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!
Sold for $3,200,000 on 04/01/25
$3,200,000
9211 Monmouth Ave, Margate City, NJ 08402
10beds
--baths
--sqft
Multi Family
Built in 1955
-- sqft lot
$3,268,200 Zestimate®
$--/sqft
$1,636 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 04, 2025 at 08:20am
Listed by:
MARY LOU FERRY WIMMER,
FARLEY and FERRY REALTY, INC
Bought with:
MARY LOU FERRY WIMMER, 8200288
Source: SJSRMLS,MLS#: 573902

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
Heating
- Electric
Features
- Has basement: No
- Has fireplace: No
Property
Parking
- Total spaces: 3
- Parking features: None
Lot
- Size: 0.38 Acres
- Dimensions: 131 x 125
Details
- Parcel number: 21
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Margate City
Other
Other facts
- Available date: 05/11/2023
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$3,268,200
2% more+ $65,364
With Zillow Showcase(estimated)
$3,333,564