Back 1003 South 5th Street
Off Market

1003 South 5th Street

Carolina Beach NC 28428

7
6
3249 sq. ft.
10454 sq. ft.
Duplex
Last sold for $1,075,000
The Domenico Grillo Real Estate TeamThe Domenico Grillo Real Estate Team, last sold this property on 22 August 2025 after -212 days on market.

Overview

Opportunity knocks with this updated triplex perfectly situated just blocks from the beach, boardwalk, and Carolina Beach Elementary! Sitting on an oversized 1.5-lot parcel, this versatile home offers serious investment potential—ideal for house hacking, short- or long-term rentals, or even owner occupancy. Unit C (ground floor) is impressively spacious, featuring 3 bedrooms plus a bonus room (currently used as a 4th bedroom), 3 full bathrooms, a sunroom, large living and dining areas, walk-in closets, laundry room, and a roomy kitchen. Upstairs, Unit B boasts 2 bedrooms and 2 full bathrooms, a newly renovated kitchen with updated appliances, fresh flooring, and a private laundry area. Unit A offers 1 bedroom, 1 full bath, a large living room, and a generously sized kitchen—fully renovated in 2020. Each unit has access to inviting porches, a large fenced backyard, and ample off-street parking. A new roof with a 10-year warranty was installed in 2020, and there's still plenty of room to grow—add a pool, additional dwelling unit, or even a pickleball court thanks to the oversized lot. Currently operating as professionally managed Airbnb rentals, this property delivers strong cash flow and offers cost segregation tax benefits for savvy investors. Live in one unit and rent the others, or continue operating as a high-performing STR. Preferred lender credits available for qualified buyers. Reach out for more details! Total of 7 bedrooms, 6 bathrooms with over 3,250 sqft. Property comes fully furnished.

Features

7 bedrooms
6 bathrooms
3249 sq. ft. floor area
10454 sq. ft. lot size
Duplex

Estimated Value

We need at least 3 similar 7 bedroom duplexes sold in Carolina Beach over the last 12 months.

Property history for 1003 South 5th Street

2025
Sold
$1,075,000
22 Aug 2025 by The Domenico Grillo Real Estate Team, of Keller Williams Realty
2021
Sold
$650,000
13 Oct 2021 by Allison Donovan, of Cottage Real Estate

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