For Sale 3400 Boardwalk, Unit 3J, Wildwood, NJ, 08260

3400 Boardwalk is located in an area that could be described as the Times Square of the Wildwood Boardwalk, directly across from Mariner’s Pier. The property offers exceptional exposure with 30.9 feet of direct boardwalk frontage and an additional 54.3 feet along Cedar Avenue Boardwalk. The main draw to this investment is the $140,000 NNN lease, which expires in 2027 and includes a five-year extension option. The property was formerly home to Harry’s Corner and is now occupied by Wally’s Restaurant. The unit also features the iconic Coca-Cola sign, a well-known landmark on the boardwalk that generates an additional $15,000 in annual income through a lease agreement with Coca-Cola. At the asking price and under the current lease terms with the tenant and Coca-Cola, the property offers an investor a 6.74% return. Additionally, Unit 3J is available for $714,000 and generates $50,000 in annual rental income under the same lease terms with the same tenant, resulting in a 7% cap rate.

PRIME LOCATION....ACROSS FROM BEACH AND BWALK. PARKING LOT GOES FROM OCEAN TO ATLANTIC AVENUES. PRIME FOR HOTEL, MOTEL AND OTHER COMMERICAL USES ENDLESS POSSIBILITIES. THIS AREA IS ONE OF THE HOTEST AREAS IN WILDWOOD FOR DEVELOPMENT. DOESN\'T GET ANY BETTER. ROADMAP FOR SUCCESS: HAVE THE VISION; REALIZE THE IMPACT; AND SEE THE GROWTH. SKY IS THE LIMIT.

Welcome to Wildwood\'s first true luxury experience located BEACHBLOCK at this exquisite residence which is literal steps to the beach and boardwalk, and within easy walking distance to all that Wildwood has to offer. This one-of-a-kind, fully poured concrete and concrete block structure from top to bottom will provide unparalleled strength and stability. Pre-cast concrete ceilings and floors will provide a level of noise reduction and wind resistance that is unmatched. The open-concept floor plan harmonizes modern design with the natural beauty of the coastal surroundings. Savor ocean views from the large private deck, with plenty of room for a table/chairs and lounge furniture, allowing you to easily incorporate the outside and inside, plus a large storage closet on the deck is included. At approximately 1700 sq feet interior space plus approximately 200 sq feet of private deck space, this condo ensures ample space for both relaxation and entertainment with 4 generously appointed bedrooms and 3 luxuriously crafted bathrooms. Enjoy a chef\'s dream kitchen, featuring top-of-the-line appliances, custom cabinetry, and pristine stone countertops, perfect for hosting intimate gatherings or preparing large family meals. No detail is spared, including wide plank floors throughout, custom lighting fixtures, meticulously crafted millwork, and marble and porcelain bathroom finishes with glass enclosures. Enjoy exclusive elevator access to the rooftop deck that is perfect for viewing Friday Night Fireworks and listening to concerts on the beach. Each unit will have a large storage room that is perfect for storing beach gear, plus common bike storage on the ground level. With a state-of-the-art gated entrance to the carport, large common elevator, 13-foot ceilings in the carport with two assigned parking spots perfect for large vehicles, residents can enjoy the utmost privacy and security in this exclusive community. Taxes and Condo Fees to be determined. Interior pictures are of a sample unit in building with similar finishes as the unit offered for sale.