$1,850,000 $9,650 est/mo Sourced by Back At You

3925 Carolina Beach Road,Wilmington, NC 28412

Wilmington NC, 28412

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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.

Details

MLS#100435096
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site59
Listing Provided ByCoastal Properties | John C Horton

Features

ZoningR-15
Acreage2.23

Market Activity 28412

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Listings Checked: 3 minutes ago
StateNC
CountyNew Hanover
CityWilmington
Zip Code28412
AreaNew Hanover
Community NameNot In Subdivision
School DistrictAshley
Elementary SchoolWilliams
Middle SchoolMyrtle Grove
High SchoolAshley
Listing VS Median (in Not In Subdivision)
Price:
$1,850,000
low | high
Med:
$275,000
100% of Average
On Site:
59
low | high
Med:
225
26.222222222222% of Average
Sourced by Back At You
Listing Updated: May 20, 2024 at 12:05:31 PM PDT