514 W St George Street, Southport, NC 28461
$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:
3/03/2026
Description
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 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 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: March - 03 - 2026
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