708 S Bayview Drive

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708 S Bayview Drive

Strathmere, NJ 08248
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel situated in the coastal town of Strathmere
  • Prime development site located at 708 S Bayview Drive
  • Strategic position within the desirable Cape May County region
  • Vacant land ready for custom residential build or development
  • Located on a barrier island near popular Jersey Shore attractions

What's Special

This residential land for sale at 708 S Bayview Drive presents a development prospect for those looking to build in the coastal community of Strathmere, New Jersey. Situated in a coastal town characterized by its barrier island setting, the property is positioned within a region known for its seasonal residential character and proximity to Atlantic shore points. The site offers developers and individual buyers the chance to establish a custom residential structure in a well-established beach neighborhood. Its location in Cape May County benefits from regional demand for coastal real estate and proximity to popular seaside attractions along the Jersey Shore. Whether intended for a primary coastal residence or a secondary vacation home, this parcel provides a foundational opportunity for residential construction within a high-demand market environment. Prospective buyers should conduct independent due diligence regarding current local zoning regulations and site-specific development requirements before proceeding with architectural plans or site acquisition.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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