3925 Carolina Bch Rd, Wilmington, NC 28412-7216
- Mobile home & RV parks
- 2.23 lot acres
Current Use by Public Records
- ImUnique Boutique / Clothing & Fashion Store
Property Details for 3925 Carolina Bch Rd
- Lot size
- 2.23 lot acres
- Zone code
- R-15,RESIDENTIAL DISTRICT
- Property type
- Mobile home & RV parks
- APN
- R06500-003-025-000
- APU
- R06500003025000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 26, 2021 | — | 3925 Carolina Beach LLC | Mikez Hldngs LLC | Warranty Deed · related | — |
| May 5, 2020 | $485,000 | Mikez Holdings LLC | Peach Harbor LLC | Warranty Deed · related | — |
| Oct 11, 2019 | — | Peach Harbor LLC | — | Deed · related | $300k · 3925 LLC |
| Oct 2, 2019 | — | 3925 LLC | Rwh Properties LLC | Grant Deed · related | — |
| Sep 10, 2019 | $213,000 | Rwh Properties LLC | Stephens,h Kenneth II | Grant Deed | — |
| Oct 5, 2009 | — | Janet S Whitlock | Whitlock,janet S | Quit Claim Deed · related | — |
| — | — | Peach Harbor LLC | — | Deed Of Trust · related | $300k · 3925 LLC |
| — | — | Peach Harbor LLC | — | Deed Of Trust · related | $45k · Sid Bendahmane |
Description
This exceptional 2.23-acre parcel at 3925 Carolina Beach Rd, Wilmington, NC 28412, presents a compelling investment opportunity. Currently operating as a mobile home park, this property is ideally positioned for redevelopment as a multi-family Planned Unit Development (PUD). Located in the rapidly growing Carolina Beach Road corridor, just south of Independence Boulevard, the site offers significant potential. With the current MF-17 zoning, plans allow for up to 37 residential units. However, rezoning to MD-17 could increase density to 80 units, contingent upon designating at least 10% of the units as workforce housing. The property's strategic location is further enhanced by its proximity to Breezewood Condominiums (zoned MD-17) and a neighboring 225-unit residential development undergoing rezoning to MD-17. The seller will facilitate a conditional rezoning application during a due diligence period. This prime location and development potential make this a rare opportunity for investors seeking high-return multi-family projects in a thriving market. Please note that the property is currently occupied, and tenants should not be disturbed. The asking price for this exceptional property is $1,850,000.
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Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- New Hanover
- State
- North Carolina
- Longitude
- -77.9225
- Latitude
- 34.1729
- CBSA code
- 48900
- CBSA name
- WILMINGTON, NC METROPOLITAN STATISTICAL AREA
