1505 Yacht Ave - Residential LAND FOR SALE


Cape May, NJ 08204 30,492 SF
$7,750,000 USD
609-374-0325
1505 Yacht Ave, Cape May, NJ for Sale
$7,750,000 USD
Residential LAND - FOR SALE
1/15
30,492 SF

1505 Yacht Ave
Cape May, NJ 08204


HIGHLIGHTS

  • Water front, Bulkhead, Docks, Boat Slips
  • Small Marina, 7 Approved Residential Townhomes
  • Existing Historic Rental Single Family

OVERVIEW

Once in a Lifetime Prime Water Front Development Opportunity in Cape May An exceptional opportunity to develop 0.7 acres of waterfront property on Cape May’s Yacht Ave. This rare offering includes approved plans for a seven-townhome condominium association with a small marina, creating an exclusive waterfront community in one of Cape May’s most desirable locations. Situated in a highly walkable location, this property offers convenient access to the Marina District, where you’ll find some of Cape May’s most popular restaurants, including Lucky Bones, The Lobster House, and Meyer’s. Just a short distance away, explore the charm of Historic Cape May, known for its Victorian homes, boutique shopping, and pristine beaches. Cape May is a premier destination for boaters and coastal enthusiasts, providing direct harbor access and a vibrant seaside atmosphere. Whether you’re an investor, developer, or visionary buyer, this is a rare opportunity to bring a luxury waterfront project to life. For those seeking to create their own waterfront masterpiece, this property also presents the unique opportunity to design a private luxury estate with unparalleled harbor views. Imagine a custom-built home with expansive decks, a private dock, and direct access to Cape May’s premier boating waters—a haven for yachting, fishing, and waterfront living at its finest. Whether as a multi-unit development or a one-of-a-kind private retreat, this rare waterfront property is a blank canvas ready for your vision. Highlights – Dig Ready for 7 townhomes, 1 Existing renovated Historic Home, 23 boat slips, 7 marina parking, 7 overflow residential parking, Garages for townhomes. Need a builder we can supply a fantastic local builder who has been involved from the beginning on this project.

FOR SALE DETAILS

PRICE

$7,750,000 USD

PRICE/ACRE

$11,071,429/AC

PRICE/SF

$254 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Waterfront 7 Townhome Development & Marina

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Marina, Single Family Development

LAND ACRES

0.7 AC

LAND SF

30,492 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk

ZONING

R-5

APN/PARCEL ID

02-01160-0000-00006

ASK ABOUT THIS PROPERTY

Carol MenzCoastline RealtyMore Info
609-374-0325

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Carol MenzCoastline RealtyMore Info
609-374-0325

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.