323 E OAK AVE

Estimated Monthly Payment: $13,255/mo 323 E OAK AVE, Wildwood City, NJ 08260 MLS# 7115080 Area: Wildwood City (20514) Lot/Land/Farm Listing Status: Active
50
1
0
0

REMARKS:

Check out this incredible, once-in-a-lifetime opportunity to change Wildwood's skyline forever. This ~ 1-acre lot of land is less than 150' from the famous Wildwood boardwalk & beach, and just a short 5-minute walk from popular tourist locations like Morey's Pier, Surfside Pier, Sam's Pizza, the Wildwood Convention Center, etc. This property is currently approved for a ten-story hotel; with plans for 222 parking spaces, which are located from the ground floor to the 3rd floor. The 4th-floor is designated as a lobby and dining area. The 5th through 9th-floors are designated as hotel rooms, and the 10th-floor is currently designated as an indoor pool and recreation area. However, the possibilities are endless when it comes to potential hotel/motel designs; as long as you're willing to put in the work and develop this property, you could have yourself a real gem.

OVERVIEW:

Lot/Land/Farm - REO/Bank Owned
Active
Wildwood City (20514)
NONE AVAILABLE
Level
Public
Public Sewer
0.98
200 X 180
Ocean, WaterView
Corner Lot, Water View

SCHOOLS:

Wildwood City

FINANCIAL:

$1,950,000
$52,357
2017

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of BHHS Fox & Roach-Washington-Gloucester 

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