1502 N New River Drive, Surf City, NC 28445

$7,500,000
17,761
SqFt
List Price
$7,500,000
Status
ACTIVE
MLS#
100366924
Price Change
▼ $1,450,000 1689282422
Days on Market
313
Year Built
1991
Half-baths
43
Living Area
17,761
Acres
1.40
Neighborhood
Tiffanys Condotel
Stipulations
None

Property Description

Total of 43 units at Tiffany's Motel and Condotel. 12 (one bedroom) Motel Units, and 31 Condotel Units ( 18 one bedrooms + 2 (two bedroom units) + 11 (two bedroom suite units) All of these units are managed by the onsite management company, to include onsite staff (cleaners, receptionist, maintenance, and GM). Tiffany's Motel/Condotel is composed of 49 total units, 2 separate buildings, each with it's own pool & elevator, and outdoor showers available for every guest. These units are offered as nightly, and weekly rentals, but may also be used as long term rentals or full time by the owners. Each unit is deeded separately, however the common area is owned by the HOA. Tiffany's is an iconic establishment on Topsail Island, equipped with a strong book of repeat guest, and a growing reputation for the ideal beach getaway.

Additional Information

Office Square Feet
450.00
HOA (annual)
$22,358
Available Amenities
Cable, Flood Insurance, Heating/Cooling, Laundry Facility, Maint - Comm Areas, Maint - Ext Bldg, Maint - Grounds, Master Insure, Mgmt Fee, Pest Control, Picnic Grounds, Pool - Outdoor, Roof, Sewer, Street Lights, Tax Comm Areas, Trash Removal, Water
Cooling
Central, Heat Pump, Wall/Window Unit(s)
Heating
Heat Pump
Water Heater
Electric, Propane, Tankless
Floors
Concrete, LVT/LVP, Tile, Vinyl
Foundation
Pilings
Roof
Shingle
Exterior Finish
Vinyl Siding
Exterior Features
Salt Marsh, Sound Side, Third Row
Lot Water Features
Salt Marsh, Sound Side, Third Row
Sewer
Municipal Sewer, Municipal Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Coastal Realty Associates, Llc.

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