WINTHROP BEACH OCEAN VIEW DEVELOPMENT SITE
31-35 Crest Avenue, Winthrop, MA 02152 | $4,500,000
Prime peninsula site with proven 16-story regulatory precedent.
Highlights:
10-11 story buildings approved within walking distance (same town)
14-16 story towers in adjacent Revere (closer to Logan, yet approved)
Superior FAA positioning: 5.2 miles from airport vs. 4.8 miles for approved comparables
Ocean views floors 4+ (40 feet elevation, verified by sight line analysis)
25-40% pricing premium for ocean view units
50-car municipal parking across street
$336K/year tax revenue (22× increase) = guaranteed municipal support
Development Potential:
40-52 luxury ocean view units | $24-41M revenue | $9-19M profit (63-88% ROI)
Complete Analysis: https://31-35CrestAve.replit.app
Includes: Precedent documentation | FAA analysis | Financial models | Architectural rendering | Due diligence docs
Qualified developers only. Broker co-op: 1%
50 car parking lot and playground/park directly across the street.
Crest Ave Park and Lot
https://31-35CrestAve.replit.app