Remodeled Ocean-Access
For Sale
$1,375,000
1603 Lake Park Boulevard S, Carolina Beach, NC 28428
MULTI_FAMILY - Carolina Beach, NC
Property Size2,042 SF
Lot Size0.12 Acres
Price / SF$673.36
Days on Market297
Property Features for 1603 Lake Park Boulevard S
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning
MF
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 2
Parking features
Driveway
Patio and Porch features
Deck
Interior features
Wash/Dry Connect, Ceiling Fan(s), Furnished, Blinds/Shades
Exterior features
Storm Doors
Appliances
Vented Exhaust Fan, Electric Cooktop, Built-In Microwave, Built-In Electric Oven, Refrigerator, Dishwasher
Subdivision
Wilmington Beach
Lot features
Corner Lot, Ocean Side
View
Ocean
Elementary school
Carolina Beach
Middle school
Murray
High school
Ashley
Directions
421 S (Carolina Beach Rd) to Carolina Beach. Drive through downtown Carolina Beach and the property will be located on the left side of the street directly on the Texas ave beach access.
Standard status
Active
APN
R09018-012-001-000
Size
2,042 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
2 13 WILM BCH
Tax Annual Amount
4562
Legal Description
2 13 WILM BCH
Utilities
Heating system
Electric (Heating)
Water source
Public
Building Details
Year built
1955
Floors in Building
1
Number of units
4
Flooring type
Lvt/lvp
Building materials
Concrete, Stucco, Fiber Cement, Wood Frame
Roof type
Shingle
Listing Agency:
Nest Realty
(910) 550-2788
Listed By:
Abby D Harris · License #302840
(803) 319-1988
Added: Oct 7, 2025
Changed: Jul 18
Last Checked: Jul 30 at 11:06PM
MLS# 100534749
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.
Investment Insights
Based on property information with market context.
This fully remodeled and furnished, turn-key 4-unit ocean-access quadplex is ready for immediate rental use. The property was built in 1955 and renovated with new interior finishes including subfloor, LVP, trim, drywall, and paint, along with updated kitchens and bathrooms featuring vanities and water heaters. Additional improvements include a new roof, fascia, soffit, and furniture/staging, plus AC enclosures. The layout supports four separate units, and the structure includes cinderblock firewall construction between units, which may allow for unit conversions depending on feasibility.
The quadplex is located at Texas Ave beach access in Carolina Beach, NC, and is described as adjacent to the CB/KB pipeline. The property has no HOA and is stated to be not in a flood zone despite being approximately 27 steps from the beach. Parking is currently lined for 8 spaces, with room for 9.
With zoning listed as MF, the property may also benefit from development flexibility discussed in the offering, including the ability to build up as permitted. The combination of turnkey furnishings, recent renovation scope, and beach-access positioning supports multiple rental strategies for an owner-operator or investor seeking a maintained multifamily asset without HOA restrictions.
The quadplex is located at Texas Ave beach access in Carolina Beach, NC, and is described as adjacent to the CB/KB pipeline. The property has no HOA and is stated to be not in a flood zone despite being approximately 27 steps from the beach. Parking is currently lined for 8 spaces, with room for 9.
With zoning listed as MF, the property may also benefit from development flexibility discussed in the offering, including the ability to build up as permitted. The combination of turnkey furnishings, recent renovation scope, and beach-access positioning supports multiple rental strategies for an owner-operator or investor seeking a maintained multifamily asset without HOA restrictions.
Key Highlights
- Fully remodeled, furnished 4‑unit quadplex on Texas Ave beach access in Carolina Beach
- Renovations include new subfloor, LVP flooring, trim, drywall and paint, plus updated kitchens and bathrooms
- New roof, fascia, soffit, AC enclosures, back deck and walkways to beach; property built in 1955
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
488
Businesses Nearby
Explore this area
Business Placement
Demographics for 28428, NC
6,848
Population
6,268
Households
1.1
Avg Household Size
51
Median Age
48%
College-Educated
98%
High-School Grad
5.2 sq mi
ZIP Area
1,317
Density / Sq Mi
$87,670
Median Household Income
$41,138
Median Earnings
$1,515
Median Rent
$490,100
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Turn-key, fully remodeled 4-unit quadplex positioned for beach-access rental use with designated on-site parking.
Where is this quadplex located?
The property is located at 1603 Lake Park Boulevard S Carolina Beach, NC.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Fully remodeled, furnished 4‑unit quadplex on Texas Ave beach access in Carolina Beach; Renovations include new subfloor, LVP flooring, trim, drywall and paint, plus updated kitchens and bathrooms; New roof, fascia, soffit, AC enclosures, back deck and walkways to beach; property built in 1955
