1206 Canal Drive, Unit A&B

Carolina Beach, NC 28428

$1,895,000
Price
8
Beds
7
Baths
5,000 Sq. Ft.
$379 / Sq. Ft.
5,000
Sq. Ft.
$379
per Sq. Ft.

Virtual Tour

Virtual Tour

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Front 1206 Canal Dr
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Floor 1
Floor Plan 2 & 3

Description

Investor alert! Check out this MASSIVE income-producing property in Carolina Beach. This exquisite ocean and harbor view property is ideally located just steps away from beach access, offering stunning views of both the canal and the beautiful Atlantic Ocean from its decks on every level. This three-story, multi-family house features 8 bedrooms and 7 bathrooms, boasting over 5,000 sq. ft. of space. The oversized bedrooms, 2 stunning kitchens, and huge open-plan living and dining areas make it perfect...Investor alert! Check out this MASSIVE income-producing property in Carolina Beach. This exquisite ocean and harbor view property is ideally located just steps away from beach access, offering stunning views of both the canal and the beautiful Atlantic Ocean from its decks on every level. This three-story, multi-family house features 8 bedrooms and 7 bathrooms, boasting over 5,000 sq. ft. of space. The oversized bedrooms, 2 stunning kitchens, and huge open-plan living and dining areas make it perfect for large family gatherings. Outside, you'll find a saltwater heated pool, landscaped patio area with a hot tub and pergola, and a large parking area accommodating 10 cars. Two garages provide ample storage for all your beach toys and golf carts. This turn-key rental investment opportunity comes with proven revenue. Recently updated with a new elevator, flooring, paint, and resurfaced pool. The property also offers two BONUS level rooftop decks with unparalleled panoramic views across the island, ocean, harbor, and beyond. Enjoy breathtaking sunrises and sunsets! The elevator services the top two floors, while the lowest floor is accessible by stairs, allowing for flexible use as either two separate units or a single home to accommodate large groups. Carolina Beach offers a stunning boardwalk, restaurants, shops, and many attractions nearby, ensuring continued equity growth for any investor looking for profits. Ask for income numbers and potential! A boat slip is available for lease directly across the street. Don't miss out on this exceptional investment opportunity!
  1. Listed by Chris J Santucci • Coldwell Banker Sea Coast Advantage-CB
  2. Listed by Keller & Santucci Real Estate Team • Coldwell Banker Sea Coast Advantage-CB

Property Details for 1206 Canal Drive, Unit A&B

Parking Features
Covered, Concrete, On Site
View
Canal, Ocean, Sound View
Subdivision Name
Not In Subdivision
Zoning
R-1
Parking Total
2.00
Waterfront
No
LISTING UPDATED: 12/16/2024 03:02 PM

Property Details for 1206 Canal Drive, Unit A&B

StatusActive
MLS #100480206
Days on Market4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Duplex
Year Built2006
Lot Size0.14 AC / 6,098 SF
CountyNew Hanover County

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Building Information for 1206 Canal Drive, Unit A&B

Stories3Residences-Year Built2006Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 1206 Canal Drive, Unit A&B

