Sidonia Shaw - Century 21 Gold Key Realty Logo
$2,295,000
 $12,320 est/mo Sourced by Back At You

217-221 E Burk Ave,WILDWOOD, NJ 08260

WILDWOOD, NJ 08260

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Description

Builders, investors, and operators-don't miss this rare opportunity to acquire a 9-unit condo portfolio in the heart of Wildwood, NJ, being offered as a package deal along with a buildable lot. This unique offering includes nine individually deeded condominium units, consisting of eight 2-bedroom, 1-bath units and one spacious rear cottage featuring 1 bedroom and 1 bath. The additional lot, currently utilized as parking for tenants, is large enough to accommodate the construction of one or two homes, similar to the neighboring properties at 223 and 225. The entire property has undergone extensive renovations within the past year and a half, and the heavy lifting has already been completed, including the full rehab, condo conversion, elevation certificate, and more. All units are currently operating as short-term summer rentals and continue to take reservations, offering immediate income potential. Ideally located just blocks from the beach, boardwalk, and Convention Center, this property sits in one of Wildwood's most desirable rental zones. A truly unique investment opportunity combining strong current cash flow with future development upside.

Details

MLS #NJCM2007082
Listing TypeFor Sale
Sub-TypeResale
StatusActive-bright
Year1960
Days On Site196
Listing Provided ByPrime Realty Partners | John Rinick

Features

SQ Feet6,000
Units1
ZoningPARZ
Acreage0.18

Interior

CoolingDuctless/Mini-Split
Heating Yes / NoYes
HeatingOther

Exterior

RoofFlat
Construction MaterialsBlock, CPVC/PVC, Frame, Glass, Vinyl Siding
Foundation DetailsSlab
Lot FeaturesAdditional Lot(s)

Parking

Garage Yes / NoNo

Taxes

Tax Annual Amount31148.6

Area Information

StateNJ
CountyCAPE MAY NJ
CityWILDWOOD
Zip Code08260
AreaWildwood City (20514)
Community NameWILDWOOD
School DistrictWILDWOOD CITY SCHOOLS
Listing VS Median (in WILDWOOD)
Price:
$2,295,000
low | high
Med:
$1,299,999
93.355163398693% of Average
sqft:
6,000
low | high
Med:
1,850
100% of Average
$ / sqft:
$383
low | high
Med:
$703
33.712983571807% of Average
On site:
196
low | high
Med:
125
100% of Average
Sourced by Back At You

Market Activity 08260

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Learn More About This Property

Sidonia Shaw

Sidonia Shaw

Century 21 Gold Key Realty

 (302) 613-8892sidoniashaw@c21gk.com
StateNJ
CountyCAPE MAY NJ
CityWILDWOOD
Zip Code08260
AreaWildwood City (20514)
Community NameWILDWOOD
School DistrictWILDWOOD CITY SCHOOLS
Listing VS Median (in WILDWOOD)
Price:
$2,295,000
low | high
Med:
$1,299,999
93.355163398693% of Average
sqft:
6,000
low | high
Med:
1,850
100% of Average
$ / sqft:
$383
low | high
Med:
$703
33.712983571807% of Average
On site:
196
low | high
Med:
125
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.721M - $2.868M
sqft: 4,500 - 7,500
Nearby Listings Property ImageNearby Listings Details
217-221 E BURK AVE Property Photo 1
$2,295,000
217-221 E Burk Ave
Wildwood, NJ 08260
Listing Updated: October 19, 2026 at 2:41:31 PM PDT

Sidonia Shaw - Century 21 Gold Key Realty