217-221 E Burk Ave
Listing Notes
Builders, investors, and operators-don't miss this rare opportunity to acquire a 9-unit condo portfolio in the heart of Wildwood, NJ, being offered as a package deal along with a buildable lot. This unique offering includes nine individually deeded condominium units, consisting of eight 2-bedroom, 1-bath units and one spacious rear cottage featuring 1 bedroom and 1 bath. The additional lot, currently utilized as parking for tenants, is large enough to accommodate the construction of one or two homes, similar to the neighboring properties at 223 and 225. The entire property has undergone extensive renovations within the past year and a half, and the heavy lifting has already been completed, including the full rehab, condo conversion, elevation certificate, and more. All units are currently operating as short-term summer rentals and continue to take reservations, offering immediate income potential. Ideally located just blocks from the beach, boardwalk, and Convention Center, this property sits in one of Wildwood's most desirable rental zones. A truly unique investment opportunity combining strong current cash flow with future development upside.
Price in context
Cheaper than 25% of the 24 homes listed nearby right now, which run $1,299,000 to $3,200,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 3510 Hudson Ave | $1,299,000 | 5 bd · 3 ba |
| 119 W 20th Ave Unit 119EAST | $1,349,000 | 5 bd · 3 ba |
| 2910 Ocean Ave | $1,369,000 | 14 bd · 11 ba |
| 4 Lake Rd | $1,395,000 | 5 bd · 4 ba |
| 200 Evergreen | $1,495,000 | — |
| 200 Evergreen Dr | $1,495,000 | — |
| 501-505 W Maple Ave | $1,499,000 | 4 bd · 2 ba |
| 227 E Cresse Ave | $1,499,777 | 5 bd · 3 ba |
| 428 W 19th Ave Unit 428 | $1,499,777 | 4 bd · 3 ba |
| 211-13 W Wildwood Ave | $1,500,000 | 10 bd · 5 ba |
| 5308 Atlantic Ave | $1,595,000 | 4 bd · 4 ba |
| 135 W Sweetbriar Rd | $1,599,000 | 4 bd · 3 ba |
| 218 E Taylor Ave | $1,599,999 | 7 bd · 3 ba |
| 407 W 19th Ave | $1,699,900 | 4 bd · 3 ba |
| 335 W 20th Ave | $1,799,777 | 4 bd · 3 ba |
| 100 E 24th Ave | $1,800,000 | — |
| 115-117 W Poplar Ave | $1,850,000 | 10 bd · 7 ba |
| 511 W 19th Ave | $1,899,777 | 5 bd · 4 ba |
| 217-221 E Burk Ave | $2,295,000 | — |
| 216 E Fern Rd | $2,299,900 | 10 bd · 2 ba |
| 5606 Pacific Ave | $2,350,000 | 9 bd · 7 ba |
| 101 W 22nd Ave | $2,400,000 | 5 bd · 3 ba |
| 422 E 21st Ave | $2,799,777 | 5 bd · 6 ba |
| 5400 Lake Rd | $3,200,000 | 5 bd · 4 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more