$1,500,000
For Sale

211 & 206 N Iowa Avenue

Atlantic City, NJ 08401
Browse 37 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

APPROXIMATELY 390 FEET ON THE WATER!! CAFRA APPROVED!! Unlock a World of Opportunities! Breathe new life into this once-thriving Marina or reimagine it as a serene waterfront residential community. Positioned across from the historic OLD Bader Field and Baseball Stadium, enjoy easy access to the inlet and back Bays. Discover 12 distinctive lots in total! On the Lake Side, you'll find 8 captivating lots. Highlighting this side is a spacious 3,200 sq ft garage-style structure with 8 bays—an ideal canvas for your creative vision. On the Restaurant Side, a unique opportunity awaits with 4 lots. Envision a charming 3,000 sq ft boathouse/restaurant-style structure complete with bathrooms. Picture over an acre of enchanting floating docks, slips, and a world of potential revenue! Alternatively, explore the possibility of crafting residential homes or condos, inspired by the nearby Sunset Ave approach. Here, 26' wide lots cleverly integrated waterfront land for heightened value. Pending necessary approvals, this property could potentially host around 14 distinct properties. For a captivating twist, combine the allure of condos with the allure of a marina, creating an enduring stream of residual income. Imagine a waterfront restaurant seamlessly integrated with a charming marina, both perfectly positioned to capture the beauty of each sunset. Unleash your creativity on this remarkable canvas! **Scan the QR code in photos for more information about this listing.

  • Property Details
      • Lot Description7.01
    • Measurements
      • Acres1
      • Lot Size1
  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • School District379
  • Other
      • MLS #589136

Location

Lisette CintronReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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