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7-Unit Furnished Apartment Building
For Sale
$2,950,000

415 Carolina Beach Avenue N, Carolina Beach, NC 28428

Commercial Sale, Carolina Beach, NC

Property Size5,186 SF
Lot Size0.14 Acres
Price / SF$568.84
Days on Market93

Property Features for 415 Carolina Beach Avenue N

General Information

Property type Commercial Sale
Property subtype Other
Zoning T-1
Subdivision Not In Subdivision
Directions Lake Park BLVD S Left at Carl Winner Drive Left at Canal Dr Right at Pelican Lane Left at Carolina Beach Ave N, Property is on the Left
Standard status Active
APN R08819-005-005-000
Size 5,186 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 8 BLK 6 CAROLINA BEACH
Legal Description LOT 8 BLK 6 CAROLINA BEACH

Utilities

Heating system Electric (Heating)

Building Details

Year built 1948
Listing Agency: Coldwell Banker Sea Coast Advantage-CB · Coldwell Banker Real Estate
Listed By: White Singh & Associates
Added: May 23 Changed: Aug 19 Last Checked: Aug 23 at 3:06AM
MLS# 100576332

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 5,186-square-foot apartment property includes 7 furnished units across two buildings on a 0.14-acre parcel. The front building contains four apartments: three one-bedroom, one-bath units and a two-bedroom loft with one bath. The rear building adds two one-bedroom, one-bath units and a two-bedroom penthouse with views of the ocean and Intracoastal Waterway. Each unit has a private full kitchen, indoor living space, and access to outdoor entertainment areas. Electric heating serves the property, which dates to 1948 and is zoned T-1.

The property is located at 415 Carolina Beach Avenue N in Carolina Beach, NC, across the street from the beach. The Carolina Beach Boardwalk, restaurants, bars, and local entertainment are within walking distance. The rear building is described as newly constructed, while the original front building retains its beach-era character and appointments.

Key Highlights

  • 7 units totaling 5,186 square feet on 0.14 acres
  • Unit mix includes five 1‑bedroom apartments, one 2‑bedroom loft, and one 2‑bedroom penthouse
  • Two‑building layout with four units in front and three units in back

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Law Firm Auto Parts Store Dental Office Storage Facility Hair Salon Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

740
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully furnished units combine private kitchens, indoor living areas, and outdoor gathering spaces in a two-building coastal property.
Where is this apartment building located?
The property is located at 415 Carolina Beach Avenue N Carolina Beach, NC.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 7 units totaling 5,186 square feet on 0.14 acres; Unit mix includes five 1‑bedroom apartments, one 2‑bedroom loft, and one 2‑bedroom penthouse; Two‑building layout with four units in front and three units in back
More about this property
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