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1505 Yacht Avenue

CAPE MAY, NJ 08204
  • $7,750,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: NJCM2005008
$7,750,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

School District:

Description

Once in a Lifetime Prime Waterfront Development Opportunity in Cape May An exceptional opportunity to develop 0.7 acres of waterfront property on Cape Mays Yacht Ave. This rare offering includes approved plans for a seven-townhome condominium association with a small marina, creating an exclusive waterfront community in one of Cape Mays most desirable locations. Situated in a highly walkable location, this property offers convenient access to the Marina District, where youll find some of Cape Mays most popular restaurants, including Lucky Bones, The Lobster House, and Meyers. Just a short distance away, explore the charm of Historic Cape May, known for its Victorian homes, boutique shopping, and pristine beaches. Cape May is a premier destination for boaters and coastal enthusiasts, providing direct harbor access and a vibrant seaside atmosphere. Whether youre an investor, developer, or visionary buyer, this is a rare opportunity to bring a luxury waterfront project to life. For those seeking to create their own waterfront masterpiece, this property also presents the unique opportunity to design a private luxury estate with unparalleled harbor views. Imagine a custom-built home or two with expansive decks, private docks, and direct access to Cape Mays premier boating waters"a haven for yachting, fishing, and waterfront living at its finest. Whether as a multi-unit development or a one-of-a-kind private retreat, this rare waterfront property is a blank canvas ready for your vision: Highlights " Dig Ready for 7 townhomes, 1Existing renovated Historic Home, 17 -23 slips, 7 marina parking, marina bathroom room, 7 overflow residential parking, Garages for townhomes. Need a builder we can supply a fantastic local builder who has been involved from the beginning on this project.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Matt Lenza Real Estate Team | Crown Homes Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-04-22T23:51:58.15.
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1505 Yacht Avenue CAPE MAY, NJ 08204

  • Price: $7,750,000
  • Status: Active
  • On Site: 14 Days
  • ID#: NJCM2005008
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1900
Built
Neighborhood:
Cape May City
County:
Cape May
Area:
Cape May City (20502)
School District:
Cape May
Property Description
Once in a Lifetime Prime Waterfront Development Opportunity in Cape May An exceptional opportunity to develop 0.7 acres of waterfront property on Cape Mays Yacht Ave. This rare offering includes approved plans for a seven-townhome condominium association with a small marina, creating an exclusive waterfront community in one of Cape Mays most desirable locations. Situated in a highly walkable location, this property offers convenient access to the Marina District, where youll find some of Cape Mays most popular restaurants, including Lucky Bones, The Lobster House, and Meyers. Just a short distance away, explore the charm of Historic Cape May, known for its Victorian homes, boutique shopping, and pristine beaches. Cape May is a premier destination for boaters and coastal enthusiasts, providing direct harbor access and a vibrant seaside atmosphere. Whether youre an investor, developer, or visionary buyer, this is a rare opportunity to bring a luxury waterfront project to life. For those seeking to create their own waterfront masterpiece, this property also presents the unique opportunity to design a private luxury estate with unparalleled harbor views. Imagine a custom-built home or two with expansive decks, private docks, and direct access to Cape Mays premier boating waters"a haven for yachting, fishing, and waterfront living at its finest. Whether as a multi-unit development or a one-of-a-kind private retreat, this rare waterfront property is a blank canvas ready for your vision: Highlights " Dig Ready for 7 townhomes, 1Existing renovated Historic Home, 17 -23 slips, 7 marina parking, marina bathroom room, 7 overflow residential parking, Garages for townhomes. Need a builder we can supply a fantastic local builder who has been involved from the beginning on this project.
Exterior Features

Construction Materials Shake Siding Docks 5+ Garage YN No Location Type Corner Lot/Unit Other Equipment See Remarks Parking Types Parking Lot Property Condition Excellent Slips 5+ Water Access YN Yes Water Body Type Canal Water View YN No Waterfront YN Yes

Interior Features

Building Area Total 0.00 Cooling Other Heating Other Heating YN Yes Net Square Feet 32086.00

Property Features

Acceptable Financing Other Accessibility Features Other Central Air YN No Cooling Fuel Other Heating Fuel Other Historic YN No Hot Water Natural Gas Lease Considered YN No Municipality CAPE MAY CITY Navigable Water YN Y New Construction YN No Number Of Units Total 2 Original MLSNumber 803753424310 Ownership Interest Other Property Sub Type Land for Commercial Use Sale Type Standard Sewer Public Hook/Up Avail Tax Annual Amount 14491.00 Tax Lot 00006 Vacation Rental YN No Water Source Public Zoning R-5

Listing courtesy of Coastline Realty, LLC: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Matt Lenza Real Estate Team | Crown Homes Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-04-22T23:51:58.15.
 
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