3925 Carolina Beach Road, Wilmington, NC 28412

$1,850,000
List Price
$1,850,000
Status
ACTIVE
MLS#
100435096
Days on Market
32
Acres
2.23
Neighborhood
Not In Subdivision
Stipulations
None

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.

Additional Information

Taxes
$2,620
Available Amenities
No Amenities
Exterior Features
Development
Lot Information
Development
Elementary School
Williams
Middle School
Myrtle Grove
High School
Ashley

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Coastal Properties.

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