Property
Wilmington, NC 28412 3925 Carolina Beach Road
$1,850,000
Presented By: Coastal Properties
Home Details
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.
Presented By: Coastal Properties
Interior Features for 3925 Carolina Beach Road
Other Interior Features
Street SuffixRoad
General for 3925 Carolina Beach Road
CityWilmington
City LimitsYes
Cobra ZoneNo
CountyNew Hanover
Days on Market247
Geo Lat34.172837
Geo Lon-77.922517
HOANo
HOA and Neigh AmenitiesNo Amenities
Listing Member NameJohn C Horton
Location TypeMainland
Lot Sqft97139.00
PossessionAt Closing
Property TypeB
Secondary SubdivisionN/A
Special AssessmentsNone
StatusActive
Stipulation of SaleNone
Sub-TypeResidential Land
SubdivisionNot In Subdivision
Tax Assessed Value310100.00
Tax Year2023
Terms1031 Exchange, Cash
TopographyCleared, Wooded
UtilitiesMunicipal Sewer, Municipal Water
WaterviewNo
ZoningR-15
current useMobile Home Park
Exterior for 3925 Carolina Beach Road
Acres2.23
Buildings on PropertyManufactured Home
Environmental HazardUnknown
Fuel TankNone
List Price/Acre829596.41
Lot DescriptionDevelopment
MLS Identifier20150918160742258811000000
Road Type/FrontagePublic (City/Cty/St)
Soil EvaluationSoil Evaluation - No
Total Road Frontage300
WaterfrontNo
Additional Details
Price History
Brian Inskip
North Carolina Coastal Real Estate Expert