Seize a unique opportunity to transform a vacant parking lot into the Soleil Resort, a fully approved 111-unit condominium hotel in Ocean City, NJ. Situated at 1101 Ocean Avenue, this beach block site neighbors the historic Flanders Hotel, boasting prime ocean and bay views in “America’s Greatest Family Resort.” The approved development plan, this blank canvas is set to become a six-story luxury midrise, redefining coastal living.
Currently a parking lot, the property is approved for 111 two- and three-bedroom condos (1,100 SF each) with balconies or porches, plus a 400-space garage with valet and stacking. Amenities include a pool, sun deck, rooftop lounge, spa, fitness center, and restaurant—perfect for vacationers, second-home buyers, and rental investors. Approved by the Planning Board (2017) and with a CAFRA permit (2018).
Ocean City’s 8-mile beaches, vibrant boardwalk, and family-friendly appeal draw millions yearly, driving demand in a low-inventory market. This site offers a turnkey chance to capitalize on a thriving coastal destination with a premium project.
Contact Eric Booth at 609-602-2303 for details or a site visit. Due diligence materials are available upon request.