Mashura Group - Real Estate, Vacation Rentals, Custom Homes, Cleaning and Property Management ABOUT      SALES RENTALS   CUSTOM HOMES   CLEANING   PROPERTY MANAGEMENT  
 

338 99th Street, Stone Harbor - UNDER CONTRACT

$3,495,000

MLS: 252485   |   3 Bedrooms   |   1 Bathrooms   |   1 Half Baths   |   Single Family   |   On Market: 22 Days

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

AMENITIES

  • Deck   
  • Storage Building   
  • Dock   
  • Bulkhead   
  • Boat Slips   
  • Living Room   
  • Dining Room   
  • Kitchen   
  • Heating:Gas Natural   
  • Heater:Gas- Natural  
  • Cooling:Ceiling Fan  
  • City  
  • Two Story  

PROPERTY LOCATION / MAP
Last Database Update:11/04/2025 04:30:21

Let Mashura Group be your 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.
Request Information
338 99th Street, Stone Harbor
For Sale: $3,495,000 /MLS: 252485
Bed:3 | Bath:1| Half Baths:1 | LOT:30x110 DOM:22
Request Information
Mashura Group
Phone 526 Sea Isle Blvd., Ocean View New Jersey Facebook Instagram
HOME  -  RENTALS  -  CUSTOM HOMES  -  CLEANING  -  PROPERTY MANAGEMENT  -  CONTACT
ABOUT:    MEET THE TEAM  -  TESTIMONIALS  -  DIRECTIONS  -  EMAIL ALERTS
SALES:    FEATURED  -  SEARCH MLS  -  RECENTLY SOLD  -  LIST WITH US  -  POPULAR LOCATIONS
STONE HARBOR  -  AVALON  -  SEA ISLE CITY  -  STRATHMERE  -  OCEAN VIEW  -  CLERMONT  -  SEAVILLE