2 N Carolina Ave

Carolina Beach NC 28428

840 sq. ft.

4792 sq. ft.

Single-Family

Currently for sale - view listing

Overview

An exceptional opportunity to generate rental income today while maximizing redevelopment potential tomorrow! Located just steps from the Atlantic Ocean, this oceanfront Carolina Beach property offers an ideal combination of proven rental income, an outstanding location, and future development possibilities.The property boasts a proven track record as a successful vacation rental, consistently generating strong rental income with the rental history available upon request. Situated on a 5,000-square-foot parcel zoned Multi-Family Residential (MF), the property allows for two residential units by right, offering exciting redevelopment possibilities. Buyers can continue generating rental income from the existing beach cottage while exploring future development options or simply hold this desirable coastal property as an investment. Ideally located near the popular Ocean Grill & Tiki Bar, beach access, restaurants, shopping, and entertainment, this property puts the best of Carolina Beach within easy reach. Generate income today, build for tomorrow, and take advantage of this unique coastal investment opportunity!