Remarks

Ocean Block. Prime condo or condotel conversion incl 21 two-bedroom apartments w sep electric panels, plus 17 more one bedroom & motel rooms, Strong Rental history. Be absentee investor, Next to Sold out 15 Million Dollar Luxury New Condos & 1 Block from the New K Hovnanian Project along with the Oceanfront 20 Million Dollar Beach Club. Giant Value everywhere. Huge concrete pool, barbecue & sun area,1 block to beach, boardwalk, restaurants shopping and rides. Renovated w new tile floors, 20 new bathrooms, new siding, new windows, roof, deck and railings. View 15 Camera sec system from home/smart phone. Only prop on the Jersey Shore w this many apartments if resold as Condo's could exceed 14 Million Dollar Sell Out. Off Pky Exit 82 1 hr from NYC. Philly & AC. Buyers need Proof of Funds.

Details

MLS#: 22405876
Price: $5,999,888

Style: Commercial

County: Ocean
Lot Size: 160 x 95
Tax Fee: 51000