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    511 St George St W, Unit George Southport, NC 28461

    For Sale
    $999,999

    MULTI_FAMILY - Southport, NC

    Property size:
    1,721 SF
    Lot size:
    0.37 Acres
    Days on Market:
    14
    Last Refresh:
    Dec 9 at 12:06 pm

    Property Features for 511 St George St W

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    SP-MF
    APN
    237la02805
    Size
    1,721 SF
    Lot size
    0.37 Acres

    Utilities

    Heating system
    Electric (Heating)
    Water source
    Public

    Building Details

    Year built
    1982

    Southport Oak Island Realty Group, Inc. (910) 457-7113

    Listing agent Jon Langley (910) 457-7113 License #317582

    Listing date Nov 26, 2025

    Copyright © 2025 Hive MLS / Topsail Island Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Southport Investment Opportunity

    This property presents an investment opportunity in Downtown Southport, North Carolina. The 0.37-acre lot, zoned MF, is located adjacent to a high-density multi-family property overlooking the Southport Marina. The lot size is 16,500 square feet, and the attached UDO indicates setbacks that allow for multiple opportunities, with a potential 10,500 square foot footprint and 40-foot height.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Southport
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.026558
    Latitude
    33.921377

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    FAQs

    What type of property is this?
    Commercial land - Investment opportunity in Downtown Southport near the Southport Marina.
    Where is this commercial land located?
    The property is located at 511 St George St W, Unit George Southport, NC.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: - Prime investment opportunity in Downtown Southport.; - Zoned MF (Multi-Family) offering diverse development possibilities.; - Large 16,500 sqft lot provides ample space.
    (910) 457-7113
    Request Owner's contact information
    511 St George St W, Unit George Southport, NC 28461
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    Southport, NC 28461
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    Realmo Value Estimation

    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.

    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.

    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
    511 St George St W, Unit George Southport, NC 28461
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