MLS (capemay) #168356 - $11,875,000.00
801 A-F E Atlantic
Ocean City , NJ
multi-family
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ATTENTION ALL DEVELOPERS & INVESTORS ~ Here is your rare "Once In a Lifetime Chance" to acquire up to 2.3 ACRES of Prime BEACHBLOCK/OFF BOARDWALK Landmark Real Estate! Design, Create, Develop & Build Your Own Legacy In The Heart of Ocean City’ s New Hospitality Zone Overlooking Ocean City NJ Beach & Boardwalk — America’s Greatest Family Resort! Current Zoning permitted uses allows for INFINITE HOSPITALITY/COMMERCIAL /MIXED USE RESIDENTIAL FUTURE DEVELOPMENT POSSIBILITIES!!! The central location of these sale properties are indisputably positioned within Ocean City’s highest traffic volume for beach/boardwalk/hospitality/tourist destination spots. Driven by its most desirable size & location, your acquisition may prove to be an incredible development opportunity for approved uses. Subject Properties & their specific location was endorsed by the Rutger’s Hospitality Redevelopment Plan which lead to the creation of Ocean City’s new Hospitality Zone. The SIX deeded properties are each listed in MLS & includes: Four income producing multifamily/hotel properties: 801 Atlantic Ave; 811 Atlantic Ave; 825 Atlantic Ave; & 813 Moorlyn Terrace; and two existing parking lots w/146 spaces: 748 Boardwalk Rear & 821 E 8th St. In addition, an affiliated seller has two other single family homes strategically located at 725-727 Atlantic Ave, adjacent to existing parking lots. Total acquisition of all 8 properties would equal about 2.3 Acres of Prime BEACHBLOCK/Off -BOARDWALK property!


ATTENTION ALL DEVELOPERS & INVESTORS ~ Here is your rare "Once In a Lifetime Chance" to acquire up to 2.3 ACRES of Prime BEACHBLOCK/OFF BOARDWALK Landmark Real Estate! Design, Create, Develop & Build Your Own Legacy In The Heart of Ocean City’ s New Hospitality Zone Overlooking Ocean City NJ Beach & Boardwalk — America’s Greatest Family Resort! Current Zoning permitted uses allows for INFINITE HOSPITALITY/COMMERCIAL /MIXED USE RESIDENTIAL FUTURE DEVELOPMENT POSSIBILITIES!!! The central location of these sale properties are indisputably positioned within Ocean City’s highest traffic volume for beach/boardwalk/hospitality/tourist destination spots. Driven by its most desirable size & location, your acquisition may prove to be an incredible development opportunity for approved uses. Subject Properties & their specific location was endorsed by the Rutger’s Hospitality Redevelopment Plan which lead to the creation of Ocean City’s new Hospitality Zone. The SIX deeded properties are each listed in MLS & includes: Four income producing multifamily/hotel properties: 801 Atlantic Ave; 811 Atlantic Ave; 825 Atlantic Ave; & 813 Moorlyn Terrace; and two existing parking lots w/146 spaces: 748 Boardwalk Rear & 821 E 8th St. In addition, an affiliated seller has two other single family homes strategically located at 725-727 Atlantic Ave, adjacent to existing parking lots. Total acquisition of all 8 properties would equal about 2.3 Acres of Prime BEACHBLOCK/Off -BOARDWALK property!
Long and Foster Real Estate
Paul Bodo
iLoveSeaIsle.com
(609) 263-2267
idx@iLoveSeaIsle.com
Listing courtesy of:
KELLER WILLIAMS REALTY JERSEY SHORE oc

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Mortgage Amount defaults to 75% of listed price


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Listing courtesy of:
KELLER WILLIAMS REALTY JERSEY SHORE oc
Subject to errors, ommissions and changes without notice.