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About This Home
This 8-bedroom, 8-bathroom residential multi family at 514 W St George in Southport, NC is listed for $1,500,000 ($320 per sqft). Built in 2019, the home offers 4,692 sqft of living space on a 0.28 acres lot.
One-of-a-kind Southport investment opportunity. Built in 2019, this unique 4-unit property features four well-appointed 2BR/2BA residences backing to a tranquil pond, delivering both privacy and strong curb appeal. The property currently generates $11,500/month in rental income and is grandfathered for short-term rentals--an exceptionally rare advantage in Southport.
Perfectly positioned walkable to everything, just a couple blocks from the Southport Yacht Basin and Safe Haven House, offering unmatched appeal for short-term guests. Adding to the upside is a separate 5th cottage unit (available as well), currently rented for $2,000/month, creating additional income and flexibility.
Modern construction, prime walkability, STR grandfathering, and water views combine to make this a truly irreplaceable asset--ideal for investors seeking stable cash flow with significant upside in one of the most desirable coastal towns in North Carolina.
Key Features
- Built in 2019
- 0.28 acre lot
- 4 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$8,022/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
514 W St George
Southport, NC 28461
Not In Subdivision
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 8-bedroom, 8-bathroom residential multi family at 514 W St George is listed at $1,500,000 ($320/sqft). The estimated monthly payment is $6,500 based on 20% down at 6.5% interest.
Key features include: Built in 2019, 0.28 acre lot, 4 parking spaces. Interior Features: Kitchen Island.
This property is listed by Zack Bryant Team and can be reached at 9107467000 or zbryant@bhhscpp.com.