2701 Ocean Avenue

$4,100,000, 1 Bed

About This Property

Developers and Investors Alert, for this rare opportunity to acquire a massive 180' x 324' beach block, water view, corner lot in Wildwood's Tourist & Entertainment Zone! Over 9 million visitors a season per The Greater Wildwoods Tourism Improvement and Development Authority. Sits just off the famous Wildwood Boardwalk; a well-known and reputable tourist attraction with restaurants and entertainment for the whole family. The newly priced property is bank owned and is currently operating as a large parking lot that is almost an entire City Block generating fantastic income. Prior Cafra Approvals include: a 23 Story High Rise Condo/Hotel Hybrid. Also Possible are Four Mid-Rise Buildings with 15 Units each. All inquiries should be directed to the agent.

Essential Information

MLS® #184317
Price$4,100,000
Bedrooms1
TypeLots/Land
Sub-TypeCommercial Vacant Lot
StatusACTIVE

Community Information

Address2701 Ocean Avenue
AreaWildwood
CityWildwood
StateNew Jersey

Amenities

Is WaterfrontYes
WaterfrontBeach Block

Additional Information

Date ListedOctober 3rd, 2018
Days on Market352
ZoningTE

Listing Details

OfficeRE/MAX At The Shore

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Cape May, NJ
08204

Office: 609.884.3332

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