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For Sale 2778 Dune, Avalon, NJ, 08202

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2778 Dune, Avalon, NJ, 08202

$1,495,000

Barbara Fasy
  • Buyer Agent Compensation: N/A
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  • Condo

  • 3

  • 2

BEAUTIFULLY RENOVATED CONDO IN 2022 SITUATED IN A VERY CONVENIENT CENTER TOWN LOCATION ONLY THREE BLOCKS TO THE BEACH. Second floor unit offering three bedrooms and two full baths with 1,425 square feet of living space. The extensive renovations completed in 2022 included new engineered wide plank floors, new kitchen cabinets, stunning Super White quartz countertops, new stainless-steel appliances, ice maker, beverage fridge, custom tiled baths, new carpets, custom built ins, attractive trim package, fresh paint, custom window treatments and new A/C compressor. There are two, private expansive sun decks on the west side of the home and east side which has its own automated awning. The front entrance opens to a beautiful vaulted great room with wide plank floors, custom built in, dining banquet seating, kitchen with huge center island with plenty of seating, primary bedroom with new custom bath, two additional bedrooms, new hall bath and laundry. The decorator furnishings are fabulous with many Serena Lily pieces. Home sold beautifully furnished and decorated. The property is situated on the corner of 28th Street and Dune Drive. The 28th Street beach is guarded and is also a raft beach. For the surfers, 30th Street is only two blocks away.

Listing courtesy of: FERGUSON-DECHERT, INC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Cape May Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright Cape May Multiple Listing Service. All rights reserved.
Total Rooms 6
Full Bath 2
# of Stories One
Year Build 1999
Lot Size
Tax 3462.00
SQFT 1425
UnitFeaturesKitchen Island, Hardwood Floors, Wall To Wall Carpet
OtherRoomsKitchen, Eat In Kitchen, Dining Area, Laundry/Utility Room
AlsoIncludedCurtains, Blinds, Furniture
CoolingCentral Air, Ceiling Fan
WaterCity
Bedrooms 3
Half Bath 0
# of Stories One
Lot Dimensions
# Units
Tax Year 2024
Area Avalon
ParkingGarage1 Car, Assigned Parking
AppliancesIncludedRange, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
HeatingGas Natural, Forced Air
HotWaterGas
SewerCity
Please Check Box below.

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Property 2

2977 Dune, Avalon

  • 3

  • 2.0

  • $1799990

TRULY A RARE FIND! This beautifully renovated two-story townhome is being sold as a package WITH the commercial unit below it! You can break down the price as you wish – an even split would mean that you’re only paying about $650,000 each for a commercial unit AND a townhome, which is a fantastic price!! The townhome alone is an incredible value, AND you get an income producing commercial unit with the purchase! The property offers an ideal “Park-n-Walk” location in the heart of Avalon, and there’s only two streets to cross on the way to amazing beaches! The spacious townhome features nearly 1,700 square feet of living area with 3 bedrooms, 2 bathrooms and two private decks! The Commercial unit also features a renovated interior, which is close to 1,000 square feet and includes front & rear entrances and a Powder Room. The Commercial unit is perfect for a business office or retail. No cooking is permitted on the premises. The property offers a large parking area in the rear, which will soon be repaved with a new fence installed. The income potential from this property is substantial, and having two units gives you ultimate flexibility. There are many options here! Projected rental income from the Commercial unit is $26,000/year and the townhome rented for $44,000 during the 2024 season. If your primary focus is personal enjoyment, then you can spend more time enjoying your property here on the 7 Mile Island, and less time renting, all the while letting the Commercial unit’s rent pay about two years worth of your Annual RE Tax & Condo Dues! Another way to view this is that the Commercial unit’s rental income offsets the payments on about $370,000 of your mortgage! If you’re purchasing using 75% financing, that’s about one-third of your loan amount paid for by the Commercial Unit’s rental income! FOR THE INVESTMENT MINDED, the projected $70,000 (+/-) in rent offsets the majority of your mortgage payment! Townhome is owner occupied, EZ to show.

Property 2

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  • 3

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