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Apartments Condo For Sale • 6,000 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 217-221 | Industrial | 6,000 SF | $2,295,000 USD | |
DescriptionBuilders, investors, and operators—don’t miss this rare opportunity to acquire a 9-unit condo portfolio in the heart of Wildwood, NJ, being offered as a package deal along with a buildable lot. This unique offering includes nine individually deeded condominium units, consisting of eight 2-bedroom, 1-bath units and one spacious rear cottage featuring 1 bedroom and 1 bath. The additional lot, currently utilized as parking for tenants, is large enough to accommodate the construction of one or two homes, similar to the neighboring properties at 223 and 225. The entire property has undergone extensive renovations within the past year and a half, and the heavy lifting has already been completed, including the full rehab, condo conversion, elevation certificate, and more. All units are currently operating as short-term summer rentals and continue to take reservations, offering immediate income potential. Ideally located just blocks from the beach, boardwalk, and Convention Center, this property sits in one of Wildwood’s most desirable rental zones. A truly unique investment opportunity combining strong current cash flow with future development upside. Sale NotesReach out to the listing agent for the current and last years rent roll. |
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Builders, investors, and operators—don’t miss this rare opportunity to acquire a 9-unit condo portfolio in the heart of Wildwood, NJ, being offered as a package deal along with a buildable lot. This unique offering includes nine individually deeded condominium units, consisting of eight 2-bedroom, 1-bath units and one spacious rear cottage featuring 1 bedroom and 1 bath. The additional lot, currently utilized as parking for tenants, is large enough to accommodate the construction of one or two homes, similar to the neighboring properties at 223 and 225. The entire property has undergone extensive renovations within the past year and a half, and the heavy lifting has already been completed, including the full rehab, condo conversion, elevation certificate, and more. All units are currently operating as short-term summer rentals and continue to take reservations, offering immediate income potential. Ideally located just blocks from the beach, boardwalk, and Convention Center, this property sits in one of Wildwood’s most desirable rental zones. A truly unique investment opportunity combining strong current cash flow with future development upside.
| Located in the heart of Wildwood, a well-known Jersey Shore destination with year-round residential demand and a strong seasonal tourism economy. |
| Positioned a short distance from the Wildwood Boardwalk, beaches, restaurants, entertainment venues, and hospitality attractions. |
| Convenient access to New Jersey Route 47 (Rio Grande Avenue), the primary gateway connecting Wildwood to the Garden State Parkway |
| Surrounded by a mix of residential, vacation-rental, condominium, retail, and lodging properties, supporting both resident and visitor activity. |
| Near Downtown Wildwood amenities, including dining, shopping, recreation, and municipal services. |
John Rinick
Prime Realty Partners
