Wilmington, NC 28412,3925 Carolina Beach RD
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1st Class Real Estate Coastal Choice

1st Class Real Estate Coastal Choice

+1(910) 418-1560
$ 1,850,000
Est. payment | /mo

2.23 Acres Lot


Save
$ 1,850,000
Est. payment | /mo
Save

2.23 Acres Lot

Key Details

Property Type Other Types

Sub Type Residential Land

Listing Status Active

Purchase Type For Sale

Subdivision Not In Subdivision

MLS Listing ID 100435096

HOA Y/N No

Lot Size 2.230 Acres

Acres 2.23

Property Sub-Type Residential Land

Source Hive MLS

Property Description

3925 Carolina Beach Rd presents a unique and rare opportunity for a developer to create a multi-family Planned Unit Development in the rapidly developing Carolina Beach RD corridor. Located just south of the Independence BLVD intersection, this 2.23 acre parcel holds the opportunity for 37 residential units with rezoning to MD-17. Density may be increased to 80 units if at least 10 percent of the total number of residential units are designated as workforce housing.

The property borders Breezewood Condominiums (zoned MD-17) and adjacent to 3913 Carolina Beach Rd, a 225 unit residential development currently rezoning from R-15 to MD-17.

Owner will authorize conditional rezoning application during an examination period.

The property currently operates as a mobile home park. Please do not disturb the tenants.

Location

State NC

County New Hanover

Community Not In Subdivision

Zoning R-15

Direction South of Carolina Beach Dr and Independence BLVD

Rooms

Other Rooms Manufactured Home

Exterior

Utilities Available Sewer Available, Water Available

Amenities Available None

Building

Lot Description Development

Water Public

Schools

Elementary Schools Williams

Middle Schools Myrtle Grove

High Schools Ashley

Others

Tax ID R06500-003-025-000

Acceptable Financing 1031 Exchange, Cash

Listing Terms 1031 Exchange, Cash

Special Listing Condition Standard

Hive MLS / Savannah / Classic / (NCRMLS) / Cape Fear Realtors
Listed by Coastal Properties
1st Class Real Estate Coastal Choice

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(910) 418-1560

support@1stclasscoastalchoice.com

1724 Gardner Dr, Wilmington, NC, 28405, USA

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3925 Carolina Beach RD