About This Home
This 7-bedroom, 7-bathroom single family at 636 & 644 S Third Avenue in Kure Beach, NC is listed for $1,950,000 ($539 per sqft). Built in 1940, the home offers 3,618 sqft of living space on a 0.36 acres lot.
Key Features
- Built in 1940
- 0.36 acre lot
- 8 parking spaces
Property Details
Amenities
Why buy one beach house when you can buy three? Three bungalows. Three lots. And one completely turnkey investment that generated over $180,000 in gross rental revenue in 2025 and is one pace to do $250k+ in 2026 -- making it one of the highest-rated short-term rental properties on the entire island.
This isn't your average beach house. It includes 3 standalone units, all fully renovated and furnished: Bungalow 1: 2 bedroom/2 bath with a large, open floor plan kitchen and living room, screened in side porch, large front deck with hot tub and ocean view.
Bungalow 2: Perfectly laid out studio unit with outdoor space on both sides, including a hot tub and outdoor shower on one side and a lounge area on the other. Bugalow 3: 4 bedroom/4 FULL bath property with 3 ensuite bedrooms, large kitchen area, breezeway separating the two wings and a private deck area with hot tub.
Since 2023, this collection of charming coastal bungalows has been completely transformed into a polished, guest-ready micro resort. Every unit was redesigned from the ground up, interiors brightened and refreshed, exteriors freshly painted, and the outdoor spaces elevated with three brand new hot tubs, three outdoor showers, a fire pit, and all-new landscaping.
The result? A property that practically runs itself and keeps guests coming back. All furniture included. Just show up and start collecting checks. And it gets sweeter -- those three separate lots each have the potential to support a duplex, giving a savvy developer a serious runway for future upside.
Whether you're someone looking to live at the beach for free by living in one unit while the others pay your mortgage, a seasoned investor adding a proven performer to your portfolio, or a developer with an eye on what this land could become -- this one checks every box. Turnkey. Cash-flowing. Irreplaceable. Here's your chance to own Kure Beach's finest micro resort. Listing agent is one of the owners of the property.
Monthly Cost Estimate
$10,429/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
636 & 644 S Third Avenue
Kure Beach, NC 28449
Not In Subdivision
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Outdoor Features
Parking
Heating
Cooling
Questions & Answers
This 7-bedroom, 7-bathroom single family at 636 & 644 S Third Avenue is listed at $1,950,000 ($539/sqft). The estimated monthly payment is $10,429 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1940, 0.36 acre lot, 8 parking spaces. Interior Features: Master Downstairs, Vaulted Ceiling(s), Solid Surface. Exterior Features: Outdoor Shower.
This property is listed by Travis Sherry and can be reached at 8884550640.
