5201 Atlantic ave - Multi-Family FOR SALE


Ventnor City, NJ 08406
$2,900,000 USD
215-327-1722
5201 Atlantic ave, Ventnor City, NJ for Sale
$2,900,000 USD
Multi-Family - FOR SALE
1/3
null | Request Cap Rate

5201 Atlantic ave
Ventnor City, NJ 08406


HIGHLIGHTS

  • Investment Owner occupied and Short term rental

OVERVIEW

Brand New Ocean View Duplex – Exceptional Investment or Coastal Living Opportunity Don't miss this rare opportunity to own a newly built duplex in one of the most sought-after vacation destinations, offering stunning ocean views. Whether you're looking for a smart investment, a vacation getaway, or a primary residence with rental income potential, this property has it all. Ground-Level Entry features a large foyer with elevator access and stairways to both units. Two Spacious Units with separate entrances and private garages. Unit A (First Floor) offers a well-designed layout with: Primary bedroom with en-suite full bath, Two additional bedrooms with shared full bath, Powder room in the spacious family room, Open-concept kitchen and dining area, Laundry room, Private elevator access, Outdoor patio for relaxing or entertaining Unit B (Second & Third Floors) boasts: Four bedrooms and three full bathrooms, Open-concept kitchen and large family room, Laundry room, Elevator access. Multiple outdoor patios, including a private master patio on the third floor. This duplex is currently under construction with an anticipated completion date of January 1, 2026. Depending on the construction timeline, buyers may have the opportunity to customize finishes and select appliances to suit their preferences. Modern Features Include: High-efficiency windows and doors, Energy-efficient furnaces, Tankless hot water heaters, Elevator in both units for convenience and accessibility The seller intends to apply for property tax abatement upon completion, adding even more value to your investment. Contact us today for more details or to schedule a private tour of this exceptional coastal property!

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$723 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,450,000

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Built Duplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2026

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

RR2

APN/PARCEL ID

22-00053-0000-00001

ASK ABOUT THIS PROPERTY

Paul ChengKeller Williams Cherry HillMore Info
215-327-1722

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Paul ChengKeller Williams Cherry HillMore Info
215-327-1722

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