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$1,850,000
Est. payment /mo
2.23 Acres Lot
UPDATED:
10/14/2024 09:19 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Not In Subdivision
MLS Listing ID 100435096
HOA Y/N No
Originating Board North Carolina Regional MLS
Annual Tax Amount $2,620
Lot Size 2.230 Acres
Acres 2.23
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.
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
Location Details Mainland
Rooms
Other Rooms Manufactured Home
Building
Lot Description Development
Sewer Municipal Sewer
Water Municipal Water
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 None
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Listed by Coastal Properties
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