Commercial

1505 Yacht Avenue, Cape May

$7,750,000

Property Details Property Details
Once in a Lifetime Prime Waterfront Development Opportunity in Cape May An exceptional opportunity to develop 0.7 acres of waterfront property on Cape Mays Yacht Ave. 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 Mays most desirable locations. Situated in a highly walkable location, this property offers convenient access to the Marina District, where youll find some of Cape Mays most popular restaurants, including Lucky Bones, The Lobster House, and Meyers. 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 youre 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 Mays premier boating watersa haven for yachting, fishing, and waterfront living at its finest. Whether as a multi-unit development or a one-of-a-kind private retreat, this rare waterfront property is a blank canvas ready for your vision: Highlights Dig Ready for 7 townhomes, 1 Existing renovated Historic Home, 17- 23 slips, 7 marina parking, marina bathroom room, 7 overflow residential parking, Garages for townhomes. Need a builder we can supply a fantastic local builder who has been involved from the beginning on this project.

This listing is provided courtesy of COASTLINE REALTY, LLC


Bedroom bedrooms

  • MLS #: 251032
  • Status: Active
  • Address: 1505 Yacht Avenue, Cape May, NJ 8204
  • Date Listed: 3/29/2025
  • Days on Market: 20
  • Stipulations: No

Location Location

Interior Features Interior Features
  • Cool System: Central Air Conditioning
  • Heat System: Gas Natural
  • Hot Water: Gas

Exterior Features Exterior Features
  • Exterior: Other (See Remarks)
  • New Construction: No

Additional Features Additional Features
  • County: Cape May County
  • Property Type: Commercial/Industrial
  • Water/Sewer: City
  • Lot Number: 6
  • Block Number: 1160
  • Associated Document Count: 3
  • District/Township: 02-Cape May City
  • For Sale / Lease: For Sale
  • Taxes: 14491
  • 3rd Party Approval: No

Disclaimer:The data relating to real estate for sale on this website comes in part from both the Broker Reciprocity Program of the South Jersey Shore Regional MLS and/or the Cape May County MLS, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms. The brokers providing these listings advise interested parties to do their due diligence before relying on this information in a purchase decision. The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. All information deemed reliable, but not guaranteed. All properties are subject to change.