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Check Out a Prime Waterfront Development Opportunity in Cape May

From Coastline Realty

1505 Yacht Avenue, Cape May

Waterfront development opportunity

Asking Price: $7,750,000

Listing Agent: Carol Menz

Realtor, Broker of Record

CarolMenz@CoastlineRealty.com

Office: 609-884-5005

Cell: 609-374-0325

1505 Yacht Avenue is an exceptional opportunity to develop 0.7 acres of waterfront property on Cape May’s Yacht Avenue. 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.

This waterfront property is a blank canvas ready for your vision: Highlights are: Dig Ready for 7 townhomes, 1 Existing renovated Historic Home, 17- 23 boat slips, 7 marina parking spots, marina bathroom, 7 overflow residential parking spots, and garages for townhomes. Interested, but need a builder? A fantastic local builder has been involved from the beginning on this project and information provided to connect with them.

For additional information, please contact listing agent, Carol Menz – Broker of Record, of Coastline Realty directly at (609) 374-0325, at the office at (609) 884-5005, or by email at CarolMenz@CoastlineRealty.com

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