704 Ocean Blvd. Unit 2 Carolina Beach, NC 28428
Listed for $720,000 by Caroline Holman with The Costin Group and Nest Realty
4 bed | 4 bath | 2,246 sq ft | Instant equity!
If you’ve been dreaming of owning a Carolina Beach investment property that not only earns you income but also gives you wild instant equity the moment you close, this is it.
Property nets ~$60k in rental income per year, showings begin 8/14/25 on a limited schedule due to rental bookings
Why 704 Ocean Boulevard Unit 2 is a Smart Buy:
- Listed for $3k less than the other side sold for in 2023 – with upgrades since 🤯
- Instant equity & proven Airbnb income
- No HOA dues
- Prime location with sidewalks and beach access
- Flexible rental options (short-term, long-term, or hybrid)
An Investment from DAY ONE
Here’s the deal: most income properties at the beach are priced at (or above) market value. This one? Listed at $720,000 despite a market value closer to $750,000. The sellers are motivated, already have their next home in mind, and want to move quickly — which is where you come in.
You’re getting:
- Equity from day one
- No HOA dues
- New floors AND new HVAC
- Sidewalks recently added to Ocean Boulevard for safe, easy walks to the beach
Plus, there are booked rentals through August, September, and a little bit of October that can either transfer to you or be adjusted to fit your plans.
Location is 🔑 in CB ❤️
Carolina Beach has a claim to fame for being walkable, you’re never more than a short walk, or a short golf cart ride away from the beach and boardwalk! This is the case at Casa Kiwi.
Guests love it here because they can walk down the newly sidewalk lined streets to public beach access, Carolina Beach State Park, Mike Chappell Park, and even the elementary school. Add in local restaurants, coffee shops, and island events, and you’ve got a vacation rental dream location.
For you? That means steady bookings, happy reviews, and repeat guests.
Three levels of Flexible Living 🎉
Ground Floor:
A private bedroom, full bath, and family room with wet bar make this level ideal for a guest suite or even a separate long-term rental unit. Add a door and rent this as a separate unit while you live upstairs!
Main Level:
Open-concept living with hardwood floors, a bright kitchen with granite countertops, stainless steel appliances, and a breakfast bar. A covered balcony extends the living space outdoors. The second guest bedroom is located on this floor, along with a guest bathroom that doubles as the main living powder room.
Top Level:
Two bedrooms, including the primary bedroom and bathroom, plus another covered balcony — perfect for catching the sunrise or feeling that Carolina Beach breeze.
Outdoor Features Guests (and YOU) Will Love!
- Fully fenced backyard
- Outdoor shower!! (non-negotiable after sandy beach days)
- Covered outdoor living space, perfect for grilling and chilling, dining al fresco, or simply relaxing in the shade
This isn’t just a Carolina Beach home for sale — it’s a business, a retreat, and an equity boost all rolled into one. Whether you keep it fully as a vacation rental, mix in long-term tenants, or save prime weeks for yourself, 704 Ocean Blvd Unit 2 will work for you from the moment you get the keys.
Ready to set up a tour?
If you’ve been looking for a one-of-a-kind new build in Wilmington, this is the home for you!
📞 Fill out the form below or contact The Costin Group today.
