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

PROPERTY FACTS
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
| Parcel Number | 08-01101-0000-00001 | Improvements Assessment | $116,500 |
| Land Assessment | $4,905,500 | Total Assessment | $5,022,000 |
PROPERTY TAXES
Listing ID: 35177207
Date on Market: 3/18/2025
Last Updated:
Address: 1101 Ocean Ave, Ocean City, NJ 08226
The Land Property at 1101 Ocean Ave, Ocean City, NJ 08226 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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