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402 N Lake Park Blvd
Carolina Beach, NC 28428
Land For Sale
·
0.96 AC
Investment Highlights
- 28 one-bedroom units and 8 waterfront two-bedroom units
- Approved for a five-story condominium or multifamily residence comprising 34,480 square feet
- Thoughtfully designed to maximize water views and coastal lifestyle appeal
Executive Summary
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 0.96 AC |
| Zoning | HB - Highway Business | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.96 AC |
| Zoning | HB - Highway Business |
1 Lot Available
Lot
| Price | $4,077,000 CAD | Lot Size | 0.96 AC |
| Price Per AC | $4,246,874.90 CAD |
| Price | $4,077,000 CAD |
| Price Per AC | $4,246,874.90 CAD |
| Lot Size | 0.96 AC |
Description
Positioned along the Carolina Beach Canal, this fully entitled, canal-front site offers a premier opportunity to develop a high-end residential project in one of the area’s most desirable coastal markets. The property is approved for a five-story condominium or multifamily residence comprising 34,480 square feet of living space.The site features private dock access and delivers sweeping, unobstructed canal and ocean views, with upper floors capturing exceptional sightlines. As one of the last remaining canal-front parcels permitting this scale and density, the property presents a truly scarce development opportunity. Current plans call for 36 luxury residences, including 28 one-bedroom units and 8 waterfront two-bedroom units, thoughtfully designed to maximize water views and coastal lifestyle appeal.
