5405 Winchester Ave, Ventnor, NJ 08406 – 579820 - Joseph Lam

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Joseph Lam

sales@soldbyturnkey.com +1(856) 305-8329

$549,000

Est. payment - /mo

2,178 Sqft Lot

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UPDATED:

11/13/2024 08:32 PM

Key Details

Property Type Vacant Land

Sub Type 1 to 6,000 SQFT

Listing Status Active

Purchase Type For Sale

MLS Listing ID 579820

Annual Tax Amount $4,056

Tax Year 2022

Lot Size 2,178 Sqft

Property Description

PRICE REDUCED!! Do not miss this redevelopment opportunity located in the St. Leonard's Tract Historic Neighborhood. Great chance to build new or redevelop the existing dwelling. Seller is reviewing all sale proposals. Terms proposed include an "AS IS" Sale, thirty (30) day closing, Buyer responsible for all Municipal, County, State or other requirements needed obtain a Certificate of Occupancy. Seller would have the right to remove all personal items to include furniture, systems and and appliances currently in the property. The property location is just off the Bay and three short blocks to the Ventnor Beach and Boardwalk. Located with in a short walk to the Ventnor Movie Theater complex featuring Nucky's Restaurant and Bar, the AAAA Bike Shop, Tennis and Pickleball Courts, Wawa, additional restaurants located on Ventnor and Atlantic Avenues and much more! The property is being sold as land value. Design and Build your Shore home with decks with bay and ocean views views. Ground floor would provide lots of storage and off street parking!! Currently there is a five (5) year 30% real estate tax abatement program available for new constructed compliant homes. There are existing approved architectural plans in place that would need to updated. Plans were developed based on the most recent flood elevation certificate dated 03-17-2017. Seller is entertaining all offers at this time. Showing are by appointment only as interior is under construction.

Location

State NJ

County Atlantic

Community Ventnor

Area Ventnor City

Zoning Residential

Location Details See Remarks,Water View

Exterior

Utilities Available Cable, Electric, Gas, Sewer, Water

Others

Senior Community No

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South Jersey Shore Regional MLS (SJSRMLS)

Listed by DANIEL J SMITH REAL ESTATE INC

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Joseph Lam

+1(856) 305-8329

Broker Associate | License ID: 0682262

Broker Associate License ID: 0682262