$3,950,000
Carolina Beach, NC 28428
MLS# 100552738
7996 sqft
1 / 17
Property 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
Details
Maps
Contract Info
Available Date: 2026-02-04
Status: Active
Delayed Marketing?: No
Marketing Start Date: 2026-02-04
Sub-Type: Improved
Garage: N/A
Sale/Lease: Sale
Listing Price: 3950000
Current Price: $3,950,000
List Price/SqFt: 494
Stipulation of Sale: Standard
Location Information
Street #: 213
Street Name: Cape Fear
Street Suffix: Boulevard
County: New Hanover
State/Province: NC
Zip Code: 28428
City Limits: Yes
Subdivision: Not In Subdivision
Secondary Subdivision: N/A
Geo Lat: 34.0336
Geo Lon: -77.895579
Remarks and Showing
Directions to Property: Lake Park Blvd N Turn Right on to Cape Fear BLVD Motel is on the Left hand Side
Sign on Property: Yes
Building Info
New Construction: No
BuildingExt Features
SqFt - Heated (Primary): 7996
Legal and Taxes
Tax Assessed Value: 1977000
Deed Book: 5002
Deed Page: 2746
Legal: 47 9/10/11 CAR BCH
Broker Owner: No
PID: R09006-025-018-000
Tax Identifier: R09006-025-018-000
Total Real Estate Property Taxes: 6706.55
Special Assessments: None Known
Tax Year: 2025
Year Built: 1960
Zoning: MX
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes
Current Service Providers
Electric Provider: Duke Progress Energy
Financial Info
Financial Info: Yes
Total Annual Expenses: 54000
Real Estate Taxes: 7854
Property Features
Business Type: Bed & Breakfast; Hotel/Motel; Mixed
Attic: None
Basement: None
Construction: Wood Frame
Exterior Finish: See Remarks
Flooring: Carpet; Laminate
Foundation: Crawl Space; Slab
Fuel Tank: None
Green Bldg Features: None
Parking Features: Off Street; On Site; Parking Lot
Roof: Shingle
Lot Description: See Remarks
Current Use: Hotel/Motel
Lot Water Features: None
Cooling: Wall/Window Unit(s)
Heating: Other
Heating System Fuel Source: Electric
Water Heater: Electric
Utilities: Water Available
Sewer: Municipal Sewer
Water Source: Municipal Water
Listing Office: Coldwell Banker Sea Coast Advantage-CB
Last Updated: March - 02 - 2026
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