Property Description

The Harris Group is excited to present this fully remodeled and furnished turn-key 4-Unit Ocean-Access Quadplex located on the Texas Ave beach access in Carolina Beach.

Located adjacent to the CB/KB pipeline, ”Surf Station” is built on one of the most popular beach access surfing locations on the island.

This opportunity is perfect for a 1031 exchange, investor looking to capture Bonus Depreciation via Cost Seg study, or anyone looking for a fully functioning turn-key AirBNB or Mid/Long term rental multifamily property.

No HOA, Not in a flood zone despite being just 27 steps from the beach, potential value-add opportunity in that zoning permits ability to build UP, and property is constructed with cinderblock firewall between units which could potentially allow for units to be broken into individually condos. Currently lined for 8 parking spots, has room for 9 spaces.

Built in 1955, this former longterm/midterm multifamily rental had never flooded prior to the No Name storm of September 24, but did get water intrusion during that historic storm, and has been fully renovated with new subfloor, LVP, trim, drywall and paint, kitchens, bathrooms, vanities, water heater. In addition, owners also completed new roof, facia, soffit, furniture and staging, AC enclosures, back deck and walkways to beach, and is currently turnkey and ready to rent.

Features
: Electric, Other
: Other
: None
: Partial
: None
: Deck
: Paved, On Site, Shared Driveway, Lighted
: Storm Doors
: LVT/LVP
: Ceiling Fan(s), Furnished, Wash/Dry Connect, Blinds/Shades
: Laundry Closet, Washer Hookup, Dryer Hookup
: Electricity Connected, Water Connected
Appliances
: Dishwasher, Refrigerator, Electric Cooktop, Built-In Microwave, Vented Exhaust Fan, Built-In Electric Oven
Address Map
US
NC
New Hanover
Carolina Beach
28428
Lake Park
1603
Boulevard
W78° 6' 1.1''
N34° 0' 55''
421 S (Carolina Beach Rd) to Carolina Beach. Drive through downtown Carolina Beach and the property will be located on the left side of the street directly on the Texas ave beach access.
S
MF
Neighborhood
Carolina Beach
Ashley
Murray
MLS Addon
Nest Realty
Abby D Harris
Yes
Yes
$0
Additional Information
: None
None
2042
: Stucco, Concrete, Fiber Cement
: Crawl Space
: One
: Corner Lot, Ocean Side
100x50100x50
4
2025-10-07
1495000
1
: Public
Listing Information
Clinton Harris
570011103
579503002
Nest Realty
579512141
579503002
Cash,Conventional
Active
2026-03-02T00:34:44Z
HiveMLS
: Standard
2025-10-07T15:09:55Z

1603 Lake Park

1603 Lake Park Boulevard S, Carolina Beach, North Carolina 28428

4 Bedrooms
4 Bathrooms
0.12 Acre
$1,375,000
Listing ID #100534749
Basic Details
Property Type : Residential Income
Listing Type : For Sale
MLS ID : b766e639957fbcedd5e4d84c2c35dd34
Listing ID : 100534749
Price : $1,375,000
View : Ocean
Bedrooms : 4
Bathrooms : 4
Lot Area : 0.12 Acre
Year Built : 1955
Status : Active
Property Sub Type : Quadruplex
Roof : Architectural Shingle
Agent info
Contact Agent