NJ > Wildwood
Wildwood, NJ 08260,341 E OAK AVE
Wildwood, NJ 08260,341 E OAK AVE
Wildwood, NJ 08260,341 E OAK AVE
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$9,600,000
Est. payment /mo
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0.69 Acres Lot
Active

341 E OAK AVE Wildwood, NJ 08260

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Matthew Curcio

Matthew Curcio

+1(856) 207-7592

UPDATED:

01/16/2025 04:46 AM

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJCM2004506

HOA Y/N N

Originating Board BRIGHT

Annual Tax Amount $24,008

Tax Year 2024

Lot Size 0.689 Acres

Acres 0.69

Lot Dimensions 150.00 x 200.00

Property Sub-Type Land

Property Description

Bring a developer's dream to life! This extraordinary opportunity awaits you to create a breathtaking oasis of 48 ocean view condos just steps to the beach. The vision promises a lifestyle that merges luxurious modern design, panoramic vistas, and the mesmerizing allure of the sea.
The land is currently a functioning parking lot that measures 150' x 200' totaling 30,000 sq ft. But imagine 48 impeccably designed condos adorned with private balconies that capture enchanting ocean panorama. 40 of the units will offer 3 bedrooms with en suite baths, a den, powder room and laundry room while the other 8 include 3 bedrooms with en suite baths, powder room and laundry room. The architecture embraces a contemporary and elegant aesthetic, complimentary to the coastal charm of Wildwood.
This visionary development includes two elevators and two levels of parking, thoughtfully designed to accommodate 2 parking spots per unit, making coastal adventures and day-to-day routines a breeze. You can even hit the gym or take laps in the rooftop pool while watching the sunset on the horizon!
Seize the opportunity to team up with an experienced developer to make your mark on the coastline, and create an enclave of luxurious ocean view condos that will captivate hearts and stand the test of time. Development plans available.
Asking price includes plans with local approvals. With state/CAFRA approvals, including all drawings required for permit-ready, the asking price is 12M. Additionally, the Seller (or its assignee or nominee in its sole discretion) will retain a 30-year lease on the ground level parking lot in its current dimensions at $10,000 per year paid in arrears.

Location

State NJ

County Cape May

Area Wildwood City (20514)

Zoning T/E

Interior

Inclusions Asking price includes plans with local approvals. With state/CAFRA approvals, including all drawings required for permit-ready, the asking price is 12M. Additionally, the Seller (or its assignee or nominee in its sole discretion) will retain a 30-year lease on the ground level parking lot in its current dimensions at $10, 000 per year paid in arrears.

Exterior

Water Access N

View Ocean

Garage N

Building

Sewer Other

Water None

Schools

School District Wildwood City Schools

Others

Tax ID 14-00195 01-00020

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Hader Rivas Sr. • EXP Realty, LLC

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agent

Matthew Curcio

Broker Associate | License ID: 0121845

+1(856) 207-7592

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341 E OAK AVE

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