Property
Surf City, NC 28445 1503 N New River Drive
$6,300,000



62 more































































Presented By: Coastal Realty Associates, LLC
Home Details
Total of 40 units at Tiffany's Motel and Condotel. 12 (one bedroom) Motel Units, and 28 Condotel Units ( 17 -one bedrooms 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, (except for the 12 unit building) 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.
Presented By: Coastal Realty Associates, LLC
Interior Features for 1503 N New River Drive
Other Interior Features
BasementNone
FlooringConcrete, Tile, Vinyl, LVT/LVP
List Price/SqFt408.11
Other Rooms
SqFt - Office450.00
General for 1503 N New River Drive
C & I FeaturesFire Alarm, Reception Area, Security System, Fixtures/Furniture
CitySurf City
City LimitsYes
Cobra ZoneNo
ConstructionWood Frame
CoolingCentral, Wall/Window Unit(s), Heat Pump
CountyPender
County HighwayLess than 5 Miles
Days on Market37
Geo Lat34.44109
Geo Lon-77.521825
HOAYes
HOA and Neigh AmenitiesCable, Laundry, Water, Trash, Taxes, Sewer, Roof, Picnic Area, Pest Control, Outdoor Pool, Master Insure, Management, Maintenance Structure, Maint - Grounds, Maint - Comm Areas, Flood Insurance, Elevator(s), Coin Lau
HeatingHeat Pump
Listing Member NameGarrett D Cox
LocationCorner, Residential, Freestanding
Location TypeIsland
Lot Sqft49658.00
New ConstructionNo
Number of Units40
PossessionAt Closing, Subject To Tenant Rights, Negotiable
Property TypeG
RoofShingle
Sale/LeaseSale
Sale/Lease IncludesBuildings, Licenses/Permits, Inventory, Insurance, Furniture, Fixtures
Special Assessmentsnone
StatusActive
Stipulation of SaleNone
Street NameNew River
Sub-TypeComm Condominium, Hotel/Motel, Commercial
SubdivisionDune Ridge
Tax Assessed Value330605.00
Tax Year2024
Terms1031 Exchange, SBA, Seller Financing, Cash
UtilitiesMunicipal Sewer, Municipal Water
Water HeaterElectric, Propane, Tankless
Year Built2002
ZoningC1
current useHotel/Motel, Multi-Family
Exterior for 1503 N New River Drive
Exterior FinishVinyl Siding
FoundationPilings
Frontage TypeMarsh Front, Sound Front
Fuel TankPropane Above Ground
Lot Acres1.14
Lot Dimensions263x101x47x148x237x247 83x114x80x110
Lot Water FeatureSalt Marsh, Third Row, Sound Side
MLS Identifier20150918160742258811000000
Parking FeaturesConcrete, Shared, Paved, Parking Lot, On Site, Lighted, Gravel, Covered
Road Type/Frontage2 - 3 Lanes, Paved, Public (City/Cty/St), Maintained
SqFt - Total Available16800.00
View TypeICW View, Water View, Sound View, Marsh View, Ocean View
Additional Details
Price History

Brian Inskip
North Carolina Coastal Real Estate Expert