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Turn-Key Ocean-Access Quadplex

1603 Lake Park Boulevard S, Carolina Beach, NC 28428

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For Sale

$1,375,000

MULTI_FAMILY - Carolina Beach, NC

Property size:

2,042 SF

Lot size:

0.12 Acres

Price / SF:

$673/SF

HighLights

Fully remodeled, furnished 4‑unit ocean‑access quadplex on Texas Ave beach access in Carolina Beach
No HOA; public water and electric heating; shingle roof; constructed with concrete, stucco, fiber cement, and wood frame
Renovations include new subfloor, LVP, trim, drywall and paint, updated kitchens and bathrooms, new water heater
Owners completed new roof, fascia, soffit, furniture and staging, AC enclosures, back deck and walkways to beach
Utilities and layout features include storm doors, deck, driveway parking, and an LVT/LVP flooring package throughout
Built in 1955; built‑in cinderblock firewall between units; lined for 8 parking spots with room for 9

We can help!

Listing Contact

Abby D Harris

For Sale

$1,375,000

MULTI_FAMILY - Carolina Beach, NC

Property size:

2,042 SF

Lot size:

0.12 Acres

Price / SF:

$673/SF

Added:: Oct 7, 2025
Days on Market:: 250
Last Refresh:: Jun 13 at 3:06 am

Property Features for 1603 Lake Park Boulevard S

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: MF
Bedrooms: 4
Bathrooms: 4
Rooms: Bedroom 2, Bedroom 4, Bathroom 4, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
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
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

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

We can help!

Listing Contact

Abby D Harris

Listing agent Abby D Harris License #302840

Listing office Nest Realty 112 Cape Fear Blvd., Carolina Beach, NC

Listing date Oct 7, 2025

MLS# 100534749 Listing URL

HighLights

Fully remodeled, furnished 4‑unit ocean‑access quadplex on Texas Ave beach access in Carolina Beach
No HOA; public water and electric heating; shingle roof; constructed with concrete, stucco, fiber cement, and wood frame
Renovations include new subfloor, LVP, trim, drywall and paint, updated kitchens and bathrooms, new water heater
Owners completed new roof, fascia, soffit, furniture and staging, AC enclosures, back deck and walkways to beach
Utilities and layout features include storm doors, deck, driveway parking, and an LVT/LVP flooring package throughout
Built in 1955; built‑in cinderblock firewall between units; lined for 8 parking spots with room for 9

Overview

This is a fully remodeled and furnished turn-key 4-unit quadplex with ocean access, located on the Texas Ave beach access in Carolina Beach. Situated adjacent to the Carolina Beach/Kure Beach pipeline, the property is built on one of the most popular surfing locations on the island. The property is suitable for a 1031 exchange or an investor looking to capture Bonus Depreciation via Cost Segregation study. It is also ideal for anyone seeking a fully functioning turn-key Airbnb or mid/long-term rental multifamily property. The property, built in 1955, has 2042 square feet of space and sits on a 0.12-acre lot. It is zoned MF. The property is not in a flood zone despite being 27 steps from the beach. The zoning permits the ability to build up, and the property is constructed with a cinderblock firewall between units, potentially allowing for the units to be broken into individual condos. There is currently lining for 8 parking spots, with room for 9 spaces. This former long-term/midterm multifamily rental had never flooded prior to the No Name storm of September 24, but did get water intrusion during that historic storm, and has been fully renovated with new subfloor, LVP, trim, drywall and paint, kitchens, bathrooms, vanities, and water heater. In addition, owners also completed new roof, facia, soffit, furniture and staging, AC enclosures, back deck and walkways to beach, and is currently turnkey and ready to rent.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Carolina Beach
County: New Hanover
State: North Carolina
Longitude: -77.899683
Latitude: 34.015271

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For sale
Quadplexes
NC
Carolina Beach
28428
1603 Lake Park Boulevard S

What type of property is this?

Quadplex - Remodeled, furnished 4-unit quadplex near Texas Ave beach access.

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 ocean‑access quadplex on Texas Ave beach access in Carolina Beach; No HOA; public water and electric heating; shingle roof; constructed with concrete, stucco, fiber cement, and wood frame; Renovations include new subfloor, LVP, trim, drywall and paint, updated kitchens and bathrooms, new water heater

1603 Lake Park Boulevard S, Carolina Beach, NC 28428

MULTI_FAMILY - Carolina Beach, NC

Property Features for 1603 Lake Park Boulevard S

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Turn-Key 7-Unit Coastal Apartment Property

Beach Proximity Duplex Opportunity

Pleasure Island Mini Storage Facility

Carolina Beach Multifamily Oceanfront Property

Multifamily Investment Near Beach

Carolina Beach Triplex Investment Opportunity

Prime Carolina Beach Corner Lot

Carolina Beach Townhome Near Beach

Coastal Self-Storage Investment Opportunity

Oceanfront Condo with Sundeck Access

Renovated Landmark in Carolina Beach

Boardwalk Property in Carolina Beach

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