300-302-304-306 99th Street

$5,800,000

About This Property

This distinctly rare opportunity to own two successful vacation rental guest homes and two successful commercial storefront units is finally on the market. This large residential and commercial property sits on one of the busiest corners in Stone Harbor, on the North West side of 99th and Third Avenue. You are perched above the corner of the highly sought after Shelter Haven basin. Only two and a half blocks to the beautiful beaches of Stone Harbor and uniquely smack in the middle of the central business district of Stone Harbor. The Large Guest House Unit 306 is a whopping eight bedrooms and eight baths that sleeps 16 guests and boasts unobstructed beautiful bay views. This guest house is always fully reserved with great rental income available. Guest house unit 304 included in the sale is a 4 bedroom 2 bath vacation rental that sleeps 8. Also perched above the basin of Shelter Haven this unit has amazing bay views is meticulously maintained and often fully reserved for maximum rental income potential. Both Guest homes are easily within walking distance to the beaches and all of the first class shopping, dining and entertainment that Stone Harbor has to offer. In addition to vacation rental homes this sale will also include the two commercial store-fronts which are currently "The Sea Foam Soap Company" and "Blue Eden", two very popular and successful business that have become staples in the Stone Harbor community. In the rear of the property you have access to Shelter Haven which gives you and the guests opportunities to launch kayaks, stand-up paddle boards, or even Jet-ski docking. This sale is ripe with opportunity for investment and a rock-solid foundation for the Seven Mile Island lifestyle.

Essential Information

MLS® #221708
Price$5,800,000
TypeMulti-Family
Sub-TypeOther
StatusACTIVE

Community Information

Address300-302-304-306 99th Street
AreaStone Harbor
CityStone Harbor
StateNew Jersey

Amenities

ViewWater View
Is WaterfrontYes
WaterfrontBay Front, Water Front

Interior

CoolingCentral Air, Multi Zoned
BasementOther

Heating

Forced Air, Multi-Zoned, Gas Natural

Exterior

Exterior Features

Bulkhead, Deck, Fenced Yard, Grill, Outside Shower, Sidewalks

Additional Information

Date ListedJune 1st, 2022
Days on Market74

Listing Details

OfficeDILLER FISHER REALTORS

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