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$2,395,000
24 Days On Site

217-221 E Burk Ave
Wildwood, NJ 08260

For Sale|Single Family Residence|Active
17
Beds
9
Total Baths
9
Full Baths
6,000
SqFt
$399
/SqFt
1960
Built
County:
Cape May

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217-221 E Burk Ave217-221 E Burk Ave217-221 E Burk Ave217-221 E Burk Ave
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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.

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Listing Snapshot
Price 
$2,395,000
Days On Site 
24 Days
Bedrooms 
17
Inside Area (SqFt) 
6,000 sqft
Total Baths 
9
Full Baths 
9
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1960
MLS® Number 
606440
Status 
Active
Property Tax 
$31,149
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
3 weeks agoStatus changed to Active
3 weeks agoListing first seen on site
General Features
Number Of Stories 
2
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Style 
2 Story
Water Source 
Public
Interior Features
Appliances 
Electric Water Heater
Heating 
Electric
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Exterior Features
Construction Details 
Vinyl Siding
Listing courtesy of Prime Realty Partners

IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the South Jersey Shore Regional MLS. Source: South Jersey Shore Regional MLS ©

Neighborhood & Commute
Source: Walkscore
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