217-221 E BURK AVE, Wildwood, NJ 08260
217-221 E BURK AVE, Wildwood, NJ 08260
217-221 E BURK AVE, Wildwood, NJ 08260
217-221 E BURK AVE, Wildwood, NJ 08260
217-221 E BURK AVE, Wildwood, NJ 08260
217-221 E BURK AVE, Wildwood, NJ 08260
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Jessica Verfaillie

Jessica Verfaillie

+1(856) 982-7964
Listed by John Rinick • Prime Realty Partners
$ 2,395,000
Est. payment | /mo

17 Beds

9 Baths

6,000 SqFt

Save
$ 2,395,000
Est. payment | /mo
Save

17 Beds

9 Baths

6,000 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 6,000 sqft

Price per Sqft $399

Subdivision Wildwood

MLS Listing ID NJCM2007078

Style Coastal

Bedrooms 17

Full Baths 9

HOA Y/N N

Abv Grd Liv Area 6,000

Year Built 1960

Annual Tax Amount $31,148

Tax Year 2025

Lot Dimensions 80.00 x 100.00

Property Sub-Type Detached

Source BRIGHT

Property Description

Builders, investors, and operators—don't miss this rare opportunity to acquire a 9-unit condo portfolio in the heart of Wildwood, NJ, being offered as a package deal along with a buildable lot. This unique offering includes nine individually deeded condominium units, consisting of eight 2-bedroom, 1-bath units and one spacious rear cottage featuring 1 bedroom and 1 bath. The additional lot, currently utilized as parking for tenants, is large enough to accommodate the construction of one or two homes, similar to the neighboring properties at 223 and 225. The entire property has undergone extensive renovations within the past year and a half, and the heavy lifting has already been completed, including the full rehab, condo conversion, elevation certificate, and more. All units are currently operating as short-term summer rentals and continue to take reservations, offering immediate income potential. Ideally located just blocks from the beach, boardwalk, and Convention Center, this property sits in one of Wildwood's most desirable rental zones. A truly unique investment opportunity combining strong current cash flow with future development upside.

Location

State NJ

County Cape May

Area Wildwood City (20514)

Zoning PARZ

Rooms

Main Level Bedrooms 9

Interior

Hot Water Electric

Heating Other

Cooling Ductless/Mini-Split

Inclusions All furniture

Furnishings Yes

Fireplace N

Heat Source Electric

Laundry Has Laundry

Exterior

Amenities Available None

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Lot Description Additional Lot(s)

Story 2

Foundation Slab

Above Ground Finished SqFt 6000

Sewer Public Sewer

Water Public

Architectural Style Coastal

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Wildwood City Schools

Others

HOA Fee Include None

Senior Community No

Tax ID 14-00085-00005-C0001

Ownership Condominium

SqFt Source 6000

Acceptable Financing Cash, Conventional, Private

Listing Terms Cash, Conventional, Private

Financing Cash,Conventional,Private

Special Listing Condition Standard

Bright MLS (BMLS)
Jessica Verfaillie

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(856) 982-7964

homeswithjlv@gmail.com

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217-221 E BURK AVE