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9211 Monmouth Avenue, Margate - ACTIVE

$3,399,000

Beds: 0     /
Half Baths: 0    /  
Type: 11 - 20 Units    /
MLS: 573902   /
DOM: 0 Days

DESCRIPTION

Margate Investment and or Development Project!! Currently an Apartment complex consisting of 11 residential units fully occupied. 10 one bedroom units and one efficiency. Laundry room on site and all units include a balcony and or porch. Electric heat paid by tenancy. Lease information available in associate documents. The complex sits on a lot 131 X125 close to bay and popular fine dining. Margate zoning officials have confirmed from a development perspective in WSD zone the permitted property developed allows for 7 townhomes with commercial below approximately 2000 square ft or possibly 5 single family homes @3200 square ft each. Use variance may be required for either. We recommend buyer reviews their plan with zoning. The location welcomes new construction and is an awe-inspiring opportunity in an extremely sought after location and trending neighborhood. Manifest your design strategy in Margate!

AMENITIES

  • Heating:Electric   
  • Public Sewer  

PROPERTY LOCATION / MAP
Last Database Update://02/23/2024 09:15:42

Broker ReciprocityListing Courtesy of FARLEY and FERRY REALTY, INC.
© South Jersey Shore Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional MLS. Real Estate listings held by brokerage firms other than Keller Williams Jersey Shore are marked with the Broker Reciprocity logo (a little black house) and detailed information about them includes the name of the listing brokers. Information is deemed reliable but is not guaranteed. The broker providing these listings to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing.
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9211 Monmouth Avenue, Margate
For Sale: $3,399,000 /MLS: 573902
Bed:0 | Bath:0| Half Baths:0 | LOT: DOM:0
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KW Jersey Shore - Keller Williams Realty
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