514 W St George Street, Southport, NC 28461

Local realty services provided by:ERA Strother Real Estate
514 W St George Street,Southport, NC 28461
$1,500,000
  • 8 Beds
  • 8 Baths
  • 4,692 sq. ft.
  • Multi-family
  • Active
Listed by: zack bryant
Office: berkshire hathaway homeservices carolina premier properties
MLS#:100552466
Source:NC_CCAR

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$319.69

About this home

One-of-a-kind Southport investment opportunity. Built in 2021, this unique 4-unit property features four well-appointed 2BR/2BA residences backing to a tranquil pond, delivering both privacy and strong curb appeal. The property currently generates $11,500/month in rental income and is grandfathered for short-term rentals—an exceptionally rare advantage in Southport. Perfectly positioned walkable to everything, just a couple blocks from the Southport Yacht Basin and Safe Haven House, offering unmatched appeal for both long-term tenants and short-term guests. Adding to the upside is a separate 5th cottage unit (available as well), currently rented for $2,000/month, creating additional income and flexibility. Modern construction, prime walkability, STR grandfathering, and water views combine to make this a truly irreplaceable asset—ideal for investors seeking stable cash flow with significant upside in one of the most desirable coastal towns in North Carolina.

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Home facts

  • Year built:2019
  • Listing ID #:100552466
  • Added:1 day(s) ago
  • Updated:February 02, 2026 at 09:48 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Full bathrooms:8
  • Living area:4,692 sq. ft.

Heating and cooling

  • Cooling:Central Air, Heat Pump
  • Heating:Electric, Forced Air, Heat Pump, Heating

Structure and exterior

  • Roof:Shingle
  • Year built:2019
  • Building area:4,692 sq. ft.
  • Lot area:0.28 Acres

Schools

  • High school:South Brunswick
  • Middle school:South Brunswick
  • Elementary school:Southport

Utilities

  • Water:Water Connected
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$319.69
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