217-221 E BURK AVENUE Overview
- Time on Site:
- 84 days
- Visits:
- 4
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.
217-221 E BURK AVENUE Facts & Features
- Type Commercial
- Sq. ft. 6,000
- Price/Sq.ft. $382
Details
General
Listing Information
- Real Estate Owned: No
- Short Sale: No
Building Information
- New Construction: No
- Year Built: 1960
Business Information
- Business Type: Other
Location/Region
- Country: US
- County: CAPE MAY
- County Or Parish: CAPE MAY
- MLS Area Major: Wildwood City (20514)
- Subdivision Name: WILDWOOD
Parking Information
- Total Parking Spaces: 10
- Type of Parking: Parking Lot,On Street
Tax Information
- City/Town Tax Payment Frequency: Annually
- County Tax Payment Frequency: Annually
- Tax Annual Amount: $31,148.60
- Tax Assessed Value: 114700.00
- Tax Year: 2025
General Information
- Inclusions: All furniture
- Property Condition: Excellent,Very Good,Good
- Property Sub Type: Five Or More Units
- Property Type: Commercial Sale
- School District Name: WILDWOOD CITY SCHOOLS
- Special Listing Conditions: Standard
- Vacation Rental: No
- Year Assessed: 2025
- Zoning: PARZ
Interior
Building Information
- Cooling Fuel: Electric
- Heating Fuel: Electric
- Total Drive In Doors: 0
Parking Information
- Garage: No
Building Interior
- Building Area Source: Estimated
- Building Area Total: 6000.00
- Central Air: No
- Hot Water: Electric
General Information
- Accessibility Features: None
- Cooling: Ductless/Mini-Split
- Foundation Details: Slab
Exterior
Building Information
- Total Loading Docks: 0
Lot Information
- Lot Dimensions Source: Estimated
- Lot Features: Additional Lot(s)
- Lot Size Dimensions: 80.00 x 100.00
- Water Source: Public
Waterfront/View
- Water Oriented: No
- Water View: No
- Waterfront: No
Building Exterior/Construction
- Construction Materials: Block, CPVC/PVC, Frame, Glass, Vinyl Siding
- Roof: Flat
General Information
- Sewer: Public Sewer
- Water Access: No
217-221 E BURK AVENUE Neighborhood
Community
08260 (North Wildwood) Demographics
217-221 E BURK AVENUE Monthly Cost
217-221 E BURK AVENUE Market Data
Based on the last 30 days in this zip code
217-221 E BURK AVENUE History
| Date | Value | Agent |
|---|---|---|
| 5/20/2026Source: BRIGHT MLS | $2,295,000 -4.2% |
|
| 4/6/2026Source: BRIGHT MLS | April 06, 2026 |
Contact Information: [email protected] - 8562103000