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3313-3315 Bay Ave

1.1 Acres of Commercial Land Offered at $9,921,940 CAD in Ocean City, NJ 08226

Commercial Land New Jersey Ocean City 3313-3315 Bay Ave, Ocean City, NJ 08226

Executive Summary

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.

Attachments

Seaspray Flyer

Property Facts

Price $9,921,940 CAD Property Type Land
Sale Type Investment Property Subtype Commercial
No. Lots 1 Total Lot Size 1.10 AC
Price $9,921,940 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 1.10 AC

1 Lot Available

Lot

Price $9,921,940 CAD Lot Size 1.10 AC
Price Per AC $8,985,442 CAD
Price $9,921,940 CAD
Price Per AC $8,985,442 CAD
Lot Size 1.10 AC

Prime Real Estate, Redevelopment Opportunity. Existing building consists of 32 condo units. Located just off of The Garden State Parkway in desirable Ocean City, NJ. Corner 34th and Bay Ave.

Description

Nestled in the heart of Ocean City, NJ, this property features a two-story residential condominium complex comprising 32 units.

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3313-3315 Bay Ave, Ocean City, NJ - aerial map view

zoning

Zoning Code C2
C2
(856) 872-4100

  • Listing ID: 32393461

  • Date on Market: 2024-07-09

  • Last Updated:

  • Address: 3313-3315 Bay Ave, Ocean City, NJ 08226

The Land Property at 3313-3315 Bay Ave, Ocean City, NJ 08226 is currently available For Sale. Contact Sabal Real Estate for more information.

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3313-3315 Bay Ave
(856) 872-4100 x

3313-3315 Bay Ave

Jenifer Raffa

(856) 872-4100

(856) 872-4100

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