Property Details for 33 Boardwalk

Year built

1888

Property size

2,452 SF

Property type

Residential income homes

Description

This exceptional investment opportunity presents a unique chance to acquire a multi-family compound situated on over half an acre of bayfront property in the desirable Grassy Sound Meadows community of North Wildwood, New Jersey. The property boasts three buildings, including a large two-bedroom, 1.5-bathroom home featuring a family room, living room, dining room, and kitchen, offering ample space for expansion. A second two-bedroom, one-bathroom chalet-style home provides additional living space, with the second bedroom and ensuite bathroom located upstairs, offering stunning bay views. The property also includes a private beach and boat house. Built in 1888 and renovated in 1990, the 2,452 square foot property sits on a 29,040 square foot lot, zoned for multi-family use. The property's location on the intercoastal waterway provides easy access to the ocean. This fee-simple ownership offers diverse potential uses, including year-round living, summer rentals, short-term vacation rentals, or even subdivision or condo conversion. The property's history of family ownership for over 50 years speaks to its enduring appeal and potential for continued success. This is a rare opportunity to own a significant piece of prime New Jersey coastal real estate. The asking price is $999,000.

Location Insight

City

Middle Township

County

Cape May

State

New Jersey

Longitude

-74.8122

Latitude

39.0303