1505 Ocean Avenue
1505 Ocean Avenue Seaside Park, New Jersey 08752 United States

$9,200,000
 Get directions
 
Amazing oceanfront commercial /development opportunity in Seaside Park! Benefit from the best location moments to the boardwalk and sandy beach, and incredible potential on the coveted Jersey Shore. Now available for sale and occupying an entire...
Pauline Poyner
  • Real Estate Professional
1 West River Road
Rumson, New Jersey 07760 United States
$9,200,000
Change Currency
.53 Acres
Exterior
Commercial
Property type
22139393
Web Id
22139393
MLS ID
Seaside Park Borough
School District
36
days ago

About 1505 Ocean Avenue

Amazing oceanfront commercial /development opportunity in Seaside Park! Benefit from the best location moments to the boardwalk and sandy beach, and incredible potential on the coveted Jersey Shore. Now available for sale and occupying an entire oceanfront block, The Desert Palm Inn is presently operating as a 51-room motel/hotel complete with 51 parking spaces, an in-ground pool, a manager's apartment, and laundry facilities. The unique property is ideal for the investor to own as is or seasoned developer seeking prime real estate to build desirable condominiums or oceanfront homes. The building is in excellent well-maintained condition with comfortable, generously-sized rooms featuring outdoor decks, ocean views, hardwood floors, AC units, legal heat, TV's, nicely tiled full baths and

PROPERTY INFORMATION

Heating
Electric
Parking Description
Off Street, On Site, Open, Paved

EXTERIOR

Lot Description
Irregular Lot, Oceanfront

INTERIOR

Interior Features
Fire Alarm

ADDITIONAL INFORMATION

ANNUAL PROPERTY TAX
$40, 913
Listed by Arthur Rue Agency

Arthur Rue Agency

Pauline Poyner
  • Real Estate Professional
1 West River Road
Rumson, New Jersey 07760 United States
Listed by Arthur Rue Agency
Contact Agent