1201 Boulevard, Seaside Heights, NJ 08751
$2,000,000
Property Type:
Commercial
Square Footage:
19,188
Lot Size (sq. ft.):
11,326
Status:
Closed
Current Price:
$2,000,000
List Date:
10/04/2023
Last Modified:
2/15/2025
Description
21 Unit Hotel plus Mgrs Suite. Includes 10 Suites, 3 Family Suites, 3 Doubles, 4 Private Balconys, one 2 Bedroom Apartment, Pool & Lounge area. One Block to the Beach. Off Street Parking. Prestigeous North End, walk to rides, amusements, shopping, beach, restaurants. State of the Art Security Camera System. Includes new tenant operated restaurant onsite. Huge potential upside to the income to be run as upscale online Airbnb Style Boutique Property. Over a dozen local motels recently torn down creating a huge demand for seasonal rentals. These opportunities don't come along very often. Jump in on the massive redevelopment taking place in Seaside Heights. Great opportunity to be a Flag/Franchise or Airbnb Style Property 1 Hr to NYC, Philly & AC of PKy Exit 82. Qualified buyers only.
More Information MLS# 22327606
Contract Info
Sale: Yes
Lease: No
List Price/SqFt: 119.86
Status: Closed
List Date: 2023-10-04
Property Sub-Type: Commercial
Sold Price: $2,000,000
Current Price: $2,000,000
Location
Area/Section: Seaside Heights
Business District: 1
House Number: 1201
Street Name: Boulevard
County: Ocean
Municipality: Seaside Heights (SEH)
Postal City: Seaside Heights
State: NJ
Zip Code: 08751
Directions: 1 Block to the beach and boardwalk, corner of Fremont and the Blvd. Great opportunity for new Franchise/Flag or Boutique Airbnb Style Hotel
General Property Info
# Levels: 3
Acreage: 0.26
Lot Dimensions: 120 x 95
Garage: No
# Car Garage: 0
Apx SqFt: 19188
Apx Year Built: 1985
Tax and Legal
Asmnt - Total: 1278300
Taxes: 33402
Tax Year: 2022
Income & Expenses
# Rental Units: 21
Use
Apartments: 1
Hotel/Motel: 1
Restaurant: 1
Zoning
Central Business: 1
Commercial: 1
Live-in Professional: 1
Multi-Use: 1
Neighborhood: 1
Lot Description
Corner Lot: 1
Oceanside: 1
Electric
440 Volts: 1
Basement
Crawl Space: 1
Gas
At Street: 1
Seat Capacity
25 - 50: 1
Water Heater
Natural Gas: 1
Heating
Electric: 1
Water
Public Water: 1
Sewer
Public Sewer: 1
Exterior
Fenced: 1
Lighting: 1
Security System: 1
Sign: 1
Parking
Off Street: 1
On Site: 1
Paved: 1
Assessment Status
Assessed: 1
Construction/Siding
Wood: 1
Roof
Shingle: 1
Sale Includes
Goodwill: 1
Inventory: 1
Phone System: 1
Signs: 1
Documents Available
Aerial Photo: 1
Status Change Info
Under Contract Date: 2024-02-28
Sold Date: 2024-12-04
Sold Price: $2,000,000
Property Features
Location: Business District; Business District
Use: Apartments; Hotel/Motel; Restaurant
Basement: Crawl Space
Seat Capacity: 25 - 50
Water Heater: Natural Gas
Water: Public Water
Sewer: Public Sewer
Gas: At Street
Electric: 440 Volts
Exterior: Fenced; Lighting; Security System; Sign
Parking: Off Street; On Site; Paved
Roof: Shingle
Sale Includes: Goodwill; Inventory; Phone System; Signs
Zoning: Central Business; Commercial; Live-in Professional; Multi-Use; Neighborhood
Lot Description: Corner Lot; Oceanside
Assessment Status: Assessed
Documents Available: Aerial Photo
Listing Office:
Seaside Heights Realty Inc.
Listing Agent:
Michael Loundy
Last Updated: February - 15 - 2025
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