400 Spencer Avenue, Wildwood

Rare offering in the heart of Wildwood a well-maintained beach block property featuring an expansive parking lot with capacity for 80100 cars plus a 3-bedroom, 2-bath year-round apartment with living room and kitchen. The apartment roof has been recently replaced, and the property has been kept in excellent condition, providing immediate rental income and strong holding potential. This site presents unlimited possibilities for developers and investors. Continue to operate the parking lot as a steady cash-flowing business while exploring plans for a future redevelopment project. Its location on the east side of Ocean Avenue offers direct proximity to the boardwalk, beach, and all of Wildwoods attractionsideal for condos, multifamily residences, boutique lodging, or mixed-use concepts. With fabulous growth and redevelopment opportunities in Wildwood, this property is perfectly positioned for both short-term returns and long-term vision. Dont miss one of the last true beach block parcels of this sizean opportunity with endless potential.

This listing is provided courtesy of HOFFMAN AGENCY