This Hospitality Property is no longer advertised on LoopNet.com.

416-420 E Miami Ave
Wildwood Crest, NJ 08260
The Coliseum Ocean Resort · Hospitality Property For Sale · 28,791 SF

Investment Highlights

  • Oceanfront SOLD-OUT all summer 3 Br/2 Baths Penthouse. Rent it to guests or use as owner's quarters.
  • Oceanfront Heated Pool
  • Oceanfront Sundecks
  • Motel Directly on the Beach
  • Oceanfront Pizzeria and Ice Cream Parlor
  • Oceanfront BBQ area

Property Facts

Property Type Hospitality
Property Subtype
Hotel
  • Hospitality Hotel
Building Class C
Lot Size 0.51 AC
Building Size 28,791 SF
No. Stories 3
Year Built/Renovated 1959/2000
Corridor Exterior
Zoning M-1B

Amenities

  • Pool
  • Restaurant
  • Room Service
  • High Speed Internet Access
  • Patio
  • Beach (direct access)
  • Public Access Wifi
  • Fully-Equipped Kitchen
  • Multi-Room Suites
  • Digital key

About 416-420 E MIAMI AVE , WILDWOOD CREST, NJ 08260

The Coliseum Ocean Resort is located in peaceful Wildwood Crest NJ, directly on the sandy beach, overlooking the Atlantic Ocean. It is close to the famous Wildwood Boardwalk, Amusement and Water Parks, Atlantic City’s Casinos and Victorian Cape May. Whether it is a One-room efficiency, a spacious suite, or a luxurious apartment, Coliseum Ocean Resort has accommodations to suit every need! Oceanfront Heated Pool, Oceanfront Sundecks, Oceanfront Pizzeria and Ice Cream Parlor, and rooms with fully-equipped kitchens are what makes our resort so unique. The Coliseum Ocean Resort has 48 units, plus Oceanfront 3Bdr/2Ba Penthouse, and Oceanfront Pizzeria and Ice Cream Parlor. 32 x One-room efficiencies (Valued at $3,200,000) 16 x Spacious 2-room suites with full kitchens (Valued at $1,840,000) 3 Bedrooms, 2 Baths Oceanfront Spacious Penthouse that generates high numbers in season and is our customers' favorite (Valued at $700,000) Oceanfront Pizzeria and Ice Cream Parlor with inside sitting, leased, with income (Valued at $400,000) Oceanfront Heated Pool The Coliseum has been completely redone in 2000 and many improvements have been done to the rooms every year since then. The Coliseum Ocean Resort has a strong business base, catering to many families and couples who come back from year to year. To talk to the owner, schedule a showing- contact Anthony Polizze at 305-900-7928.

Property Taxes

Property Taxes

Parcel Number
15-00118-02-00016
Land Assessment
$1,764,000
Improvements Assessment
$2,926,000
Total Assessment
$4,690,000
  • Listing ID: 17475468

  • Date on Market: 10/16/2019

  • Last Updated:

  • Address: 416-420 E Miami Ave, Wildwood Crest, NJ 08260

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