805 Atlantic Ave | Ocean City, NJ 08226
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- LoopNet Team
805 Atlantic Ave
Ocean City, NJ 08226
Approved Luxury Condo Hotel Development · Multifamily Property For Sale · 105 Units
Investment Highlights
- BACK ON MARKET! - Virtually SHOVEL READY!
- ~ APPROVED PRELIM SITE PLANS w/ PERMITTED HOTEL USE APPROVAL; APPROVED CAFRA PERMITS & COMPLETED FINAL SITE PLANS
- Condo Development (35 (3-Bed/3-Bath) Lock Out Units with permitted Hotel Use (105 bedroom w/bath units)
- LANDMARK OCEAN CITY ~ VERY RARE, ONE-OF-A-KIND ~ LUXURY DEVELOPMENT SITE
- OFF BEACH / BOARDWALK LOCATION & BREATHTAKING OCEAN & BEACH VIEWS
PROPERTY FACTS
| No. Units | 105 | Construction Status | Proposed |
| Property Type | Multifamily | Building Size | 76,000 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid Rise | No. Stories | 4 |
| Building Class | B | Year Built | 2027 |
| Lot Size | 0.07 AC | Parking Ratio | 1.12/1,000 SF |
| No. Units | 105 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Lot Size | 0.07 AC |
| Construction Status | Proposed |
| Building Size | 76,000 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 2027 |
| Parking Ratio | 1.12/1,000 SF |
Unit Amenities
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Microwave
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Security System
- Bay Window
- Ceiling Fans
- Tile Floors
- Crown Molding
- Double Vanities
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Hardwood Floors
- Vaulted Ceiling
- High Speed Internet Access
- Ice Maker
- Refrigerator
- Satellite TV
- Oven
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Sunroom
- Surround Sound
- Views
- Walk-In Closets
- Carpet
- Wi-Fi
- Grill
- Breakfast Nook
- Built-In Bookshelves
- Coffee System
- Deck
- Den
- Dining Room
- Double Pane Windows
- Family Room
- Framed Mirrors
- Freezer
- Garden
- Handrails
- Instant Hot Water
- Intercom
- Island Kitchen
- Lawn
- Linen Closet
- Office
- Pantry
- Patio
- Porch
- Recreation Room
- Smoke Free
- Vacuum System
- Warming Drawer
- Wet Bar
- Wheelchair Accessible (Rooms)
- Window Coverings
Site Amenities
- 24 Hour Access
- Business Center
- Controlled Access
- Clubhouse
- Concierge
- Laundry Facilities
- Pool
- Property Manager on Site
- Waterfront
- Corporate Suites
- Breakfast/Coffee Concierge
- Cabana
- Furnished Units Available
- Gameroom
- Grill
- Gas Range
- Laundry Service
- Maid Service
- Media Center/Movie Theatre
- Wi-Fi
- Bicycle Storage
- Car Charging Station
- Community-Wide WiFi
- Conference Rooms
- Elevator
- Health Club Discount
- Maintenance on site
- Multi Use Room
- Green Community
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 35 | - | 1,500 |
PROPERTY TAXES
| Parcel Number | 08-00802-0000-00001 | Improvements Assessment | $1,634,900 |
| Land Assessment | $3,245,000 | Total Assessment | $4,879,900 |
PROPERTY TAXES
Parcel Number
08-00802-0000-00001
Land Assessment
$3,245,000
Improvements Assessment
$1,634,900
Total Assessment
$4,879,900
zoning
| Zoning Code | CBD (Hospitality Zone (Multiple approved uses to long to list)) |
| CBD (Hospitality Zone (Multiple approved uses to long to list)) |
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