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308 Carolina Beach Ave N
Carolina Beach, NC 28428
Stoked Inn LLC. · Land For Sale · 0.60 AC

Investment Highlights

  • Shovel-Ready Development
  • High-Income Potential
  • Prime Oceanfront Location

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units - Condo
Total Lot Size 0.60 AC
Zoning CB Business District - Carolina Beach's Central Business District is a vibrant hub with shops, dining, and entertainment, offering prime commercial and mixed-use development

Description

Shovel-Ready Oceanfront Luxury Condominium Development An exclusive, turn-key development opportunity awaits in the heart of Carolina Beach, North Carolina. This premier oceanfront project, located at 306 Carolina Beach Avenue North & 308 Canal Drive, Carolina Beach, North Carolina, is fully shovel-ready and designed to deliver 16 luxury condominium units, with one unit designed to include a commercial space on the ground floor, offering 16 spacious residences, each featuring 2 bedrooms and 2 baths for unparalleled coastal living. This short-term vacation rental income-producing property has been designed to include a pool and gazebo amenity, enhancing the luxury experience for residents and guests. in one of the most sought-after locations. Situated in the vibrant central business district , this development benefits from immediate access to a bustling array of shops, restaurants, and entertainment venues, all within walking distance. Residents will enjoy the convenience of being just steps away from the Carolina Beach Boardwalk, a popular attraction featuring local eateries, live music, and seasonal events. The area is also known for its year-round tourism, providing strong investment potential and sustained property value growth. This exclusive oceanfront condominium development is strategically located adjacent to a new 177-unit Embassy Suites Hotel project, enhancing the property's appeal and investment potential. The proximity to this upscale hotel creates a unique synergy, providing residents and guests with access to additional amenities and services, while attracting more visitors to the area, further boosting rental income opportunities. This development includes a prime oceanfront lot, providing direct beach access and breathtaking views, as well as an additional parcel designed specifically for convenient parking. The well-planned design ensures seamless integration with the surrounding area while maximizing the potential of this highly desirable site. The listing package includes all necessary permits, including soil boring and environmental testing, ensuring a fully shovel-ready project. Additionally, it includes architectural stamped and approved drawings by the required local government authorities, streamlining the development process. and architectural plans finalized, this turn-key project presents a rare chance for investors and developers to bring an upscale residential experience to Carolina Beach. The growing demand for high-end oceanfront residences makes this an exceptional opportunity to capitalize on the thriving market. Don’t miss your chance to develop a premier oceanfront condominium community in one of North Carolina’s most coveted beach destinations. Contact us today for more details on this exclusive investment opportunity. Joint Venture & Limited Partner Opportunities This luxury oceanfront condominium project also offers joint venture opportunities for investors and developers. Partnering allows for shared resources and expertise, helping to expedite development, construction, and marketing, while distributing risks and rewards. This structure opens doors to additional funding and investment strategies, enhancing profitability. Whether you're an experienced developer or a financial partner, this is a prime opportunity to be part of a high-end oceanfront community at Carolina Beach.

  • Listing ID: 34755494

  • Date on Market: 2/7/2025

  • Last Updated:

  • Address: 308 Carolina Beach Ave N, Carolina Beach, NC 28428

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