9727 3rd Avenue , Unit A-1

Description

Rare opportunity to own a premier bayfront property in the heart of Stone Harbor’s exclusive Waterfront Business District (WBD). Ideally located on Shelter Haven Basin, this exceptional parcel offers approximately 45 feet of direct bay frontage, complete with two permitted boat slips and a newly constructed CAFRA/NJDEP-approved bulkhead and dock. Currently configured as a four-bedroom, 2.5-bath residence, the property also includes a dedicated office space on the street side of the home—formerly used as an architect’s office—offering excellent flexibility for live/work or professional use. Positioned in one of the island’s highest-traffic commercial corridors, just one block from The Reeds at Shelter Haven, the movie theater, and a vibrant collection of shops and restaurants along 96th Street and Third Avenue, this property offers unmatched visibility and accessibility. Governed by Stone Harbor’s WBD zoning (§560-19), the site is uniquely designed to maximize waterfront commercial potential. By-right uses include mixed-use development with commercial or retail space on the first floor and residential townhome living above, as well as professional or medical offices and marine-related uses such as boat rental or storage. With no floor area ratio (FAR) restrictions and no maximum lot coverage, developers and investors benefit from exceptional design flexibility—an increasingly rare advantage in today’s market. Opportunities of this caliber in Stone Harbor’s premier waterfront commercial district seldom become available. This is a standout investment for those seeking a high visibility, high-potential bayfront location. The fifth picture is an artist rendering of a potential future look for this site. The property can be converted to a single family dwelling.