1505 Yacht Avenue, Cape May NJ | Cabrera Coastal Real Estate

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1505 Yacht Avenue, Cape May, NJ - Active

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For Sale: $7,250,000

Bedrooms: Bathrooms:

Half Baths:

Type: Commercial/Industrial

DOM: 174 Days

Sq Ft:

Unit: 2

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PROPERTY DESCRIPTION

Once in a Lifetime Prime Waterfront Development Opportunity in Cape May An exceptional opportunity to develop 0.7 acres of waterfront property on Cape May s Yacht Ave. This rare offering includes approved plans for a seven-townhome condominium association with a small marina, creating an exclusive waterfront community in one of Cape May s most desirable locations. Situated in a highly walkable location, this property offers convenient access to the Marina District, where you ll find some of Cape May s most popular restaurants, including Lucky Bones, The Lobster House, and Mayer s. Just a short distance away, explore the charm of Historic Cape May, known for its Victorian homes, boutique shopping, and pristine beaches. Cape May is a premier destination for boaters and coastal enthusiasts, providing direct harbor access and a vibrant seaside atmosphere. Whether you re an investor, developer, or visionary buyer, this is a rare opportunity to bring a luxury waterfront project to life. For those seeking to create their own waterfront masterpiece, this property also presents the unique opportunity to design a private luxury estate with unparalleled harbor views. Imagine a custom-built home or two with expansive decks, private docks, and direct access to Cape May s premier boating waters a haven for yachting, fishing, and waterfront living at its finest. Whether as a multi-unit development or a one-of-a-kind private retreat, this rare waterfront property is a blank canvas ready for your vision Highlights Dig Ready for 7 townhomes, 1 Existing renovated Historic Home, 17- 23 slips, 7 marina parking, marina bathroom room, 7 overflow residential parking, Garages for townhomes. Need a builder we can supply a fantastic local builder who has been involved from the beginning on this project.

PROPERTY FEATURES

Heating:Gas Natural
Other Financing
11 Or More Spaces
Other (See Remarks)
Heater:Gas
Cooling:Central Air Conditioning

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Request Property Information - 1505 Yacht Avenue, Cape May NJ

For Sale: $7,250,000 | MLS Number: 251032

| DOM: 174 Days
Provided by: Cabrera Coastal Real Estate - https://cabreracoastalteam.com/

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Let Cabrera Coastal Real Estate be your buyer agent for this listing. Listing is provided by COASTLINE REALTY, LLC. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are are subject to change, withdrawal, or prior sale.

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