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MLS#:	252485
Property	Residential
Price:	$3,495,000.00
Location:	338 99th Street
City:	Stone Harbor
State:	NJ
Bedrooms:	3
Bathrooms:	1 and a half
Lot Size:	1 to 6000 SqFt
YearBuild:	1935
Taxes:	$6,864.00(2024)

338 99th Street Stone Harbor, NJ 252485 Add to List

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

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LOCATION
      Bay Front
      Island

CONSTRUCTION
      Two Story

EXTERIOR
      Vinyl

OUTSIDE FEATURES
      Deck
      Storage Building
      Dock/Boat Slip
      Bulkhead

OTHER ROOMS
      Living Room
      Dining Room
      Kitchen

HEATING
      Gas Natural

COOLING
      Ceiling Fan
      Gas

WATER
      City
      City

LOCATION
      Water Front

UNIT LOCATION
      Water View

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Let Compas Re be your buyer agent for this listing. Listing is provided by FERGUSON-DECHERT, INC and Cape May County MLS. 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.