Active
3313-3315 Bay Ave
Ocean City NJ, 08226
$7,000,000
$157.55 per sqft
Active
1.02 Acres
Land
Located at the corner of 34th and Bay Ave in Ocean City, NJ, this property offers a prime real estate opportunity with significant redevelopment potential. Currently housing 32 condo units, its proximity to The Garden State Parkway enhances its desirability, providing convenient access to transportation and nearby amenities. Ocean City itself is renowned for its beaches and community atmosphere, making it a sought-after location for both residents and vacationers. The existing property presents a great opportunity for redevelopment, catering to developers looking to enhance the property's value through modernization or expansion. This investment opportunity not only promises attractive returns but also aligns with the vibrant coastal lifestyle that Ocean City is known for, making it a compelling option in the region's competitive real estate market.
589469
MLSⓇ ID
September 26, 2024
Listed
December 9, 2024
Updated
Map
3313-3315 Bay Ave
Ocean City NJ, 08226
Exterior/Building Features
Lot Size
1.02 Acres
Other Property Details
Area Name
Ocean City/Bay Area
Garage
No
View
No
County
Cape May
Pool
No
Listed by JENIFER RAFFA with SABAL REAL ESTATE
Listing Contact:
The IDX display contains information sourced from the South Jersey Shore Regional MLS as of 12/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 12/9/2024 at 10:19 PM UTC