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About This Home

This 0-bedroom, 0-bathroom single family at 213 Cape Fear Boulevard in Carolina Beach, NC is listed for $3,950,000 ($494 per sqft). Built in 1960, the home offers 7,996 sqft of living space on a 0.43 acres lot.

Agent Description

Carolina Beach Motel For Sale/ or RARE REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING AVAILABLE - CAROLINA BEACH, NC Located in the heart of one of the East Coast's fastest growing beach towns, this mixed-use property is your gateway to a high ROI redevelopment project just steps from the ocean FLEXIBLE OWNER FINANCING OPTIONS You don't need a bank.

We are making it easy for visionary developers and investors. *Only 20% down *Competitive interest rates *Avoid restrictive conditions compared to traditional financing ABOUT THIS PROPERTY This property consists of a total of 4 lots. 3 of the lots are located at 213 Cape Fear Blvd and includes a 2 story 18 room motel and a house with an office and an apartment.

The 4th lot connects to the back of the motel and is addressed at 218 Charlotte Ave. This is a vacant lot and is deeded separate from the other 3 lots. 150 Feet of Road Frontage on Cape Fear Blvd and 50 Feet Frontage on Charlotte Ave. UNMATCHED LOCATION This is your opportunity to invest in one of the most sought-after areas on the Carolina coast.

Located just a few blocks from the historic boardwalk, restaurants, shops, entertainment and the beautiful Atlantic Ocean. The flexible mixed-use zoning makes it ideal for a variety of redevelopment uses. Beach-close properties in this zone are becoming increasingly rare-don't miss this opportunity Buyers, renters and vacationers all want to be close to the boardwalk and beach-and this location delivers.

READY TO BUILD YOUR VISION? Whether you're a developer, investor or visionary business owner, this property has endless possibilities. Call today for more information or to schedule a private tour with the owner. WHY CAROLINA BEACH? *Booming real estate market with year-over-year growth *Heavy summer tourism + growing off-season rental market *Supportive local government for redevelopment and investment *Maximum 50' building height *Demand for long term Rentals

Key Features

  • Built in 1960
  • 0.43 acre lot
  • 24 parking spaces

Property Details

24 spaces
1960

Amenities

A/C

Monthly Cost Estimate

$21,125/mo

20% down · 6.5% · 30 years

Principal$2,857
Interest$17,117
Insurance$1,152

Estimates only. Actual payments may vary.

Location

213 Cape Fear Boulevard

Carolina Beach, NC 28428

Not In Subdivision

Property Details

Flooring

LaminateCarpet

Parking

Off StreetParking Lot

Heating

Electric (Heating)

Cooling

Window Unit(s)Wall/Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom single family at 213 Cape Fear Boulevard is listed at $3,950,000 ($494/sqft). The estimated monthly payment is $17,117 based on 20% down at 6.5% interest.

Key features include: Built in 1960, 0.43 acre lot, 24 parking spaces.

This property is listed by Ajay Singh and can be reached at 9104317340 or ajaysingh@seacoastrealty.com.

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AS

Ajay Singh

Agent at Coldwell Banker Sea Coast Advantage-CB

(910) 431-7340

Listed by Coldwell Banker Sea Coast Advantage-CB

MLS# 100552738· Source: listhub· Updated 65 days ago

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213 Cape Fear Boulevard, Carolina Beach, NC 28428

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