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.Including a 570 sqft cottage located on its own lot. The property currently generates $13,500/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.