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Michael Maina

Michael Maina 609-513-8383 609-399-0076x107

3160 Asbury Avenue, Ocean City

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For Sale 1505 Yacht, Cape May, NJ, 08204

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1505 Yacht, Cape May, NJ, 08204

$7,750,000

Michael Maina
  • Buyer Agent Compensation: N/A
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  • Commercial/Industrial

  • 0

Once in a Lifetime Prime Waterfront Development Opportunity in Cape May An exceptional opportunity to develop 0.7 acres of waterfront property on Cape May’s 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 May’s most desirable locations. Situated in a highly walkable location, this property offers convenient access to the Marina District, where you’ll find some of Cape May’s most popular restaurants, including Lucky Bones, The Lobster House, and Meyer’s. 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 you’re 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 May’s 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, 1 Existing 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.

Listing courtesy of: COASTLINE REALTY, LLC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Cape May Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright Cape May Multiple Listing Service. All rights reserved.
Total Rooms
Full Bath
# of Stories 2
Year Build
Lot Size
Tax 14491.00
SQFT
ExteriorOther (See Remarks)
ParkingGarage11 Or More Spaces, Other (See Remarks)
CoolingCentral Air Conditioning
WaterCity
Bedrooms 0
Half Bath
# of Stories 2
Lot Dimensions .7366
# Units
Tax Year 2024
Area Cape May
OutsideFeaturesDock/Pier/Slip, Restrooms, Other (See Remarks)
HeatingGas Natural
HotWaterGas
SewerCity
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Nearby Listings

Once in a Lifetime Prime Waterfront Development Opportunity in Cape May An exceptional opportunity to develop 0.7 acres of waterfront property on Cape May’s 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 May’s most desirable locations. Situated in a highly walkable location, this property offers convenient access to the Marina District, where you’ll find some of Cape May’s most popular restaurants, including Lucky Bones, The Lobster House, and Meyer’s. Just a short distance away, explore the charm of Historic Cape May, known for its Victorian homes, boutiques hopping, and pristine beaches. Cape May is a premier destination for boaters and coastal enthusiasts, providing direct harbor access and vibrant seaside atmosphere. Whether you’re 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 May’s premier boating waters—a haven for yachting, fishing, and waterfront living at its finest. Whether as a multi-unit development ora 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. This information was deemed accurate but not guaranteed. More detailed information for financially approved buyers is available. 1505 YACHT AVENUE,CAPE MAY NJ 08204 – Available Documents to qualified buyers only: Cape Atlantic – Certification Soil Erosion & Sediment Control Plan, Final Historic Preservation Commission, Final Resolution Zoning Board, Variance Expiration – Piling & Foundation permits – pilings partially installed, Buildings ZB & HPC Approval – City of Cape May – Approved Fire 8.4.2022 & Public Works & Shade Tree, 3.17.2023 – Working Plans 3 Units– Hyland Group, 3.17.2023 – Working Plans 4 Units, Site Plan 9.9.20 last revised 12.1.22, Renderings, Triad – COAH, Triad – Letter – 1.4affordable housing (1 on or off site) .4 cash – ($73,143.61 subject to change based on the project size). No access to the site without and appointment set in advance with agent.

Property 2

1505 Yacht Ave, Cape May

  • 0

  • 0.0

  • $7750000

Welcome to 125 Rosemans Lane, a stunning waterfront home nestled in the heart of Cape May’s vibrant marina district. Built in 2021, this luxurious residence offers breathtaking views of Spicers Creek and Schellenger’s Landing, combining modern amenities with coastal charm. The interior features an open concept living space with high ceilings and abundant natural light. A gourmet kitchen is equipped with high-end stainless-steel appliances and custom cabinetry. The spacious living room boasts a gas fireplace. The primary suite offers a walk-in closet and an en-suite bathroom, providing a serene retreat. The additional 4 bedrooms and 2.5 baths make this ideal for guests or family members, offering privacy and comfort. An elevator provides convenient access to all levels, while custom finishes add elegance throughout the home. The top floor is enhanced with radiant heated floors, providing ultimate comfort year-round. The exterior offers two outside decks with panoramic water views. A two-car garage provides ample storage space, and the professionally outside landscaping enhances the home\'s curb appeal. Spicers Creek at Cape May Marina is home to The Paddle Club. For an additional fee, this private club offers two saltwater pools, one of which is heated, along with plenty of outdoor entertaining space featuring a bar and grille area. For the boater, a slip accommodating a vessel up to 70 feet is available for additional fees as well. Located near Cape May’s top dining, shopping, and entertainment options, this home offers the perfect blend of privacy and convenience. Just minutes from pristine beaches, world-class fishing, and the Cape May Marina, this property provides an exceptional coastal lifestyle. Don’t miss this opportunity to own a piece of Cape May’s waterfront luxury! Contact us today to schedule a private showing.

Property 2

125 Rosemans, Cape May

  • 5

  • 3.1

  • $2300000