Breakers Condo in Carolina Beach 1801 Canal Dr

Breakers Condo is on the northern tip of Pleasure Island aka Carolina Beach It boasts huge ICW and marsh views.  The Breakers condos used to be going for 140,000 for a one bedroom back in 2016 and now are $330,000.  The 1st floor units have garages--a unique find in Carolina Beach! It has exceptional ocean views as well as sound or ICW views on the side and backend.  Very unique condo with selling points. The pool was redone in 2016ish and is excellent.  One of the condominium's best features is that it adjoins Freeman Park in Carolina Beach.  That is a section of beach on the north end where one can get a parking pass for your 4 wheel drive car and park on the beach, put up your flags and tailgate.  I hear it is similar to Daytona Beach.  You can see a list of most of the Carolina Beach condos here.

   

Updated 2019 Rental income for Breakers Condo Carolina Beach

Recently I came across a unit for sale for $225,000 and saw proof that the owner--very Savvy with VRBO Etc -- had a gross revenue of $37,000 for her one bedroom unit on the top floor. This is amazing because typically 2-bedroom 2-bath Oceanfront units in Carolina Beach will gross $35,000. So it's a good example of how individual owner who knows how to work the system can gross a lot more by ranking high within VRBO, Airbnb, Etc. Typically a property manager would gross perhaps $20,000 for one of these units at the breakers condo, but an individual owner knows what they're doing can get into the mid-30s.

Breakers Condo April 24, 2024
10
Listed
53
Avg. DOM
$575.32
Avg. $ / Sq.Ft.
$362,000
Med. List Price
10 Properties
$364,000
Neighborhood: Breakers
1
Beds
1
Baths
658
Sq.Ft.
1982
Year Built
10
Days on Site
100409275
MLS
Pending
1801 Canal Dr Carolina Beach,  NC 28428
$349,900
Neighborhood: Breakers
1
Beds
1
Baths
619
Sq.Ft.
1982
Year Built
19
Days on Site
100437321
MLS
Pending
1801 Canal Dr Carolina Beach,  NC 28428
$335,000
Neighborhood: Breakers
1
Beds
1
Baths
610
Sq.Ft.
1982
Year Built
46
Days on Site
100432010
MLS
$345,000
Neighborhood: Breakers
1
Beds
1
Baths
638
Sq.Ft.
1982
Year Built
97
Days on Site
100422889
MLS
Sold
1801 Canal Dr Carolina Beach,  NC 28428
$335,000
Neighborhood: Breakers
1
Beds
1
Baths
658
Sq.Ft.
1982
Year Built
12/1/23
Sold On
100397094
MLS
Sold
1801 Canal Dr Carolina Beach,  NC 28428
$405,000
Neighborhood: Breakers
1
Beds
1
Baths
640
Sq.Ft.
1982
Year Built
9/11/23
Sold On
100394859
MLS
Sold
1801 Canal Dr Carolina Beach,  NC 28428
$390,000
Neighborhood: Breakers
1
Beds
1
Baths
658
Sq.Ft.
1982
Year Built
6/13/23
Sold On
100380383
MLS
Sold
1801 Canal Dr Carolina Beach,  NC 28428
$372,500
Neighborhood: Breakers
1
Beds
1
Baths
603
Sq.Ft.
1982
Year Built
6/1/23
Sold On
100381289
MLS
Sold
1801 Canal Dr Carolina Beach,  NC 28428
$389,900
Neighborhood: Breakers
1
Beds
1
Baths
619
Sq.Ft.
1982
Year Built
5/30/23
Sold On
100379830
MLS
Sold
1801 Canal Dr Carolina Beach,  NC 28428
$360,000
Neighborhood: Breakers
1
Beds
1
Baths
640
Sq.Ft.
1982
Year Built
5/25/23
Sold On
100378255
MLS