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Seaspray Condominiums 3313 Bay Ave 32 Unit Dormitory $6,250,000 ($195,313/Unit) Ocean City, NJ 08226
INVESTMENT HIGHLIGHTS
- Prime Real Estate, Redevelopment Opportunity.
- Located just off of The Garden State Parkway in desirable Ocean City, NJ.
- Popular Destination: Ocean City is a premier familyfriendly vacation spot.
- Existing building consists of 32 condo units
- This development opportunity offers a blend of financial rewards, community benefits, and personal fulfillment
- Growing Market: The city's appeal continues to attract new residents.
EXECUTIVE SUMMARY
Prime Real Estate, Redevelopment Opportunity. Existing building consists of 32 condo units. Located just off of The Garden State Parkway in desirable Ocean City, NJ. Corner 34th and Bay Ave.
PROPERTY FACTS Under Contract
| Price | $6,250,000 | Apartment Style | Low-Rise |
| Price Per Unit | $195,313 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.24 AC |
| Sale Condition | Redevelopment Project | Building Size | 18,000 SF |
| No. Units | 32 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Dormitory | ||
| Zoning | C2 - Community Commercial zone, | ||
| Price | $6,250,000 |
| Price Per Unit | $195,313 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Units | 32 |
| Property Type | Multifamily |
| Property Subtype | Dormitory |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 18,000 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Zoning | C2 - Community Commercial zone, |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Carpet
SITE AMENITIES
- Security System
- Smoke Detector
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Seaspray Condominiums | 3313 Bay Ave
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