Waterfront
Address
1505 N Ocean Avenue Seaside Park, NJ
Price
$ 9,200,000
Property Attributes
  • MLS#22139393
  • TypeCommercial
  • CountyOCEAN
  • CitySeaside Park
  • AreaSeaside Park
  • Zip08752
  • StyleCommercial
  • Taxes$ 40913
  • Price$ 9,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.53 Acres
Listing Provided Courtesy Of:
Anthony Conselice, Arthur Rue Agency
Data Source:
Monmouth Ocean Regional REALTORS® (MOMLS)
Property Description

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

Price History
12/23/2021 Listed $9,200,000

General Features

Business Name Desert Palm
Days on Market 31
Electric 220 Volt
Garage No
Gas Y/N On Site
New Construction No
Parking Off Street, On Site, Open, Paved
Property Type E
Sewer Public Sewer
Status Active
Stories 2.0
Tax Year 2021
Taxes 40913.00
Type Commercial
Use Apartments, Bed/Breakfast, Hotel/Motel, Professional/Office, Restaurant, Retail, Shopping Center/Mall
Virtual Tour https://my.matterport.com/show/?m=8aCSWfEZvDA&brand=0
Water Public Water
Water Heater Tank
Water Type Oceanfront, Oceanview
Zoning Commercial

Interior Features

Interior Features Fire Alarm
Number of Garages 0.00

Exterior Features

Acreage 0.53
Lot Description Irregular Lot, Oceanfront
Lot Dimensions 200 x 115
Number of Parking Spaces 51.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 08752

Price
AVG $3.93M
$9.2M
Taxes
AVG $21,491
$40,913
Visits
AVG 62
19
Walkscore
AVG 38
52
Data Provided by Walkscore ® not using MLS data

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