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$ 158,000
Est. payment | /mo
$ 158,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type 6,001 to 10,000 SQFT
Listing Status Active
Purchase Type For Sale
MLS Listing ID 601848
Annual Tax Amount $1,521
Tax Year 2025
Property Sub-Type 6,001 to 10,000 SQFT
Property Description
Seller Financing Available! Prime 7,500 sq ft corner development lot at 1300 Mediterranean Ave, Atlantic City, zoned RM-2 allowing multiple build options including single-family homes, duplexes, townhomes, or a church. Zoning permits up to 40 ft building height with 15 ft front setback and 60 ft rear setback. Minimum 968 sq ft per unit. Excellent location near schools, transportation, major roads, and Atlantic City's beaches and boardwalk. Seller financing terms: 35% down payment, 0% interest for the first 12 months, 6% interest for years 2–3, with balloon payment due at the end of year 3. Ideal opportunity for developers, builders, and investors looking to secure a buildable lot with flexible financing.
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Zoning Duplex,Residential,See Remarks
Location Details Corner,See Remarks,Boardwalk Area
Exterior
Utilities Available Electric, Gas, Sewer, Water
Others
Senior Community No
Listed by WEICHERT REALTORS ASBURY GROUP-AC
Nearby Locations
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