702 Lake Park Boulevard S, Carolina Beach, NC 28428

$1,250,000
Property Type: Comm Sale or Lease Square Footage: 3,130 Lot Size (sq. ft.): 18,731 Status: Closed
Current Price: $1,250,000 List Date: 7/15/2024 Last Modified: 2/06/2025

Description

Investors and Developers! Large 150' x 125' Lot in the heart of Carolina Beach. Could be subdivided into (3) 50'x125' Lots Zoned Neighborhood Business, allowing for a variety of uses. Seller has a recent appraisal which can be provided to a serious buyer. Per the appraisal, the property is not being utilized to its highest and best use currently. Very close to public beach access, the lake, and the central business district of Carolina Beach. Great Opportunity!

More Information MLS# 100455791

Building/Ext Features

Lot Acres: 0.43 Lot SqFt: 18731 Lot Dimensions: 150 x 125 x 150 x 125 SqFt - Total Available: 3130 Location Type: Mainland

Contract Info

Delayed Marketing?: No Garage: N/A Space: Yes Sale/Lease: Sale List Price/SqFt: 447.28 Stipulation of Sale: Seller not Owner Status: Closed Marketing Start Date: 2024-07-15 Listing Price: 1400000 Current Price: $1,250,000

Location Information

City Limits: Yes Marketing City: Carolina Beach Secondary Subdivision: N/A Street #: 702 Street Name: Lake Park Street Suffix: Boulevard Post Direction: S County: New Hanover State/Province: NC Zip Code: 28428 Subdivision: Not In Subdivision Geo Lat: 34.027082 Geo Lon: -77.895784

Remarks and Showing

Sign on Property: No Directions to Property: Take College Road south, becomes Carolina Beach Road. Cross Snows Cut Bridge into Carolina Beach, becomes N Lake Park Blvd., becomes Lake Park Blvd. S, Property is on Right after crossing Lake Drive

Building Info

New Construction: No

Legal and Taxes

Tax Assessed Value: 903700 Deed Book: 6378 Deed Page: 450 Legal: Lots 1,2, and 3, Block 42, Carolina Beach Broker Owner: No PID: R09010-021-003-000 Tax Identifier: R09010-021-003-000 Plat Book: 44 Plat Page: 85 Total Real Estate Property Taxes: 6009.61 Special Assessments: none known Tax Year: 2023 Zoning: NB Cobra Zone: No Year Built: 1962

Current Use

Commercial: 1 Retail: 1

HOA and Neigh Amenities

No Amenities: 1

Basement

None: 1

Exterior Finish

Block: 1

Terms

1031 Exchange: 1 Cash: 1 Conventional: 1 Seller Financing: 1

Foundation

Slab: 1

Flooring

Concrete: 1

Parking Features

Off Street: 1 Parking Lot: 1

Sale/Lease Includes

Buildings: 1

Lot Description

Corner Lot: 1

Road Type/Frontage

2 - 3 Lanes: 1 Maintained: 1

Location

Corner: 1

Heating System Fuel Source

Electric: 1

BuildingExt Features

SqFt - Heated (Primary): 3130

Status Change Info

Under Contract Date: 2024-12-31 Sold Price: $1,250,000 Sold Date: 2025-02-06

Property Features

HOA and Neigh Amenities: No Amenities Basement: None Exterior Finish: Block Flooring: Concrete Foundation: Slab Parking Features: Off Street; Parking Lot Lot Description: Corner Lot Current Use: Commercial; Retail Location: Corner Heating System Fuel Source: Electric Terms: 1031 Exchange; Cash; Conventional; Seller Financing
Listing Office: Keller Williams Innovate-KBT
IDX
Last Updated: February - 06 - 2025
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