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For Sale 9211 Monmouth, Margate, NJ, 08402

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9211 Monmouth, Margate, NJ, 08402

$3,349,000

Joe Young
  • 0

  • 0

Margate Investment and or Development Project!! Currently an Apartment complex consisting of 11 residential units. 10 one bedroom units and one efficiency. Laundry room on site and all units include a balcony and or porch. Electric heat paid by tenancy. Lease information available in associate documents. The complex sits on a lot 131 X125 close to bay and popular fine dining. Margate zoning officials have confirmed from a development perspective in WSD zone the permitted property developed allows for 7 townhomes with commercial below approximately 2000 square ft or possibly 5 single family homes @3200 square ft each. Use variance may be required for either. We recommend buyer reviews their plan with zoning. The location welcomes new construction and is an awe-inspiring opportunity in an extremely sought after location and trending neighborhood. Manifest your design strategy in Margate!

Listing courtesy of: FARLEY and FERRY REALTY, INC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional 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 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
Total Rooms
Full Bath 0
# of Stories
Year Build 1955
Lot Size
Tax 11341.00
SQFT
ParkingGarageNone
WaterPublic
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions
# Units 11 - 20 Units
Tax Year 2022
Area Margate City
HeatingElectric
SewerPublic Sewer
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