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412 N Carolina Beach Ave N
Carolina Beach, NC 28428
The Beach House · Hospitality Property For Sale · 38,760 SF

INVESTMENT HIGHLIGHTS

  • Oceanfront, 14 with private balconies, 15 suites/efficiences and 7 rooms, oceanfront sun deck and a large swimming pool that is in the sun until dark.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.43 AC
Building Size 38,760 SF
No. Stories 2
Year Built/Renovated 1981/2025
Tenancy Single
Parking Ratio 0.31/1,000 SF
Corridor Exterior
Zoning T-1,TOURIS - Tourist

AMENITIES

  • Balcony
  • Pool
  • High Speed Internet Access
  • Patio
  • Beach (direct access)
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen
  • Multi-Room Suites

ABOUT 412 N CAROLINA BEACH AVE N , CAROLINA BEACH, NC 28428

Office building was built in 1942 as a small beach hotel. In 1983 it was completely gutted, reshaped inside, re-plumbed, re-wired into five suites, two rooms, two room living quarters, office and laundry room. Four of these face the ocean. At the same time they built a new building on the adjacent lots housing 10 suites and 5 rooms. Fourteen of them have private balconies. All suites have a small but full kitchen. Between 2010 and 2012 the entire motel was updated with new kitchen appliances, sinks & faucets, cabinets, bath vanities, sinks & faucets, tub glass enclosures, entry door's with key card locks, and sliding glass balconies doors. Air and heat units last about 5 to 7 years ,about 5 are replaced each year. Roof was new in 2010 with a forever limited warranty. Rated at 135 mile per hour rating.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R08819-007-004-000
  • R08819-007-005-000
Land Assessment
$4,021,900
Improvements Assessment
$1,440,600
Total Assessment
$5,462,500
  • Listing ID: 21291926

  • Date on Market: 10/21/2020

  • Last Updated:

  • Address: 412 N Carolina Beach Ave N, Carolina Beach, NC 28428

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