Summary
Location and General Information
  • City: Carolina Beach
  • State Or Province: NC
  • Postal Code: 28428
  • County Or Parish: New Hanover
  • Directions: Snows Cut Bridge on to Lake Park Blvd, left on to Carl Winner Ave, left on to Canal Dr. Home is on the right.
  • Latitude: 34.05
  • Longitude: -77.89
  • Number Of Units In Community: 2
  • City Limits: Yes
  • Secondary Subdivision: N/A
  • Property Exterior Interior Info: Waterfront: No
  • Building Info: Waterview: Yes
  • Property Exterior Interior Info: Location Type: Island
  • Legal and Taxes: Zoning Details: R-1
Taxes and HOA
  • Tax Other Assessment Amount Frequency: None
  • Association Fee: $.00
  • Tax Legal Description: Lt 14 Blk 22 Carolina Beach
  • Tax Book Number: N/A
  • Tax Map Number: R08811-008-005-000
  • Tax Year: 2024
  • Tax Assessed Value: $848,000.00
  • Parcel Number: R08811008005000
  • Tax Block: N/A
  • Association: No
  • Legal and Taxes: HOA: No
  • Legal and Taxes: Cobra Zone: No
  • Legal and Taxes: Deed Book: 6082
  • Legal and Taxes: Deed Page: 1873.0
  • Legal and Taxes: Legal: Lt 14 Blk 22 Carolina Beach
  • Legal and Taxes: PID: R08811-008-005-000
  • Legal and Taxes: Plat Book: N/A
  • Legal and Taxes: Plat Page: N/A
  • Legal and Taxes: Tax Assessed Value: $848,000.00
  • Legal and Taxes: Tax Year: 2024
Parking
  • Carport Spaces: .00
  • Attached Garage: No
  • Attached Garage Spaces: 2.00
  • Detached Garage Spaces: .00
  • Total Carport Spaces: .00
  • Parking Driveway: On Site: Yes
School Information
  • Middle Or Junior School: Murray
  • High School: Ashley
  • Elementary School: Carolina Beach
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Property
Lot Information
  • Lot Size Units: Acres
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Dimensions: 50 X 125
  • Building Area Total: 5000.0
  • Lot Size Square Feet: 6098.0
  • Property Exterior Interior Info: Lot Dimensions: 50 X 125
  • Property Exterior Interior Info: Lot Acres: 0.14
  • Property Exterior Interior Info: Lot Sq Ft: 6098.0
  • Side Unit 1: Avg Sq Ft: 1883.0
  • Side Unit 2: Avg Sq Ft: 2884.0
  • Lot Water Features: Canal View: Yes
  • Lot Water Features: Ocean View: Yes
Property and Assessments
  • Structure Type: Wood Frame
  • New Construction: No
  • Year Built: 2006
  • Legal and Taxes: Federal Flood Insurance Available: Yes
  • Legal and Taxes: Special Assessments: None
  • Construction: Wood Frame: Yes
  • Foundation: Pilings: Yes
Utilities
  • Sewer: Municipal Sewer
  • Water Source: Municipal Water
  • Utilities: Municipal Sewer: Yes
  • Utilities: Municipal Water: Yes
Interior and Exterior Features
Exterior Features
  • Stories: 3
  • Construction Materials: Vinyl Siding
  • Roof: Metal
  • Fencing: Back Yard
  • Exterior Features: Balcony
  • Patio And Porch Features: Covered, Deck, Patio
  • Window Features: Blinds
  • Amenities: Covered: Yes
  • Exterior Finish: Vinyl Siding: Yes
  • Fuel Tank: Propane Above Ground: Yes
  • Fuel Tank Ownership: Owned: Yes
  • Porch Balcony Deck: Balcony: Yes
  • Porch Balcony Deck: Covered: Yes
  • Porch Balcony Deck: Deck: Yes
  • Porch Balcony Deck: Patio: Yes
  • Pool Spa: In Ground: Yes
  • Roof: Metal: Yes
  • HOA and Neigh Amenities: Hot Tub: Yes
  • Foundation Details: Other
Interior Features
  • Levels: Three Or More
  • Flooring: LVT/LVP, Carpet, Tile, Wood
  • Interior Features: Kitchen Island, Elevator, 2nd Kitchen, Ceiling Fan(s), Walk-in Shower, Wet Bar
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Appliances: Washer, Wall Oven, Refrigerator, Microwave - Built-In, Dryer, Double Oven, Dishwasher, Cooktop - Electric
  • Bathrooms Total Integer: 7
  • Bathrooms Total Decimal: 7.00
  • Bathrooms Total Notational: 7.00
  • Cooling: Yes
  • Heating: Yes
  • Bedrooms Total: 8
  • # Baths - Total: 7.00
  • Flooring: Carpet: Yes
  • Flooring: L V T L V P: Yes
  • Flooring: Tile: Yes
  • Flooring: Wood: Yes
  • Cooling System: Central: Yes
  • Heating System: Electric: Yes
  • Appliances Equip: Cooktop - Electric: Yes
  • Appliances Equip: Dishwasher: Yes
  • Appliances Equip: Double Oven: Yes
  • Appliances Equip: Dryer: Yes
  • Appliances Equip: Refrigerator: Yes
  • Appliances Equip: Microwave - Built-In: Yes
  • Appliances Equip: Washer: Yes
  • Interior Features: 2nd Kitchen: Yes
  • Interior Features: Blinds Shades: Yes
  • Interior Features: Elevator: Yes
  • Rooms: Other: Yes
Mobile Home
Mobile/Manufactured Home
  • Park Manager Name: No
Multi Family
Multi-Family Information
  • Income Property: Yes
  • # Total Units: 2.00
Unit 1
  • Total Rooms: 5
  • # of Bedrooms: 3
  • Full Baths: 3
  • Half Baths: 0
  • Furnished: No
  • Rent: $.00
  • Cooling: Central2: Yes
Unit 2
  • Total Rooms: 7
  • # of Bedrooms: 5
  • Full Baths: 4
  • Half Baths: 0
  • Furnished: No
  • Rent: $.00
  • Occupied: Yes
  • Cooling: Central: Yes
  • Heating: Heat Pump: Yes
Unit 3
  • Occupied: Yes
  • Heating: Heat Pump: Yes
Rental
Rental Information
  • Property Exterior Interior Info: Pets: No

Property History for 1206 Canal Drive, Unit A&B

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1206 Canal Drive, Unit A&B

This home is within New Hanover County School District.
Rating
School
Type
Grades
Distance
Carolina Beach Elementary
Public - K to 5
Charles P Murray Middle
Public - 6 to 8
Eugene Ashley High
Public - 9 to 12
Dr John Codington Elementary
Public - K to 5
Rating
School
Distance
Carolina Beach Elementary
PublicK to 5

Charles P Murray Middle
Public6 to 8

Eugene Ashley High
Public9 to 12

Dr John Codington Elementary
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1206 Canal Drive, Unit A&B, Carolina Beach, NC 28428

1206 Canal Drive, Unit A&B is a multi-family home for sale in Carolina Beach, NC 28428. This property was listed for sale on December 14, 2024 by Coldwell Banker Sea Coast Advantage-CB, it's currently listed at $1,895,000. It has been on the market for a total of 4 days and was last sold on November 20, 2015. This listing's school district is New Hanover County School District. Nearby schools include Carolina Beach Elementary, Charles P Murray Middle and Eugene Ashley High. 1206 Canal Drive, Unit A&B is a 8-bed, 7-bath, 5,000 sqft multi-family home built in 2006.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Sea Coast Advantage-CB

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 12/16/2024 03:02 PM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 Hive MLS