Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    200 Atlantic Beach Cswy Atlantic Beach, NC 28512

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,499,900

    Charming, fully furnished hotel with private dock and boat slips.

    Lot size:
    0.28 Acres

    Property Features for 200 Atlantic Beach Cswy

    General Information

    Standard status
    Active
    Lot size
    0.28 Acres

    Building Details

    Year built
    1950

    We can help!

    Listing Contact
    Bradberry Garner Real Estate
    Bradberry Garner Real Estate
    Source: Exitrealty

    Listing Agency: Keller Williams Crystal Coast Listing Agent: Bradberry Garner Real Estate

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Furnished Hotel with Deepwater Boat Slips

    The Fisherman's Inn is a fully furnished hotel located in Atlantic Beach. The property features 8 furnished guest rooms, each equipped with window unit AC/heat, a small refrigerator, microwave, and TV. A bunkhouse room accommodates up to 6 guests. The property includes office and living quarters for an onsite manager. A newly built private dock behind the hotel features 5 deeded deepwater boat slips, suitable for short and long-term rentals, catering to fishing and diving opportunities. Guests can use picnic tables for waterfront views while grilling and dining. The location along the ICW attracts fishing enthusiasts, divers, and beach lovers. Nearby beaches, local dining, and shopping provide entertainment and relaxation options. The boat slips add a revenue stream. The property is positioned for success in a coastal area.
    Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Atlantic Beach
    County
    Carteret
    State
    North Carolina
    Longitude
    -76.7375755
    Latitude
    34.7025293

    Nearby Similar for Sale

    • New
      $995,000
      1,964 SF

      Furnished Investment Property Near Beach

      Versatile, furnished property near Atlantic Beach with rental history.
      205 Barefoot Lane Ext, Atlantic Beach, NC 28512
      View Details
    • $894,000
      2,167 SF

      Ocean View Investment Opportunity

      Four-unit multifamily property with ocean views and beach access.
      217 W Atlantic Blvd, Atlantic Beach, NC 28512
      View Details
    • New
      $1,250,000
      3,828 SF

      Atlantic Beach Duplex with Income

      Rare duplex in desirable location with income potential.
      105 Winston Ave, Atlantic Beach, NC 28512
      View Details
    • $1,575,000
      3,710 SF

      Atlantic Beach Renovated Rental Property

      Seven fully furnished units near the beach, restaurants, and shopping.
      119 W Bogue Blvd, Atlantic Beach, NC 28512
      View Details

    FAQs

    What type of property is this?
    Hotel - Charming, fully furnished hotel with private dock and boat slips.
    Where is this hotel located?
    The property is located at 200 Atlantic Beach Cswy Atlantic Beach, NC.
    What is the asking price?
    The asking price for this property is $2,499,900.
    What are key features of this property?
    This property features: - 5 deeded deepwater boat slips with rental income potential; - Fully furnished, turn-key 8-room hotel in a desirable Atlantic Beach location; - Prime ICW waterfront location attracts fishing enthusiasts, divers, and beach lovers
    (252) 515-0552
    Request Owner's contact information
    200 Atlantic Beach Cswy Atlantic Beach, NC 28512
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    200 Atlantic Beach Cswy
    Atlantic Beach, NC 28512
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 Atlantic Beach Cswy Atlantic Beach, NC 28512
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Bradberry Garner Real Estate
    Bradberry Garner Real Estate
    Real Estate License ID: C36137
    (252) 515-0552 (252) 515-7291
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!