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1505 N Ocean Avenue

Seaside Park, NJ 08752
  • $9,200,000
  • STATUS: Active
  • ON SITE: 137 Days
  • MLS #: 22200016
UPDATED: 28 min ago
$9,200,000
  • 0
    BEDS
  • 0.53
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

Amazing oceanfront commercial /development opportunity in Seaside Park! Benefit from the best location moments to the boardwalk and sandy beach, and incredible potential on the coveted Jersey Shore. Now available for sale and occupying an entire oceanfront block, The Desert Palm Inn is presently operating as a 51-room motel/hotel complete with 51 parking spaces, an in-ground pool, a manager's apartment, and laundry facilities. The unique property is ideal for the investor to own as is or seasoned developer seeking prime real estate to build desirable condominiums or oceanfront homes. The building is in excellent well-maintained condition with comfortable, generously-sized rooms featuring outdoor decks, ocean views, hardwood floors, AC units, legal heat, TV's, nicely tiled full baths andmore. Seize a rare offering with many possibilities, right on the Seaside Park oceanfront!

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© 2022 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Data last updated 2022-05-19T17:20:22.803.
www.sellwithsikora.com/homes/124376988
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1505 N Ocean Avenue Seaside Park, NJ 08752

  • Price: $9,200,000
  • Status: Active
  • On Site: 137 Days
  • Updated: 28 min ago
  • MLS #: 22200016
0
Beds
0
Baths
0
½ Baths
0.53
Acres
County:
Ocean
Area:
Seaside Park (SEP)
Property Description
Amazing oceanfront commercial /development opportunity in Seaside Park! Benefit from the best location moments to the boardwalk and sandy beach, and incredible potential on the coveted Jersey Shore. Now available for sale and occupying an entire oceanfront block, The Desert Palm Inn is presently operating as a 51-room motel/hotel complete with 51 parking spaces, an in-ground pool, a manager's apartment, and laundry facilities. The unique property is ideal for the investor to own as is or seasoned developer seeking prime real estate to build desirable condominiums or oceanfront homes. The building is in excellent well-maintained condition with comfortable, generously-sized rooms featuring outdoor decks, ocean views, hardwood floors, AC units, legal heat, TV's, nicely tiled full baths andmore. Seize a rare offering with many possibilities, right on the Seaside Park oceanfront!
Exterior Features

Location Business DistrictCom DistrictNear Parkway AccessResidentlal District Lot Description BeachfrontMajor FrontageOceanfrontPossible SubdivisionSidewalks Lot Dimensions 200 X 115 Outbuildings Other - See Remarks Water Type OceanfrontOceanview Water View Yes Waterfront Yes

Property Features

Assessment Status Assessed Assessment Total 2693400.00 Cable At Street Deed Restrictions No Electric At Street Farm Assessed No Gas At Street Improvements Assessment 1558300.00 Land Subtype Residential Land Lease No Min Lot Acres 23000 Tax Year 2021 Taxes 40913.00 Water Sewer Public Sewer At StreetPublic WaterPublic Water At StreetPublic Water On Site Zoning CommercialConforming UseMulti-UseOfficeProfessionalResidentialSingle Family

Listing information © 2022 Monmouth-Ocean MLS. Listing provided courtesy of Anthony Conselice of Arthur Rue Agency.


© 2022 Monmouth-Ocean MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty. Data last updated 2022-05-19T17:20:22.803.
 
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28 Valley Rd Suite 1
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