415 Carolina Beach Avenue N, Carolina Beach, NC, 28428
About This Home
Unique Investment Opportunity in Carolina Beach One of the only true multi-family properties available in Carolina Beach, this exceptional 7-unit income-producing property is being offered Fully Furnished and Turn Key! Perfectly positioned on the 2nd row, just steps from the beach and within walking distance to the Carolina Beach Boardwalk, restaurants, bars, and local entertainment. This rare turnkey investment offers strong rental income potential while also providing the flexibility to reserve one of the units as a personal beach retreat. This is more than just a property--it's an exceptionally rare opportunity to own one of the most successful and recognized multi-family vacation rental investments on Pleasure Island. With a proven track record in the short-term rental community, this property has consistently performed among the top 1% of listings in the area, earning a loyal following of repeat guests year after year who return specifically for the unique experience and unbeatable location this property offers. The property features two buildings: Front Building: 4 units Three 1-bedroom / 1-bath units One 2-bedroom Loft / 1-bath unit Back Building: 3 units Two 1-bedroom / 1-bath units One spacious 2-bedroom Penthouse Suite featuring ocean and Intracoastal Waterway views The newly constructed rear building includes three large units, highlighted by the impressive penthouse suite. The original front building has been tastefully appointed while preserving its classic beach charm and character. Each fully furnished unit includes: Private full kitchen Inviting indoor living spaces Exceptional outdoor entertainment areas A communal atmosphere guests love Whether you're looking to expand your investment portfolio, operate a high-performing vacation rental property, or secure a one-of-a-kind coastal asset with personal-use flexibility, this property delivers unmatched value and location. Walk to the beach just across the street and enjoy everything Carolina Beach has to offer. Opportunities like this are incredibly rare.
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1948
Materials
- Foundation: Other,Slab,Pilings
- Roof: Shingle
- Construction materials: Wood Siding,Fiber Cement,Wood Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Features
- Walk-in Closet(s),High Ceilings,Kitchen Island,Ceiling Fan(s),Furnished,Blinds/Shades,Built-in Features,Walk-In Closet(s)
Heating & Cooling
- Heating features: Electric,Heat Pump
- Cooling features: Central Air,Wall/Window Unit(s),Ceiling Fan(s)
Interior Area
- Total structure area: 5,186
- Total interior livable area: 5,186 sqft
Property
Details
- Parcel number: R08819005005000
- Zoning: T-1
- Special condition: Standard
Features
- Levels: Two
- Patio & porch: Deck,Front Porch
- Fencing: None
- Has view: Yes
- View description: Canal,ICW,Marina,Ocean,Water
- Has water view: Yes
- Water view: Canal,Marina,Ocean,Water
- Frontage type: See Remarks
- Living area range: 5000 - 5499
Lot
- Lot size: 6,273 sqft
- Lot size dimensions: 50 x 132 x 52 x 119
Parking
- Parking features: Concrete,On Site,Underhouse
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Hurricane
- Lightning
- Winter Weather
- Inland Flooding
- Ice Storm
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in New Hanover County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $14,916 | $178,992 |
| Home Insurance * | $345 | $4,140 |
| Property Taxes | $1,045 | $12,540 |
| Electricity | $483 | $5,796 |
| Total | $16,789 | $201,468 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-16 | Price change | $2,950,000 |
| 2026-05-29 | Listed for sale | $3,200,000 |
| 2023-01-19 | Listing removed | -- |
| 2022-12-22 | Listed for rent | $1,500 |
| 2021-02-28 | Listing removed | -- |
| 2020-12-10 | Price change | $1,350 |
| 2020-08-27 | Listed for rent | $1,500 |
| 2019-10-28 | Listing removed | $1,250 |
| 2019-10-24 | Listed for rent | $1,100 |
| 2018-11-15 | Listing removed | $1,000 |
| 2018-10-25 | Listed for rent | $1,000 |
| 2017-08-27 | Listing removed | $1,050 |
| 2017-08-18 | Listed for rent | $1,050 |
| 2017-07-21 | Sold | $325,000 |
| 2012-11-30 | Sold | $285,000 |
| 2012-07-27 | Listed for sale | $299,900 |
| 2012-04-01 | Listing removed | $335,900 |
| 2011-11-02 | Price change | $335,900 |
| 2011-08-03 | Price change | $349,990 |
| 2011-04-27 | Listed for sale | $369,990 |
| 2010-11-05 | Listing removed | $445,000 |
| 2010-10-08 | Listed for sale | $445,000 |
| 2010-03-12 | Listing removed | $445,000 |
| 2009-12-24 | Listed for sale | $445,000 |
For Sale by Agent
View on Zillow