$3,349,000
Mobile:
215-806-1817Office
609-399-0076x1550
0
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!
Total Rooms | |
Full Bath | 0 |
# of Stories | |
Year Build | 1955 |
Lot Size | |
Tax | 11341.00 |
SQFT |
ParkingGarage | None |
Water | Public |
Bedrooms | 0 |
Half Bath | 0 |
# of Stories | |
Lot Dimensions | |
# Units | 11 - 20 Units |
Tax Year | 2022 |
Area | Margate City |
Heating | Electric |
Sewer | Public Sewer |