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9214 Winchester Ave - Margate NJ Luxury Development Opportunity 0.16 Acres of Commercial Land Offered at $4,449,856 CAD in Margate City, NJ 08402
Investment Highlights
- One of a kind - LARGE CORNER LOT, 91 X 75
- Development Opportunity - MULITFAMILY
- Destination Location - NEW JERSEY SHORE
Executive Summary
beaches, fishing, scenic bike rides, multiple boardwalks close by, Atlantic City
6 miles. This is a development opportunity. You will have the house demolished.
Financial Summary (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
1 Lot Available
Lot 16
| Price | $4,449,856 CAD | Lot Size | 0.16 AC |
| Price Per AC | $28,400,920.26 CAD |
| Price | $4,449,856 CAD |
| Price Per AC | $28,400,920.26 CAD |
| Lot Size | 0.16 AC |
Large Luxury Corner Lot, 91 X 75 Corner lot at Winchester Ave & N Washington Ave. Development Opportunity, WAPC, Develop info: www.margate-nj.com. Finished SF can be up to an est. #8530. MF 3 units Res, Municipal, Community, Fam or Child Daycare.
Description
LAND FOR SALE, Large Luxury Corner Lot, 91.0 X 75.0 Corner lot at Winchester Ave & N Washington Ave. Parcel ID: Block 226 lot 16 Development Opportunity, ZONING WAPC, Development info: www.margate-nj.com Finished square feet can be up to an estimate Total of #8530 SF including garage space. Principal Permitted Use: Multifamily 4 Dwellings, 2 ½ stories, 50% large footprint - Single Family - Municipal Use - Community Res, Family Day care - Childcare This Jersey Shore property has a high walkability rating for shopping, restaurants, Add property Buyer Guidelines to the New Jersey Residential Purchase Agreement and or For Sale by owner contract. Do not make changes: 1. Buyer can take possession in September. 2. Buyer pay their representations, tax, title Insurance, closing, title fees, permits, surveys, etc. 3. Buyer proof of funds is attached. 4. Buyer earnest money is $50,000. or more & will be held by in escrow at: Atlantic Title Agency - 718 Shore Rd Somers Point, NJ. 08244 609-365-1212 5. Buyer earnest money is nonrefundable at the due diligence deadlines and or failure to meet deadlines. 6. Buyer failure to close by specific deadline would be a $150.00 penalty per day. 7. Buyer contract agreement is not transferable. 8. Buyer is buyer the property as is. 9. Buyer proof of funds is attached beaches, fishing, scenic bike rides, multiple boardwalks close by, Atlantic City 6 miles. This is a development opportunity. You will have the house demolished.
Presented by
Julie Martines
9214 Winchester Ave - Margate NJ Luxury Development Opportunity
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