616 Carolina Beach Ave S, Carolina Beach, NC 28428

Property Description

Great investment opportunity in the heart of Carolina Beach! This unique Hotel/Motel property sits on two separately addressed lots on the second row from the ocean, with beautiful Carolina Lake and the park across the street. The property has been successfully operated as a short-term vacation rental/Airbnb since 1999. The current configuration includes four efficiency units, while the owner occupies approximately half of the property. The owner-occupied portion offers an excellent opportunity for renovation and reconfiguration, with the potential to expand the property to six or seven short-term rental units, creating significant value-add and income-producing potential. Guests and owners will enjoy the spacious deck, ideal for relaxing and entertaining while taking in the coastal breeze. The property is just steps from beach access & Carolina Lake Park, and conveniently located near restaurants, shopping, Carolina Beach Boardwalk, and local entertainment. Recent improvements include a new roof installed in 2025 and most exterior siding replaced with Hardie fiber cement siding in 2019, providing added durability and reduced maintenance.