Going Crazy -- Carolina Beach Condos Rise

Rising Prices Carolina Beach Condos

  Hey good morning everybody it's Jay with wilmington-real-estate-com.  What is the latest and the greatest with the Carolina Beach oceanfront condos for sale market? Well it's been pretty intense and that's sort of what I've been predicting the last few years and telling people buy now buy now buy now because every year you're gonna lose double-digit income in terms of appreciation besides the rental revenue. And I have a couple examples as a length that are sort of putting 2019 into perspective for Carolina Beach condos. By the way this this focus on the Carolina Beach real estate does to a certain level cover the whole region and is representative. it just happens that our market in Carolina Beach is especially investor friendly because we have high rents combined with low HOA fees usually which eke out that extra couple percent of profit for investors. So it's a special Beach. It's very busy. Some people call it the Redneck Riviera and be a negative about it but for an investor there's nothing to be negative about.  It's a winner if to have in your portfolio! Alright so recently a one-bedroom second row property here just one thousand at Sands I we'll just look at a couple photos of it standard balcony a nice direct ocean view sands does have a pool. And it is it shows well because it has wood floors and an updated kitchen so it's not even that updated. Look at these counters might be original. they put in a backsplash cabinets are newer older appliances; so it's not Pottery Barn whatsoever. But it's painting nicely crisp and clean that close for 201. That's why that's interesting is cuz those just a couple years ago would have closed for 160 on the second row. And then another example here this just closed, and it's the highest closing for a to two that I'm aware of in a long time. this is that Sun Skipper condo. Sun skipper is a nice condominium because it has pools I think it has two pools. so this is a two-bedroom two-bath oceanfront, and it just closed recently for three hundred seventy-five thousand now most of these as of late have been closing in the low three hundreds. and this is just this one is just way up there why why this extreme surge. well the price has been going up for a while. one challenge is we have this horrible lack and minute of an inventory right now I called a real estate situation and it's pretty extreme.
52 Properties
Page 1 of 3
Open 2/24
901 Lake Park Blvd S Carolina Beach,  NC 28428
$525,000
Neighborhood: Paradise Tower
2
Beds
2
Baths
847
Sq.Ft.
1986
Year Built
8
Days on Site
100427727
MLS
$478,000
Neighborhood: Sun Skipper
2
Beds
2
Baths
930
Sq.Ft.
1984
Year Built
10
Days on Site
100427162
MLS
$799,900
Neighborhood: Basin Park
3
Beds
3F11/2
Baths
2,097
Sq.Ft.
2023
Year Built
13
Days on Site
100426879
MLS
4
Beds
3F11/2
Baths
2,322
Sq.Ft.
2013
Year Built
13
Days on Site
100426912
MLS
$475,500
Neighborhood: Sand Pebbles Condominium
2
Beds
2
Baths
789
Sq.Ft.
1984
Year Built
14
Days on Site
100426726
MLS
$384,900
Neighborhood: Sea Oats
1
Beds
1F11/2
Baths
509
Sq.Ft.
1985
Year Built
16
Days on Site
100426180
MLS
$374,000
Neighborhood: Atlantic Towers Condo
1
Beds
1
Baths
607
Sq.Ft.
1984
Year Built
21
Days on Site
100425331
MLS
$399,000
Neighborhood: Tropical Winds
1
Beds
2
Baths
844
Sq.Ft.
1985
Year Built
22
Days on Site
100425064
MLS
$425,000
Neighborhood: Spinnaker Point
3
Beds
2
Baths
1,111
Sq.Ft.
1985
Year Built
23
Days on Site
100424888
MLS
Open 2/24
1601 Carolina Beach Ave N Carolina Beach,  NC 28428
$353,900
Neighborhood: Sun Skipper
1
Beds
1F11/2
Baths
515
Sq.Ft.
1983
Year Built
24
Days on Site
100424699
MLS
Open 2/24
1512 S Lake Park Blvd S Carolina Beach,  NC 28428
$949,500
Neighborhood: Wilmington Beach
6
Beds
4
Baths
2,128
Sq.Ft.
2004
Year Built
24
Days on Site
100424744
MLS
$560,000
Neighborhood: Clearview Condominums
3
Beds
2F11/2
Baths
1,316
Sq.Ft.
1997
Year Built
29
Days on Site
100423858
MLS
$359,000
Neighborhood: Breakers
1
Beds
1
Baths
638
Sq.Ft.
1982
Year Built
35
Days on Site
100422889
MLS
$990,000
Neighborhood: Carolina Surf
3
Beds
2F11/2
Baths
1,201
Sq.Ft.
1986
Year Built
35
Days on Site
100423081
MLS
$600,000
Neighborhood: Place To Sea
3
Beds
1F11/2
Baths
1,150
Sq.Ft.
2001
Year Built
42
Days on Site
100421878
MLS
$354,900
Neighborhood: Sea Colony
1
Beds
1
Baths
696
Sq.Ft.
1982
Year Built
46
Days on Site
100421183
MLS
$524,900
Neighborhood: Cabana De Mar
2
Beds
2
Baths
784
Sq.Ft.
1984
Year Built
52
Days on Site
100420203
MLS
$999,950
Neighborhood: Wilmington Beach
4
Beds
3F11/2
Baths
2,223
Sq.Ft.
2023
Year Built
53
Days on Site
100420136
MLS
$355,000
Neighborhood: Driftwood Villas
1
Beds
1
Baths
474
Sq.Ft.
1984
Year Built
57
Days on Site
100419862
MLS
$1,350,000
Neighborhood: Heart Of Carolina Beach
4
Beds
4F11/2
Baths
2,247
Sq.Ft.
2023
Year Built
57
Days on Site
100419900
MLS
$1,350,000
Neighborhood: Heart Of Carolina Beach
4
Beds
4F11/2
Baths
2,247
Sq.Ft.
2023
Year Built
57
Days on Site
100419901
MLS
$2,590,000
Neighborhood: Heart Of Carolina Beach
8
Beds
8F21/2
Baths
4,495
Sq.Ft.
2024
Year Built
64
Days on Site
100419475
MLS
$1,099,000
Neighborhood: Wilmington Beach
6
Beds
4
Baths
2,301
Sq.Ft.
2005
Year Built
76
Days on Site
100417388
MLS
Open 2/24
901 Lake Park Blvd S Carolina Beach,  NC 28428
$550,000
Neighborhood: Paradise Tower
2
Beds
2
Baths
847
Sq.Ft.
1986
Year Built
78
Days on Site
100417621
MLS

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