1003 Fifth Street S, Carolina Beach, NC 28428
Local realty services provided by:ERA Strother Real Estate



1003 Fifth Street S,Carolina Beach, NC 28428
$1,079,000
- 7 Beds
- 6 Baths
- 3,249 sq. ft.
- Multi-family
- Pending
Listed by:the domenico grillo real estate team
Office:keller williams innovate-wilmington
MLS#:100516461
Source:NC_CCAR
Price summary
- Price:$1,079,000
- Price per sq. ft.:$332.1
About this home
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.
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Home facts
- Year built:1953
- Listing Id #:100516461
- Added:45 day(s) ago
- Updated:July 30, 2025 at 07:40 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:6
- Full bathrooms:6
- Living area:3,249 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Heat Pump, Heating
Structure and exterior
- Roof:Shingle
- Year built:1953
- Building area:3,249 sq. ft.
- Lot area:0.24 Acres
Schools
- High school:Ashley
- Middle school:Murray
- Elementary school:Carolina Beach
Finances and disclosures
- Price:$1,079,000
- Price per sq. ft.:$332.1
- Tax amount:$2,388 (2024)
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