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338 99th Street, Stone Harbor, NJ - UNDER CONTRACT
For Sale: $3,495,000
Beds: 3     Baths: 1
Type: Single Family
    Lot: 30x110     DOM: 22 Days
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PROPERTY DESCRIPTION
THE LOWEST PRICED SINGLE FAMILY BAYFRONT OFFERING IN ALL OF STONE HARBOR! Located in one of 7 Mile Island s premier neighborhoods this very special BAYFRONT property offers a unique combination of bayfront lifestyle and easy access to the heart of Stone Harbor. The current house is perfect for a renovation project or start fresh with a new build! Take advantage of current owner being one of the highest end builders on the island and offering multiple strategies to best suit buyer's needs! See options below **Limited time offering as construction will begin in approximately two weeks at which time this will no longer be available for sale at this price ** Option 1 - Buy the current house land and have the current owner builder build a brand new house and obtain approvals for $1.3M. With nearby comps selling at 5.4M+ this will allow new buyer to have approximately $600-700K in instant equity. If this option is chosen, the new house will likely have 4 bedrooms 3 baths, pool, ground level garage storage. Reach out for an example of newer build on same size lot. Option 2 - Buy the current house land and have the current owner who is a builder fully renovate the entire house for approximately $500K. Current renovation plan consist of a 4 bedroom 3 bath house with living space on 1st floor bayside. This option is likely to also yield new owner instant equity
PROPERTY FEATURES
  • Deck 
  • Storage Building 
  • Dock 
  • Bulkhead 
  • Boat Slips 
  • Living Room 
  • Dining Room 
  • Kitchen 
  • Heating:Gas Natural 
  • Heater:Gas- Natural 
  • Cooling:Ceiling Fan 
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338 99th Street, Stone Harbor NJ

  For Sale: $3,495,000   |   DOM: 22 Days  

Provided by: Tim Kerr Sotheby's International Realty - www.tksir.com
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Let a sales associate at Tim Kerr Sotheby's International Realty be the buyer agent for this listing. Listing is provided by FERGUSON-DECHERT, INC. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.
Tim Kerr | Avalon and Stone Harbor New Jersey
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