$1,000,000

Corner Lot- 1203 Fort Fisher Blvd & 102 Hanby Lane. Situated at the corner of N. Fort Fisher Blvd. and Hanby Ave, this unique property offers exceptional flexibility and investment potential. Once two separate parcels, now combined into one, the site sits just one row off the ocean and spans approximately 0.21 acres, according to county records. Currently featuring two income-producing residential homes, 1203 N Fort Fisher Blvd and 102 Hanby Ave, and a 24' x 24' detached two-car garage. BOTH PROPERTIES ARE TENANT OCCUPIED. DO NOT APPROACH HOMES WITHOUT PRIOR APPOINTMENT OR AUTHORIZATION. CONTACT LISTING AGENT FOR QUESTIONS OR INQUIRIES. The property presents multiple options — collect rental income as you explore building possibilities such as a spacious luxury single-family residence, or possibly a duplex, or triplex. ***Exact options for what would be allowed are currently unverified*** Please direct inquiries about possible build options that may be allowed to maximize density on the site by contacting the Town of Kure Beach and New Hanover County planning offices. Enjoy ocean breezes and quick beach access via two nearby public walkways. No HOA. Partial Ocean views are possible currently if 2+ story structure built there. Both homes are currently leased & property is sold subject to tenants rights. The homes did get some limited water intrusion during the PTC 8 storm event in Sept 2024. A historic rainfall event where 18 inches of rain was reported in 12 hours, all damage was remediated and updates made to 1203. This sale is subject to a 10-day upset bid period through court process. Don't miss this rare opportunity - a coastal Island property with many options and just steps from the beach! NOTE: This property, along with the the two homes & detached carport is also being marketed for sale as a Residential Listing MLS # 100536808

Listing Map