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1505 Yacht Avenue

Cape May, NJ 08204
  • $7,750,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 251032
UPDATED: 20 min ago
$7,750,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Area:

School Ratings & Info

Description

Once in a Lifetime Prime Waterfront Development Opportunity in Cape May An exceptional opportunity to develop 0.7 acres of waterfront property on Cape Mays 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 Mays most desirable locations. Situated in a highly walkable location, this property offers convenient access to the Marina District, where youll find some of Cape Mays most popular restaurants, including Lucky Bones, The Lobster House, and Meyers. 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 youre 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 or two with expansive decks, private docks, and direct access to Cape Mays 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, 17- 23 slips, 7 marina parking, marina bathroom room, 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.

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Listing information © 2025 Cape May County Association of REALTORS® Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dwyer Group | Goldcoast Sotheby's International Realty. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-04-18T12:49:50.03.
www.dwyergrouprealestate.com/homes/162314409
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1505 Yacht Avenue Cape May, NJ 08204

  • Price: $7,750,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 20 min ago
  • MLS #: 251032
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
02-Cape May City
Area:
Cape May
Property Description
Once in a Lifetime Prime Waterfront Development Opportunity in Cape May An exceptional opportunity to develop 0.7 acres of waterfront property on Cape Mays 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 Mays most desirable locations. Situated in a highly walkable location, this property offers convenient access to the Marina District, where youll find some of Cape Mays most popular restaurants, including Lucky Bones, The Lobster House, and Meyers. 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 youre 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 or two with expansive decks, private docks, and direct access to Cape Mays 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, 17- 23 slips, 7 marina parking, marina bathroom room, 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.
Exterior Features

Exterior Other (See Remarks) Location IslandWater FrontWater View Lot Size .7366 Outside Features Dock/Pier/SlipRestroomsOther (See Remarks) Parking 11 Or More SpacesOther (See Remarks)

Interior Features

Cooling Central Air Conditioning Heating Gas Natural Hot Water Gas

Property Features

Available Other (See Remarks) Bank Owned No Commercial Type Commercial/Industrial Financing Available Other Financing Near Waterfront New Construction No Sale Or Rent For Sale Sewer City Subject To Third Party Approval No Tax Year 2024 Taxes 14491 Type MarinaCommercial Condo Water City Zoned R-5-HO

© 2025 Cape May County Association of REALTORS® MLS. All Rights Reserved.
Listing provided courtesy of COASTLINE REALTY, LLC: 609-884-5005.


Listing information © 2025 Cape May County Association of REALTORS® Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dwyer Group | Goldcoast Sotheby's International Realty. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2025-04-18T12:49:50.03.
 
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The Dwyer Group | Goldcoast Sotheby's International Realty
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Ocean City NJ, 08226