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Land for sale in Atlantic Beach North Carolina

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$4,500,000 4.23 acres
715 Fort Macon Road, Atlantic Beach, NC 28512 - Carteret County

4.23 acres Atlantic Beach, NC

A unique opportunity to build up to 84 condominiums within an existing development at Atlantic Beach, North Carolina. This project replaces 14 demolished buildings within the pre-existing footprint. Streets, parking, sewer system, direct beach access to private ocean beach, 2 outdoor pools, 1 indoor pool, playground, plus other amenities galore are already in place. Total estimated value of all amenities and infrastructure is $2.9MM. You only have to build the buildings, which can be built in phases to limit your financial exposure. Permitting should be simple to re-create this highly profitable venture. City officials and the existing development will welcome this project. See Lisiting - MLS#100019317 Commercial Sale/Lease - For Same