For sale

$2,200,000

109 Sumter Avenue, Carolina Beach, NC 28428

--beds

0baths

--sqft

$12,996/mo

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Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

A rare opportunity for redevelopment at sought-after Carolina Beach! Highest and Best use for this location is residential development. Current zoning of NB (Neighborhood Business) allows for residential - single family. The property consists of three individual 50' x 150' parcels (total acreage of .517). Additionally, the premium site is adjacent to views of Carolina Beach Lake and a short walk to the beachfront. The existing business is relocating and is not for sale. Showing appointments must be scheduled after normal business hours.

234 days

123

1

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Property

Features

Has view: Yes
View description: Lake
Has water view: Yes
Water view: Lake
Waterfront features: None

Lot

Size: 0.51 Acres
Dimensions: 150 x 150
Features: Corner Lot
Topography: Cleared/Partial

Details

Additional structures: See Remarks
Parcel number: R09010028001000
Zoning: NB
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Sewer Connected

Community & HOA

Community

Subdivision: Not In Subdivision

HOA

Has HOA: No

Location

Region: Carolina Beach

Financial & listing details

Tax assessed value: $547,400
Annual tax amount: $2,450
Date on market: 12/12/2025
Cumulative days on market: 234 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$2,088/mo

Price history

Date	Event	Price
12/12/2025	Listed for sale	$2,200,000
Source: Hive MLS #100545100 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,451 +41.7%	$547,400 +116.8%
2024	$1,730 +3%	$252,500
2023	$1,679 -0.7%	$252,500
2022	$1,692 -2.9%	$252,500
2021	$1,742 +72.4%	$252,500 +99.9%
2020	$1,010	$126,300
2019	$1,010	$126,300
2018	--	$126,300
2017	$985 +18.9%	$126,300 +30.7%
2016	$829 +6.1%	$96,600
2015	$781 +2.5%	$96,600
2014	$762	$96,600
2008	--	--
2007	--	--
2005	--	$112,761
2004	--	$112,761
2003	--	$112,761
2000	--	$112,761

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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