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$9,200,000
1505 N Ocean Avenue, Seaside Park, NJ 08752
0 Beds
0 Baths
n/a SqFt

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Amazing oceanfront commercial /development opportunity in Seaside Park! Benefit from the best location moments to the boardwalk and sandy beach, and incredible potential on the coveted Jersey Shore. Now available for sale and occupying an entire oceanfront block, The Desert Palm Inn is presently operating as a 51-room motel/hotel complete with 51 parking spaces, an in-ground pool, a manager's apartment, and laundry facilities. The unique property is ideal for the investor to own as is or seasoned developer seeking prime real estate to build desirable condominiums or oceanfront homes. The building is in excellent well-maintained condition with comfortable, generously-sized rooms featuring outdoor decks, ocean views, hardwood floors, AC units, legal heat, TV's, nicely tiled full baths and
  • Price:
  • $9,200,000
  • Acreage:
  • 0.53
  • Listing ID #:
  • 22200016
  • Street Address:
  • 1505 N Ocean Avenue
  • City:
  • Seaside Park
  • State:
  • New Jersey
  • Postal Code:
  • 08752
  • County:
  • Ocean
  • Subdivision:
  • None
  • Listing Status:
  • Active
  • Listing Type:
  • Lots And Land
  • View:
  • Ocean, Water
  • Conforms To Zoning:
  • Commercial, Conforming Use, Multi-Use, Office, Professional, Residential, Single Family
  • Property Taxes:
  • $40,913
  • Tax Year:
  • 2021
  • Waterfront:
  • Yes
30-year Conforming

6.399%

0.118%

30-year FHA

6.152%

0.099%

30-year VA

6.085%

0.123%

Last updated: 9/22/2022
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Copyright © 2022 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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