Unlock the potential to build something truly exceptional. This rare development opportunity offers the chance to create a stunning collection of ocean-view residences just steps from the beach. Envision a coastal retreat that blends modern luxury, sweeping water views, and the timeless appeal of seaside living. The site currently operates as a parking lot measuring approximately 150’ x 200’, totaling 30,000 square feet. The property is presently approved for a 24-unit condominium development, with the ability to expand to 48 units upon obtaining CAFRA approval—creating significant upside for a developer looking to maximize value. All residences are thoughtfully designed as spacious three-bedroom units, each featuring en-suite baths, a powder room, and dedicated laundry. Every home includes a private balcony positioned to capture expansive ocean views, enhancing the coastal living experience. The architecture reflects a sophisticated, contemporary style that complements the charm and character of Wildwood’s coastline. Residents will enjoy premium amenities, including two elevators, a rooftop pool, and fitness center—ideal for taking in sunset views over the horizon. The development also includes two levels of structured parking, thoughtfully designed to accommodate ample parking for both residents and guests, ensuring convenience for everyday living and seasonal use alike. This is a unique opportunity to collaborate with an experienced developer and bring a landmark coastal project to life—one that will define luxury oceanfront living for years to come. Development plans are available, and the asking price includes local approvals along with state/CAFRA approvals for expanded density.
LOCATION:
Beach Block
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Let Coldwell Banker James C Otton Real Estate - SH be your buyer agent for this listing. Listing is provided by OCF REALTY LLC and Cape May County MLS. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement.
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