Margaret Young - Coldwell Banker Sea Coast Advantage Realty
308 N Carolina Beach Avenue
Carolina Beach, NC 28428

$1,199,000

Description

Welcome to the Mermaid, a circa-1955 oceanfront hotel with 8 guest suites, situated in the heart of Carolina Beach just steps away from the oceanfront boardwalk extension! This is a fantastic opportunity for wannabe inn-keepers or investors looking for short-term rental property. Situated in the CBD, this property offers tremendous flexibility -- it can be used for residential, multi-residential, bed & breakfast, restaurant or hotel. For an additional cost, it can be purchased with a vacant lot at 306 Canal Drive. Home is being sold partially furnished. Seller will consider seller financing and/or lease/purchase.

Details

MLS#100098425
StyleHouse
Sub-TypeResale
StatusActive
Year1955
Days On Site262

Features

Bed(s)8
Bath(s) 8 Full
SQ Feet4,210
PoolYes
Story(s)2.0
Acreage0.14
Water FrontYes
Property ViewYes

Additional Information

Ocean FrontYes
Ocean ViewYes
Water AccessNo
Bonus RoomNo
Boat SlipNo
Master DownYes
Finished Room Over GarageNo
HOANo
FireplaceYes
Great RoomNo
Construction TypeStick Built
FencingYes
PorchYes
SunroomNo
DeckYes

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Area Information

StateNC
CountyNew Hanover
CityCarolina Beach
Zip Code28428
AreaNew Hanover
Community NameNot In Subdivision
Elementary SchoolCarolina Beach
Middle SchoolMurray
High SchoolAshley
Listing VS Median (in Not In Subdivision)
Price:
$1,199,000
low | high
Med:
$129,900
100% of Average
SqFt:
4,210
low | high
Med:
1,772
100% of Average
$ / SqFt:
$285
low | high
Med:
$73
100% of Average
On Site:
262
low | high
Med:
353
74.220963172805% of Average
Listing Updated: 10/19/2018
MLS Number: 100098425
Listing Provided By:
Pam Kersting  of  Intracoastal Realty Corp