9211 Monmouth Ave Margate, NJ 08402
Margate Investment and or Development Project!! Currently an Apartment complex consisting of 11 residential units. 10 one bedroom units and one efficiency. Laundry room on site and all units include a balcony and or porch. Electric heat paid by tenancy. Lease information available in associate documents. The complex sits on a lot 131 X125 close to bay and popular fine dining. Margate zoning officials have confirmed from a development perspective in WSD zone the permitted property developed allows for 7 townhomes with commercial below approximately 2000 square ft or possibly 5 single family homes @3200 square ft each. Use variance may be required for either. We recommend buyer reviews their plan with zoning. The location welcomes new construction and is an awe-inspiring opportunity in an extremely sought after location and trending neighborhood. Manifest your design strategy in Margate!
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyAtlantic
- Taxes$11,341
- HOA/Condo/Coop Fees$0
- Days on Site92 Days
- MLS StatusActive Under Contract
- MLS ID Number573902
- Home Size Source N/A
- Year Built1955
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking P A R K I N G - E X T E R I O R: Three or More CarsGarage: None
- Sewer Public Sewer
- Water Public
- Property Sub Type Multi Family
Interior Features
- Heating Electric
Exterior Features
- Spa No
- Waterfront Property No
Community Features
- Senior Community No
- MLS Area Margate City