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Courtesy of Berkshire Hathaway HomeServices Carolina Premier Properties
For Sale

510 W St George Street

510 W St George Street, Southport, NC 28461

$1,699,900
Grandfathered short-term rental rights in downtown Southport -- the one thing investors can't buy anymore, and this five-unit has it. Four bright 2BR/2BA units built in 2019 plus a private cottage, set on a quarter-acre pond-front lot three blocks from the shops, restaurants, and waterfront of one of North Carolina's most beloved coastal towns.

The opportunity pencils two ways: projected at $150,000 gross on all annual leases, or blend in short-term rentals on two units and the pro forma reaches $181,250 gross -- roughly a 7.2% projected cap at asking.

Newer construction keeps maintenance light, tenants pay their own utilities, and Oak Island's beaches are minutes away. A walkable, water-view income property with a licensing moat around it -- the kind of Southport offering that comes along once a cycle.

Pro forma projections available; buyers to verify all figures and rental permissions. Offered at $1,699,900.

10
beds

9
baths

5,268 Sq.Ft. LIVING AREA

0.25 Acres lot

Features & Amenities

Interior

  • total bedrooms10
  • Total bathrooms9
  • Laundry room Dryer Hookup, Washer Hookup
  • Flooring LVT/LVP
  • APPLIANCES Electric Oven, Electric Cooktop, Refrigerator
  • other interior Features Kitchen Island

Area & Lot

  • Status For Sale
  • Living Area5,268 Sq.Ft.
  • Total Area5,268 Sq.Ft.
  • Lot Area0.25 Acres
  • MLS® ID100590676
  • TypeMulti-Family
  • YEAR BUILT2019
  • NeighborhoodSouthport
  • Water FrontageNone
  • View DescriptionPond
  • Elementary SchoolSouthport
  • Middle SchoolSouth Brunswick
  • High SchoolSouth Brunswick
  • School DistrictBrunswick County Schools

Exterior

  • STORIES1
  • Garage Space4.0
  • water SourcePublic
  • utilitiesElectricity Connected, Sewer Connected, Water Connected
  • PoolNone
  • roofShingle
  • lot featuresInterior Lot
  • parkingShared Driveway, Gravel
  • HEAT TYPEHeat Pump, Electric, Forced Air
  • AIR CONDITIONINGCentral Air, Heat Pump
  • sewerPublic Sewer
  • SubstructureSlab

Financial

  • Sales Price$1,699,900
  • Zoning SP-MF
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Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 510 W St George Street, Southport, NC 28461. We are reviewing your request and will be in touch shortly!
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Southport

Southport, NC is a charming coastal town where maritime history meets small-town warmth. With scenic waterfront views, walkable streets, fresh seafood, and year-round festivals, it offers a peaceful, community-oriented lifestyle. Perfect for relaxing, exploring, or retiring, Southport captures the spirit of coastal Carolina living at its most timeless and inviting.

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Contact Details

Andy Bovender Team

Phone

(704) 625-6127 Charlotte

Phone

(843) 800-2692 Charleston

Email

[email protected]

Address

4525 Sharon Rd, 3rd Flr Charlotte, NC 28211 967 Market Street, #105 Fort Mill, SC 29708 708 S. Shelmore Blvd #100 Mt Pleasant, SC 29464

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