Bring a developer's dream to life! This extraordinary opportunity awaits you to create a breathtaking oasis of 48 ocean view condos just steps to the beach. The vision promises a lifestyle that merges luxurious modern design, panoramic vistas, and the mesmerizing allure of the sea. The land is currently a functioning parking lot that measures 150' x 200' totaling 30,000 sq ft. But imagine 48 impeccably designed condos adorned with private balconies that capture enchanting ocean panorama. 40 of the units will offer 3 bedrooms with en suite baths, a den, powder room and laundry room while the other 8 include 3 bedrooms with en suite baths, powder room and laundry room. The architecture embraces a contemporary and elegant aesthetic, complimentary to the coastal charm of Wildwood. This visionary development includes two elevators and two levels of parking, thoughtfully designed to accommodate 2 parking spots per unit, making coastal adventures and day-to-day routines a breeze. You can even hit the gym or take laps in the rooftop pool while watching the sunset on the horizon! Seize the opportunity to team up with an experienced developer to make your mark on the coastline, and create an enclave of luxurious ocean view condos that will captivate hearts and stand the test of time. Development plans available. Asking price includes plans with local approvals. With state/CAFRA approvals, including all drawings required for permit-ready, the asking price is 12M. Additionally, the Seller (or its assignee or nominee in its sole discretion) will retain a 30-year lease on the ground level parking lot in its current dimensions at $10,000 per year paid in arrears.
Courtesy: ATLANTIS REALTY
Location! Location! Location! Wildwood, NJ has been a yearly vacation destination for hundreds of thousands of people for generations! 401 East Maple Avenue is within steps to the newly finished boardwalk and has a new street end and new beach entrance. Ocean Avenue frontage is approximately 180 feet. Close to the dog park! It is an Opportunity Zone/TE Zone (Wildwood Tourism Entertainment Zone). The property is currently used as a parking lot with 2 apartments and a large garage. Steps to the beautiful, free Wildwood Beaches. Maple Avenue Beach is one of the largest/widest beaches in Wildwood! The possibilities are endless! This location is ripe for development and is right in the heart of all The Wildwoods has to offer including award winning restaurants, gift shops, amusement piers, water parks and so much more!
Courtesy: HOFFMAN AGENCY
PRIME LOCATION....ACROSS FROM BEACH AND BWALK. PARKING LOT GOES FROM OCEAN TO ATLANTIC AVENUES. PRIME FOR HOTEL, MOTEL AND OTHER COMMERICAL USES ENDLESS POSSIBILITIES. THIS AREA IS ONE OF THE HOTEST AREAS IN WILDWOOD FOR DEVELOPMENT. DOESN'T GET ANY BETTER. ROADMAP FOR SUCCESS: HAVE THE VISION; REALIZE THE IMPACT; AND SEE THE GROWTH. SKY IS THE LIMIT.
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Wildwood is located in New Jersey. Wildwood, New Jersey has a population of 5,113. Wildwood is less family-centric than the surrounding county with 22.88% of the households containing married families with children. The county average for households married with children is 25.39%.
The median household income in Wildwood, New Jersey is $44,476. The median household income for the surrounding county is $76,237 compared to the national median of $69,021. The median age of people living in Wildwood is 45.6 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 26.6 degrees. The average rainfall is approximately 44.3 inches per year, with 11.6 inches of snow per year.
