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1101 Ocean Ave
Ocean City, NJ 08226
Soleil Resort · Land For Sale · 1.89 AC

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units - Condo
  • Hotel
  • Parking Garage
  • Parking Lot
  • Planned Unit Development
Total Lot Size 1.89 AC
Zoning Redevelopment

DESCRIPTION

Seize a rare chance to own a fully approved 111-unit condominium hotel development on a prime beach block lot in Ocean City, NJ, America’s Greatest Family Resort. The Soleil Resort at 1101 Ocean Avenue, adjacent to the landmark Flanders Hotel, overlooks New Jersey’s #1 beach. This shovel-ready vacant lot offers a six-story boutique midrise (concrete/steel) with 111 two- and three-bedroom, two-bathroom condo units, each 1,100 SF, featuring balconies (covered porches on the first floor) and stunning ocean, bay, and pool views. Project Highlights: Phased Construction: Phase 1 (East Tower) – 35 units atop a 400-space parking garage with stacking/valet; Phase 2 (West Tower) – 29 units; Phase 3 (North Tower) – 47 units. Amenities: Pool/sun deck on the 4th-floor garage, rooftop deck on the East Tower, full-service spa, fitness center, restaurant, room/maid service, doorman, 24-hour security, rental program, business center, lobby, and unit storage. Approvals: Ocean City Planning Board preliminary approval (Oct 2017), CAFRA permit (Jul 2018), zoned under Redevelopment Area Plan. Location Perks: Ocean City boasts 8 miles of beaches and bay for boating, fishing, and kayaking, a 2.5-mile boardwalk with amusement parks, a water park, go-carts, and mini golf, plus fine dining, and a downtown shopping district. A dry town, it’s a family-fun haven with events like First Night and Night in Venice, drawing millions from Philadelphia, Baltimore, and beyond. Investment Appeal: With housing inventory at historic lows, Soleil meets soaring demand in a market where larger condo-hotel units are in demand. This opportunity offers a phased, flexible buildout in a year-round resort island known for its cultural and recreational allure. Contact: Eric Booth at 609-602-2303 for plans, permits, or a site visit (NDA required). Don’t miss this chance to redefine luxury in Cape May County!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-01101-0000-00001
Land Assessment
$4,905,500
Improvements Assessment
$116,500
Total Assessment
$5,022,000
  • Listing ID: 35177207

  • Date on Market: 3/18/2025

  • Last Updated:

  • Address: 1101 Ocean Ave, Ocean City, NJ 08226

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