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

    601 Fort Fisher Blvd S Kure Beach, NC 28449

    Sponsored
    For Sale
    $4,500,000

    MULTI_FAMILY - Kure Beach, NC

    Property size:
    4,296 SF
    Lot size:
    0.10 Acres
    Days on Market:
    5
    Last Refresh:
    Feb 7 at 12:06 pm

    Property Features for 601 Fort Fisher Blvd S

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    TransactionType
    Standard
    Standard status
    Active
    Window features
    Skylight(s)
    Zoning
    RA-4
    Rooms
    Bedroom 2, Bedroom 5, Bathroom 3, Bathroom 2, Bathroom 7, Bedroom 6, Bedroom 8, Bathroom 5, Bedroom 3, Bedroom 7, Bathroom 4, Bathroom 8, Bedroom 1, Bathroom 1, Bathroom 6, Bedroom 4
    Bedrooms
    8
    Bathrooms
    8
    APN
    R09405-007-001-000
    Parking
    2
    Parking features
    Garage, Open
    Patio and Porch features
    Deck
    Interior features
    Vaulted Ceiling(s), Sound System, High Ceilings, Kitchen Island, Ceiling Fan(s), Walk-in Shower
    Exterior features
    Balcony
    Fireplace
    1
    Appliances
    Vented Exhaust Fan, Mini Refrigerator, Gas Cooktop, Built-In Microwave, Self Cleaning Oven, Refrigerator, Range, Ice Maker, Disposal, Dishwasher
    Size
    4,296 SF
    Lot size
    0.10 Acres

    Utilities

    Utilities
    Propane
    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating), Fireplace(s), Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public
    Water front features
    Waterfront, Beach Access
    Water front
    1

    Building Details

    Year built
    2025
    Floors in Building
    3
    Number of units
    2
    Flooring type
    Tile, Wood
    Building materials
    Fiber Cement
    Roof type
    Metal

    We can help!

    Listing Contact
    Olivia L Galarde

    The Agency Charlotte (980) 293-5487

    Listing agent Olivia L Galarde (910) 899-6262 License #340070

    Listing date Feb 3, 2026

    MLS# 100537056

    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

    Oceanfront Duplex in Kure Beach

    Located in Kure Beach, NC, 601 Fort Fisher Blvd S is a newly constructed oceanfront duplex offered as a full duplex (Units A & B). Each residence features 4 bedrooms and 3.5 baths, designed to capture panoramic ocean views. Interior finishes include engineered hardwood flooring, chef-inspired kitchens with JennAir appliances, quartzite waterfall islands, custom cabinetry, and built-in dry bars. Expansive oceanfront decks and a heated infinity-edge spa pool overlook the shoreline. Primary suites in both units offer private balconies, vaulted tongue-and-groove ceilings, custom built-ins, and spa-like baths with granite finishes, rainfall showers, and skylights. Additional features include an indoor main-level sound system, durable metal roofing, low-maintenance turf yards, and coastal landscaping. The property is situated minutes from the Kure Beach Pier, Historic Fort Fisher, the NC Aquarium, and miles of protected shoreline. The property, situated on a 0.1-acre lot, offers flexibility for use and rental strategy. The property size is 4296 square feet. This property presents an opportunity to acquire a luxury asset with income potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Accounting Firm Bar & Pub Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Kure Beach
    County
    New Hanover
    State
    North Carolina
    Longitude
    -77.908872
    Latitude
    33.990427

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    FAQs

    What type of property is this?
    Duplex - Luxury duplex with ocean views and income potential in Kure Beach.
    Where is this duplex located?
    The property is located at 601 Fort Fisher Blvd S Kure Beach, NC.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - Premier oceanfront duplex with strong income potential and no HOA, offering maximum flexibility.; - Each unit features 4 bedrooms and 3.5 baths with panoramic ocean views and high-end coastal finishes.; - Resort-style amenities include expansive oceanfront decks and a heated infinity-edge spa pool overlooking the shoreline.
    (910) 899-6262
    Request Owner's contact information
    601 Fort Fisher Blvd S Kure Beach, NC 28449
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    Kure Beach, NC 28449
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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
    601 Fort Fisher Blvd S Kure Beach, NC 28449
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    We can help!
    Listing Contact
    Olivia L Galarde
    Real Estate License ID: 340070
    (910) 899-6262
    Learn more
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