!

    Listing Contact
    Dana C Little
    Dana C Little

    Coastal Realty Associates LLC (910) 270-4444

    Listing agent Dana C Little (910) 270-4444 License #228012

    Listing date Jan 23, 2026

    MLS# 100544911

    Copyright © 2026 HIVE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Topsail Beach Income-Producing Duplex

    This income-producing duplex offers unobstructed ocean views and private deeded beach access directly across the street. Sold together as one turn-key property, it provides flexibility for personal use and rental income. Each unit is fully furnished and features 3 bedrooms and 3 bathrooms. The units include an open-concept kitchen and living area, multiple ocean-view decks, and a garage with additional storage. Both units have fenced backyards with expansive rear decks overlooking a maritime forest. One side is owner-enjoyed, while the other has been used as an occasional rental. Side B has been successfully rented via VRBO with consistently high ratings. Additional features include two separate garages, a tiled foyer/wet entry on each side, and panoramic ocean views. The property is located in Topsail Beach, offering a relaxed coastal atmosphere with beaches, a fishing pier, historic landmarks, local boutiques, seafood restaurants, a full-service marina, and access to the Intracoastal Waterway. The lot size is 0.22 acres, and the property size is 3348 square feet. The property's unique placement protects the panoramic ocean views. The zoning is R4.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Gym & Fitness Center Auto Repair Shop Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Topsail Beach
    County
    Onslow
    State
    North Carolina
    Longitude
    -77.596455
    Latitude
    34.391838

    Nearby Similar for Sale

    • $1,225,000
      2,742 SF

      Topsail Beach Quadplex Investment

      Rare Topsail Island quadplex with ocean and sound views.
      1008 Ocean Blvd, Topsail Beach, NC 28445
      View Details

    FAQs

    What type of property is this?
    Duplex - Income-producing duplex with ocean views and private beach access.
    Where is this duplex located?
    The property is located at 308 N Anderson Blvd Topsail Beach, NC.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - Stunning, unobstructed panoramic ocean views protected by unique property placement.; - Income-producing duplex sold as one turn-key property, offering flexibility for personal use and rental income.; - Private deeded beach access directly across the street.
    (910) 616-6332
    Request Owner's contact information
    308 N Anderson Blvd Topsail Beach, NC 28445
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    308 N Anderson Blvd Topsail Beach, NC 28445
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    We can help!
    Listing Contact
    Dana C Little
    Dana C Little
    Real Estate License ID: 228012
    (910) 616-6332
    Learn more
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