Five-Unit Apartment
For Sale
Contact for pricing
510 W St George, Southport, NC 28461
Modern multifamily asset with grandfathered short-term rental rights, four two-bedroom residences, and a separate cottage.
Property Size5,268 SF
Lot Size0.25 Acres
Price / SF$322.68
Days on Market13
Property Features for 510 W St George
General Information
Standard status
Active
Size
5,268 SF
Class
B
Lot size
0.25 Acres
Property subtype
Multifamily
Zoning
SP-MF
Units
Unit Mix
4 x 2BR/2BA, 1 x cottage
Multifamily Units
5
Building Details
Year Built
2019
Buildings
3
Stories
1
Units
5
Tenancy
Multi
Listing Agency:
Berkshire Hathaway HomeServices | Carolina Premier Properties
(910) 746-7000
Listed By:
Matt Gladden · License #348682
Source:
Crexi
Added: Aug 2
Changed: Aug 13
Last Checked: Aug 12 at 11:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices | Carolina Premier Properties
Investment Insights
Based on property information with market context.
Ibis Landing is a five-unit apartment property at 510 W St George in Southport, NC. The 5,268-square-foot asset sits on a quarter-acre lot in the city's historic district and includes four 2BR/2BA residences constructed in 2019, along with a separate cottage. The property backs to a pond and is positioned near downtown Southport's waterfront, shops, and restaurants.
Grandfathered short-term rental rights are in place, providing documented flexibility for short-term or long-term rental use. The property is zoned SP-MF and offers a multifamily configuration with a mix of primary residences and a detached cottage.
Grandfathered short-term rental rights are in place, providing documented flexibility for short-term or long-term rental use. The property is zoned SP-MF and offers a multifamily configuration with a mix of primary residences and a detached cottage.
Key Highlights
- Five‑unit apartment property totaling 5,268 square feet
- Four 2BR/2BA residences built in 2019 plus a separate cottage
- Grandfathered short‑term rental rights
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
618
Businesses Nearby
Explore this area
Business Placement
Demographics for 28461, NC
22,141
Population
14,435
Households
1.5
Avg Household Size
62
Median Age
39%
College-Educated
95%
High-School Grad
75.9 sq mi
ZIP Area
292
Density / Sq Mi
$79,681
Median Household Income
$41,587
Median Earnings
$1,356
Median Rent
$388,800
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?
Apartment building - Modern multifamily asset with grandfathered short-term rental rights, four two-bedroom residences, and a separate cottage.
Where is this apartment building located?
The property is located at 510 W St George Southport, NC.
What is the asking price?
The asking price for this property is $1,699,900.
What are key features of this property?
This property features: Five‑unit apartment property totaling 5,268 square feet; Four 2BR/2BA residences built in 2019 plus a separate cottage; Grandfathered short‑term rental rights
