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514 W St George Street, Southport, NC 28461

New Listing
$1,500,000
Property Type: Multi-Family Bedrooms: 8 Baths: 8 Square Footage: 4,692 Lot Size (sq. ft.): 12,197 Status: Active
Current Price: $1,500,000 List Date: 2/02/2026 Last Modified: 2/03/2026

Description

One-of-a-kind Southport investment opportunity. Built in 2021, 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 both long-term tenants and 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.

More Information MLS# 100552466

Property Interior Info

ud_i_10: 1

Contract Info

Delayed Marketing?: No Sub-Type: Quadruplex List Price/SqFt: 319.69 Stipulation of Sale: Standard Status: Active Marketing Start Date: 2026-02-02 Listing Price: 1500000 Current Price: $1,500,000

Location Information

City Limits: Yes Marketing City: Southport Secondary Subdivision: N/A Street #: 514 Pre Direction: W Street Name: St George Street Suffix: Street County: Brunswick State/Province: NC Zip Code: 28461 Subdivision: Olde Southport Geo Lat: 33.922099 Geo Lon: -78.026633

Remarks and Showing

Sign on Property: Yes Directions to Property: Driving south on N Howe Street turn right onto W St. George Street. Property will be on right side.

Building Info

New Construction: No

Property Exterior/Interior Info

Lot Acres: 0.28 Lot SqFt: 12197 Lot Dimensions: 61x208x57x194 Waterfront: No Waterview: No Location Type: Mainland # Baths - Total: 8 # Total Units: 4 Fireplace Y/N: No Owner Occupied: No Property Mgmt Company: No Financials Available: No

Legal and Taxes

Tax Assessed Value: 1075050 Deed Book: 4237 Deed Page: 985 Legal: L-D .28 AC DB PL 4210-479 Broker Owner: No PID: 237LA02810 Tax Identifier: 237la02810 Plat Book: 4210 Plat Page: 479 Total Real Estate Property Taxes: 8239.35 Special Assessments: none Tax Year: 2025 Zoning: SP-MF Cobra Zone: No School District: Brunswick County Schools Elementary School: Southport Middle School: South Brunswick High School: South Brunswick Year Built: 2019

Garage & Parking

Attached Garage Spaces: 4 Detached Garage Spaces: 0 Total # Garage Spaces: 4 Total Carport Spaces: 0

Parking Features

Gravel: 1 Shared Driveway: 1

Basement

None: 1

Frontage Type

Pond Front: 1

View Type

Pond: 1

Construction

Wood Frame: 1

Lot Water Features

None: 1

Exterior Finish

Brick Veneer: 1 Vinyl Siding: 1

Terms

Cash: 1 Conventional: 1

Fencing

None: 1

Foundation

Slab: 1

Flooring

LVT/LVP: 1

Fuel Tank

None: 1

Patio and Porch Features

Patio: 1 Porch: 1

Pool Features

None: 1

Roof

Shingle: 1

Levels

One: 1

Entry Level Information

Entry Level: 1

Lot Description

Interior Lot: 1

Road Type/Frontage

Asphalt: 1 Paved: 1 Public (City/Cty/St): 1

Cooling

Central Air: 1 Heat Pump: 1

Heating

Forced Air: 1 Heat Pump: 1

Heating System Fuel Source

Electric: 1

Water Heater

Electric: 1

Utilities

Electricity Connected: 1 Sewer Connected: 1 Water Connected: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Appliances/Equip

Electric Cooktop: 1 Electric Oven: 1 Refrigerator: 1

Furnished

Negotiable: 1

Interior Features

Kitchen Island: 1

Laundry Location

Hookup - Dryer: 1 Hookup - Washer: 1

Dining Room Type

Combination: 1

Side/Unit 1

Total Rooms: 4 # of Bedrooms: 2 Full Baths: 2 Avg SqFt: 1173 Furnished: Yes Rent: 2700 Occupied: Yes

Side/Unit 1 Cooling

Central: 1

Side/Unit 1 Heating

Electric: 1

Side/Unit 1 Appliance

Cooktop - Electric: 1

Side/Unit 1 Rent Frequency

Other: 1

Side/Unit 2

Total Rooms: 4 # of Bedrooms: 2 Full Baths: 2 Avg SqFt: 1173 Furnished: Yes Rent: 2600 Occupied: Yes

Side/Unit 2 Cooling

Central: 1

Side/Unit 2 Heating

Electric: 1 Heat Pump: 1

Side/Unit 2 Appliance

Cooktop - Electric: 1

Side/Unit 2 Rent Frequency

Other: 1

Side/Unit 3

Total Rooms: 4 # of Bedrooms: 2 Full Baths: 2 Avg SqFt: 1173 Furnished: Yes Rent: 3600 Occupied: Yes

Side/Unit 3 Cooling

Central: 1

Side/Unit 3 Heating

Electric: 1

Side/Unit 3 Appliance

Cooktop - Electric: 1

Side/Unit 3 Rent Frequency

6 Months: 1

Side/Unit 4

Total Rooms: 4 # of Bedrooms: 2 Full Baths: 2 Avg SqFt: 1173 Furnished: Yes Rent: 2500 Occupied: Yes

Side/Unit 4 Cooling

Central: 1

Side/Unit 4 Heating

Electric: 1 Heat Pump: 1

Side/Unit 4 Appliance

Cooktop - Electric: 1

Side/Unit 4 Rent Frequency

Monthly: 1

Property ExteriorInterior Info

# Bedrooms: 8 SqFt - Heated (Primary): 4692

Property Features

Frontage Type: Pond Front View Type: Pond Basement: None Construction: Wood Frame Exterior Finish: Brick Veneer; Vinyl Siding Fencing: None Foundation: Slab Fuel Tank: None Parking Features: Gravel; Shared Driveway Patio and Porch Features: Patio; Porch Pool Features: None Roof: Shingle Levels: One Lot Description: Interior Lot Lot Water Features: None Cooling: Central Air; Heat Pump Heating: Forced Air; Heat Pump Heating System Fuel Source: Electric Water Heater: Electric Utilities: Electricity Connected; Sewer Connected; Water Connected Water Source: Public Sewer: Public Sewer Flooring: LVT/LVP Furnished: Negotiable Interior Features: Kitchen Island Laundry Location: Hookup - Dryer; Hookup - Washer Dining Room Type: Combination Terms: Cash; Conventional
Listing Office: Berkshire Hathaway HomeServices Carolina Premier Properties
IDX
Last Updated: February - 03 - 2026
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