1505 Yacht Avenue Active Save Request In-Person Tour Request Virtual Tour
Cape May,NJ 08204
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 251032
Annual Tax Amount $14,491
Tax Year 2024
Property Sub-Type Commercial/Industrial
Property Description
Once in a Lifetime Prime Waterfront Development Opportunity in Cape May An exceptional opportunity to develop 0.7 acres of waterfront property on Cape May's Yacht Ave. This rare offering includes approved plans for a seven-townhome condominium association with a small marina, creating an exclusive waterfront community in one of Cape May's most desirable locations. Situated in a highly walkable location, this property offers convenient access to the Marina District, where you'll find some of Cape May's most popular restaurants, including Lucky Bones, The Lobster House, and Meyer's. Just a short distance away, explore the charm of Historic Cape May, known for its Victorian homes, boutique shopping, and pristine beaches. Cape May is a premier destination for boaters and coastal enthusiasts, providing direct harbor access and a vibrant seaside atmosphere. Whether you're an investor, developer, or visionary buyer, this is a rare opportunity to bring a luxury waterfront project to life. For those seeking to create their own waterfront masterpiece, this property also presents the unique opportunity to design a private luxury estate with unparalleled harbor views. Imagine a custom-built home or two with expansive decks, private docks, and direct access to Cape May's premier boating waters—a haven for yachting, fishing, and waterfront living at its finest. Whether as a multi-unit development or a one-of-a-kind private retreat, this rare waterfront property is a blank canvas ready for your vision: Highlights – Dig Ready for 7 townhomes, 1 Existing renovated Historic Home, 17- 23 slips, 7 marina parking, marina bathroom room, 7 overflow residential parking, Garages for townhomes. Need a builder we can supply a fantastic local builder who has been involved from the beginning on this project.
Location
State NJ
County Cape May County
Area Cape May
Zoning R-5-HO
Interior
Hot Water Gas
Heating Gas Natural
Cooling Central Air Conditioning
Exterior
Exterior Feature Dock/Pier/Slip,Restrooms,Other (See Remarks)
Parking Features 11 Or More Spaces,Other (See Remarks)
Building
Lot Description Island,Water Front,Water View
Story 2
Sewer City
Water City
Structure Type Other (See Remarks)
Others
Acceptable Financing Other Financing
Listing Terms Other Financing
Virtual Tour https://my.matterport.com/show/?m=Jcg1WRCHKKj&mls=1