For Sale 509 Pearl, Cape May Point, NJ, 08212

The only 50 X 100 buildable lot on the market represents a rare chance to own a piece of Cape May Point’s charm on a quiet street (not a through-street), in an established neighborhood of homes owned for generations, proximity to Stites Beach and the activities at the Circle. As seasons change, witness the magic of migratory birds and butterflies. The quietude of this village makes it an ideal spot for birdwatching and nature enthusiasts. Owning a buildable lot in this coveted location is not just about a home; it’s an investment in Cape May Point’s timeless appeal. The buyer is responsible for necessary all approvals and permits to build.

Fantastic location in Cape May Point. Summer rental property with 12 weeks rented this year. Average weekly at $1575 in season and $1475 in the shoulder weeks. This unique top floor unit is like no other in the building. Wonderful, private outside porch. The unit is completely furnished and equipped and ready to go for the season. The building was completely renovated in 1987 from studs out. Separate electric, cable and hot water for each unit. Condo fee includes all outside maintenance, lighting, trash and recycles, Insurances and the landscaping. The water is split among 9 owners by the association. Great individual storage units and shared coin operated laundry. Double outside showers offered for everyone\'s use. Association provides 5 bicycles for everyone\'s use. Great time to purchase with the upcoming rentals in place for 2024.

Don’t miss this opportunity to own a piece of Cape May history. Currently operated as the Captain Mey\'s Inn, this turn of the century Victorian home, circa 1890 was built by Dr. Walter Phillips. The corner location just steps to both the mall and beaches of Cape May make this the best location to enjoy all that the wonderful town has to offer. Make it your own as either a single-family property or maintain the B&B license and continue it as your new creation. Painstakingly renovated and update while respecting its heritage and original character this 13 bedroom, 11 bath home boasts large scale rooms, elegant detailing and beautiful woodwork throughout. Step onto the front porch that wraps around onto tree lined Hughes Street. The 1st room upon entry is the Office Quarters (named for the Doctors visiting room). A large ornate hallway leads to the beautiful living room (parlor) and connects to the fabulous dining room. Down the hall is the highly desirable Captains Quarters with private bath and side entrance. Step into the hall bath and head back towards the spacious kitchen, laundry room with steps to the off street parking spot, and the utility room with steps to the private 40 x 100 parking lot. The 2nd level is home to 4 bedrooms with private baths and a 5th bedroom with a hall bath. The spacious hallway takes you to the 3rd floor landing with fire escape. The 3rd level is home to 2 large bedrooms with private baths that have whirlpool tubs. The owner’s quarters are in the lower level and offer a living room, kitchen, 4 bedrooms and 2 baths with an exterior and interior entrance. Amenities include a new roof, recently stained wood siding, numerous stained-glass pieces that have been restored, oak and pine floors, new gas HWH, pecks plumbing, Shore’s security system and a State Fire Inspection. The parking lot owned as a separate parcel offers 8 parking spots and a picnic area. The brick sidewalk adds that last touch of beauty! Showings by appointment only due to a working business.