Residential Land for Sale in Wildwood, New Jersey

341 E Oak Ave Wildwood, NJ 08260

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$9,600,000
0.69 acres
Active sale agoEst $71,641/mo

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.

Location

Street Address
341 E Oak Ave
Community
Wildwood City
School District
Wildwood City Schools
Elevation
7 feet
Coordinates
38.9882, -74.8107

Property details

MLS Number
TREND NJCM2004506
Date Posted

Property taxes

Recent
$24,008

This 0.69-acre property is located at 341 E Oak Ave in Wildwood, NJ 08260 with latitude 38.9882 and longitude -74.8107. The property is currently available for sale for $9,600,000 with a price per acre of $13,913,043. Listing data is sourced from Bright MLS # NJCM2004506.

Verify sale details at the property source or contact eXp Realty - Montclair at (866) 201-6210.

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Updated . Checked 1 hour ago. Parcel data by Regrid.

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