Tom Poss
Office: 301.698.3232
Cell: 301.514.3900
9211 Monmouth Ave, MARGATE CITY
$3,349,000
0 Beds
0 Baths
16,375 Sqft
.38 Acres
0 Garages
Margate Investment and or Development Project!! Currently an Apartment complex consisting of 11 residential units fully occupied. 10 one bedroom units and one efficiency. Laundry room on site and all units include a balcony and or porch. Electric heat paid by tenancy. Lease information available in associated documents. The complex sits on a lot 131 X125 close to bay and popular fine dining. Margate zoning officials have confirmed from a development perspective in WSD zone the permitted property developed allows for 7 townhomes with commercial below approximately 2000 square ft or possibly 5 single family homes @3200 square ft each. Use variance may be required for either. We recommend buyer reviews their plan with zoning. The location welcomes new construction and is an awe-inspiring opportunity in an extremely sought after location and trending neighborhood. Manifest your design strategy in Margate!
Essential Information
MLS® #NJAC2010864
Price$3,349,000
Bathrooms0.00
Square Footage16,375
Acres0.38
Year Built1955
TypeCommercial Sale
Sub-TypeFive Or More Units
StatusPending
Community Information
Address9211 Monmouth Ave
AreaMargate City (20116)
CityMARGATE CITY
CountyATLANTIC-NJ
StateNJ
MunicipalityMARGATE CITY
Zip Code08402
Interior
HeatingForced Air
CoolingCeiling Fan(s)
Exterior
ExteriorStucco
School Information
DistrictMARGATE CITY SCHOOLS
Additional Information
ZoningWSD
Listing Details
OfficeFarley & Ferry Realty Inc
Office Contact6098221836
Property History
Status Changed from Active to Pending
Price Reduced from $3,399,000 to $3,349,000
LISTING MAP
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Listing information last updated on January 11th, 2025 at 1:15am EST.
