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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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710 Canal Dr , Carolina Beach, NC 28428
$614,900
Est. Payment: $1,366.44/mo
4 Bed
2 Bath
1900 Sqft
Status: Active | Days on site: 43
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579502944 - 579506414
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House Description

''The Enchanted Mermaid'' - Turn-Key Beachside Duplex Just Steps from the Beach & Marina! Welcome to The Enchanted Mermaid, an exceptional, fully furnished coastal duplex that perfectly combines beachside living, modern updates, and outstanding income-producing potential. Ideally situated just steps from the beach and marina, this beautifully maintained property offers breathtaking canal views, an impressive and established vacation rental history, and endless opportunities - whether you're searching for an investment property, vacation home, second home, or full-time coastal residence. This rare duplex features two spacious, turn-key 2-bedroom units, each thoughtfully decorated with bright coastal-inspired furnishings and designed for comfort, convenience, and unforgettable beach vacations. The upper unit offers 1 full bath, while the lower unit offers 1.5 baths. Both units include fully equipped kitchens, private outdoor living spaces, and their own washers and dryers, and both are being sold fully furnished - allowing the next owner to begin enjoying the property or generating rental income immediately. The upper unit (2 bed / 1 bath) welcomes guests with a marina-facing sunroom, an outdoor deck with some ocean views, inviting living spaces, and charming beach decor that captures the relaxed coastal lifestyle. The lower unit (2 bed / 1.5 baths) has operated successfully as a full-time vacation rental since the owners relocated last spring, and is offered fully furnished and rental-ready. It features an updated kitchen with stylish cabinetry, a gas range, refreshed bathrooms, a screened-in front deck, and a covered outside deck - perfect for morning coffee, evening cocktails, or relaxing after a day in the sun. Whether your goal is to maximize rental income by continuing to lease both units, live in one while renting the other, accommodate extended family and guests, or enjoy the entire property as your own private beach retreat, this versatile duplex offers the flexibility today's buyers are looking for. The oversized 50' x 125' lot provides generous outdoor living space with a vinyl-fenced backyard ideal for entertaining, grilling, yard games, or pets. A detached storage building offers ample room for beach equipment, fishing gear, bicycles, and paddleboards - and could easily serve as a fun summer bunkhouse or hobby space. Significant improvements have already been made, giving buyers confidence and peace of mind. Recent updates include a new HVAC system, along with extensive 2023 improvements featuring a French drain, crawl space encapsulation, and dual sump pumps with battery backup to enhance the property's long-term durability and functionality. Location is everything, and The Enchanted Mermaid delivers. Spend your mornings walking to the beach to watch the sunrise, launch your boat from the nearby marina, enjoy fishing, paddleboarding, or kayaking, or simply embrace the laid-back coastal lifestyle. Restaurants, shopping, local entertainment, and area attractions are all just minutes away - making this property especially desirable for vacation guests and owners alike. With proven rental performance, strong income potential, beautiful canal views, modern upgrades, true turn-key convenience, and an unbeatable location near the beach and marina, The Enchanted Mermaid stands out as one of the area's most desirable coastal investment opportunities. Whether you're expanding your real estate portfolio, searching for a profitable short-term rental, looking for a family vacation getaway, or fulfilling your dream of owning a beach home with built-in income, this extraordinary duplex checks every box. Opportunities like this are rare - schedule your private showing today and discover why The Enchanted Mermaid continues to delight guests and create unforgettable coastal memories while offering exceptional investment potential.

Highlights

Listed by Carol M Ellington , 910-368-7327 Salt Water Real Estate LLC , 910-707-1775.

Property Type

Multi-Family

Lot/Acreage
0.14

Year Built

1954

County

New Hanover

Neighborhood

Other

Listing ID

100593303

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:
Appliances:Gas Oven, Gas Cooktop, Electric Oven, Washer, Refrigerator, Dryer, Dishwasher, Sump Pump
Air Cond:Central Air,Wall/Window Unit(s)
Fireplaces:
Floor:Laminate,Vinyl
Other:
  • Additional:Wash/Dry Connect, Ceiling Fan(s), Furnished, Walk-in Shower, Blinds/Shades
Water:Public

Exterior Features

Lot:Third Row,Fencing: Full,Fencing: Back Yard,Fencing: Vinyl
Lot Dimensions:50 X 125
Garage Capacity:0
Zoning:R-1
Roof:Membrane,Shingle
Others:
  • Additional:Mail on Site, Trash on Site
Parking Features:Shared Driveway,Gravel,Assigned,Unpaved,On Site
Principal Interest
$1,366
Taxes
$392

Home Price

$614,900

Loan Details

30 yrs
%

Down Payment

20%
$122,980
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Monthly Price:
$1,366.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,366.44 $392.00 $0.00 $1,758.44
Yearly $16,397.33 $4,703.99 $0.00 $21,101.32
Total $491,920.00 $141,119.55 $0.00 $633,039.55

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Carolina Beach, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.