3313 Bay Ave - Dormitory FOR SALE


Ocean City, NJ 08226
$7,000,000 USD
609-381-9350
3313 Bay Ave, Ocean City, NJ for Sale
$7,000,000 USD
Dormitory - FOR SALE
1/3
null | Request Cap Rate

3313 Bay Ave
Ocean City, NJ 08226


HIGHLIGHTS

  • Prime Real Estate, Redevelopment Opportunity.
  • Existing building consists of 32 condo units
  • Located just off of The Garden State Parkway in desirable Ocean City, NJ.
  • This development opportunity offers a blend of financial rewards, community benefits, and personal fulfillment
  • Popular Destination: Ocean City is a premier familyfriendly vacation spot.
  • Growing Market: The city's appeal continues to attract new residents.

OVERVIEW

Prime Real Estate, Redevelopment Opportunity. Existing building consists of 32 condo units. Located just off of The Garden State Parkway in desirable Ocean City, NJ. Corner 34th and Bay Ave.

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$389 USD /SF

# OF UNITS

32

PRICE/UNIT

$218,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Seaspray Condominiums

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,577 SF

ZONING

C2

APN/PARCEL ID

08-03306-0000-00001-0000-C1,08-03306-0000-00001-0000-C10,08-03306-0000-00001-0000-C11,08-03306-0000-00001-0000-C12,08-03306-0000-00001-0000-C14,08-03306-0000-00001-0000-C15,08-03306-0000-00001-0000-C16,08-03306-0000-00001-0000-C17,08-03306-0000-00001-0000-C18,08-03306-0000-00001-0000-C19,08-03306-0000-00001-0000-C2,08-03306-0000-00001-0000-C20,08-03306-0000-00001-0000-C21,08-03306-0000-00001-0000-C22,08-03306-0000-00001-0000-C23,08-03306-0000-00001-0000-C24,08-03306-0000-00001-0000-C25,08-03306-0000-00001-0000-C26,08-03306-0000-00001-0000-C27,08-03306-0000-00001-0000-C28,08-03306-0000-00001-0000-C29,08-03306-0000-00001-0000-C3,08-03306-0000-00001-0000-C30,08-03306-0000-00001-0000-C31,08-03306-0000-00001-0000-C33,08-03306-0000-00001-0000-C4,08-03306-0000-00001-0000-C5,08-03306-0000-00001-0000-C6,08-03306-0000-00001-0000-C7,08-03306-0000-00001-0000-C8,08-03306-0000-00001-0000-C9

ASK ABOUT THIS PROPERTY

Jenifer RaffaSabal Real EstateMore Info
609-381-9350

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Jenifer RaffaSabal Real EstateMore Info
609-381-9350

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.