3925 Carolina Beach Rd, Wilmington, NC

$1,850,000

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97,139

Square feet

2.23

Acres

About 3925 Carolina Beach Rd

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.

Features of 3925 Carolina Beach Rd

MLS® # 100435096
Price $1,850,000
Square Footage 97,139
Acres 2.23
Type Land/Acreage/Site
Sub-Type Residential
Status Active

Community Information

Address 3925 Carolina Beach Rd
Area Not In Subdivision
Subdivision Not In Subdivision
City Wilmington
County New Hanover
State NC
Zip Code 28412

Amenities

Amenities No Amenities
Utilities Municipal Water, Municipal Sewer
Is Waterfront No

Additional Information

Date Listed March 26th, 2024
Days on Market 319
Zoning R-15
Foreclosure No
Short Sale Yes
RE / Bank Owned No

Listing Details

OfficeCoastal Properties

Listing Map

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