NJ > Cape May > Cape May City
Cape May, NJ 08204,1505 YACHT AVE
Cape May, NJ 08204,1505 YACHT AVE,Video Tour
Cape May, NJ 08204,1505 YACHT AVE
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$7,250,000
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1505 YACHT AVE Cape May, NJ 08204

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Hope Greenlee

Hope Greenlee

+1(443) 743-0551

UPDATED:

Key Details

Property Type Commercial

Sub Type Land for Commercial Use

Listing Status Pending

Purchase Type For Sale

Subdivision Cape May City

MLS Listing ID NJCM2005008

Year Built 1900

Annual Tax Amount $14,491

Tax Year 2024

Lot Dimensions .7366

Property Sub-Type Land for Commercial Use

Source BRIGHT

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, 1Existing 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

Area Cape May City (20502)

Zoning R-5

Interior

Hot Water Natural Gas

Heating Other

Cooling Other

Equipment See Remarks

Heat Source Other

Exterior

Garage Spaces 11.0

Water Access Y

Accessibility Other

Total Parking Spaces 11

Garage N

Building

Sewer Public Hook/Up Avail

Water Public

New Construction N

Schools

School District Cape May

Others

Tax ID 02-01160-00006

Ownership Other

Acceptable Financing Other

Listing Terms Other

Financing Other

Special Listing Condition Standard

Virtual Tour https://my.matterport.com/show/?m=Jcg1WRCHKKj

Bright MLS (BMLS)
Hope Greenlee
Bobbi Evans
R.J. Breeden
Hope Greenlee
Hope Greenlee
Agent License ID: 658745

Phone +1(443) 743-0551

Address 1425 Clarkview Rd, Baltimore, MD, 21209, USA

Website https://hopegreenleerealtor.com/

Hope  Greenlee is a seasoned Realtor with 17 years of experience in the real estate industry. She hails from Baltimore County, is a proud graduate of Parkville High School, and pursued a business degree in Pittsburgh, Pennsylvania. With a background as a Multi-Site Property Manager spanning over two decades across Maryland, Hope has honed her skills and expertise in various facets of real estate. She is a devoted mother to five children and a passionate, market-savvy professional who prioritises her clients' satisfaction and best interests above all else. Hope's approach is characterised by professionalism, patience, and unwavering loyalty, ensuring a seamless and satisfying real estate experience. She is now part of The Breeden Group of Berkshire Hathaway Homesale Realty.

Hope Greenlee

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Phone

+1(443) 743-0551

Address

1425 Clarkview Rd, Baltimore, MD, 21209, USA

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