217-221 E Burk Avenue, Wildwood NJ | Cabrera Coastal Real Estate

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217-221 E Burk Avenue, Wildwood, NJ

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For Sale: $2,395,000

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Type: COMMERCIAL/INDUSTRIAL

DOM: 0 Days

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PROPERTY DESCRIPTION

Builders, investors, and operators—don’t miss this rare opportunity to acquire a 9-unit condo portfolio in the heart of Wildwood, NJ, being offered as a package deal along with a buildable lot. This unique offering includes nine individually deeded condominium units, consisting of eight 2-bedroom, 1-bath units and one spacious rear cottage featuring 1 bedroom and 1 bath. The additional lot, currently utilized as parking for tenants, is large enough to accommodate the construction of one or two homes, similar to the neighboring properties at 223 and 225. The entire property has undergone extensive renovations within the past year and a half, and the heavy lifting has already been completed, including the full rehab, condo conversion, elevation certificate, and more. All units are currently operating as short-term summer rentals and continue to take reservations, offering immediate income potential. Ideally located just blocks from the beach, boardwalk, and Convention Center, this property sits in one of Wildwood’s most desirable rental zones. A truly unique investment opportunity combining strong current cash flow with future development upside.

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Request Property Information - 217-221 E Burk Avenue, Wildwood NJ

For Sale: $2,395,000 | MLS Number: 606450

| DOM: 0 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 Prime Realty Partners. 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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