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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1008 Canal Drive Apt 2a , Carolina Beach, NC 28428
$418,000
Est. Payment: $928.89/mo
2 Bed
2 Bath
892 Sqft
Status: Active | Days on site: 100
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579500203 - 579511818,579504875
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House Description

EXCEPTIONAL RENTAL HISTORY + POOL + AWESOME WATER VIEWS! You won't find a better option at a better price for a turnkey investment or vacation home in Carolina Beach. This beautifully updated, fully furnished water view condominium checks all the boxes! You'll enjoy unobstructed views of Myrtle Grove Sound and the Yacht Basin from your large covered deck--the ideal spot to unwind and watch the dolphins play, the sun set and the boats cruise by. You'll also appreciate the large community pool--a great place to hang out with friends and family. Inside, you'll love all the thoughtful updates to the flooring, kitchen and baths and the tasteful beach vibe of the decor. The large primary suite features a private balcony. Just a block from the ocean and public beach access, this property is the perfect gateway to enjoy the laid-back charm of Carolina Beach with its vibrant boardwalk and marina, local restaurants, live music, festivals and markets --and of course fun in the sun and on the water! The building offers covered and overflow parking with driveways to access both Carolina Beach Avenue and Canal Drive. Secure ground floor storage provides convenient access to all that beach gear you'll be collecting. This property generated $34K in vacation rental income in 2025 and has delivered $28,000 through July of this year, making it a smart coastal investment. The well-maintained 6-unit building offers peace of mind with HOA covering water, sewer, trash, wind/hail, flood and master insurance plus pest control, and exterior and grounds maintenance. The summer rental season is here, so don't miss the opportunity to see this home before it's gone!

Highlights

Listed by Jaci H Ponzoni , 910-707-3955 and Justin Donaton , 910-352-0998 Coldwell Banker Sea Coast Advantage-CB , 910-458-4401.

Property Type

Condo/Townhome

HOA Fee

5451 Annually

Year Built

1985

County

New Hanover

Neighborhood

The Tides

School District

New Hanover

Listing ID

100573441

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Washer, Refrigerator, Range, Dryer, Dishwasher
Air Cond:Heat Pump
Fireplaces:
Floor:LVT/LVP,Carpet
Other:
  • Additional:Solid Surface
Water:Public

Exterior Features

Lot:Sound Side,Fencing: None
Garage Capacity:0
Zoning:R-1
Roof:Shingle
Others:
  • Additional:End Unit
Parking Features:Parking Lot,Covered,On Site
Principal Interest
$929
Taxes
$266
HOA
$5,451

Home Price

$418,000

Loan Details

30 yrs
%

Down Payment

20%
$83,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$928.89

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $928.89 $266.48 $5,451.00 $6,646.36
Yearly $11,146.67 $3,197.70 $65,412.00 $79,756.37
Total $334,400.00 $95,931.00 $1,962,360.00 $2,392,691.00

Today's Rates

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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.