Cape May Real Estate and Vacation Rentals Coastal Marketing Group | RE/MAX Surfside
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804 Delaware Avenue, Villas

Active | $700,000

Description

Great Opportunity to update the current home & possibly build a new one! This corner lot is approx 130' wide frontage on Delaware Ave facing the Bay & 129' depthon Pinetree Dr. According to tax records this 16,770 square foot lot should be suitable for a subdivision or possibly a duplex. It was used as a year-roundsingle family home with a rentable detached cottage (was renting for $1200/week in summer) this property offers an array of options for the next owner. With thepotential to possibly split this lot in two you could update the current home adding a second floor to obtain amazing bay views from the corner lot and build a brandnew single family that could also offer bay views. You may lose the ability to have the rental unit out back & need to take down the screen porch with thesubdivision but I think it will be worth it to create a spectacular new home across from the bay. The home itself has vinyl siding a newer roof (approx. 5 years),natural gas heat, central air, & electric baseboard heat for backup. The spacious living room & large eat-in kitchen create lots of potentials to do some updating &the large footprint of the home may be ideal to add a second floor. Of course, you want to do your due diligence to confirm the structure & potential subdivision.Live in one while you build another or make this a development project. Being sold mostly furnished and in as-is condition.

Features

  • Screened Porch

  • Eat-In-Kitchen

  • Laundry Closet

  • Living Room

  • Dryer

  • Refrigerator

  • Stove Electric

  • Washer

  • Heat Fuel:Forced Air

  • Heat Fuel:Gas Natural

  • Basement:Crawl Space

  • Cooling:Central Air Condition

  • City

  • Ranch

  • Exterior:Vinyl

Location

 

Let the COASTAL MARKETING GROUP be your buyer for this listing. LISTING IS PROVIDED BY RE/MAX SURFSIDE. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.

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609-884-4242315 Ocean Street, Suite 24, Cape May, NJ 08204
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