407 E Miami Avenue

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407 E Miami Avenue

Wildwood Crest, NJ 08260
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 located in Wildwood Crest, New Jersey
  • Site coordinates identified at 38.9657 latitude and -74.8401 longitude
  • Prime location within a popular Cape May County coastal community
  • Suitable asset for new residential development or future custom construction
  • Positioned in a region with consistent demand for residential inventory

What's Special

407 E Miami Avenue in Wildwood Crest, New Jersey, presents a parcel of residential land situated in a well-established coastal community. The property offers a clear site for development within a desirable Cape May County submarket, characterized by seasonal tourism and a steady year-round population. This location provides access to the municipal amenities and coastal lifestyle typical of the region, making it suitable for the construction of a single-family home or a secondary residence. Investors and developers will find the site positioned within a neighborhood that maintains consistent demand for residential inventory. Given its proximity to the beachfront and local thoroughfares, this land serves as a practical asset for those looking to establish a presence in a growing suburban market. The parcel benefits from the regional connectivity and infrastructure of the Wildwood Crest area, supporting various residential project scopes and investment strategies focused on long-term value in this shore community.

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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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