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213 Cape Fear Boulevard, Carolina Beach, NC 28428

$3,950,000

FRONT-L1-213-Cape-Fear-03.15.26-1536x864

FRONT-R1-213-Cape-Fear-03.15.26-1536x864

Property Type: Comm Sale or Lease Square Footage: 7,996 Lot Size (sq. ft.): 18,731 Status: Active

Current Price: $3,950,000 List Date: 8/14/2026 Last Modified: 8/14/2026

Overview

Description

Carolina Beach Motel For Sale/ or RARE REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING AVAILABLE - CAROLINA BEACH, NC Carolina Beach recently approved a new Commercial Transition (CT) zoning district along Cape Fear Boulevard, creating exciting new development opportunities in one of the area's most desirable coastal markets. The new zoning allows for up to 29 residential units per acre, compared with approximately 17 units per acre under the previous Mixed-Use zoning, significantly increasing the development potential of qualifying properties. We currently have four contiguous lots with a preliminary concept plan illustrating the potential for a high-end mixed-use development featuring: Ground-floor retail and commercial space Luxury residential condominiums On-site swimming pool and amenities Mixed-use coastal design Located just a few blocks from the beach and Carolina Beach Boardwalk With increased residential density and the continued growth of Carolina Beach, this prese ... (Read more) Carolina Beach Motel For Sale/ or RARE REDEVELOPMENT OPPORTUNITY WITH OWNER FINANCING AVAILABLE - CAROLINA BEACH, NC Carolina Beach recently approved a new Commercial Transition (CT) zoning district along Cape Fear Boulevard, creating exciting new development opportunities in one of the area's most desirable coastal markets. The new zoning allows for up to 29 residential units per acre, compared with approximately 17 units per acre under the previous Mixed-Use zoning, significantly increasing the development potential of qualifying properties. We currently have four contiguous lots with a preliminary concept plan illustrating the potential for a high-end mixed-use development featuring: Ground-floor retail and commercial space Luxury residential condominiums On-site swimming pool and amenities Mixed-use coastal design Located just a few blocks from the beach and Carolina Beach Boardwalk With increased residential density and the continued growth of Carolina Beach, this presents an excellent opportunity for an investor or developer looking to capitalize on the area's long-term potential. Preliminary site plan attached illustrating one potential development concept for all four lots. All development concepts, densities, and uses are subject to final governmental approvals, engineering, site-plan approval, and applicable development regulations. 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 *Easy access to Wilmington, NC (20 minute away) *Supportive local government for redevelopment and investment *Maximum 50' building height *Demand for long term rentals for locals and remote workers seeking a coastal lifestyle *Property appreciation-Carolina beach has a history of strong property appreciation This charming coastal town has a blend of classic beach nostalgia and modern charm. From fireworks and live music on the boardwalk to parks and outdoor recreation, Carolina Beach offers a lifestyle that draws millions each year-and this property is right in the center of it all.

Listing Details MLS# 100596353

Contract Info

Available Date: 2026-08-14
Delayed Marketing?: No
Marketing Start Date: 2026-08-14
Garage: N/A
Sale/Lease: Sale
Listing Price: 3950000
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
Marketing City: Carolina Beach
Subdivision: Not In Subdivision
Secondary Subdivision: N/A

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
Special Assessments: None
Tax Year: 2025
Year Built: 1960
Zoning: MX
HOA: No
Cobra Zone: No
Federal Flood Ins Avlbl: Yes

More Information

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

IDX

Listing Office: Coldwell Banker Sea Coast Advantage-CB

Last Updated: August - 14 - 2026

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