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710 Canal Drive

Carolina Beach, NC 28428

$649,900 $2,740/Mo

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Overview

Bed

Bath

0.14

Acre(Lot)

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 vacation s. 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.

Property Details

Property Type : Residential Income

Price : $649,900

AD Id : 89014714

MLS Id : 100593303

Beds : 4

Lot Size : 0.14 Acre

Year Built : 1954

County : New Hanover

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Features

Bedroom Information

Total beds: 4

Bathroom Information

Total Baths: 2

Room Information

Basement: None, Sump Pump, Crawl Space
Flooring Information

Laminate, Vinyl
Roofing Information

Membrane, Shingle
Interior Features

Ceiling Fan(s) Roof: Membrane, Shingle Appliances: Gas Oven, Gas Cooktop, Electric Oven, Washer, Refrigerator, Dryer, Dishwasher, Electric Water Heater Laundry Features: Washer Hookup Window Features: Window Coverings
Heating & Cooling

Has Heating: Yes Heating: Electric, Forced Air Has Cooling: Yes Cooling: Central Air, Wall/Window Unit(s)

Building Information

Year Built: 1954 Building Area Total: 1900 Construction Materials: Block, Wood Siding, Frame Patio And Porch Features: Deck, Enclosed, Porch Pool Features: None Private Pool: No View: Canal, Water

Lot Information

Lot Dimensions: 50 X 125 Main Square Feet: 0.14 Acres Lot Size Acres: 0.14 Lot Size Square Feet: 6273

Property Information

Subdivision: Other Source Property Type: Residential Income Property SubType: Duplex Levels: Two Property Age: 72

Listing Price Information

Listing Price: $649900 Cash, Conventional

Tax Information

Parcel Number: R08815-011-005-000 Tax Block: 67 Tax Year: 2025 Annual Tax: $3030.93

Parking Information

Shared Driveway, Gravel, Assigned, Unpaved, On Site

School Information

Elementary School: Carolina Beach

Junior High School: Murray

Senior High School: Ashley
Utility Information

Cable Available, Sewer Available, Water Available
Location Information

Direction: Take Lake Park Blvd N then turn left on Winner Ave, make a left on Canal Drive, the home will be on your right. WaterSource: Public Security Features: Smoke Detector(s), Security Lights

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft
1112 Carolina Beach Ave.., Carolina Beach, NC, 28428	$1,295,000	5	4	--
1603 Lake Park Boulevard, Carolina Beach, NC, 28428	$1,375,000	4	4	--
902 Fifth Street, Carolina Beach, NC, 28428	$775,000	6	4	--
1516 Pinfish Lane, Carolina Beach, NC, 28428	$1,095,000	4	5	--

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