801 Wesley Ave , Ocean City NJ

$3,000,000 | $13,825 / Month*

Courtesy of Keller Williams Realty Jersey Shore-Ocean City
MLS #556857



Lot Description: See Remarks, Boardwalk Area
Property Location: See Remarks, Boardwalk Area
Zoning: Mixed Use, Multi Family
Foreclosure: No
Location: See Remarks, Boardwalk Area
Utilities: Cable, Electric, Gas, Sewer, Water

INCREDIBLY RARE OCEAN CITY MIXED USE/MULTI-FAMLY 7-8 Unit Condo Development Project Opportunity! LOCATION-LOCATION-LOCATION! Located in highly coveted central part of island, this huge Premier Double-Wide CORNER LOT measures a whopping 100 ft x 105 ft & is situated in Central Business Zone, which allows for Mixed Use/Multi-Family development w/90% of allowable lot coverage. A few short blocks to Ocean City’s pristine family beaches & world famous Boardwalk, this property is located along walking corridor that connects popular Asbury Avenue Shopping District to the heart of Ocean City's 2.5 mile Boardwalk. Many options here to explore! Proposed drawings for 3-story MIXED-USE/MULTI-FAMILY BUILDING consists of two to three (2 to 3) commercial condos strategically off both street corners of ground floor; five (5) residential units with private out door decks & elevator to each unit; and spectacular large rooftop swimming pool w/common area rooftop patios --all w/breathtaking ocean views, plus covered parking in the back of building. Specifically, the residential units consists of four (4) ONE-OF-A-KIND high-end luxury units, ranging from 4-6 bedrooms w/5-6 bathrooms each & complete with all high-end kitchens, appliances & carpentry finishes ranging between 3,000 to 4,000 sq ft each. There is also one (1) smaller 2-bedroom/2-bath approx 1,100 sq ft unit planned. Building is 40 ft high and boasts ocean views. Call for more info, schedule site visit, and submit your offer today.

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