Active

1502 N New River Drive

Surf City NC, 28445

$1,599,999


$512.82 per sqft

Active

3,120 sqft

Commercial

Built in 2013

12 unit motel with ocean views, 1 block away from the beach, equipped with an elevator, inground pool, outdoor shower, reception desk, and office space. Currently part of the Tiffany's Condotel & Motel Complex , which includes an additional 37 units, and a 2nd pool across the street, all under one HOA. Currently operations are geared towards nightly/weekly stays, with a property management team on site. Which handles reservations, linens, cleaning, and guest services. HOA Dues cover all utilities, insurance, pool, elevator, and exterior maintenance as well as property taxes for the common areas plus each individual unit.
Agent Remarks: Financials available with proof of funds or bank letter. Best to show on Monday-Wednesday.

100431285

MLS ID

October 8, 2024

Listed

November 22, 2024

Updated

Map

1502 N New River Drive
Surf City NC, 28445

Interior Features

Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s), Zoned


Heating

Yes


Heating Description

Electric, Heat Pump, Zoned

Exterior/Building Features

Lot Size

0.21 Acres


Roof

Shingle


Sewer

Municipal Sewer

Other Property Details

Days on Market

219


Association Fee

$55,058


Association Fee Frequency

Yearly


Association Amenities

Coin Laundry, Elevator(s), Flood Insurance, Heating/Cooling, Maint - Comm Areas, Maint - Grounds, Maintenance Structure, Management, Master Insure, Pest Control, Picnic Area, Roof, Sewer, Taxes, Trash, Water, Outdoor Pool


Garage

No


Parking

On Site, Paved


Parking Total

16


View

Yes


View Description

Ocean, Water


County

Pender


Water Source

Municipal Water


Pool

No


Zoning

C-1

Listing History

Date

Event

Price

10/16/2024

Price change

$1,599,999

-4%

Courtesy of Coastal Realty Associates, LLC with Garrett D Cox,
Listing Contact: 910-515-4564 

 

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