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1603 Lake Park Blvd S
Carolina Beach, NC 28428
Multifamily Property For Sale
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4 Units
Investment Highlights
- Fully remodeled and furnished turn-key 4-unit quadplex
- Adjacent to the CB/KB pipeline at one of the island’s most popular surf locations (“Surf Station”)
- Not located in a flood zone, despite being approximately 27 steps from the beach
- Ocean-access property located directly at Texas Ave beach access in Carolina Beach
- Ideal for 1031 exchange, bonus depreciation via Cost Seg, or turn-key Airbnb / mid- to long-term rental investment
- Cinderblock firewall construction between units, offering potential for future condo conversion
Property Facts
| No. Units | 4 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 2,042 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1955/2025 |
| Zoning | MF - MF | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 2,042 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1955/2025 |
| Zoning | MF - MF |
Property Taxes
| Parcel Number | R09018-012-001-000 | Improvements Assessment | $257,700 |
| Land Assessment | $761,300 | Total Assessment | $1,019,000 |
Property Taxes
Parcel Number
R09018-012-001-000
Land Assessment
$761,300
Improvements Assessment
$257,700
Total Assessment
$1,019,000
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