Off-Market Property at 1700 Ocean Ave, Brigantine, NJ, 08203

1700 Ocean Ave, Brigantine, NJ, 08203

$3,900,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $1.6K per day, based on similar listings in the area. Estimated short-term cap rate of 3.1%. PREMIER BEACHBLOCK NEW CONSTRUCTION! Only 400-block new construction currently available in Brigantine. Breathtaking ocean views abound from this amazing location on an oversized corner lot in the heart of the A-Zone. Three-story home by AlisonPaul Builders will feature over 4,300 square feet, 6 bedrooms, 5.5 bathrooms, and will be the epitome of coastal luxury living. Watch the waves roll in and out, over the sand, from the second and third floor levels. Municipal parking area and Brigantine Beach lifeguard headquarters adjacent to the site means views will be preserved forever. Space has been carefully maintained for inground pool and spa at owner’s option. Central location is perfect for biking and walking to Brigantine’s best beaches, dining and entertainment! Act now to customize this exquisite home. Currently under construction with anticipated Spring 2025 delivery. This is the definition of luxury beach living!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$12400
Bedrooms
6
Bathrooms
6
SQFT
3,984
Furnished
unknown
Year built
Listing Status
Off Market
MLS
583228

Short-term Rental Potential
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$383,244

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$978

Price/SQFT